GT ASSET MANAGEMENT AS

0250 OSLO

Finances

Return on Equity

158,98 %

Current Ratio

0,6

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 676 000	2 181 000	2 623 000	1 631 000
Net Income	−407 000	110 000	60 000	−311 000
Total Assets	388 000	684 000	759 000	248 000
Total Equity	−256 000	146 000	100 000	−211 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 676 000	2 181 000	2 623 000	1 631 000
Expenditure	1 935 000	2 034 000	2 530 000	2 013 000
Operating Profit	−259 000	147 000	93 000	−382 000
Financial Income	13 000	0	3 000	3 000
Financial Costs	161 000	5 000	18 000	21 000
Financial Balance	−148 000	−5 000	−15 000	−18 000
Earnings Before Tax	−407 000	142 000	78 000	−399 000
Tax	0	31 000	17 000	−88 000
Net Income	−407 000	110 000	60 000	−311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	110 000	110 000	88 000
Total Current Assets	388 000	574 000	648 000	160 000
Total Assets	388 000	684 000	759 000	248 000
Total Retained Equity	−606 000	−205 000	−251 000	−311 000
Total Equity	−256 000	146 000	100 000	−211 000
Total Long-Term Debt	0	125 000	65 000	230 000
Total Current Debt	644 000	414 000	594 000	229 000
Total Equity and Debt	388 000	684 000	759 000	248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 657 000	2 181 000	1 479 000	1 631 000
Other Income	19 000	0	1 143 000	0
Revenue	1 676 000	2 181 000	2 623 000	1 631 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 469 000	1 465 000	1 728 000	1 322 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 935 000	2 034 000	2 530 000	2 013 000
Operating Profit	−259 000	147 000	93 000	−382 000
Financial Income	13 000	0	3 000	3 000
Financial Costs	161 000	5 000	18 000	21 000
Financial Balance	−148 000	−5 000	−15 000	−18 000
Dividends	0	0	0	0
Net Income	−407 000	110 000	60 000	−311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	88 000
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	0	110 000	110 000	0
Total Fixed Assets	0	110 000	110 000	88 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	0	62 000	62 000
Total Current Assets	388 000	574 000	648 000	160 000
Total Assets	388 000	684 000	759 000	248 000
Total Equity	−256 000	146 000	100 000	−211 000
Short-Term Group Debt	243 000	0	0	0
Total Long-Term Debt	0	125 000	65 000	230 000
Creditors	13 000	17 000	43 000	0
Unpaid Taxes	118 000	23 000	110 000	108 000
Dividends	0	0	0	0
Other Current Debt	269 000	361 000	441 000	120 000
Total Current Debt	644 000	414 000	594 000	229 000
Total Equity and Debt	388 000	684 000	759 000	248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	158,98 %	75,34 %	60 %	147,39 %
Debt-to-Equity Ratio	−0	0,86	0,65	−1,09
Operating Profit Margin	−15,45 %	6,74 %	3,55 %	−23,42 %
Current Ratio	0,6	1,39	1,09	0,7
Quick Ratio	0,6	1,39	1,09	0,7
Equity Ratio	−0,66	0,21	0,13	−0,85
Gross Profit Margin	100 %	100 %	100 %	100 %