GALATEA AS

1727 SARPSBORG

Finances

Return on Equity

90,42 %

Current Ratio

42,2

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020
Revenue	461 000	562 000	39 000
Net Income	4 604 000	428 000	30 000
Total Assets	5 969 000	884 000	69 000
Total Equity	5 092 000	488 000	60 000

Income (NOK)	2022	2021	2020
Revenue	461 000	562 000	39 000
Expenditure	67 000	11 000	0
Operating Profit	394 000	550 000	39 000
Financial Income	4 300 000	3 000	0
Financial Costs	5 000	3 000	0
Financial Balance	4 295 000	0	0
Earnings Before Tax	4 689 000	550 000	39 000
Tax	86 000	122 000	9 000
Net Income	4 604 000	428 000	30 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 959 000	662 000	0
Total Current Assets	4 009 000	221 000	69 000
Total Assets	5 969 000	884 000	69 000
Total Retained Equity	5 062 000	458 000	30 000
Total Equity	5 092 000	488 000	60 000
Total Long-Term Debt	782 000	249 000	9 000
Total Current Debt	95 000	146 000	0
Total Equity and Debt	5 969 000	884 000	69 000

Cash flow (NOK)	2022	2021	2020
Sales Income	461 000	562 000	39 000
Other Income	0	0	0
Revenue	461 000	562 000	39 000
Cost of Goods Sold	0	0	0
Salary Costs	4 000	0	0
Depreciation	3 000	3 000	0
Impairment	0	0	0
Expenditure	67 000	11 000	0
Operating Profit	394 000	550 000	39 000
Financial Income	4 300 000	3 000	0
Financial Costs	5 000	3 000	0
Financial Balance	4 295 000	0	0
Dividends	0	0	0
Net Income	4 604 000	428 000	30 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	9 000	12 000	0
Total Tangible Assets	9 000	12 000	0
Total Fiancial Fixed Assets	1 950 000	650 000	0
Total Fixed Assets	1 959 000	662 000	0
Stock	0	0	0
Total Investments	3 800 000	0	0
Cash, Bank	141 000	33 000	69 000
Total Current Assets	4 009 000	221 000	69 000
Total Assets	5 969 000	884 000	69 000
Total Equity	5 092 000	488 000	60 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	782 000	249 000	9 000
Creditors	0	0	0
Unpaid Taxes	11 000	25 000	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	95 000	146 000	0
Total Equity and Debt	5 969 000	884 000	69 000

Financial indicators	2022	2021	2020
Return on Equity	90,42 %	87,7 %	50 %
Debt-to-Equity Ratio	0,15	0,51	0,15
Operating Profit Margin	85,47 %	97,86 %	100 %
Current Ratio	42,2	1,51	-
Quick Ratio	42,2	1,51	-
Equity Ratio	0,85	0,55	0,87
Gross Profit Margin	100 %	100 %	100 %