GODESET EIENDOM AS

4034 STAVANGER

Finances

Share Ownership

Return on Equity

5,9 %

Current Ratio

3,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	273 000	255 000	254 000	242 000
Net Income	52 000	42 000	47 000	17 000
Total Assets	994 000	1 041 000	1 302 000	1 304 000
Total Equity	882 000	881 000	881 000	1 102 000

Income (NOK)	2022	2021	2020	2019
Revenue	273 000	255 000	254 000	242 000
Expenditure	208 000	202 000	195 000	222 000
Operating Profit	66 000	54 000	59 000	20 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	2 000
Earnings Before Tax	66 000	54 000	60 000	22 000
Tax	15 000	12 000	13 000	5 000
Net Income	52 000	42 000	47 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	585 000	605 000	626 000	648 000
Total Current Assets	409 000	436 000	676 000	656 000
Total Assets	994 000	1 041 000	1 302 000	1 304 000
Total Retained Equity	462 000	462 000	462 000	683 000
Total Equity	882 000	881 000	881 000	1 102 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	113 000	160 000	421 000	202 000
Total Equity and Debt	994 000	1 041 000	1 302 000	1 304 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	273 000	255 000	254 000	242 000
Other Income	0	0	0	0
Revenue	273 000	255 000	254 000	242 000
Cost of Goods Sold	0	0	0	0
Salary Costs	114 000	114 000	114 000	130 000
Depreciation	20 000	21 000	22 000	24 000
Impairment	0	0	0	0
Expenditure	208 000	202 000	195 000	222 000
Operating Profit	66 000	54 000	59 000	20 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	2 000
Dividends	0	0	0	0
Net Income	52 000	42 000	47 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	585 000	605 000	626 000	648 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	585 000	605 000	626 000	648 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	585 000	605 000	626 000	648 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	400 000	436 000	395 000	374 000
Total Current Assets	409 000	436 000	676 000	656 000
Total Assets	994 000	1 041 000	1 302 000	1 304 000
Total Equity	882 000	881 000	881 000	1 102 000
Short-Term Group Debt	20 000	54 000	281 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	21 000	5 000	0
Unpaid Taxes	55 000	49 000	100 000	89 000
Dividends	0	0	0	0
Other Current Debt	37 000	36 000	35 000	109 000
Total Current Debt	113 000	160 000	421 000	202 000
Total Equity and Debt	994 000	1 041 000	1 302 000	1 304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,9 %	4,77 %	5,33 %	1,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,18 %	21,18 %	23,23 %	8,26 %
Current Ratio	3,62	2,73	1,61	3,25
Quick Ratio	3,62	2,73	1,61	3,25
Equity Ratio	0,89	0,85	0,68	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %