GIAMAG TECHNOLOGIES AS

2007 KJELLER

Finances

Share Ownership

Return on Equity

−52,47 %

Current Ratio

0,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	140 000	923 000	3 004 000	2 674 000
Net Income	−202 000	−1 332 000	−1 188 000	−2 676 000
Total Assets	435 000	755 000	1 400 000	2 062 000
Total Equity	385 000	549 000	881 000	788 000

Income (NOK)	2022	2021	2020	2019
Revenue	140 000	923 000	3 004 000	2 674 000
Expenditure	341 000	2 253 000	4 106 000	5 350 000
Operating Profit	−202 000	−1 331 000	−1 102 000	−2 676 000
Financial Income	0	1 000	6 000	3 000
Financial Costs	1 000	2 000	9 000	3 000
Financial Balance	−1 000	−1 000	−3 000	0
Earnings Before Tax	−202 000	−1 332 000	−1 105 000	−2 676 000
Tax	0	0	82 000	0
Net Income	−202 000	−1 332 000	−1 188 000	−2 676 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	433 000	541 000	677 000	846 000
Total Current Assets	2 000	214 000	723 000	1 216 000
Total Assets	435 000	755 000	1 400 000	2 062 000
Total Retained Equity	−39 000	0	0	−15 768 000
Total Equity	385 000	549 000	881 000	788 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	50 000	206 000	519 000	1 274 000
Total Equity and Debt	435 000	755 000	1 400 000	2 062 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	140 000	14 000	222 000	2 674 000
Other Income	0	909 000	2 782 000	0
Revenue	140 000	923 000	3 004 000	2 674 000
Cost of Goods Sold	17 000	30 000	269 000	339 000
Salary Costs	38 000	1 070 000	1 600 000	2 412 000
Depreciation	108 000	135 000	169 000	233 000
Impairment	0	0	0	0
Expenditure	341 000	2 253 000	4 106 000	5 350 000
Operating Profit	−202 000	−1 331 000	−1 102 000	−2 676 000
Financial Income	0	1 000	6 000	3 000
Financial Costs	1 000	2 000	9 000	3 000
Financial Balance	−1 000	−1 000	−3 000	0
Dividends	0	0	0	0
Net Income	−202 000	−1 332 000	−1 188 000	−2 676 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	433 000	541 000	677 000	846 000
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	0	0	0	0
Total Fixed Assets	433 000	541 000	677 000	846 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	97 000	538 000	1 095 000
Total Current Assets	2 000	214 000	723 000	1 216 000
Total Assets	435 000	755 000	1 400 000	2 062 000
Total Equity	385 000	549 000	881 000	788 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	91 000	187 000	337 000
Unpaid Taxes	0	19 000	109 000	312 000
Dividends	0	0	0	0
Other Current Debt	46 000	97 000	223 000	625 000
Total Current Debt	50 000	206 000	519 000	1 274 000
Total Equity and Debt	435 000	755 000	1 400 000	2 062 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,47 %	−242,62 %	−134,85 %	−339,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−144,29 %	−144,2 %	−36,68 %	−100,07 %
Current Ratio	0,04	1,04	1,39	0,95
Quick Ratio	0,04	1,04	1,39	0,95
Equity Ratio	0,89	0,73	0,63	0,38
Gross Profit Margin	87,86 %	96,75 %	91,05 %	87,32 %