GAT-SHIP AS

3920 PORSGRUNN

Finances

Share Ownership

Return on Equity

39,54 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 799 000	13 174 000	12 231 000	11 963 000
Net Income	2 199 000	1 739 000	2 292 000	3 245 000
Total Assets	12 205 000	10 806 000	10 646 000	11 216 000
Total Equity	5 561 000	5 562 000	5 823 000	5 531 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 799 000	13 174 000	12 231 000	11 963 000
Expenditure	12 303 000	10 879 000	9 238 000	7 927 000
Operating Profit	2 496 000	2 295 000	2 993 000	4 036 000
Financial Income	362 000	61 000	86 000	152 000
Financial Costs	33 000	127 000	139 000	28 000
Financial Balance	329 000	−66 000	−53 000	124 000
Earnings Before Tax	2 825 000	2 230 000	2 940 000	4 161 000
Tax	626 000	491 000	648 000	916 000
Net Income	2 199 000	1 739 000	2 292 000	3 245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	209 000	219 000	186 000	119 000
Total Current Assets	11 995 000	10 587 000	10 460 000	11 098 000
Total Assets	12 205 000	10 806 000	10 646 000	11 216 000
Total Retained Equity	5 461 000	5 462 000	5 723 000	5 431 000
Total Equity	5 561 000	5 562 000	5 823 000	5 531 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 643 000	5 244 000	4 823 000	5 685 000
Total Equity and Debt	12 205 000	10 806 000	10 646 000	11 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 799 000	13 174 000	12 231 000	11 963 000
Other Income	0	0	0	0
Revenue	14 799 000	13 174 000	12 231 000	11 963 000
Cost of Goods Sold	12 000	16 000	120 000	0
Salary Costs	10 301 000	9 028 000	7 646 000	6 610 000
Depreciation	111 000	106 000	88 000	73 000
Impairment	0	0	0	0
Expenditure	12 303 000	10 879 000	9 238 000	7 927 000
Operating Profit	2 496 000	2 295 000	2 993 000	4 036 000
Financial Income	362 000	61 000	86 000	152 000
Financial Costs	33 000	127 000	139 000	28 000
Financial Balance	329 000	−66 000	−53 000	124 000
Dividends	2 200 000	2 000 000	2 000 000	3 000 000
Net Income	2 199 000	1 739 000	2 292 000	3 245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	6 000	2 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	200 000	213 000	183 000	115 000
Total Tangible Assets	200 000	213 000	183 000	115 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	209 000	219 000	186 000	119 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 063 000	9 210 000	10 004 000	10 597 000
Total Current Assets	11 995 000	10 587 000	10 460 000	11 098 000
Total Assets	12 205 000	10 806 000	10 646 000	11 216 000
Total Equity	5 561 000	5 562 000	5 823 000	5 531 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	398 000	240 000	55 000	29 000
Unpaid Taxes	1 324 000	1 228 000	1 158 000	1 046 000
Dividends	2 200 000	2 000 000	2 000 000	3 000 000
Other Current Debt	4 291 000	3 282 000	2 964 000	3 692 000
Total Current Debt	6 643 000	5 244 000	4 823 000	5 685 000
Total Equity and Debt	12 205 000	10 806 000	10 646 000	11 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,54 %	31,27 %	39,36 %	58,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,87 %	17,42 %	24,47 %	33,74 %
Current Ratio	1,81	2,02	2,17	1,95
Quick Ratio	1,81	2,02	2,17	1,95
Equity Ratio	0,46	0,51	0,55	0,49
Gross Profit Margin	99,92 %	99,88 %	99,02 %	100 %