GANTECH AS

5174 MATHOPEN

Finances

Return on Equity

−2 %

Current Ratio

476,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	447 000	679 000	1 991 000	651 000
Net Income	−478 000	1 287 000	1 619 000	806 000
Total Assets	23 930 000	26 718 000	28 595 000	27 145 000
Total Equity	23 897 000	25 157 000	28 116 000	26 737 000

Income (NOK)	2022	2021	2020	2019
Revenue	447 000	679 000	1 991 000	651 000
Expenditure	132 000	1 226 000	1 662 000	1 725 000
Operating Profit	315 000	−547 000	329 000	−1 073 000
Financial Income	68 000	2 437 000	1 315 000	1 529 000
Financial Costs	861 000	603 000	26 000	−351 000
Financial Balance	−793 000	1 834 000	1 289 000	1 880 000
Earnings Before Tax	−478 000	1 287 000	1 619 000	806 000
Tax	0	0	0	0
Net Income	−478 000	1 287 000	1 619 000	806 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 694 000	8 744 000	15 487 000	17 407 000
Total Current Assets	15 236 000	17 974 000	13 108 000	9 738 000
Total Assets	23 930 000	26 718 000	28 595 000	27 145 000
Total Retained Equity	23 297 000	24 557 000	27 516 000	26 137 000
Total Equity	23 897 000	25 157 000	28 116 000	26 737 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	32 000	1 560 000	479 000	408 000
Total Equity and Debt	23 930 000	26 718 000	28 595 000	27 145 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	447 000	679 000	1 089 000	587 000
Other Income	0	0	902 000	64 000
Revenue	447 000	679 000	1 991 000	651 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	643 000	970 000	886 000
Depreciation	16 000	16 000	16 000	15 000
Impairment	0	0	0	0
Expenditure	132 000	1 226 000	1 662 000	1 725 000
Operating Profit	315 000	−547 000	329 000	−1 073 000
Financial Income	68 000	2 437 000	1 315 000	1 529 000
Financial Costs	861 000	603 000	26 000	−351 000
Financial Balance	−793 000	1 834 000	1 289 000	1 880 000
Dividends	782 000	4 356 000	240 000	376 000
Net Income	−478 000	1 287 000	1 619 000	806 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 517 000	3 517 000	3 517 000	5 277 000
Machinery and Plant Facilities	14 000	30 000	46 000	62 000
Fixtures	0	0	0	0
Total Tangible Assets	3 531 000	3 547 000	3 563 000	5 339 000
Total Fiancial Fixed Assets	5 163 000	5 197 000	11 924 000	12 068 000
Total Fixed Assets	8 694 000	8 744 000	15 487 000	17 407 000
Stock	0	0	0	0
Total Investments	6 938 000	4 797 000	8 622 000	9 535 000
Cash, Bank	7 566 000	13 101 000	4 211 000	192 000
Total Current Assets	15 236 000	17 974 000	13 108 000	9 738 000
Total Assets	23 930 000	26 718 000	28 595 000	27 145 000
Total Equity	23 897 000	25 157 000	28 116 000	26 737 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	32 000	4 000	18 000	14 000
Unpaid Taxes	0	25 000	117 000	78 000
Dividends	782 000	4 356 000	240 000	376 000
Other Current Debt	0	76 000	103 000	111 000
Total Current Debt	32 000	1 560 000	479 000	408 000
Total Equity and Debt	23 930 000	26 718 000	28 595 000	27 145 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 %	5,12 %	5,76 %	3,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	70,47 %	−80,56 %	16,52 %	−164,82 %
Current Ratio	476,13	11,52	27,37	23,87
Quick Ratio	476,13	11,52	27,37	23,87
Equity Ratio	1	0,94	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %