GSI NORWAY AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

−4,3 %

Current Ratio

0,49

Debt-to-Equity Ratio

−0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 632 000	12 222 000	6 083 000	13 070 000
Net Income	159 000	1 194 000	11 000	−3 471 000
Total Assets	2 788 000	2 512 000	940 000	1 079 000
Total Equity	−3 694 000	−3 854 000	−5 047 000	−5 058 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 632 000	12 222 000	6 083 000	13 070 000
Expenditure	16 174 000	10 744 000	5 828 000	15 669 000
Operating Profit	459 000	1 477 000	256 000	−2 599 000
Financial Income	0	0	2 000	0
Financial Costs	299 000	284 000	247 000	195 000
Financial Balance	−299 000	−284 000	−245 000	−195 000
Earnings Before Tax	159 000	1 194 000	11 000	−2 794 000
Tax	0	0	0	677 000
Net Income	159 000	1 194 000	11 000	−3 471 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	22 000	0	180 000
Total Current Assets	2 776 000	2 490 000	940 000	899 000
Total Assets	2 788 000	2 512 000	940 000	1 079 000
Total Retained Equity	−3 894 000	−4 054 000	−5 247 000	−5 258 000
Total Equity	−3 694 000	−3 854 000	−5 047 000	−5 058 000
Total Long-Term Debt	854 000	0	0	0
Total Current Debt	5 629 000	6 366 000	5 987 000	6 137 000
Total Equity and Debt	2 788 000	2 512 000	940 000	1 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 632 000	12 222 000	6 083 000	13 070 000
Other Income	0	0	0	0
Revenue	16 632 000	12 222 000	6 083 000	13 070 000
Cost of Goods Sold	14 023 000	9 707 000	4 979 000	11 281 000
Salary Costs	703 000	357 000	325 000	2 239 000
Depreciation	9 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	16 174 000	10 744 000	5 828 000	15 669 000
Operating Profit	459 000	1 477 000	256 000	−2 599 000
Financial Income	0	0	2 000	0
Financial Costs	299 000	284 000	247 000	195 000
Financial Balance	−299 000	−284 000	−245 000	−195 000
Dividends	0	0	0	0
Net Income	159 000	1 194 000	11 000	−3 471 000

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	13 000	22 000	0	180 000
Total Tangible Assets	13 000	22 000	0	180 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	22 000	0	180 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	47 000	35 000	93 000
Total Current Assets	2 776 000	2 490 000	940 000	899 000
Total Assets	2 788 000	2 512 000	940 000	1 079 000
Total Equity	−3 694 000	−3 854 000	−5 047 000	−5 058 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	854 000	0	0	0
Creditors	1 878 000	637 000	781 000	701 000
Unpaid Taxes	1 138 000	1 732 000	1 173 000	1 807 000
Dividends	0	0	0	0
Other Current Debt	787 000	1 374 000	938 000	590 000
Total Current Debt	5 629 000	6 366 000	5 987 000	6 137 000
Total Equity and Debt	2 788 000	2 512 000	940 000	1 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,3 %	−30,98 %	−0,22 %	68,62 %
Debt-to-Equity Ratio	−0,23	−0	−0	−0
Operating Profit Margin	2,76 %	12,08 %	4,21 %	−19,89 %
Current Ratio	0,49	0,39	0,16	0,15
Quick Ratio	0,49	0,39	0,16	0,15
Equity Ratio	−1,32	−1,53	−5,37	−4,69
Gross Profit Margin	15,69 %	20,58 %	18,15 %	13,69 %