GMV DESIGN & SOLUTIONS AS

9446 GROVFJORD

Finances

Share Ownership

Return on Equity

29,58 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	14 301 000	11 506 000	1 726 000
Net Income	1 389 000	3 000 000	278 000
Total Assets	13 803 000	8 482 000	1 264 000
Total Equity	4 696 000	3 308 000	308 000

Income (NOK)	2021	2020	2019
Revenue	14 301 000	11 506 000	1 726 000
Expenditure	12 845 000	7 673 000	1 371 000
Operating Profit	1 456 000	3 833 000	354 000
Financial Income	429 000	20 000	0
Financial Costs	51 000	7 000	0
Financial Balance	378 000	13 000	0
Earnings Before Tax	1 833 000	3 846 000	354 000
Tax	445 000	846 000	77 000
Net Income	1 389 000	3 000 000	278 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	0	0	0
Total Current Assets	13 803 000	8 482 000	1 264 000
Total Assets	13 803 000	8 482 000	1 264 000
Total Retained Equity	4 666 000	3 278 000	278 000
Total Equity	4 696 000	3 308 000	308 000
Total Long-Term Debt	0	0	0
Total Current Debt	9 107 000	5 174 000	957 000
Total Equity and Debt	13 803 000	8 482 000	1 264 000

Cash flow (NOK)	2021	2020	2019
Sales Income	14 301 000	11 506 000	1 726 000
Other Income	0	0	0
Revenue	14 301 000	11 506 000	1 726 000
Cost of Goods Sold	10 121 000	7 020 000	1 133 000
Salary Costs	7 000	607 000	235 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	12 845 000	7 673 000	1 371 000
Operating Profit	1 456 000	3 833 000	354 000
Financial Income	429 000	20 000	0
Financial Costs	51 000	7 000	0
Financial Balance	378 000	13 000	0
Dividends	0	0	0
Net Income	1 389 000	3 000 000	278 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	751 000	5 445 000	468 000
Total Current Assets	13 803 000	8 482 000	1 264 000
Total Assets	13 803 000	8 482 000	1 264 000
Total Equity	4 696 000	3 308 000	308 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	3 412 000	2 023 000	335 000
Unpaid Taxes	2 995 000	1 705 000	309 000
Dividends	0	0	0
Other Current Debt	2 256 000	600 000	236 000
Total Current Debt	9 107 000	5 174 000	957 000
Total Equity and Debt	13 803 000	8 482 000	1 264 000

Financial indicators	2021	2020	2019
Return on Equity	29,58 %	90,69 %	90,26 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	10,18 %	33,31 %	20,51 %
Current Ratio	1,52	1,64	1,32
Quick Ratio	1,52	1,64	1,32
Equity Ratio	0,34	0,39	0,24
Gross Profit Margin	29,23 %	38,99 %	34,36 %