GFE AS

8416 SORTLAND

Finances

Share Ownership

Return on Equity

−58,54 %

Current Ratio

0,65

Debt-to-Equity Ratio

1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 121 000	5 876 000	1 686 000	6 032 000
Net Income	−312 000	204 000	−299 000	25 000
Total Assets	2 451 000	2 325 000	1 869 000	2 514 000
Total Equity	533 000	845 000	642 000	941 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 121 000	5 876 000	1 686 000	6 032 000
Expenditure	4 536 000	5 542 000	2 033 000	5 953 000
Operating Profit	−336 000	335 000	−347 000	78 000
Financial Income	0	0	0	1 000
Financial Costs	64 000	73 000	37 000	40 000
Financial Balance	−64 000	−73 000	−37 000	−39 000
Earnings Before Tax	−401 000	261 000	−383 000	39 000
Tax	−88 000	58 000	−84 000	14 000
Net Income	−312 000	204 000	−299 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 570 000	1 020 000	867 000	871 000
Total Current Assets	881 000	1 306 000	1 001 000	1 643 000
Total Assets	2 451 000	2 325 000	1 869 000	2 514 000
Total Retained Equity	433 000	745 000	542 000	841 000
Total Equity	533 000	845 000	642 000	941 000
Total Long-Term Debt	560 000	328 000	368 000	405 000
Total Current Debt	1 358 000	1 152 000	859 000	1 169 000
Total Equity and Debt	2 451 000	2 325 000	1 869 000	2 514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 121 000	5 769 000	1 408 000	5 970 000
Other Income	0	107 000	278 000	62 000
Revenue	4 121 000	5 876 000	1 686 000	6 032 000
Cost of Goods Sold	1 021 000	2 747 000	254 000	1 203 000
Salary Costs	755 000	293 000	−274 000	1 519 000
Depreciation	147 000	82 000	88 000	142 000
Impairment	0	0	0	0
Expenditure	4 536 000	5 542 000	2 033 000	5 953 000
Operating Profit	−336 000	335 000	−347 000	78 000
Financial Income	0	0	0	1 000
Financial Costs	64 000	73 000	37 000	40 000
Financial Balance	−64 000	−73 000	−37 000	−39 000
Dividends	0	0	0	0
Net Income	−312 000	204 000	−299 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	607 000	519 000	576 000	492 000
Real Eastate	126 000	136 000	146 000	155 000
Machinery and Plant Facilities	0	29 000	58 000	103 000
Fixtures	837 000	325 000	65 000	98 000
Total Tangible Assets	963 000	490 000	268 000	356 000
Total Fiancial Fixed Assets	0	11 000	23 000	23 000
Total Fixed Assets	1 570 000	1 020 000	867 000	871 000
Stock	156 000	76 000	125 000	77 000
Total Investments	0	0	0	0
Cash, Bank	312 000	373 000	23 000	292 000
Total Current Assets	881 000	1 306 000	1 001 000	1 643 000
Total Assets	2 451 000	2 325 000	1 869 000	2 514 000
Total Equity	533 000	845 000	642 000	941 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	560 000	328 000	368 000	405 000
Creditors	745 000	555 000	677 000	283 000
Unpaid Taxes	88 000	59 000	10 000	27 000
Dividends	0	0	0	0
Other Current Debt	525 000	537 000	172 000	859 000
Total Current Debt	1 358 000	1 152 000	859 000	1 169 000
Total Equity and Debt	2 451 000	2 325 000	1 869 000	2 514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,54 %	24,14 %	−46,57 %	2,66 %
Debt-to-Equity Ratio	1,05	0,39	0,57	0,43
Operating Profit Margin	−8,15 %	5,7 %	−20,58 %	1,29 %
Current Ratio	0,65	1,13	1,17	1,41
Quick Ratio	0,73	1,21	1,36	1,5
Equity Ratio	0,22	0,36	0,34	0,37
Gross Profit Margin	75,22 %	53,25 %	84,93 %	80,06 %