GIC AS

2019 SKEDSMOKORSET

Finances

Return on Equity

75,36 %

Current Ratio

143,52

Debt-to-Equity Ratio

1,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 000	0	0	25 000
Net Income	2 202 000	494 000	471 000	−176 000
Total Assets	7 840 000	5 553 000	5 035 000	4 536 000
Total Equity	2 922 000	720 000	227 000	−245 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 000	0	0	25 000
Expenditure	15 000	13 000	28 000	51 000
Operating Profit	−3 000	−13 000	−28 000	−26 000
Financial Income	2 308 000	531 000	522 000	571 000
Financial Costs	98 000	27 000	32 000	751 000
Financial Balance	2 210 000	504 000	490 000	−180 000
Earnings Before Tax	2 207 000	491 000	462 000	−205 000
Tax	6 000	−3 000	−10 000	−30 000
Net Income	2 202 000	494 000	471 000	−176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 540 000	4 530 000	3 915 000	3 783 000
Total Current Assets	3 301 000	1 022 000	1 120 000	752 000
Total Assets	7 840 000	5 553 000	5 035 000	4 536 000
Total Retained Equity	2 809 000	608 000	114 000	−357 000
Total Equity	2 922 000	720 000	227 000	−245 000
Total Long-Term Debt	4 895 000	4 762 000	4 762 000	4 762 000
Total Current Debt	23 000	71 000	47 000	19 000
Total Equity and Debt	7 840 000	5 553 000	5 035 000	4 536 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 000	0	0	25 000
Other Income	0	0	0	0
Revenue	12 000	0	0	25 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	15 000	13 000	28 000	51 000
Operating Profit	−3 000	−13 000	−28 000	−26 000
Financial Income	2 308 000	531 000	522 000	571 000
Financial Costs	98 000	27 000	32 000	751 000
Financial Balance	2 210 000	504 000	490 000	−180 000
Dividends	0	0	0	0
Net Income	2 202 000	494 000	471 000	−176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	240 000	245 000	243 000	233 000
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	4 300 000	4 285 000	3 673 000	3 550 000
Total Fixed Assets	4 540 000	4 530 000	3 915 000	3 783 000
Stock	0	0	0	0
Total Investments	460 000	71 000	55 000	35 000
Cash, Bank	1 912 000	951 000	1 065 000	610 000
Total Current Assets	3 301 000	1 022 000	1 120 000	752 000
Total Assets	7 840 000	5 553 000	5 035 000	4 536 000
Total Equity	2 922 000	720 000	227 000	−245 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 895 000	4 762 000	4 762 000	4 762 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	23 000	71 000	47 000	19 000
Total Current Debt	23 000	71 000	47 000	19 000
Total Equity and Debt	7 840 000	5 553 000	5 035 000	4 536 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,36 %	68,61 %	207,49 %	71,84 %
Debt-to-Equity Ratio	1,68	6,61	20,98	−19,44
Operating Profit Margin	−25 %	-	-	−104 %
Current Ratio	143,52	14,39	23,83	39,58
Quick Ratio	143,52	14,39	23,83	39,58
Equity Ratio	0,37	0,13	0,05	−0,05
Gross Profit Margin	100 %	-	-	100 %