GELATO ASA

0191 OSLO

Finances

Return on Equity

−104,71 %

Current Ratio

0,79

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 087 909 000	874 176 000	630 550 000	499 202 000
Net Income	−251 520 000	−134 525 000	−72 069 000	−123 569 000
Total Assets	548 729 000	385 338 000	340 096 000	295 650 000
Total Equity	240 211 000	84 459 000	127 980 000	152 608 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 087 909 000	874 176 000	630 550 000	499 202 000
Expenditure	1 396 814 000	1 053 100 000	725 463 000	655 959 000
Operating Profit	−308 904 000	−178 924 000	−94 914 000	−156 758 000
Financial Income	605 000	32 000	3 883 000	749 000
Financial Costs	5 248 000	660 000	336 000	3 259 000
Financial Balance	−4 643 000	−628 000	3 547 000	−2 510 000
Earnings Before Tax	−313 547 000	−179 552 000	−91 368 000	−159 268 000
Tax	−62 027 000	−45 026 000	−19 299 000	−35 699 000
Net Income	−251 520 000	−134 525 000	−72 069 000	−123 569 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	305 827 000	229 454 000	160 265 000	135 325 000
Total Current Assets	242 902 000	155 884 000	179 831 000	160 325 000
Total Assets	548 729 000	385 338 000	340 096 000	295 650 000
Total Retained Equity	−713 724 000	−463 771 000	−366 437 000	−294 368 000
Total Equity	240 211 000	84 459 000	127 980 000	152 608 000
Total Long-Term Debt	1 361 000	9 298 000	0	0
Total Current Debt	307 157 000	291 581 000	212 116 000	143 043 000
Total Equity and Debt	548 729 000	385 338 000	340 096 000	295 650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 087 304 000	872 877 000	628 984 000	497 620 000
Other Income	605 000	1 299 000	1 566 000	1 582 000
Revenue	1 087 909 000	874 176 000	630 550 000	499 202 000
Cost of Goods Sold	640 152 000	494 274 000	281 394 000	186 358 000
Salary Costs	253 910 000	171 901 000	56 249 000	49 169 000
Depreciation	30 901 000	20 946 000	14 686 000	12 055 000
Impairment	0	0	0	0
Expenditure	1 396 814 000	1 053 100 000	725 463 000	655 959 000
Operating Profit	−308 904 000	−178 924 000	−94 914 000	−156 758 000
Financial Income	605 000	32 000	3 883 000	749 000
Financial Costs	5 248 000	660 000	336 000	3 259 000
Financial Balance	−4 643 000	−628 000	3 547 000	−2 510 000
Dividends	0	0	0	0
Net Income	−251 520 000	−134 525 000	−72 069 000	−123 569 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	292 810 000	205 379 000	142 915 000	118 757 000
Real Eastate	9 697 000	19 543 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 897 000	850 000	425 000	705 000
Total Tangible Assets	11 595 000	20 393 000	425 000	705 000
Total Fiancial Fixed Assets	1 423 000	3 681 000	16 924 000	15 863 000
Total Fixed Assets	305 827 000	229 454 000	160 265 000	135 325 000
Stock	12 022 000	7 365 000	1 445 000	83 000
Total Investments	0	0	0	0
Cash, Bank	163 689 000	80 988 000	142 178 000	139 883 000
Total Current Assets	242 902 000	155 884 000	179 831 000	160 325 000
Total Assets	548 729 000	385 338 000	340 096 000	295 650 000
Total Equity	240 211 000	84 459 000	127 980 000	152 608 000
Short-Term Group Debt	20 000	12 713 000	0	0
Total Long-Term Debt	1 361 000	9 298 000	0	0
Creditors	102 888 000	130 379 000	107 666 000	71 094 000
Unpaid Taxes	73 935 000	63 456 000	48 085 000	29 230 000
Dividends	0	0	0	0
Other Current Debt	125 024 000	83 335 000	56 364 000	42 718 000
Total Current Debt	307 157 000	291 581 000	212 116 000	143 043 000
Total Equity and Debt	548 729 000	385 338 000	340 096 000	295 650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−104,71 %	−159,28 %	−56,31 %	−80,97 %
Debt-to-Equity Ratio	0,01	0,11	0	0
Operating Profit Margin	−28,39 %	−20,47 %	−15,05 %	−31,4 %
Current Ratio	0,79	0,53	0,85	1,12
Quick Ratio	0,82	0,55	0,85	1,12
Equity Ratio	0,44	0,22	0,38	0,52
Gross Profit Margin	41,16 %	43,46 %	55,37 %	62,67 %