GI GI AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

−92,61 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 481 000	2 541 000	2 698 000	2 679 000
Net Income	−163 000	13 000	224 000	−1 000
Total Assets	505 000	653 000	717 000	545 000
Total Equity	176 000	339 000	326 000	102 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 481 000	2 541 000	2 698 000	2 679 000
Expenditure	2 774 000	2 526 000	2 405 000	2 661 000
Operating Profit	−206 000	15 000	294 000	16 000
Financial Income	0	4 000	0	0
Financial Costs	3 000	1 000	3 000	15 000
Financial Balance	−3 000	3 000	−3 000	−15 000
Earnings Before Tax	−208 000	18 000	290 000	2 000
Tax	−46 000	4 000	66 000	3 000
Net Income	−163 000	13 000	224 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	75 000	58 000	98 000	199 000
Total Current Assets	430 000	595 000	619 000	346 000
Total Assets	505 000	653 000	717 000	545 000
Total Retained Equity	76 000	239 000	226 000	2 000
Total Equity	176 000	339 000	326 000	102 000
Total Long-Term Debt	37 000	37 000	90 000	100 000
Total Current Debt	292 000	277 000	301 000	344 000
Total Equity and Debt	505 000	653 000	717 000	545 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 481 000	2 541 000	2 698 000	2 679 000
Other Income	0	0	0	0
Revenue	2 481 000	2 541 000	2 698 000	2 679 000
Cost of Goods Sold	1 617 000	1 459 000	1 466 000	1 585 000
Salary Costs	746 000	689 000	601 000	677 000
Depreciation	29 000	35 000	35 000	35 000
Impairment	0	0	0	0
Expenditure	2 774 000	2 526 000	2 405 000	2 661 000
Operating Profit	−206 000	15 000	294 000	16 000
Financial Income	0	4 000	0	0
Financial Costs	3 000	1 000	3 000	15 000
Financial Balance	−3 000	3 000	−3 000	−15 000
Dividends	0	0	0	0
Net Income	−163 000	13 000	224 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	29 000	33 000	99 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	29 000	65 000	100 000
Total Tangible Assets	0	29 000	65 000	100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	75 000	58 000	98 000	199 000
Stock	385 000	296 000	293 000	302 000
Total Investments	0	0	0	0
Cash, Bank	32 000	279 000	311 000	30 000
Total Current Assets	430 000	595 000	619 000	346 000
Total Assets	505 000	653 000	717 000	545 000
Total Equity	176 000	339 000	326 000	102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	37 000	37 000	90 000	100 000
Creditors	64 000	126 000	135 000	112 000
Unpaid Taxes	103 000	77 000	104 000	101 000
Dividends	0	0	0	0
Other Current Debt	84 000	74 000	62 000	68 000
Total Current Debt	292 000	277 000	301 000	344 000
Total Equity and Debt	505 000	653 000	717 000	545 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−92,61 %	3,83 %	68,71 %	−0,98 %
Debt-to-Equity Ratio	0,21	0,11	0,28	0,98
Operating Profit Margin	−8,3 %	0,59 %	10,9 %	0,6 %
Current Ratio	1,47	2,15	2,06	1,01
Quick Ratio	−4,62	−31,32	77,38	8,24
Equity Ratio	0,35	0,52	0,45	0,19
Gross Profit Margin	34,82 %	42,58 %	45,66 %	40,84 %