GALLERI VESTERÅLEN AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

21,07 %

Current Ratio

0,9

Debt-to-Equity Ratio

2,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 632 000	1 442 000	1 580 000	1 387 000
Net Income	118 000	−97 000	110 000	−29 000
Total Assets	2 560 000	2 130 000	2 569 000	2 560 000
Total Equity	560 000	442 000	437 000	327 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 632 000	1 442 000	1 580 000	1 387 000
Expenditure	1 407 000	1 446 000	1 278 000	1 386 000
Operating Profit	225 000	−4 000	224 000	46 000
Financial Income	0	0	0	0
Financial Costs	73 000	69 000	75 000	75 000
Financial Balance	−73 000	−69 000	−75 000	−75 000
Earnings Before Tax	152 000	−73 000	149 000	−29 000
Tax	33 000	24 000	39 000	0
Net Income	118 000	−97 000	110 000	−29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 791 000	1 860 000	1 813 000	1 762 000
Total Current Assets	769 000	270 000	756 000	797 000
Total Assets	2 560 000	2 130 000	2 569 000	2 560 000
Total Retained Equity	460 000	342 000	337 000	227 000
Total Equity	560 000	442 000	437 000	327 000
Total Long-Term Debt	1 145 000	1 204 000	1 317 000	1 398 000
Total Current Debt	854 000	484 000	815 000	835 000
Total Equity and Debt	2 560 000	2 130 000	2 569 000	2 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 632 000	1 442 000	1 580 000	1 387 000
Other Income	0	0	0	0
Revenue	1 632 000	1 442 000	1 580 000	1 387 000
Cost of Goods Sold	170 000	455 000	353 000	275 000
Salary Costs	838 000	531 000	439 000	600 000
Depreciation	60 000	19 000	49 000	36 000
Impairment	0	0	0	0
Expenditure	1 407 000	1 446 000	1 278 000	1 386 000
Operating Profit	225 000	−4 000	224 000	46 000
Financial Income	0	0	0	0
Financial Costs	73 000	69 000	75 000	75 000
Financial Balance	−73 000	−69 000	−75 000	−75 000
Dividends	0	0	0	0
Net Income	118 000	−97 000	110 000	−29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	9 000	0	2 000
Real Eastate	1 641 000	1 681 000	1 625 000	1 661 000
Machinery and Plant Facilities	0	170 000	0	0
Fixtures	150 000	0	188 000	100 000
Total Tangible Assets	1 791 000	1 851 000	1 813 000	1 761 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 791 000	1 860 000	1 813 000	1 762 000
Stock	205 000	90 000	182 000	261 000
Total Investments	0	0	0	0
Cash, Bank	500 000	225 000	404 000	435 000
Total Current Assets	769 000	270 000	756 000	797 000
Total Assets	2 560 000	2 130 000	2 569 000	2 560 000
Total Equity	560 000	442 000	437 000	327 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 145 000	1 204 000	1 317 000	1 398 000
Creditors	254 000	53 000	239 000	345 000
Unpaid Taxes	217 000	183 000	214 000	212 000
Dividends	0	0	0	0
Other Current Debt	382 000	248 000	332 000	276 000
Total Current Debt	854 000	484 000	815 000	835 000
Total Equity and Debt	2 560 000	2 130 000	2 569 000	2 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,07 %	−21,95 %	25,17 %	−8,87 %
Debt-to-Equity Ratio	2,04	2,72	3,01	4,28
Operating Profit Margin	13,79 %	−0,28 %	14,18 %	3,32 %
Current Ratio	0,9	0,56	0,93	0,95
Quick Ratio	1,18	0,69	1,19	1,39
Equity Ratio	0,22	0,21	0,17	0,13
Gross Profit Margin	89,58 %	68,45 %	77,66 %	80,17 %