GIPSLAND AS

2335 STANGE

Finances

Return on Equity

27,17 %

Current Ratio

4,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 410 000	15 724 000	24 389 000	14 238 000
Net Income	3 369 000	458 000	3 285 000	1 930 000
Total Assets	16 189 000	10 436 000	12 119 000	9 153 000
Total Equity	12 399 000	9 030 000	8 572 000	5 287 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 410 000	15 724 000	24 389 000	14 238 000
Expenditure	28 179 000	15 237 000	20 212 000	11 775 000
Operating Profit	4 231 000	487 000	4 177 000	2 462 000
Financial Income	111 000	86 000	24 000	16 000
Financial Costs	29 000	1 000	13 000	3 000
Financial Balance	82 000	85 000	11 000	13 000
Earnings Before Tax	4 313 000	572 000	4 188 000	2 475 000
Tax	944 000	114 000	903 000	544 000
Net Income	3 369 000	458 000	3 285 000	1 930 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	453 000	149 000	77 000	116 000
Total Current Assets	15 735 000	10 288 000	12 041 000	9 037 000
Total Assets	16 189 000	10 436 000	12 119 000	9 153 000
Total Retained Equity	12 299 000	8 930 000	8 472 000	5 187 000
Total Equity	12 399 000	9 030 000	8 572 000	5 287 000
Total Long-Term Debt	0	0	0	18 000
Total Current Debt	3 789 000	1 406 000	3 546 000	3 847 000
Total Equity and Debt	16 189 000	10 436 000	12 119 000	9 153 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 410 000	15 724 000	24 364 000	14 238 000
Other Income	0	0	24 000	0
Revenue	32 410 000	15 724 000	24 389 000	14 238 000
Cost of Goods Sold	23 959 000	12 943 000	16 601 000	8 749 000
Salary Costs	3 007 000	1 808 000	2 954 000	2 663 000
Depreciation	103 000	48 000	38 000	6 000
Impairment	0	0	0	0
Expenditure	28 179 000	15 237 000	20 212 000	11 775 000
Operating Profit	4 231 000	487 000	4 177 000	2 462 000
Financial Income	111 000	86 000	24 000	16 000
Financial Costs	29 000	1 000	13 000	3 000
Financial Balance	82 000	85 000	11 000	13 000
Dividends	0	0	0	0
Net Income	3 369 000	458 000	3 285 000	1 930 000

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	453 000	149 000	77 000	116 000
Total Tangible Assets	453 000	149 000	77 000	116 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	453 000	149 000	77 000	116 000
Stock	0	0	18 000	18 000
Total Investments	1 351 000	1 104 000	0	0
Cash, Bank	1 369 000	4 553 000	6 991 000	4 994 000
Total Current Assets	15 735 000	10 288 000	12 041 000	9 037 000
Total Assets	16 189 000	10 436 000	12 119 000	9 153 000
Total Equity	12 399 000	9 030 000	8 572 000	5 287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	18 000
Creditors	2 175 000	947 000	1 878 000	1 281 000
Unpaid Taxes	134 000	67 000	262 000	674 000
Dividends	0	0	0	0
Other Current Debt	533 000	275 000	578 000	1 349 000
Total Current Debt	3 789 000	1 406 000	3 546 000	3 847 000
Total Equity and Debt	16 189 000	10 436 000	12 119 000	9 153 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,17 %	5,07 %	38,32 %	36,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,05 %	3,1 %	17,13 %	17,29 %
Current Ratio	4,15	7,32	3,4	2,35
Quick Ratio	4,15	7,32	3,41	2,36
Equity Ratio	0,77	0,87	0,71	0,58
Gross Profit Margin	26,08 %	17,69 %	31,93 %	38,55 %