GAC NORWAY AS

5035 BERGEN

Finances

Return on Equity

79,58 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	187 048 000	155 190 000	114 522 000	143 623 000
Net Income	22 221 000	9 861 000	−2 923 000	1 694 000
Total Assets	191 659 000	146 567 000	122 699 000	137 420 000
Total Equity	27 924 000	13 703 000	3 842 000	6 765 000

Income (NOK)	2022	2021	2020	2019
Revenue	187 048 000	155 190 000	114 522 000	143 623 000
Expenditure	157 812 000	142 389 000	117 917 000	141 615 000
Operating Profit	29 236 000	12 801 000	−3 395 000	2 008 000
Financial Income	358 000	456 000	800 000	547 000
Financial Costs	922 000	521 000	1 073 000	158 000
Financial Balance	−564 000	−65 000	−273 000	389 000
Earnings Before Tax	28 672 000	12 736 000	−3 668 000	2 398 000
Tax	6 451 000	2 875 000	−746 000	703 000
Net Income	22 221 000	9 861 000	−2 923 000	1 694 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 239 000	12 707 000	12 842 000	11 958 000
Total Current Assets	181 420 000	133 860 000	109 857 000	125 462 000
Total Assets	191 659 000	146 567 000	122 699 000	137 420 000
Total Retained Equity	26 424 000	12 203 000	2 342 000	5 265 000
Total Equity	27 924 000	13 703 000	3 842 000	6 765 000
Total Long-Term Debt	2 403 000	1 953 000	1 503 000	1 053 000
Total Current Debt	161 332 000	130 911 000	117 354 000	129 602 000
Total Equity and Debt	191 659 000	146 567 000	122 699 000	137 420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	186 361 000	154 182 000	113 392 000	141 861 000
Other Income	687 000	1 008 000	1 130 000	1 762 000
Revenue	187 048 000	155 190 000	114 522 000	143 623 000
Cost of Goods Sold	57 972 000	60 788 000	35 234 000	50 848 000
Salary Costs	72 665 000	58 931 000	58 979 000	66 929 000
Depreciation	1 374 000	1 401 000	1 432 000	1 347 000
Impairment	0	0	0	0
Expenditure	157 812 000	142 389 000	117 917 000	141 615 000
Operating Profit	29 236 000	12 801 000	−3 395 000	2 008 000
Financial Income	358 000	456 000	800 000	547 000
Financial Costs	922 000	521 000	1 073 000	158 000
Financial Balance	−564 000	−65 000	−273 000	389 000
Dividends	8 000 000	0	0	0
Net Income	22 221 000	9 861 000	−2 923 000	1 694 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	951 000	894 000	1 131 000	462 000
Real Eastate	4 394 000	4 579 000	4 766 000	4 964 000
Machinery and Plant Facilities	45 000	58 000	13 000	23 000
Fixtures	2 397 000	2 141 000	2 488 000	2 501 000
Total Tangible Assets	6 836 000	6 779 000	7 268 000	7 488 000
Total Fiancial Fixed Assets	2 451 000	5 035 000	4 443 000	4 009 000
Total Fixed Assets	10 239 000	12 707 000	12 842 000	11 958 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	47 081 000	36 625 000	46 299 000	48 498 000
Total Current Assets	181 420 000	133 860 000	109 857 000	125 462 000
Total Assets	191 659 000	146 567 000	122 699 000	137 420 000
Total Equity	27 924 000	13 703 000	3 842 000	6 765 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 403 000	1 953 000	1 503 000	1 053 000
Creditors	130 074 000	107 919 000	98 172 000	110 565 000
Unpaid Taxes	4 869 000	4 012 000	3 484 000	4 054 000
Dividends	8 000 000	0	0	0
Other Current Debt	19 876 000	16 343 000	15 697 000	14 264 000
Total Current Debt	161 332 000	130 911 000	117 354 000	129 602 000
Total Equity and Debt	191 659 000	146 567 000	122 699 000	137 420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,58 %	71,96 %	−76,08 %	25,04 %
Debt-to-Equity Ratio	0,09	0,14	0,39	0,16
Operating Profit Margin	15,63 %	8,25 %	−2,96 %	1,4 %
Current Ratio	1,12	1,02	0,94	0,97
Quick Ratio	1,12	1,02	0,94	0,97
Equity Ratio	0,15	0,09	0,03	0,05
Gross Profit Margin	69,01 %	60,83 %	69,23 %	64,6 %