GITARISTEN AS

4631 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

9,54 %

Current Ratio

6,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	232 000	134 000	34 000	128 000
Net Income	23 000	23 000	−39 000	125 000
Total Assets	284 000	229 000	206 000	443 000
Total Equity	241 000	219 000	196 000	234 000

Income (NOK)	2022	2021	2020	2019
Revenue	232 000	134 000	34 000	128 000
Expenditure	185 000	131 000	94 000	113 000
Operating Profit	47 000	3 000	−60 000	15 000
Financial Income	0	10 000	85 000	113 000
Financial Costs	14 000	0	77 000	0
Financial Balance	−14 000	10 000	8 000	113 000
Earnings Before Tax	33 000	13 000	−51 000	128 000
Tax	10 000	−10 000	−13 000	3 000
Net Income	23 000	23 000	−39 000	125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	16 000	20 000	7 000
Total Current Assets	279 000	213 000	186 000	435 000
Total Assets	284 000	229 000	206 000	443 000
Total Retained Equity	141 000	119 000	96 000	134 000
Total Equity	241 000	219 000	196 000	234 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	43 000	10 000	11 000	208 000
Total Equity and Debt	284 000	229 000	206 000	443 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	232 000	134 000	34 000	128 000
Other Income	0	0	0	0
Revenue	232 000	134 000	34 000	128 000
Cost of Goods Sold	2 000	0	5 000	6 000
Salary Costs	58 000	0	1 000	1 000
Depreciation	0	0	0	9 000
Impairment	0	0	0	0
Expenditure	185 000	131 000	94 000	113 000
Operating Profit	47 000	3 000	−60 000	15 000
Financial Income	0	10 000	85 000	113 000
Financial Costs	14 000	0	77 000	0
Financial Balance	−14 000	10 000	8 000	113 000
Dividends	0	0	0	170 000
Net Income	23 000	23 000	−39 000	125 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	16 000	20 000	7 000
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	0	0	0	0
Total Fixed Assets	6 000	16 000	20 000	7 000
Stock	0	0	0	0
Total Investments	130 000	94 000	84 000	402 000
Cash, Bank	149 000	113 000	102 000	27 000
Total Current Assets	279 000	213 000	186 000	435 000
Total Assets	284 000	229 000	206 000	443 000
Total Equity	241 000	219 000	196 000	234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	5 000
Unpaid Taxes	33 000	0	1 000	1 000
Dividends	0	0	0	170 000
Other Current Debt	10 000	10 000	10 000	29 000
Total Current Debt	43 000	10 000	11 000	208 000
Total Equity and Debt	284 000	229 000	206 000	443 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,54 %	10,5 %	−19,9 %	53,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,26 %	2,24 %	−176,47 %	11,72 %
Current Ratio	6,49	21,3	16,91	2,09
Quick Ratio	6,49	21,3	16,91	2,09
Equity Ratio	0,85	0,96	0,95	0,53
Gross Profit Margin	99,14 %	100 %	85,29 %	95,31 %