GASSNOVA SF

3920 PORSGRUNN

Finances

Return on Equity

−19,18 %

Current Ratio

6,3

Debt-to-Equity Ratio

2,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 360 000	96 377 000	363 431 000	465 273 000
Net Income	−5 056 000	2 482 000	3 936 000	9 634 000
Total Assets	112 194 000	122 262 000	133 569 000	252 277 000
Total Equity	26 356 000	27 507 000	41 672 000	54 208 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 360 000	96 377 000	363 431 000	465 273 000
Expenditure	84 995 000	94 875 000	361 268 000	459 782 000
Operating Profit	−7 635 000	1 501 000	2 163 000	5 491 000
Financial Income	2 579 000	981 000	1 795 000	4 204 000
Financial Costs	0	0	22 000	62 000
Financial Balance	2 579 000	981 000	1 773 000	4 142 000
Earnings Before Tax	−5 056 000	2 482 000	3 936 000	9 634 000
Tax	0	0	0	0
Net Income	−5 056 000	2 482 000	3 936 000	9 634 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 317 000	2 232 000	3 162 000	603 000
Total Current Assets	110 876 000	120 030 000	130 408 000	251 674 000
Total Assets	112 194 000	122 262 000	133 569 000	252 277 000
Total Retained Equity	16 356 000	17 507 000	31 672 000	44 208 000
Total Equity	26 356 000	27 507 000	41 672 000	54 208 000
Total Long-Term Debt	68 228 000	72 632 000	53 986 000	35 941 000
Total Current Debt	17 610 000	22 123 000	37 912 000	162 128 000
Total Equity and Debt	112 194 000	122 262 000	133 569 000	252 277 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 919 000	88 760 000	354 250 000	454 368 000
Other Income	5 440 000	7 617 000	9 181 000	10 905 000
Revenue	77 360 000	96 377 000	363 431 000	465 273 000
Cost of Goods Sold	0	0	0	0
Salary Costs	65 760 000	68 352 000	67 974 000	65 546 000
Depreciation	915 000	929 000	397 000	46 000
Impairment	0	0	0	0
Expenditure	84 995 000	94 875 000	361 268 000	459 782 000
Operating Profit	−7 635 000	1 501 000	2 163 000	5 491 000
Financial Income	2 579 000	981 000	1 795 000	4 204 000
Financial Costs	0	0	22 000	62 000
Financial Balance	2 579 000	981 000	1 773 000	4 142 000
Dividends	0	0	0	0
Net Income	−5 056 000	2 482 000	3 936 000	9 634 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 317 000	2 232 000	3 162 000	603 000
Total Tangible Assets	1 317 000	2 232 000	3 162 000	603 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 317 000	2 232 000	3 162 000	603 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	109 349 000	119 618 000	129 475 000	249 528 000
Total Current Assets	110 876 000	120 030 000	130 408 000	251 674 000
Total Assets	112 194 000	122 262 000	133 569 000	252 277 000
Total Equity	26 356 000	27 507 000	41 672 000	54 208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	68 228 000	72 632 000	53 986 000	35 941 000
Creditors	1 901 000	2 372 000	11 211 000	23 589 000
Unpaid Taxes	6 891 000	7 369 000	5 342 000	7 314 000
Dividends	0	0	0	0
Other Current Debt	8 818 000	12 382 000	21 359 000	131 225 000
Total Current Debt	17 610 000	22 123 000	37 912 000	162 128 000
Total Equity and Debt	112 194 000	122 262 000	133 569 000	252 277 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,18 %	9,02 %	9,45 %	17,77 %
Debt-to-Equity Ratio	2,59	2,64	1,3	0,66
Operating Profit Margin	−9,87 %	1,56 %	0,6 %	1,18 %
Current Ratio	6,3	5,43	3,44	1,55
Quick Ratio	6,3	5,43	3,44	1,55
Equity Ratio	0,23	0,22	0,31	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %