GEARCONSULT AS

0753 OSLO

Finances

Share Ownership

Return on Equity

18,93 %

Current Ratio

2,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 277 000	7 515 000	8 357 000	7 459 000
Net Income	396 000	−248 000	161 000	163 000
Total Assets	3 591 000	2 172 000	3 113 000	2 568 000
Total Equity	2 092 000	1 732 000	1 981 000	1 819 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 277 000	7 515 000	8 357 000	7 459 000
Expenditure	8 900 000	7 795 000	7 899 000	7 191 000
Operating Profit	378 000	−279 000	459 000	268 000
Financial Income	167 000	57 000	22 000	7 000
Financial Costs	114 000	29 000	249 000	53 000
Financial Balance	53 000	28 000	−227 000	−46 000
Earnings Before Tax	431 000	−251 000	233 000	222 000
Tax	35 000	−3 000	72 000	59 000
Net Income	396 000	−248 000	161 000	163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	6 000	13 000	22 000
Total Current Assets	3 589 000	2 166 000	3 099 000	2 546 000
Total Assets	3 591 000	2 172 000	3 113 000	2 568 000
Total Retained Equity	1 887 000	1 528 000	1 776 000	1 615 000
Total Equity	2 092 000	1 732 000	1 981 000	1 819 000
Total Long-Term Debt	1 000	0	3 000	5 000
Total Current Debt	1 499 000	440 000	1 129 000	744 000
Total Equity and Debt	3 591 000	2 172 000	3 113 000	2 568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 277 000	7 515 000	8 357 000	7 459 000
Other Income	0	0	0	0
Revenue	9 277 000	7 515 000	8 357 000	7 459 000
Cost of Goods Sold	6 138 000	5 223 000	5 271 000	4 321 000
Salary Costs	1 893 000	1 877 000	2 059 000	2 040 000
Depreciation	3 000	7 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	8 900 000	7 795 000	7 899 000	7 191 000
Operating Profit	378 000	−279 000	459 000	268 000
Financial Income	167 000	57 000	22 000	7 000
Financial Costs	114 000	29 000	249 000	53 000
Financial Balance	53 000	28 000	−227 000	−46 000
Dividends	36 000	0	0	0
Net Income	396 000	−248 000	161 000	163 000

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	3 000	6 000	13 000	22 000
Total Tangible Assets	3 000	6 000	13 000	22 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	6 000	13 000	22 000
Stock	66 000	77 000	93 000	78 000
Total Investments	0	0	0	0
Cash, Bank	1 654 000	1 841 000	2 142 000	1 792 000
Total Current Assets	3 589 000	2 166 000	3 099 000	2 546 000
Total Assets	3 591 000	2 172 000	3 113 000	2 568 000
Total Equity	2 092 000	1 732 000	1 981 000	1 819 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	3 000	5 000
Creditors	791 000	160 000	652 000	229 000
Unpaid Taxes	454 000	102 000	180 000	240 000
Dividends	36 000	0	0	0
Other Current Debt	183 000	177 000	223 000	220 000
Total Current Debt	1 499 000	440 000	1 129 000	744 000
Total Equity and Debt	3 591 000	2 172 000	3 113 000	2 568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,93 %	−14,32 %	8,13 %	8,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,07 %	−3,71 %	5,49 %	3,59 %
Current Ratio	2,39	4,92	2,74	3,42
Quick Ratio	2,5	5,97	2,99	3,82
Equity Ratio	0,58	0,8	0,64	0,71
Gross Profit Margin	33,84 %	30,5 %	36,93 %	42,07 %