GAVECO AS

5209 OS

Finances

Return on Equity

−12,8 %

Current Ratio

0,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−16 000	−18 000	−28 000	−36 000
Total Assets	586 000	602 000	622 000	650 000
Total Equity	125 000	141 000	159 000	187 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	21 000	23 000	36 000	64 000
Operating Profit	−21 000	−23 000	−36 000	−64 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−21 000	−23 000	−36 000	−64 000
Tax	−5 000	−5 000	−8 000	−28 000
Net Income	−16 000	−18 000	−28 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	224 000	210 000	205 000	192 000
Total Current Assets	361 000	392 000	418 000	459 000
Total Assets	586 000	602 000	622 000	650 000
Total Retained Equity	25 000	41 000	59 000	87 000
Total Equity	125 000	141 000	159 000	187 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	460 000	460 000	463 000	463 000
Total Equity and Debt	586 000	602 000	622 000	650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	21 000	23 000	36 000	64 000
Operating Profit	−21 000	−23 000	−36 000	−64 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−16 000	−18 000	−28 000	−36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 000	41 000	36 000	28 000
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	179 000	169 000	169 000	164 000
Total Fixed Assets	224 000	210 000	205 000	192 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	361 000	392 000	418 000	459 000
Total Current Assets	361 000	392 000	418 000	459 000
Total Assets	586 000	602 000	622 000	650 000
Total Equity	125 000	141 000	159 000	187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	460 000	460 000	463 000	463 000
Total Current Debt	460 000	460 000	463 000	463 000
Total Equity and Debt	586 000	602 000	622 000	650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,8 %	−12,77 %	−17,61 %	−19,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,78	0,85	0,9	0,99
Quick Ratio	0,78	0,85	0,9	0,99
Equity Ratio	0,21	0,23	0,26	0,29
Gross Profit Margin	-	-	-	-