GANGENES AS

4308 SANDNES

Finances

Share Ownership

Return on Equity

32,3 %

Current Ratio

1,68

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 529 000	3 705 000	2 008 000	3 697 000
Net Income	740 000	32 000	−289 000	90 000
Total Assets	3 885 000	2 070 000	2 050 000	2 591 000
Total Equity	2 291 000	1 550 000	1 519 000	1 808 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 529 000	3 705 000	2 008 000	3 697 000
Expenditure	1 623 000	3 665 000	2 381 000	3 585 000
Operating Profit	905 000	40 000	−373 000	113 000
Financial Income	1 000	1 000	2 000	5 000
Financial Costs	0	0	0	2 000
Financial Balance	1 000	1 000	2 000	3 000
Earnings Before Tax	907 000	41 000	−371 000	116 000
Tax	166 000	9 000	−82 000	25 000
Net Income	740 000	32 000	−289 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 367 000	426 000	719 000	1 113 000
Total Current Assets	2 518 000	1 644 000	1 332 000	1 478 000
Total Assets	3 885 000	2 070 000	2 050 000	2 591 000
Total Retained Equity	2 191 000	1 450 000	1 419 000	1 708 000
Total Equity	2 291 000	1 550 000	1 519 000	1 808 000
Total Long-Term Debt	100 000	72 000	283 000	392 000
Total Current Debt	1 495 000	448 000	249 000	392 000
Total Equity and Debt	3 885 000	2 070 000	2 050 000	2 591 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 529 000	3 646 000	1 845 000	3 697 000
Other Income	0	59 000	163 000	0
Revenue	2 529 000	3 705 000	2 008 000	3 697 000
Cost of Goods Sold	773 000	2 057 000	608 000	2 016 000
Salary Costs	14 000	555 000	681 000	449 000
Depreciation	100 000	191 000	214 000	269 000
Impairment	0	0	0	0
Expenditure	1 623 000	3 665 000	2 381 000	3 585 000
Operating Profit	905 000	40 000	−373 000	113 000
Financial Income	1 000	1 000	2 000	5 000
Financial Costs	0	0	0	2 000
Financial Balance	1 000	1 000	2 000	3 000
Dividends	0	0	0	0
Net Income	740 000	32 000	−289 000	90 000

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	142 000	0	0	0
Fixtures	1 047 000	426 000	719 000	1 113 000
Total Tangible Assets	1 189 000	426 000	719 000	1 113 000
Total Fiancial Fixed Assets	178 000	0	0	0
Total Fixed Assets	1 367 000	426 000	719 000	1 113 000
Stock	8 000	8 000	8 000	35 000
Total Investments	0	0	0	0
Cash, Bank	402 000	211 000	613 000	506 000
Total Current Assets	2 518 000	1 644 000	1 332 000	1 478 000
Total Assets	3 885 000	2 070 000	2 050 000	2 591 000
Total Equity	2 291 000	1 550 000	1 519 000	1 808 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	72 000	283 000	392 000
Creditors	1 323 000	276 000	84 000	228 000
Unpaid Taxes	0	95 000	110 000	77 000
Dividends	0	0	0	0
Other Current Debt	0	44 000	54 000	41 000
Total Current Debt	1 495 000	448 000	249 000	392 000
Total Equity and Debt	3 885 000	2 070 000	2 050 000	2 591 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,3 %	2,06 %	−19,03 %	4,98 %
Debt-to-Equity Ratio	0,04	0,05	0,19	0,22
Operating Profit Margin	35,78 %	1,08 %	−18,58 %	3,06 %
Current Ratio	1,68	3,67	5,35	3,77
Quick Ratio	1,69	3,74	5,53	4,14
Equity Ratio	0,59	0,75	0,74	0,7
Gross Profit Margin	69,43 %	44,48 %	69,72 %	45,47 %