GIG NETWORKS AS

0155 OSLO

Finances

Share Ownership

Return on Equity

41,28 %

Current Ratio

0,47

Debt-to-Equity Ratio

1,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 509 000	21 176 000	22 098 000	21 519 000
Net Income	2 369 000	1 404 000	2 188 000	124 000
Total Assets	24 213 000	20 354 000	22 688 000	22 254 000
Total Equity	5 739 000	4 870 000	5 216 000	4 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 509 000	21 176 000	22 098 000	21 519 000
Expenditure	18 661 000	18 712 000	18 584 000	20 804 000
Operating Profit	3 848 000	2 465 000	3 514 000	715 000
Financial Income	4 000	1 000	4 000	4 000
Financial Costs	815 000	666 000	713 000	558 000
Financial Balance	−811 000	−665 000	−709 000	−554 000
Earnings Before Tax	3 038 000	1 800 000	2 805 000	162 000
Tax	668 000	396 000	617 000	37 000
Net Income	2 369 000	1 404 000	2 188 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 061 000	18 433 000	17 531 000	17 312 000
Total Current Assets	4 152 000	1 921 000	5 157 000	4 941 000
Total Assets	24 213 000	20 354 000	22 688 000	22 254 000
Total Retained Equity	869 000	0	0	−3 074 000
Total Equity	5 739 000	4 870 000	5 216 000	4 528 000
Total Long-Term Debt	9 675 000	7 738 000	9 167 000	9 881 000
Total Current Debt	8 798 000	7 746 000	8 306 000	7 844 000
Total Equity and Debt	24 213 000	20 354 000	22 688 000	22 254 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 503 000	21 176 000	22 095 000	21 516 000
Other Income	6 000	1 000	3 000	3 000
Revenue	22 509 000	21 176 000	22 098 000	21 519 000
Cost of Goods Sold	6 272 000	6 239 000	6 874 000	6 940 000
Salary Costs	8 357 000	8 734 000	7 878 000	9 842 000
Depreciation	1 414 000	1 319 000	1 239 000	1 169 000
Impairment	0	0	0	0
Expenditure	18 661 000	18 712 000	18 584 000	20 804 000
Operating Profit	3 848 000	2 465 000	3 514 000	715 000
Financial Income	4 000	1 000	4 000	4 000
Financial Costs	815 000	666 000	713 000	558 000
Financial Balance	−811 000	−665 000	−709 000	−554 000
Dividends	0	0	0	0
Net Income	2 369 000	1 404 000	2 188 000	124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	76 000	472 000	1 089 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 061 000	18 357 000	17 059 000	16 223 000
Total Tangible Assets	20 061 000	18 357 000	17 059 000	16 223 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 061 000	18 433 000	17 531 000	17 312 000
Stock	747 000	540 000	439 000	522 000
Total Investments	0	0	0	0
Cash, Bank	1 802 000	89 000	3 038 000	2 809 000
Total Current Assets	4 152 000	1 921 000	5 157 000	4 941 000
Total Assets	24 213 000	20 354 000	22 688 000	22 254 000
Total Equity	5 739 000	4 870 000	5 216 000	4 528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 675 000	7 738 000	9 167 000	9 881 000
Creditors	1 587 000	279 000	905 000	422 000
Unpaid Taxes	1 414 000	1 553 000	1 392 000	1 304 000
Dividends	0	0	0	0
Other Current Debt	5 797 000	5 913 000	6 008 000	6 118 000
Total Current Debt	8 798 000	7 746 000	8 306 000	7 844 000
Total Equity and Debt	24 213 000	20 354 000	22 688 000	22 254 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,28 %	28,83 %	41,95 %	2,74 %
Debt-to-Equity Ratio	1,69	1,59	1,76	2,18
Operating Profit Margin	17,1 %	11,64 %	15,9 %	3,32 %
Current Ratio	0,47	0,25	0,62	0,63
Quick Ratio	0,52	0,27	0,66	0,67
Equity Ratio	0,24	0,24	0,23	0,2
Gross Profit Margin	72,14 %	70,54 %	68,89 %	67,75 %