G-TEK AS

5262 ARNATVEIT

Finances

Return on Equity

29,26 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 221 000	5 001 000	4 869 000	5 174 000
Net Income	407 000	26 000	315 000	−185 000
Total Assets	2 563 000	2 096 000	2 089 000	2 067 000
Total Equity	1 391 000	984 000	958 000	643 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 221 000	5 001 000	4 869 000	5 174 000
Expenditure	4 687 000	4 954 000	4 493 000	5 349 000
Operating Profit	534 000	47 000	375 000	−176 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	9 000	8 000	10 000	17 000
Financial Balance	−7 000	−7 000	−9 000	−16 000
Earnings Before Tax	526 000	39 000	366 000	−192 000
Tax	120 000	13 000	50 000	−8 000
Net Income	407 000	26 000	315 000	−185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	244 000	217 000	267 000
Total Current Assets	2 369 000	1 852 000	1 872 000	1 800 000
Total Assets	2 563 000	2 096 000	2 089 000	2 067 000
Total Retained Equity	1 291 000	884 000	858 000	543 000
Total Equity	1 391 000	984 000	958 000	643 000
Total Long-Term Debt	119 000	142 000	165 000	187 000
Total Current Debt	1 053 000	969 000	965 000	1 238 000
Total Equity and Debt	2 563 000	2 096 000	2 089 000	2 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 221 000	5 001 000	4 869 000	5 174 000
Other Income	0	0	0	0
Revenue	5 221 000	5 001 000	4 869 000	5 174 000
Cost of Goods Sold	3 444 000	3 406 000	3 002 000	3 737 000
Salary Costs	783 000	1 102 000	1 096 000	1 098 000
Depreciation	56 000	52 000	50 000	74 000
Impairment	0	0	0	0
Expenditure	4 687 000	4 954 000	4 493 000	5 349 000
Operating Profit	534 000	47 000	375 000	−176 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	9 000	8 000	10 000	17 000
Financial Balance	−7 000	−7 000	−9 000	−16 000
Dividends	0	0	0	0
Net Income	407 000	26 000	315 000	−185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	54 000	54 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	67 000	117 000	168 000	218 000
Total Tangible Assets	67 000	117 000	168 000	218 000
Total Fiancial Fixed Assets	73 000	73 000	49 000	49 000
Total Fixed Assets	195 000	244 000	217 000	267 000
Stock	329 000	226 000	217 000	245 000
Total Investments	0	0	0	0
Cash, Bank	1 185 000	755 000	773 000	695 000
Total Current Assets	2 369 000	1 852 000	1 872 000	1 800 000
Total Assets	2 563 000	2 096 000	2 089 000	2 067 000
Total Equity	1 391 000	984 000	958 000	643 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	119 000	142 000	165 000	187 000
Creditors	690 000	691 000	668 000	817 000
Unpaid Taxes	127 000	147 000	132 000	177 000
Dividends	0	0	0	0
Other Current Debt	117 000	117 000	114 000	244 000
Total Current Debt	1 053 000	969 000	965 000	1 238 000
Total Equity and Debt	2 563 000	2 096 000	2 089 000	2 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,26 %	2,64 %	32,88 %	−28,77 %
Debt-to-Equity Ratio	0,09	0,14	0,17	0,29
Operating Profit Margin	10,23 %	0,94 %	7,7 %	−3,4 %
Current Ratio	2,25	1,91	1,94	1,45
Quick Ratio	3,27	2,49	2,5	1,81
Equity Ratio	0,54	0,47	0,46	0,31
Gross Profit Margin	34,04 %	31,89 %	38,34 %	27,77 %