GIOTTO AS

0374 OSLO

Finances

Return on Equity

75,53 %

Current Ratio

3,04

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 131 000	42 060 000	5 196 000	661 000
Net Income	23 828 000	16 077 000	3 961 000	−208 000
Total Assets	60 100 000	43 078 000	25 503 000	26 202 000
Total Equity	31 549 000	22 733 000	15 181 000	20 520 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 131 000	42 060 000	5 196 000	661 000
Expenditure	27 457 000	25 458 000	932 000	667 000
Operating Profit	24 674 000	16 602 000	4 264 000	−6 000
Financial Income	0	80 000	1 000	0
Financial Costs	775 000	432 000	15 000	8 000
Financial Balance	−775 000	−352 000	−14 000	−8 000
Earnings Before Tax	23 899 000	16 251 000	4 250 000	−14 000
Tax	71 000	174 000	290 000	194 000
Net Income	23 828 000	16 077 000	3 961 000	−208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 770 000	4 976 000	20 048 000	26 060 000
Total Current Assets	56 330 000	38 102 000	5 455 000	142 000
Total Assets	60 100 000	43 078 000	25 503 000	26 202 000
Total Retained Equity	26 616 000	17 800 000	10 248 000	15 588 000
Total Equity	31 549 000	22 733 000	15 181 000	20 520 000
Total Long-Term Debt	10 000 000	9 845 000	0	0
Total Current Debt	18 551 000	10 500 000	10 322 000	5 681 000
Total Equity and Debt	60 100 000	43 078 000	25 503 000	26 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	52 131 000	42 060 000	5 196 000	661 000
Revenue	52 131 000	42 060 000	5 196 000	661 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 457 000	25 458 000	932 000	667 000
Operating Profit	24 674 000	16 602 000	4 264 000	−6 000
Financial Income	0	80 000	1 000	0
Financial Costs	775 000	432 000	15 000	8 000
Financial Balance	−775 000	−352 000	−14 000	−8 000
Dividends	15 013 000	8 525 000	9 300 000	5 763 000
Net Income	23 828 000	16 077 000	3 961 000	−208 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 770 000	4 976 000	20 048 000	26 060 000
Total Fixed Assets	3 770 000	4 976 000	20 048 000	26 060 000
Stock	0	0	0	0
Total Investments	56 130 000	38 101 000	5 011 000	94 000
Cash, Bank	199 000	1 000	15 000	48 000
Total Current Assets	56 330 000	38 102 000	5 455 000	142 000
Total Assets	60 100 000	43 078 000	25 503 000	26 202 000
Total Equity	31 549 000	22 733 000	15 181 000	20 520 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000 000	9 845 000	0	0
Creditors	0	0	−2 000	21 000
Unpaid Taxes	0	0	0	0
Dividends	15 013 000	8 525 000	9 300 000	5 763 000
Other Current Debt	8 468 000	1 800 000	735 000	904 000
Total Current Debt	18 551 000	10 500 000	10 322 000	5 681 000
Total Equity and Debt	60 100 000	43 078 000	25 503 000	26 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,53 %	70,72 %	26,09 %	−1,01 %
Debt-to-Equity Ratio	0,32	0,43	0	0
Operating Profit Margin	47,33 %	39,47 %	82,06 %	−0,91 %
Current Ratio	3,04	3,63	0,53	0,02
Quick Ratio	3,04	3,63	0,53	0,02
Equity Ratio	0,52	0,53	0,6	0,78
Gross Profit Margin	100 %	100 %	100 %	100 %