GANGENES VEI AS

4150 RENNESØY

Finances

Share Ownership

Return on Equity

85,64 %

Current Ratio

1,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 582 000	541 000	3 326 000	2 011 000
Net Income	316 000	−769 000	499 000	−301 000
Total Assets	624 000	332 000	1 301 000	993 000
Total Equity	369 000	153 000	922 000	423 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 582 000	541 000	3 326 000	2 011 000
Expenditure	1 258 000	1 298 000	2 733 000	2 265 000
Operating Profit	325 000	−757 000	595 000	−255 000
Financial Income	0	0	0	0
Financial Costs	10 000	12 000	41 000	46 000
Financial Balance	−10 000	−12 000	−41 000	−46 000
Earnings Before Tax	316 000	−769 000	553 000	−301 000
Tax	0	0	54 000	0
Net Income	316 000	−769 000	499 000	−301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 000	130 000	222 000	357 000
Total Current Assets	463 000	202 000	1 079 000	636 000
Total Assets	624 000	332 000	1 301 000	993 000
Total Retained Equity	219 000	3 000	772 000	273 000
Total Equity	369 000	153 000	922 000	423 000
Total Long-Term Debt	0	0	0	42 000
Total Current Debt	255 000	178 000	379 000	528 000
Total Equity and Debt	624 000	332 000	1 301 000	993 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 361 000	541 000	3 149 000	2 011 000
Other Income	221 000	0	178 000	0
Revenue	1 582 000	541 000	3 326 000	2 011 000
Cost of Goods Sold	149 000	229 000	1 265 000	768 000
Salary Costs	442 000	348 000	240 000	304 000
Depreciation	37 000	92 000	124 000	143 000
Impairment	0	0	0	0
Expenditure	1 258 000	1 298 000	2 733 000	2 265 000
Operating Profit	325 000	−757 000	595 000	−255 000
Financial Income	0	0	0	0
Financial Costs	10 000	12 000	41 000	46 000
Financial Balance	−10 000	−12 000	−41 000	−46 000
Dividends	100 000	0	0	0
Net Income	316 000	−769 000	499 000	−301 000

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	53 000	0	0	152 000
Fixtures	0	129 000	221 000	204 000
Total Tangible Assets	53 000	129 000	221 000	356 000
Total Fiancial Fixed Assets	108 000	1 000	1 000	1 000
Total Fixed Assets	161 000	130 000	222 000	357 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	197 000	11 000	200 000	24 000
Total Current Assets	463 000	202 000	1 079 000	636 000
Total Assets	624 000	332 000	1 301 000	993 000
Total Equity	369 000	153 000	922 000	423 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	42 000
Creditors	43 000	31 000	130 000	55 000
Unpaid Taxes	69 000	22 000	172 000	47 000
Dividends	100 000	0	0	0
Other Current Debt	43 000	40 000	23 000	41 000
Total Current Debt	255 000	178 000	379 000	528 000
Total Equity and Debt	624 000	332 000	1 301 000	993 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,64 %	−502,61 %	54,12 %	−71,16 %
Debt-to-Equity Ratio	0	0	0	0,1
Operating Profit Margin	20,54 %	−139,93 %	17,89 %	−12,68 %
Current Ratio	1,82	1,13	2,85	1,2
Quick Ratio	1,82	1,13	2,85	1,2
Equity Ratio	0,59	0,46	0,71	0,43
Gross Profit Margin	90,58 %	57,67 %	61,97 %	61,81 %