GINCO AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

−7,77 %

Current Ratio

13,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 429 000	829 000	858 000	1 662 000
Net Income	−549 000	1 243 000	548 000	1 099 000
Total Assets	7 589 000	8 447 000	8 702 000	8 704 000
Total Equity	7 067 000	7 916 000	7 973 000	7 925 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 429 000	829 000	858 000	1 662 000
Expenditure	858 000	503 000	670 000	1 023 000
Operating Profit	571 000	327 000	188 000	639 000
Financial Income	13 000	1 004 000	435 000	658 000
Financial Costs	1 014 000	0	0	47 000
Financial Balance	−1 001 000	1 004 000	435 000	611 000
Earnings Before Tax	−431 000	1 331 000	623 000	1 250 000
Tax	118 000	89 000	75 000	150 000
Net Income	−549 000	1 243 000	548 000	1 099 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	338 000	338 000	460 000	668 000
Total Current Assets	7 251 000	8 109 000	8 243 000	8 036 000
Total Assets	7 589 000	8 447 000	8 702 000	8 704 000
Total Retained Equity	6 967 000	7 816 000	7 873 000	7 825 000
Total Equity	7 067 000	7 916 000	7 973 000	7 925 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	522 000	531 000	729 000	779 000
Total Equity and Debt	7 589 000	8 447 000	8 702 000	8 704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 429 000	829 000	845 000	1 662 000
Other Income	0	0	12 000	0
Revenue	1 429 000	829 000	858 000	1 662 000
Cost of Goods Sold	424 000	0	51 000	344 000
Salary Costs	189 000	176 000	183 000	166 000
Depreciation	0	122 000	209 000	209 000
Impairment	0	0	0	0
Expenditure	858 000	503 000	670 000	1 023 000
Operating Profit	571 000	327 000	188 000	639 000
Financial Income	13 000	1 004 000	435 000	658 000
Financial Costs	1 014 000	0	0	47 000
Financial Balance	−1 001 000	1 004 000	435 000	611 000
Dividends	300 000	300 000	500 000	500 000
Net Income	−549 000	1 243 000	548 000	1 099 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	338 000	338 000	460 000	668 000
Total Tangible Assets	338 000	338 000	460 000	668 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	338 000	338 000	460 000	668 000
Stock	0	0	0	0
Total Investments	5 239 000	6 254 000	5 260 000	4 842 000
Cash, Bank	1 630 000	1 486 000	2 670 000	2 997 000
Total Current Assets	7 251 000	8 109 000	8 243 000	8 036 000
Total Assets	7 589 000	8 447 000	8 702 000	8 704 000
Total Equity	7 067 000	7 916 000	7 973 000	7 925 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	3 000	13 000	4 000
Unpaid Taxes	70 000	96 000	68 000	73 000
Dividends	300 000	300 000	500 000	500 000
Other Current Debt	30 000	43 000	73 000	32 000
Total Current Debt	522 000	531 000	729 000	779 000
Total Equity and Debt	7 589 000	8 447 000	8 702 000	8 704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,77 %	15,7 %	6,87 %	13,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	39,96 %	39,45 %	21,91 %	38,45 %
Current Ratio	13,89	15,27	11,31	10,32
Quick Ratio	13,89	15,27	11,31	10,32
Equity Ratio	0,93	0,94	0,92	0,91
Gross Profit Margin	70,33 %	100 %	94,06 %	79,3 %