GATE GOURMET NORWAY AS

2060 GARDERMOEN

Finances

Share Ownership

Return on Equity

−81,1 %

Current Ratio

0,88

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	126 455 000	145 158 000	414 225 000	412 985 000
Net Income	−14 209 000	−18 868 000	−5 851 000	2 071 000
Total Assets	79 084 000	46 571 000	126 807 000	116 498 000
Total Equity	17 520 000	−16 086 000	2 782 000	8 633 000

Income (NOK)	2021	2020	2019	2018
Revenue	126 455 000	145 158 000	414 225 000	412 985 000
Expenditure	139 580 000	161 322 000	412 464 000	409 912 000
Operating Profit	−13 125 000	−16 165 000	1 761 000	3 073 000
Financial Income	106 000	8 000	21 000	40 000
Financial Costs	1 191 000	2 711 000	1 562 000	2 162 000
Financial Balance	−1 085 000	−2 703 000	−1 541 000	−2 122 000
Earnings Before Tax	−14 209 000	−18 868 000	220 000	1 729 000
Tax	0	0	0	0
Net Income	−14 209 000	−18 868 000	−5 851 000	2 071 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	24 903 000	27 921 000	30 810 000	38 635 000
Total Current Assets	54 181 000	18 650 000	95 997 000	77 863 000
Total Assets	79 084 000	46 571 000	126 807 000	116 498 000
Total Retained Equity	8 475 000	−25 089 000	−80 220 000	−74 369 000
Total Equity	17 520 000	−16 086 000	2 782 000	8 633 000
Total Long-Term Debt	0	21 500 000	23 000 000	22 000 000
Total Current Debt	61 564 000	41 157 000	101 025 000	85 865 000
Total Equity and Debt	79 084 000	46 571 000	126 807 000	116 498 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	121 877 000	143 160 000	393 774 000	384 122 000
Other Income	4 578 000	1 998 000	20 451 000	28 863 000
Revenue	126 455 000	145 158 000	414 225 000	412 985 000
Cost of Goods Sold	16 056 000	26 803 000	95 992 000	102 616 000
Salary Costs	77 580 000	77 143 000	233 511 000	223 215 000
Depreciation	5 346 000	5 576 000	3 077 000	8 610 000
Impairment	0	0	0	0
Expenditure	139 580 000	161 322 000	412 464 000	409 912 000
Operating Profit	−13 125 000	−16 165 000	1 761 000	3 073 000
Financial Income	106 000	8 000	21 000	40 000
Financial Costs	1 191 000	2 711 000	1 562 000	2 162 000
Financial Balance	−1 085 000	−2 703 000	−1 541 000	−2 122 000
Dividends	0	0	0	0
Net Income	−14 209 000	−18 868 000	−5 851 000	2 071 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	6 071 000
Real Eastate	18 975 000	20 507 000	21 909 000	22 702 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 663 000	5 632 000	6 601 000	6 357 000
Total Tangible Assets	23 639 000	26 139 000	28 510 000	29 059 000
Total Fiancial Fixed Assets	1 265 000	1 782 000	2 300 000	3 504 000
Total Fixed Assets	24 903 000	27 921 000	30 810 000	38 635 000
Stock	1 658 000	1 684 000	3 524 000	3 156 000
Total Investments	0	0	0	0
Cash, Bank	9 257 000	4 191 000	5 781 000	5 095 000
Total Current Assets	54 181 000	18 650 000	95 997 000	77 863 000
Total Assets	79 084 000	46 571 000	126 807 000	116 498 000
Total Equity	17 520 000	−16 086 000	2 782 000	8 633 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	21 500 000	23 000 000	22 000 000
Creditors	7 927 000	2 895 000	13 057 000	19 757 000
Unpaid Taxes	7 690 000	4 040 000	9 626 000	9 586 000
Dividends	0	0	0	0
Other Current Debt	45 946 000	34 222 000	78 343 000	56 521 000
Total Current Debt	61 564 000	41 157 000	101 025 000	85 865 000
Total Equity and Debt	79 084 000	46 571 000	126 807 000	116 498 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−81,1 %	117,29 %	−210,32 %	23,99 %
Debt-to-Equity Ratio	0	−1,34	8,27	2,55
Operating Profit Margin	−10,38 %	−11,14 %	0,43 %	0,74 %
Current Ratio	0,88	0,45	0,95	0,91
Quick Ratio	0,9	0,47	0,98	0,94
Equity Ratio	0,22	−0,35	0,02	0,07
Gross Profit Margin	87,3 %	81,54 %	76,83 %	75,15 %