GEC EIENDOM AS

7014 TRONDHEIM

Finances

Return on Equity

349,27 %

Current Ratio

0,98

Debt-to-Equity Ratio

12,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 512 000	311 000	300 000	0
Net Income	6 912 000	975 000	176 000	−26 000
Total Assets	35 178 000	19 645 000	10 226 000	6 450 000
Total Equity	1 979 000	1 975 000	1 000 000	1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 512 000	311 000	300 000	0
Expenditure	1 950 000	1 977 000	83 000	119 000
Operating Profit	2 562 000	−1 666 000	217 000	−119 000
Financial Income	6 772 000	3 298 000	166 000	119 000
Financial Costs	472 000	382 000	157 000	33 000
Financial Balance	6 300 000	2 916 000	9 000	86 000
Earnings Before Tax	8 862 000	1 251 000	226 000	−33 000
Tax	1 950 000	275 000	50 000	−7 000
Net Income	6 912 000	975 000	176 000	−26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 053 000	16 300 000	10 051 000	4 849 000
Total Current Assets	9 126 000	3 345 000	175 000	1 601 000
Total Assets	35 178 000	19 645 000	10 226 000	6 450 000
Total Retained Equity	1 879 000	1 875 000	900 000	900 000
Total Equity	1 979 000	1 975 000	1 000 000	1 000 000
Total Long-Term Debt	23 900 000	15 300 000	9 000 000	0
Total Current Debt	9 299 000	2 369 000	226 000	5 450 000
Total Equity and Debt	35 178 000	19 645 000	10 226 000	6 450 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 512 000	311 000	300 000	0
Other Income	0	0	0	0
Revenue	4 512 000	311 000	300 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	11 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 950 000	1 977 000	83 000	119 000
Operating Profit	2 562 000	−1 666 000	217 000	−119 000
Financial Income	6 772 000	3 298 000	166 000	119 000
Financial Costs	472 000	382 000	157 000	33 000
Financial Balance	6 300 000	2 916 000	9 000	86 000
Dividends	684 000	0	0	3 547 000
Net Income	6 912 000	975 000	176 000	−26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 510 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 510 000	0	0	0
Total Fiancial Fixed Assets	23 542 000	16 300 000	10 051 000	4 849 000
Total Fixed Assets	26 053 000	16 300 000	10 051 000	4 849 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 616 000	345 000	172 000	1 601 000
Total Current Assets	9 126 000	3 345 000	175 000	1 601 000
Total Assets	35 178 000	19 645 000	10 226 000	6 450 000
Total Equity	1 979 000	1 975 000	1 000 000	1 000 000
Short-Term Group Debt	8 206 000	226 000	226 000	5 400 000
Total Long-Term Debt	23 900 000	15 300 000	9 000 000	0
Creditors	1 000	1 863 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	684 000	0	0	3 547 000
Other Current Debt	213 000	6 000	0	50 000
Total Current Debt	9 299 000	2 369 000	226 000	5 450 000
Total Equity and Debt	35 178 000	19 645 000	10 226 000	6 450 000

Financial indicators	2022	2021	2020	2019
Return on Equity	349,27 %	49,37 %	17,6 %	−2,6 %
Debt-to-Equity Ratio	12,08	7,75	9	0
Operating Profit Margin	56,78 %	−535,69 %	72,33 %	-
Current Ratio	0,98	1,41	0,77	0,29
Quick Ratio	0,98	1,41	0,77	0,29
Equity Ratio	0,06	0,1	0,1	0,16
Gross Profit Margin	100 %	100 %	100 %	-