GI SOLUTIONS AS

3402 LIER

Finances

Share Ownership

Return on Equity

129,33 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 527 000	1 278 000	1 065 000
Net Income	97 000	−78 000	26 000
Total Assets	350 000	240 000	265 000
Total Equity	75 000	−22 000	56 000

Income (NOK)	2022	2021	2020
Revenue	1 527 000	1 278 000	1 065 000
Expenditure	1 414 000	1 359 000	1 029 000
Operating Profit	114 000	−81 000	35 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	2 000
Financial Balance	−1 000	−1 000	−2 000
Earnings Before Tax	113 000	−82 000	33 000
Tax	15 000	−3 000	7 000
Net Income	97 000	−78 000	26 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	57 000	62 000	100 000
Total Current Assets	292 000	178 000	166 000
Total Assets	350 000	240 000	265 000
Total Retained Equity	45 000	−52 000	26 000
Total Equity	75 000	−22 000	56 000
Total Long-Term Debt	0	0	3 000
Total Current Debt	275 000	263 000	206 000
Total Equity and Debt	350 000	240 000	265 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 527 000	1 278 000	1 057 000
Other Income	0	0	8 000
Revenue	1 527 000	1 278 000	1 065 000
Cost of Goods Sold	4 000	5 000	12 000
Salary Costs	1 041 000	1 008 000	770 000
Depreciation	45 000	37 000	12 000
Impairment	0	0	0
Expenditure	1 414 000	1 359 000	1 029 000
Operating Profit	114 000	−81 000	35 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	2 000
Financial Balance	−1 000	−1 000	−2 000
Dividends	0	0	0
Net Income	97 000	−78 000	26 000

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	57 000	62 000	100 000
Total Tangible Assets	57 000	62 000	100 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	57 000	62 000	100 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	288 000	178 000	145 000
Total Current Assets	292 000	178 000	166 000
Total Assets	350 000	240 000	265 000
Total Equity	75 000	−22 000	56 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	3 000
Creditors	7 000	16 000	0
Unpaid Taxes	159 000	163 000	140 000
Dividends	0	0	0
Other Current Debt	93 000	84 000	62 000
Total Current Debt	275 000	263 000	206 000
Total Equity and Debt	350 000	240 000	265 000

Financial indicators	2022	2021	2020
Return on Equity	129,33 %	354,55 %	46,43 %
Debt-to-Equity Ratio	0	−0	0,05
Operating Profit Margin	7,47 %	−6,34 %	3,29 %
Current Ratio	1,06	0,68	0,81
Quick Ratio	1,06	0,68	0,81
Equity Ratio	0,21	−0,09	0,21
Gross Profit Margin	99,74 %	99,61 %	98,87 %