GAZELLE DEVELOPMENT AS

3031 DRAMMEN

Finances

Return on Equity

90,37 %

Current Ratio

1,47

Debt-to-Equity Ratio

1,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	616 000	624 000	562 000	299 000
Net Income	441 000	230 000	586 000	72 000
Total Assets	3 795 000	4 704 000	5 493 000	5 016 000
Total Equity	488 000	−95 000	−168 000	−694 000

Income (NOK)	2022	2021	2020	2019
Revenue	616 000	624 000	562 000	299 000
Expenditure	480 000	446 000	471 000	496 000
Operating Profit	137 000	177 000	90 000	−198 000
Financial Income	304 000	0	444 000	270 000
Financial Costs	0	104 000	7 000	0
Financial Balance	304 000	−104 000	437 000	270 000
Earnings Before Tax	441 000	73 000	527 000	72 000
Tax	0	−157 000	−59 000	0
Net Income	441 000	230 000	586 000	72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	226 000	3 352 000	3 690 000	4 027 000
Total Current Assets	3 569 000	1 352 000	1 803 000	989 000
Total Assets	3 795 000	4 704 000	5 493 000	5 016 000
Total Retained Equity	315 000	−268 000	−341 000	−867 000
Total Equity	488 000	−95 000	−168 000	−694 000
Total Long-Term Debt	880 000	970 000	1 190 000	690 000
Total Current Debt	2 427 000	3 828 000	4 471 000	5 020 000
Total Equity and Debt	3 795 000	4 704 000	5 493 000	5 016 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	616 000	624 000	562 000	299 000
Other Income	0	0	0	0
Revenue	616 000	624 000	562 000	299 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	1 000
Depreciation	9 000	0	0	0
Impairment	424 000	337 000	337 000	337 000
Expenditure	480 000	446 000	471 000	496 000
Operating Profit	137 000	177 000	90 000	−198 000
Financial Income	304 000	0	444 000	270 000
Financial Costs	0	104 000	7 000	0
Financial Balance	304 000	−104 000	437 000	270 000
Dividends	0	0	0	0
Net Income	441 000	230 000	586 000	72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	337 000	675 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 000	0	0	0
Total Tangible Assets	36 000	0	0	0
Total Fiancial Fixed Assets	190 000	3 352 000	3 352 000	3 352 000
Total Fixed Assets	226 000	3 352 000	3 690 000	4 027 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	230 000	608 000	316 000
Total Current Assets	3 569 000	1 352 000	1 803 000	989 000
Total Assets	3 795 000	4 704 000	5 493 000	5 016 000
Total Equity	488 000	−95 000	−168 000	−694 000
Short-Term Group Debt	0	0	0	4 936 000
Total Long-Term Debt	880 000	970 000	1 190 000	690 000
Creditors	1 000	71 000	96 000	84 000
Unpaid Taxes	147 000	0	140 000	0
Dividends	0	0	0	0
Other Current Debt	2 279 000	3 757 000	4 234 000	0
Total Current Debt	2 427 000	3 828 000	4 471 000	5 020 000
Total Equity and Debt	3 795 000	4 704 000	5 493 000	5 016 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,37 %	−242,11 %	−348,81 %	−10,37 %
Debt-to-Equity Ratio	1,8	−10,21	−7,08	−0,99
Operating Profit Margin	22,24 %	28,37 %	16,01 %	−66,22 %
Current Ratio	1,47	0,35	0,4	0,2
Quick Ratio	1,47	0,35	0,4	0,2
Equity Ratio	0,13	−0,02	−0,03	−0,14
Gross Profit Margin	100 %	100 %	100 %	100 %