GODFOTEN AS

5081 BERGEN

Finances

Share Ownership

Return on Equity

4,95 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 223 000	3 338 000	2 336 000	2 270 000
Net Income	26 000	36 000	309 000	94 000
Total Assets	1 671 000	952 000	628 000	289 000
Total Equity	525 000	499 000	463 000	153 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 223 000	3 338 000	2 336 000	2 270 000
Expenditure	4 125 000	3 302 000	1 933 000	2 139 000
Operating Profit	97 000	35 000	404 000	131 000
Financial Income	2 000	1 000	0	0
Financial Costs	31 000	12 000	8 000	7 000
Financial Balance	−29 000	−11 000	−8 000	−7 000
Earnings Before Tax	68 000	24 000	397 000	124 000
Tax	41 000	−12 000	87 000	30 000
Net Income	26 000	36 000	309 000	94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	421 000	329 000	33 000	−5 000
Total Current Assets	1 250 000	623 000	595 000	294 000
Total Assets	1 671 000	952 000	628 000	289 000
Total Retained Equity	325 000	302 000	266 000	−44 000
Total Equity	525 000	499 000	463 000	153 000
Total Long-Term Debt	309 000	282 000	113 000	45 000
Total Current Debt	836 000	171 000	52 000	91 000
Total Equity and Debt	1 671 000	952 000	628 000	289 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 223 000	3 338 000	2 312 000	2 270 000
Other Income	0	0	23 000	0
Revenue	4 223 000	3 338 000	2 336 000	2 270 000
Cost of Goods Sold	63 000	131 000	68 000	23 000
Salary Costs	827 000	654 000	285 000	557 000
Depreciation	48 000	26 000	2 000	0
Impairment	0	0	0	0
Expenditure	4 125 000	3 302 000	1 933 000	2 139 000
Operating Profit	97 000	35 000	404 000	131 000
Financial Income	2 000	1 000	0	0
Financial Costs	31 000	12 000	8 000	7 000
Financial Balance	−29 000	−11 000	−8 000	−7 000
Dividends	0	0	0	0
Net Income	26 000	36 000	309 000	94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	22 000	30 000	37 000	0
Fixtures	188 000	89 000	0	0
Total Tangible Assets	210 000	118 000	37 000	0
Total Fiancial Fixed Assets	211 000	211 000	−5 000	−5 000
Total Fixed Assets	421 000	329 000	33 000	−5 000
Stock	85 000	49 000	64 000	64 000
Total Investments	0	0	0	0
Cash, Bank	390 000	204 000	234 000	70 000
Total Current Assets	1 250 000	623 000	595 000	294 000
Total Assets	1 671 000	952 000	628 000	289 000
Total Equity	525 000	499 000	463 000	153 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	309 000	282 000	113 000	45 000
Creditors	0	−46 000	−128 000	−103 000
Unpaid Taxes	23 000	−27 000	26 000	26 000
Dividends	0	0	0	0
Other Current Debt	754 000	213 000	36 000	138 000
Total Current Debt	836 000	171 000	52 000	91 000
Total Equity and Debt	1 671 000	952 000	628 000	289 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,95 %	7,21 %	66,74 %	61,44 %
Debt-to-Equity Ratio	0,59	0,57	0,24	0,29
Operating Profit Margin	2,3 %	1,05 %	17,29 %	5,77 %
Current Ratio	1,5	3,64	11,44	3,23
Quick Ratio	1,66	5,11	−49,58	10,89
Equity Ratio	0,31	0,52	0,74	0,53
Gross Profit Margin	98,51 %	96,08 %	97,09 %	98,99 %