GATEWAY STAINLESS AS

3045 DRAMMEN

Finances

Share Ownership

Return on Equity

33,34 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 802 000	24 222 000	32 447 000	25 737 000
Net Income	1 024 000	−201 000	1 324 000	−155 000
Total Assets	18 868 000	16 206 000	15 617 000	9 897 000
Total Equity	3 071 000	2 047 000	2 248 000	2 224 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 802 000	24 222 000	32 447 000	25 737 000
Expenditure	41 886 000	26 215 000	30 036 000	25 666 000
Operating Profit	1 915 000	265 000	2 411 000	71 000
Financial Income	281 000	222 000	404 000	120 000
Financial Costs	876 000	738 000	1 117 000	382 000
Financial Balance	−595 000	−516 000	−713 000	−262 000
Earnings Before Tax	1 320 000	−251 000	1 698 000	−191 000
Tax	296 000	−50 000	374 000	−37 000
Net Income	1 024 000	−201 000	1 324 000	−155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	501 000	1 160 000	2 745 000	709 000
Total Current Assets	18 367 000	15 045 000	12 873 000	9 188 000
Total Assets	18 868 000	16 206 000	15 617 000	9 897 000
Total Retained Equity	699 000	−177 000	24 000	0
Total Equity	3 071 000	2 047 000	2 248 000	2 224 000
Total Long-Term Debt	2 794 000	4 975 000	1 412 000	536 000
Total Current Debt	13 003 000	9 183 000	11 957 000	7 137 000
Total Equity and Debt	18 868 000	16 206 000	15 617 000	9 897 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 702 000	24 061 000	31 795 000	24 908 000
Other Income	100 000	162 000	652 000	829 000
Revenue	43 802 000	24 222 000	32 447 000	25 737 000
Cost of Goods Sold	30 952 000	19 153 000	23 925 000	19 748 000
Salary Costs	6 565 000	3 677 000	2 928 000	2 965 000
Depreciation	266 000	376 000	276 000	365 000
Impairment	0	0	0	0
Expenditure	41 886 000	26 215 000	30 036 000	25 666 000
Operating Profit	1 915 000	265 000	2 411 000	71 000
Financial Income	281 000	222 000	404 000	120 000
Financial Costs	876 000	738 000	1 117 000	382 000
Financial Balance	−595 000	−516 000	−713 000	−262 000
Dividends	0	0	1 300 000	0
Net Income	1 024 000	−201 000	1 324 000	−155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	48 000	70 000	92 000	101 000
Total Intangible Assets	48 000	70 000	92 000	115 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	443 000	1 081 000	1 412 000	457 000
Total Tangible Assets	443 000	1 081 000	1 412 000	457 000
Total Fiancial Fixed Assets	10 000	10 000	1 241 000	137 000
Total Fixed Assets	501 000	1 160 000	2 745 000	709 000
Stock	13 300 000	10 757 000	8 016 000	6 310 000
Total Investments	0	0	0	0
Cash, Bank	969 000	1 161 000	1 332 000	450 000
Total Current Assets	18 367 000	15 045 000	12 873 000	9 188 000
Total Assets	18 868 000	16 206 000	15 617 000	9 897 000
Total Equity	3 071 000	2 047 000	2 248 000	2 224 000
Short-Term Group Debt	292 000	2 000	0	0
Total Long-Term Debt	2 794 000	4 975 000	1 412 000	536 000
Creditors	6 706 000	5 043 000	3 767 000	4 240 000
Unpaid Taxes	2 360 000	1 127 000	3 792 000	1 920 000
Dividends	0	0	1 300 000	0
Other Current Debt	1 092 000	448 000	492 000	977 000
Total Current Debt	13 003 000	9 183 000	11 957 000	7 137 000
Total Equity and Debt	18 868 000	16 206 000	15 617 000	9 897 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,34 %	−9,82 %	58,9 %	−6,97 %
Debt-to-Equity Ratio	0,91	2,43	0,63	0,24
Operating Profit Margin	4,37 %	1,09 %	7,43 %	0,28 %
Current Ratio	1,41	1,64	1,08	1,29
Quick Ratio	−61,84	−9,56	3,27	11,11
Equity Ratio	0,16	0,13	0,14	0,22
Gross Profit Margin	29,34 %	20,93 %	26,26 %	23,27 %