GANTIC SOLUTIONS AS

5347 ÅGOTNES

Finances

Share Ownership

Return on Equity

13,84 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	3 564 000	1 730 000	204 000
Net Income	49 000	161 000	43 000
Total Assets	964 000	1 155 000	349 000
Total Equity	354 000	305 000	143 000

Income (NOK)	2022	2021	2020
Revenue	3 564 000	1 730 000	204 000
Expenditure	3 500 000	1 524 000	149 000
Operating Profit	64 000	206 000	55 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	63 000	206 000	55 000
Tax	14 000	44 000	12 000
Net Income	49 000	161 000	43 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	86 000	0	0
Total Current Assets	877 000	1 155 000	349 000
Total Assets	964 000	1 155 000	349 000
Total Retained Equity	254 000	205 000	43 000
Total Equity	354 000	305 000	143 000
Total Long-Term Debt	1 000	0	1 000
Total Current Debt	609 000	851 000	205 000
Total Equity and Debt	964 000	1 155 000	349 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 564 000	1 730 000	204 000
Other Income	0	0	0
Revenue	3 564 000	1 730 000	204 000
Cost of Goods Sold	2 281 000	0	0
Salary Costs	614 000	1 347 000	143 000
Depreciation	15 000	0	0
Impairment	0	0	0
Expenditure	3 500 000	1 524 000	149 000
Operating Profit	64 000	206 000	55 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	49 000	161 000	43 000

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	86 000	0	0
Fixtures	0	0	0
Total Tangible Assets	86 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	86 000	0	0
Stock	647 000	2 000	0
Total Investments	0	0	0
Cash, Bank	73 000	712 000	94 000
Total Current Assets	877 000	1 155 000	349 000
Total Assets	964 000	1 155 000	349 000
Total Equity	354 000	305 000	143 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	1 000
Creditors	294 000	32 000	0
Unpaid Taxes	188 000	644 000	194 000
Dividends	0	0	0
Other Current Debt	114 000	130 000	0
Total Current Debt	609 000	851 000	205 000
Total Equity and Debt	964 000	1 155 000	349 000

Financial indicators	2022	2021	2020
Return on Equity	13,84 %	52,79 %	30,07 %
Debt-to-Equity Ratio	0	0	0,01
Operating Profit Margin	1,8 %	11,91 %	26,96 %
Current Ratio	1,44	1,36	1,7
Quick Ratio	−23,08	1,36	1,7
Equity Ratio	0,37	0,26	0,41
Gross Profit Margin	36 %	100 %	100 %