GATESTRAND AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

59,36 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 292 000	3 266 000	0	457 000
Net Income	485 000	1 176 000	−26 000	197 000
Total Assets	1 490 000	2 345 000	2 421 000	1 986 000
Total Equity	817 000	817 000	790 000	816 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 292 000	3 266 000	0	457 000
Expenditure	671 000	1 767 000	26 000	240 000
Operating Profit	622 000	1 500 000	−26 000	217 000
Financial Income	0	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	0	0
Earnings Before Tax	622 000	1 501 000	−26 000	217 000
Tax	137 000	324 000	0	20 000
Net Income	485 000	1 176 000	−26 000	197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	305 000	305 000	305 000	0
Total Current Assets	1 185 000	2 040 000	2 116 000	1 986 000
Total Assets	1 490 000	2 345 000	2 421 000	1 986 000
Total Retained Equity	128 000	128 000	102 000	127 000
Total Equity	817 000	817 000	790 000	816 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	674 000	1 528 000	1 631 000	1 170 000
Total Equity and Debt	1 490 000	2 345 000	2 421 000	1 986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 292 000	3 266 000	0	0
Other Income	0	0	0	457 000
Revenue	1 292 000	3 266 000	0	457 000
Cost of Goods Sold	367 000	1 124 000	0	168 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	671 000	1 767 000	26 000	240 000
Operating Profit	622 000	1 500 000	−26 000	217 000
Financial Income	0	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	0	0
Dividends	0	0	0	0
Net Income	485 000	1 176 000	−26 000	197 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	305 000	305 000	305 000	0
Total Fixed Assets	305 000	305 000	305 000	0
Stock	963 000	1 045 000	2 109 000	1 981 000
Total Investments	0	0	0	0
Cash, Bank	4 000	4 000	3 000	0
Total Current Assets	1 185 000	2 040 000	2 116 000	1 986 000
Total Assets	1 490 000	2 345 000	2 421 000	1 986 000
Total Equity	817 000	817 000	790 000	816 000
Short-Term Group Debt	648 000	1 500 000	1 630 000	1 170 000
Total Long-Term Debt	0	0	0	0
Creditors	26 000	28 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	674 000	1 528 000	1 631 000	1 170 000
Total Equity and Debt	1 490 000	2 345 000	2 421 000	1 986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,36 %	143,94 %	−3,29 %	24,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	48,14 %	45,93 %	-	47,48 %
Current Ratio	1,76	1,34	1,3	1,7
Quick Ratio	−4,1	4,22	−4,43	−2,45
Equity Ratio	0,55	0,35	0,33	0,41
Gross Profit Margin	71,59 %	65,58 %	-	63,24 %