GAO INVEST AS

3014 DRAMMEN

Finances

Return on Equity

7,82 %

Current Ratio

3,86

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 431 000	4 595 000	2 766 000	2 332 000
Net Income	266 000	665 000	20 000	137 000
Total Assets	4 722 000	5 757 000	4 696 000	4 979 000
Total Equity	3 402 000	4 136 000	4 471 000	4 451 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 431 000	4 595 000	2 766 000	2 332 000
Expenditure	4 149 000	3 633 000	2 843 000	2 125 000
Operating Profit	281 000	962 000	−77 000	207 000
Financial Income	57 000	25 000	93 000	4 000
Financial Costs	13 000	110 000	15 000	35 000
Financial Balance	44 000	−85 000	78 000	−31 000
Earnings Before Tax	325 000	876 000	1 000	176 000
Tax	59 000	211 000	−19 000	39 000
Net Income	266 000	665 000	20 000	137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	185 000	233 000	3 681 000	3 926 000
Total Current Assets	4 537 000	5 524 000	1 015 000	1 053 000
Total Assets	4 722 000	5 757 000	4 696 000	4 979 000
Total Retained Equity	2 800 000	3 534 000	3 869 000	3 849 000
Total Equity	3 402 000	4 136 000	4 471 000	4 451 000
Total Long-Term Debt	146 000	186 000	56 000	90 000
Total Current Debt	1 174 000	1 434 000	169 000	438 000
Total Equity and Debt	4 722 000	5 757 000	4 696 000	4 979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 423 000	3 523 000	2 464 000	1 992 000
Other Income	7 000	1 072 000	302 000	340 000
Revenue	4 431 000	4 595 000	2 766 000	2 332 000
Cost of Goods Sold	3 578 000	2 737 000	1 965 000	1 515 000
Salary Costs	110 000	146 000	227 000	10 000
Depreciation	48 000	214 000	245 000	241 000
Impairment	0	0	0	0
Expenditure	4 149 000	3 633 000	2 843 000	2 125 000
Operating Profit	281 000	962 000	−77 000	207 000
Financial Income	57 000	25 000	93 000	4 000
Financial Costs	13 000	110 000	15 000	35 000
Financial Balance	44 000	−85 000	78 000	−31 000
Dividends	1 000 000	1 000 000	0	300 000
Net Income	266 000	665 000	20 000	137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	2 815 000	2 940 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	185 000	233 000	866 000	986 000
Total Tangible Assets	185 000	233 000	3 680 000	3 925 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	185 000	233 000	3 681 000	3 926 000
Stock	1 621 000	549 000	157 000	250 000
Total Investments	310 000	155 000	238 000	0
Cash, Bank	2 556 000	4 606 000	475 000	652 000
Total Current Assets	4 537 000	5 524 000	1 015 000	1 053 000
Total Assets	4 722 000	5 757 000	4 696 000	4 979 000
Total Equity	3 402 000	4 136 000	4 471 000	4 451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	146 000	186 000	56 000	90 000
Creditors	4 000	166 000	22 000	11 000
Unpaid Taxes	37 000	105 000	91 000	44 000
Dividends	1 000 000	1 000 000	0	300 000
Other Current Debt	34 000	582 000	41 000	21 000
Total Current Debt	1 174 000	1 434 000	169 000	438 000
Total Equity and Debt	4 722 000	5 757 000	4 696 000	4 979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,82 %	16,08 %	0,45 %	3,08 %
Debt-to-Equity Ratio	0,04	0,04	0,01	0,02
Operating Profit Margin	6,34 %	20,94 %	−2,78 %	8,88 %
Current Ratio	3,86	3,85	6,01	2,4
Quick Ratio	−10,15	6,24	84,58	5,6
Equity Ratio	0,72	0,72	0,95	0,89
Gross Profit Margin	19,25 %	40,44 %	28,96 %	35,03 %