GHG NORD AS

9135 VANNVÅG

Finances

Share Ownership

Return on Equity

−55,14 %

Current Ratio

1,9

Debt-to-Equity Ratio

2,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 629 000	43 138 000	19 418 000	23 964 000
Net Income	−6 037 000	−5 311 000	−7 283 000	−7 033 000
Total Assets	46 234 000	71 991 000	64 106 000	72 409 000
Total Equity	10 948 000	11 779 000	11 714 000	11 251 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 629 000	43 138 000	19 418 000	23 964 000
Expenditure	48 374 000	47 151 000	28 025 000	33 098 000
Operating Profit	−7 195 000	−6 113 000	−8 460 000	−7 607 000
Financial Income	156 000	289 000	175 000	183 000
Financial Costs	698 000	986 000	1 018 000	1 591 000
Financial Balance	−542 000	−697 000	−843 000	−1 408 000
Earnings Before Tax	−7 737 000	−6 810 000	−9 303 000	−9 015 000
Tax	−1 700 000	−1 498 000	−2 020 000	−1 982 000
Net Income	−6 037 000	−5 311 000	−7 283 000	−7 033 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 063 000	48 484 000	44 140 000	45 522 000
Total Current Assets	18 171 000	23 507 000	19 966 000	26 887 000
Total Assets	46 234 000	71 991 000	64 106 000	72 409 000
Total Retained Equity	0	0	0	0
Total Equity	10 948 000	11 779 000	11 714 000	11 251 000
Total Long-Term Debt	25 709 000	55 952 000	47 548 000	57 848 000
Total Current Debt	9 577 000	4 259 000	4 845 000	3 311 000
Total Equity and Debt	46 234 000	71 991 000	64 106 000	72 409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 611 000	42 856 000	19 370 000	23 962 000
Other Income	19 000	281 000	48 000	2 000
Revenue	39 629 000	43 138 000	19 418 000	23 964 000
Cost of Goods Sold	12 935 000	17 373 000	5 959 000	8 110 000
Salary Costs	5 518 000	3 991 000	3 540 000	5 130 000
Depreciation	2 898 000	3 105 000	3 043 000	2 966 000
Impairment	0	0	0	0
Expenditure	48 374 000	47 151 000	28 025 000	33 098 000
Operating Profit	−7 195 000	−6 113 000	−8 460 000	−7 607 000
Financial Income	156 000	289 000	175 000	183 000
Financial Costs	698 000	986 000	1 018 000	1 591 000
Financial Balance	−542 000	−697 000	−843 000	−1 408 000
Dividends	0	0	0	0
Net Income	−6 037 000	−5 311 000	−7 283 000	−7 033 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 699 000	17 237 000	17 722 000	15 899 000
Machinery and Plant Facilities	11 364 000	15 224 000	17 795 000	19 970 000
Fixtures	0	0	0	0
Total Tangible Assets	28 063 000	32 461 000	37 317 000	35 869 000
Total Fiancial Fixed Assets	0	16 023 000	6 824 000	9 653 000
Total Fixed Assets	28 063 000	48 484 000	44 140 000	45 522 000
Stock	5 698 000	4 016 000	5 837 000	5 880 000
Total Investments	0	0	0	0
Cash, Bank	62 000	1 028 000	2 159 000	1 276 000
Total Current Assets	18 171 000	23 507 000	19 966 000	26 887 000
Total Assets	46 234 000	71 991 000	64 106 000	72 409 000
Total Equity	10 948 000	11 779 000	11 714 000	11 251 000
Short-Term Group Debt	5 420 000	0	0	0
Total Long-Term Debt	25 709 000	55 952 000	47 548 000	57 848 000
Creditors	2 687 000	3 233 000	4 040 000	2 660 000
Unpaid Taxes	412 000	612 000	118 000	136 000
Dividends	0	0	0	0
Other Current Debt	1 058 000	415 000	686 000	515 000
Total Current Debt	9 577 000	4 259 000	4 845 000	3 311 000
Total Equity and Debt	46 234 000	71 991 000	64 106 000	72 409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,14 %	−45,09 %	−62,17 %	−62,51 %
Debt-to-Equity Ratio	2,35	4,75	4,06	5,14
Operating Profit Margin	−18,16 %	−14,17 %	−43,57 %	−31,74 %
Current Ratio	1,9	5,52	4,12	8,12
Quick Ratio	4,68	96,74	−20,13	−10,47
Equity Ratio	0,24	0,16	0,18	0,16
Gross Profit Margin	67,36 %	59,73 %	69,31 %	66,16 %