GALLERI NORENDAL AS

5713 VOSSESTRAND

Finances

Share Ownership

Return on Equity

25,49 %

Current Ratio

30,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	564 000	108 000	93 000	792 000
Net Income	170 000	−150 000	−223 000	243 000
Total Assets	687 000	585 000	746 000	997 000
Total Equity	667 000	498 000	647 000	870 000

Income (NOK)	2022	2021	2020	2019
Revenue	564 000	108 000	93 000	792 000
Expenditure	346 000	380 000	382 000	480 000
Operating Profit	217 000	−272 000	−288 000	312 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	218 000	−272 000	−288 000	312 000
Tax	48 000	−122 000	−65 000	69 000
Net Income	170 000	−150 000	−223 000	243 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	86 000	260 000	228 000	200 000
Total Current Assets	601 000	325 000	518 000	798 000
Total Assets	687 000	585 000	746 000	997 000
Total Retained Equity	567 000	398 000	547 000	770 000
Total Equity	667 000	498 000	647 000	870 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	20 000	88 000	98 000	126 000
Total Equity and Debt	687 000	585 000	746 000	997 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	510 000	75 000	93 000	792 000
Other Income	54 000	33 000	0	0
Revenue	564 000	108 000	93 000	792 000
Cost of Goods Sold	76 000	133 000	99 000	67 000
Salary Costs	1 000	0	14 000	73 000
Depreciation	19 000	26 000	37 000	33 000
Impairment	0	0	0	0
Expenditure	346 000	380 000	382 000	480 000
Operating Profit	217 000	−272 000	−288 000	312 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	170 000	−150 000	−223 000	243 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	74 000	122 000	64 000	0
Real Eastate	0	109 000	112 000	115 000
Machinery and Plant Facilities	12 000	18 000	30 000	50 000
Fixtures	0	10 000	21 000	34 000
Total Tangible Assets	12 000	137 000	163 000	200 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	86 000	260 000	228 000	200 000
Stock	20 000	60 000	185 000	265 000
Total Investments	0	0	0	0
Cash, Bank	454 000	261 000	327 000	518 000
Total Current Assets	601 000	325 000	518 000	798 000
Total Assets	687 000	585 000	746 000	997 000
Total Equity	667 000	498 000	647 000	870 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	0	4 000	13 000	9 000
Unpaid Taxes	20 000	0	1 000	11 000
Dividends	0	0	0	0
Other Current Debt	0	84 000	84 000	39 000
Total Current Debt	20 000	88 000	98 000	126 000
Total Equity and Debt	687 000	585 000	746 000	997 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,49 %	−30,12 %	−34,47 %	27,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	38,48 %	−251,85 %	−309,68 %	39,39 %
Current Ratio	30,05	3,69	5,29	6,33
Quick Ratio	-	11,61	−5,95	−5,74
Equity Ratio	0,97	0,85	0,87	0,87
Gross Profit Margin	86,52 %	−23,15 %	−6,45 %	91,54 %