GOD MAT AS

0265 OSLO

Finances

Return on Equity

7,63 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 103 000	12 616 000	10 551 000	17 276 000
Net Income	293 000	931 000	−19 000	1 063 000
Total Assets	11 952 000	6 834 000	3 635 000	6 999 000
Total Equity	3 838 000	3 545 000	2 614 000	3 051 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 103 000	12 616 000	10 551 000	17 276 000
Expenditure	18 654 000	11 406 000	10 571 000	15 908 000
Operating Profit	449 000	1 210 000	−20 000	1 368 000
Financial Income	1 000	1 000	2 000	4 000
Financial Costs	72 000	14 000	6 000	4 000
Financial Balance	−71 000	−13 000	−4 000	0
Earnings Before Tax	377 000	1 197 000	−23 000	1 368 000
Tax	84 000	266 000	−4 000	305 000
Net Income	293 000	931 000	−19 000	1 063 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 762 000	843 000	196 000	244 000
Total Current Assets	6 190 000	5 991 000	3 439 000	6 755 000
Total Assets	11 952 000	6 834 000	3 635 000	6 999 000
Total Retained Equity	3 520 000	3 227 000	2 296 000	2 711 000
Total Equity	3 838 000	3 545 000	2 614 000	3 051 000
Total Long-Term Debt	2 916 000	153 000	0	0
Total Current Debt	5 198 000	3 135 000	1 021 000	3 947 000
Total Equity and Debt	11 952 000	6 834 000	3 635 000	6 999 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 052 000	11 451 000	9 971 000	17 276 000
Other Income	50 000	1 165 000	580 000	0
Revenue	19 103 000	12 616 000	10 551 000	17 276 000
Cost of Goods Sold	5 391 000	3 285 000	2 734 000	4 694 000
Salary Costs	8 746 000	5 339 000	5 006 000	7 696 000
Depreciation	260 000	86 000	42 000	68 000
Impairment	0	0	0	0
Expenditure	18 654 000	11 406 000	10 571 000	15 908 000
Operating Profit	449 000	1 210 000	−20 000	1 368 000
Financial Income	1 000	1 000	2 000	4 000
Financial Costs	72 000	14 000	6 000	4 000
Financial Balance	−71 000	−13 000	−4 000	0
Dividends	0	0	0	486 000
Net Income	293 000	931 000	−19 000	1 063 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	18 000	18 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 762 000	825 000	178 000	221 000
Total Tangible Assets	5 762 000	825 000	178 000	221 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 762 000	843 000	196 000	244 000
Stock	2 529 000	2 417 000	2 245 000	2 000 000
Total Investments	0	0	0	0
Cash, Bank	3 418 000	3 131 000	987 000	4 513 000
Total Current Assets	6 190 000	5 991 000	3 439 000	6 755 000
Total Assets	11 952 000	6 834 000	3 635 000	6 999 000
Total Equity	3 838 000	3 545 000	2 614 000	3 051 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 916 000	153 000	0	0
Creditors	1 193 000	615 000	51 000	442 000
Unpaid Taxes	1 797 000	1 442 000	208 000	1 601 000
Dividends	0	0	0	486 000
Other Current Debt	2 208 000	812 000	761 000	1 118 000
Total Current Debt	5 198 000	3 135 000	1 021 000	3 947 000
Total Equity and Debt	11 952 000	6 834 000	3 635 000	6 999 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,63 %	26,26 %	−0,73 %	34,84 %
Debt-to-Equity Ratio	0,76	0,04	0	0
Operating Profit Margin	2,35 %	9,59 %	−0,19 %	7,92 %
Current Ratio	1,19	1,91	3,37	1,71
Quick Ratio	2,32	8,34	−2,81	3,47
Equity Ratio	0,32	0,52	0,72	0,44
Gross Profit Margin	71,78 %	73,96 %	74,09 %	72,83 %