GINAVEGEN BORETTSLAG

5527 HAUGESUND

Finances

Share Ownership

Return on Equity

6,65 %

Current Ratio

3,44

Debt-to-Equity Ratio

−2,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 711 000	1 713 000	1 709 000	1 683 000
Net Income	−321 000	−1 425 000	450 000	368 000
Total Assets	5 241 000	6 615 000	5 820 000	5 824 000
Total Equity	−4 830 000	−4 509 000	−3 083 000	−3 534 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 711 000	1 713 000	1 709 000	1 683 000
Expenditure	1 756 000	2 966 000	1 065 000	1 091 000
Operating Profit	−46 000	−1 254 000	643 000	592 000
Financial Income	0	3 000	2 000	3 000
Financial Costs	276 000	175 000	195 000	227 000
Financial Balance	−276 000	−172 000	−193 000	−224 000
Earnings Before Tax	−321 000	−1 425 000	160 000	73 000
Tax	0	0	0	0
Net Income	−321 000	−1 425 000	450 000	368 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 811 000	4 811 000	4 811 000	4 811 000
Total Current Assets	430 000	1 804 000	1 010 000	1 014 000
Total Assets	5 241 000	6 615 000	5 820 000	5 824 000
Total Retained Equity	−4 831 000	−4 510 000	−3 085 000	−3 535 000
Total Equity	−4 830 000	−4 509 000	−3 083 000	−3 534 000
Total Long-Term Debt	9 945 000	10 320 000	8 884 000	9 180 000
Total Current Debt	125 000	803 000	20 000	178 000
Total Equity and Debt	5 241 000	6 615 000	5 820 000	5 824 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 711 000	1 713 000	1 418 000	1 388 000
Revenue	1 711 000	1 713 000	1 709 000	1 683 000
Cost of Goods Sold	0	0	0	0
Salary Costs	33 000	16 000	15 000	11 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 756 000	2 966 000	1 065 000	1 091 000
Operating Profit	−46 000	−1 254 000	643 000	592 000
Financial Income	0	3 000	2 000	3 000
Financial Costs	276 000	175 000	195 000	227 000
Financial Balance	−276 000	−172 000	−193 000	−224 000
Dividends	0	0	0	0
Net Income	−321 000	−1 425 000	450 000	368 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 811 000	4 811 000	4 811 000	4 811 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 811 000	4 811 000	4 811 000	4 811 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 811 000	4 811 000	4 811 000	4 811 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	419 000	1 794 000	1 003 000	861 000
Total Current Assets	430 000	1 804 000	1 010 000	1 014 000
Total Assets	5 241 000	6 615 000	5 820 000	5 824 000
Total Equity	−4 830 000	−4 509 000	−3 083 000	−3 534 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 945 000	10 320 000	8 884 000	9 180 000
Creditors	122 000	805 000	21 000	174 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	−2 000	−1 000	4 000
Total Current Debt	125 000	803 000	20 000	178 000
Total Equity and Debt	5 241 000	6 615 000	5 820 000	5 824 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,65 %	31,6 %	−14,6 %	−10,41 %
Debt-to-Equity Ratio	−2,06	−2,29	−2,88	−2,6
Operating Profit Margin	−2,69 %	−73,2 %	37,62 %	35,18 %
Current Ratio	3,44	2,25	50,5	5,7
Quick Ratio	3,44	2,25	50,5	5,7
Equity Ratio	−0,92	−0,68	−0,53	−0,61
Gross Profit Margin	100 %	100 %	100 %	100 %