GELATHO AS

7012 TRONDHEIM

Finances

Return on Equity

106,72 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	639 000	629 000	585 000	1 773 000
Net Income	37 795 000	−1 192 000	8 001 000	42 383 000
Total Assets	85 659 000	68 268 000	77 748 000	103 944 000
Total Equity	35 416 000	57 617 000	69 274 000	69 574 000

Income (NOK)	2022	2021	2020	2019
Revenue	639 000	629 000	585 000	1 773 000
Expenditure	2 361 000	2 347 000	2 280 000	2 001 000
Operating Profit	−1 722 000	−1 717 000	−1 696 000	−229 000
Financial Income	39 592 000	186 000	9 523 000	43 259 000
Financial Costs	0	0	35 000	196 000
Financial Balance	39 592 000	186 000	9 488 000	43 063 000
Earnings Before Tax	37 870 000	−1 531 000	7 792 000	42 834 000
Tax	75 000	−339 000	−209 000	451 000
Net Income	37 795 000	−1 192 000	8 001 000	42 383 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 365 000	26 209 000	26 587 000	21 367 000
Total Current Assets	60 294 000	42 059 000	51 161 000	82 576 000
Total Assets	85 659 000	68 268 000	77 748 000	103 944 000
Total Retained Equity	30 829 000	53 030 000	64 687 000	64 987 000
Total Equity	35 416 000	57 617 000	69 274 000	69 574 000
Total Long-Term Debt	0	0	0	4 168 000
Total Current Debt	50 242 000	10 651 000	8 474 000	30 202 000
Total Equity and Debt	85 659 000	68 268 000	77 748 000	103 944 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	10 000
Other Income	639 000	629 000	585 000	1 763 000
Revenue	639 000	629 000	585 000	1 773 000
Cost of Goods Sold	0	0	0	0
Salary Costs	923 000	921 000	912 000	921 000
Depreciation	717 000	717 000	679 000	603 000
Impairment	0	0	0	0
Expenditure	2 361 000	2 347 000	2 280 000	2 001 000
Operating Profit	−1 722 000	−1 717 000	−1 696 000	−229 000
Financial Income	39 592 000	186 000	9 523 000	43 259 000
Financial Costs	0	0	35 000	196 000
Financial Balance	39 592 000	186 000	9 488 000	43 063 000
Dividends	59 996 000	10 465 000	8 300 000	30 000 000
Net Income	37 795 000	−1 192 000	8 001 000	42 383 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	838 000	913 000	574 000	365 000
Real Eastate	14 339 000	15 056 000	15 773 000	10 762 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 339 000	15 056 000	15 773 000	10 762 000
Total Fiancial Fixed Assets	10 188 000	10 240 000	10 240 000	10 240 000
Total Fixed Assets	25 365 000	26 209 000	26 587 000	21 367 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 294 000	41 989 000	51 161 000	82 576 000
Total Current Assets	60 294 000	42 059 000	51 161 000	82 576 000
Total Assets	85 659 000	68 268 000	77 748 000	103 944 000
Total Equity	35 416 000	57 617 000	69 274 000	69 574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	4 168 000
Creditors	51 000	23 000	10 000	21 000
Unpaid Taxes	76 000	76 000	77 000	77 000
Dividends	59 996 000	10 465 000	8 300 000	30 000 000
Other Current Debt	119 000	86 000	86 000	103 000
Total Current Debt	50 242 000	10 651 000	8 474 000	30 202 000
Total Equity and Debt	85 659 000	68 268 000	77 748 000	103 944 000

Financial indicators	2022	2021	2020	2019
Return on Equity	106,72 %	−2,07 %	11,55 %	60,92 %
Debt-to-Equity Ratio	0	0	0	0,06
Operating Profit Margin	−269,48 %	−272,97 %	−289,91 %	−12,92 %
Current Ratio	1,2	3,95	6,04	2,73
Quick Ratio	1,2	3,95	6,04	2,73
Equity Ratio	0,41	0,84	0,89	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %