GALTELAND INVEST AS

4614 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−43,09 %

Current Ratio

4,19

Debt-to-Equity Ratio

31,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	212 000	180 000	180 000	75 000
Net Income	−78 000	−49 000	−502 000	−78 000
Total Assets	5 975 000	3 356 000	3 532 000	4 502 000
Total Equity	181 000	259 000	308 000	810 000

Income (NOK)	2022	2021	2020	2019
Revenue	212 000	180 000	180 000	75 000
Expenditure	128 000	131 000	73 000	139 000
Operating Profit	84 000	48 000	107 000	−64 000
Financial Income	0	0	1 000	1 850 000
Financial Costs	163 000	98 000	609 000	1 516 000
Financial Balance	−163 000	−98 000	−608 000	334 000
Earnings Before Tax	−78 000	−49 000	−502 000	270 000
Tax	0	−1 000	0	348 000
Net Income	−78 000	−49 000	−502 000	−78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 908 000	3 289 000	3 262 000	3 222 000
Total Current Assets	67 000	67 000	270 000	1 279 000
Total Assets	5 975 000	3 356 000	3 532 000	4 502 000
Total Retained Equity	81 000	159 000	208 000	710 000
Total Equity	181 000	259 000	308 000	810 000
Total Long-Term Debt	5 779 000	3 095 000	3 223 000	3 739 000
Total Current Debt	16 000	1 000	1 000	−47 000
Total Equity and Debt	5 975 000	3 356 000	3 532 000	4 502 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	212 000	180 000	180 000	75 000
Revenue	212 000	180 000	180 000	75 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	9 000	9 000	9 000	5 000
Impairment	0	0	0	0
Expenditure	128 000	131 000	73 000	139 000
Operating Profit	84 000	48 000	107 000	−64 000
Financial Income	0	0	1 000	1 850 000
Financial Costs	163 000	98 000	609 000	1 516 000
Financial Balance	−163 000	−98 000	−608 000	334 000
Dividends	0	0	0	0
Net Income	−78 000	−49 000	−502 000	−78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 894 000	3 266 000	3 229 000	3 181 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	23 000	32 000	42 000
Total Tangible Assets	5 908 000	3 289 000	3 262 000	3 222 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 908 000	3 289 000	3 262 000	3 222 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	67 000	67 000	270 000	775 000
Total Current Assets	67 000	67 000	270 000	1 279 000
Total Assets	5 975 000	3 356 000	3 532 000	4 502 000
Total Equity	181 000	259 000	308 000	810 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 779 000	3 095 000	3 223 000	3 739 000
Creditors	10 000	0	0	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	1 000	1 000	1 000
Total Current Debt	16 000	1 000	1 000	−47 000
Total Equity and Debt	5 975 000	3 356 000	3 532 000	4 502 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,09 %	−18,92 %	−162,99 %	−9,63 %
Debt-to-Equity Ratio	31,93	11,95	10,46	4,62
Operating Profit Margin	39,62 %	26,67 %	59,44 %	−85,33 %
Current Ratio	4,19	67	270	−27,21
Quick Ratio	4,19	67	270	−27,21
Equity Ratio	0,03	0,08	0,09	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %