GANTIC AS

5347 ÅGOTNES

Finances

Return on Equity

40,96 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 153 000	83 156 000	72 568 000	53 926 000
Net Income	5 025 000	1 886 000	1 060 000	303 000
Total Assets	40 082 000	34 478 000	24 225 000	20 297 000
Total Equity	12 267 000	7 242 000	5 356 000	4 296 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 153 000	83 156 000	72 568 000	53 926 000
Expenditure	112 020 000	80 029 000	69 477 000	53 235 000
Operating Profit	8 134 000	3 128 000	3 091 000	691 000
Financial Income	386 000	280 000	328 000	372 000
Financial Costs	2 061 000	1 007 000	2 155 000	656 000
Financial Balance	−1 675 000	−727 000	−1 827 000	−284 000
Earnings Before Tax	6 459 000	2 401 000	1 263 000	407 000
Tax	1 434 000	515 000	203 000	104 000
Net Income	5 025 000	1 886 000	1 060 000	303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 978 000	4 203 000	4 359 000	4 083 000
Total Current Assets	36 103 000	30 275 000	19 866 000	16 213 000
Total Assets	40 082 000	34 478 000	24 225 000	20 297 000
Total Retained Equity	11 467 000	6 442 000	4 556 000	3 496 000
Total Equity	12 267 000	7 242 000	5 356 000	4 296 000
Total Long-Term Debt	1 148 000	1 836 000	2 105 000	2 106 000
Total Current Debt	26 667 000	25 401 000	16 764 000	13 895 000
Total Equity and Debt	40 082 000	34 478 000	24 225 000	20 297 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	119 980 000	82 775 000	72 143 000	53 861 000
Other Income	173 000	381 000	425 000	65 000
Revenue	120 153 000	83 156 000	72 568 000	53 926 000
Cost of Goods Sold	77 639 000	51 654 000	48 224 000	33 640 000
Salary Costs	19 961 000	16 826 000	12 592 000	11 984 000
Depreciation	379 000	572 000	499 000	429 000
Impairment	0	0	0	0
Expenditure	112 020 000	80 029 000	69 477 000	53 235 000
Operating Profit	8 134 000	3 128 000	3 091 000	691 000
Financial Income	386 000	280 000	328 000	372 000
Financial Costs	2 061 000	1 007 000	2 155 000	656 000
Financial Balance	−1 675 000	−727 000	−1 827 000	−284 000
Dividends	0	0	0	0
Net Income	5 025 000	1 886 000	1 060 000	303 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	125 000	174 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	684 000	789 000	410 000	166 000
Fixtures	543 000	564 000	1 147 000	1 247 000
Total Tangible Assets	1 227 000	1 352 000	1 557 000	1 413 000
Total Fiancial Fixed Assets	2 701 000	2 725 000	2 627 000	2 670 000
Total Fixed Assets	3 978 000	4 203 000	4 359 000	4 083 000
Stock	25 358 000	26 399 000	8 725 000	9 742 000
Total Investments	0	0	0	0
Cash, Bank	1 025 000	936 000	4 939 000	2 628 000
Total Current Assets	36 103 000	30 275 000	19 866 000	16 213 000
Total Assets	40 082 000	34 478 000	24 225 000	20 297 000
Total Equity	12 267 000	7 242 000	5 356 000	4 296 000
Short-Term Group Debt	597 000	62 000	0	61 000
Total Long-Term Debt	1 148 000	1 836 000	2 105 000	2 106 000
Creditors	8 790 000	13 507 000	2 615 000	5 074 000
Unpaid Taxes	4 461 000	4 670 000	3 447 000	2 644 000
Dividends	0	0	0	0
Other Current Debt	3 946 000	3 992 000	6 237 000	3 393 000
Total Current Debt	26 667 000	25 401 000	16 764 000	13 895 000
Total Equity and Debt	40 082 000	34 478 000	24 225 000	20 297 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,96 %	26,04 %	19,79 %	7,05 %
Debt-to-Equity Ratio	0,09	0,25	0,39	0,49
Operating Profit Margin	6,77 %	3,76 %	4,26 %	1,28 %
Current Ratio	1,35	1,19	1,19	1,17
Quick Ratio	27,58	−30,34	2,47	3,9
Equity Ratio	0,31	0,21	0,22	0,21
Gross Profit Margin	35,38 %	37,88 %	33,55 %	37,62 %