GALEAS TRADING AS

3179 ÅSGÅRDSTRAND

Finances

Share Ownership

Return on Equity

9,2 %

Current Ratio

3,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	762 000	718 000	787 000	694 000
Net Income	24 000	−10 000	−1 000	−11 000
Total Assets	345 000	287 000	306 000	367 000
Total Equity	261 000	238 000	247 000	248 000

Income (NOK)	2022	2021	2020	2019
Revenue	762 000	718 000	787 000	694 000
Expenditure	738 000	732 000	782 000	704 000
Operating Profit	24 000	−14 000	6 000	−10 000
Financial Income	2 000	6 000	0	3 000
Financial Costs	2 000	2 000	7 000	4 000
Financial Balance	0	4 000	−7 000	−1 000
Earnings Before Tax	24 000	−10 000	−1 000	−11 000
Tax	0	0	0	0
Net Income	24 000	−10 000	−1 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 000	59 000	70 000	42 000
Total Current Assets	298 000	229 000	236 000	326 000
Total Assets	345 000	287 000	306 000	367 000
Total Retained Equity	156 000	133 000	142 000	143 000
Total Equity	261 000	238 000	247 000	248 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	84 000	50 000	59 000	119 000
Total Equity and Debt	345 000	287 000	306 000	367 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	762 000	718 000	787 000	694 000
Other Income	0	0	0	0
Revenue	762 000	718 000	787 000	694 000
Cost of Goods Sold	459 000	467 000	518 000	383 000
Salary Costs	7 000	12 000	7 000	11 000
Depreciation	12 000	12 000	6 000	4 000
Impairment	0	0	0	0
Expenditure	738 000	732 000	782 000	704 000
Operating Profit	24 000	−14 000	6 000	−10 000
Financial Income	2 000	6 000	0	3 000
Financial Costs	2 000	2 000	7 000	4 000
Financial Balance	0	4 000	−7 000	−1 000
Dividends	0	0	0	0
Net Income	24 000	−10 000	−1 000	−11 000

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	47 000	59 000	70 000	42 000
Total Tangible Assets	47 000	59 000	70 000	42 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 000	59 000	70 000	42 000
Stock	84 000	117 000	109 000	132 000
Total Investments	0	0	0	0
Cash, Bank	198 000	89 000	123 000	101 000
Total Current Assets	298 000	229 000	236 000	326 000
Total Assets	345 000	287 000	306 000	367 000
Total Equity	261 000	238 000	247 000	248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	32 000	24 000	30 000	52 000
Unpaid Taxes	44 000	4 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	7 000	21 000	29 000	66 000
Total Current Debt	84 000	50 000	59 000	119 000
Total Equity and Debt	345 000	287 000	306 000	367 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,2 %	−4,2 %	−0,4 %	−4,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,15 %	−1,95 %	0,76 %	−1,44 %
Current Ratio	3,55	4,58	4	2,74
Quick Ratio	-	−3,42	−4,72	−25,08
Equity Ratio	0,76	0,83	0,81	0,68
Gross Profit Margin	39,76 %	34,96 %	34,18 %	44,81 %