GALAPAGOS AS

2033 ÅSGREINA

Finances

Share Ownership

Return on Equity

−5,25 %

Current Ratio

0,5

Debt-to-Equity Ratio

20,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	709 000	755 000	133 000	475 000
Net Income	−28 000	67 000	22 000	−27 000
Total Assets	11 946 000	7 457 000	519 000	610 000
Total Equity	533 000	561 000	493 000	471 000

Income (NOK)	2022	2021	2020	2019
Revenue	709 000	755 000	133 000	475 000
Expenditure	463 000	597 000	111 000	501 000
Operating Profit	245 000	157 000	22 000	−27 000
Financial Income	0	4 000	0	0
Financial Costs	273 000	76 000	0	0
Financial Balance	−273 000	−72 000	0	0
Earnings Before Tax	−28 000	85 000	22 000	−27 000
Tax	0	18 000	0	0
Net Income	−28 000	67 000	22 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 712 000	7 098 000	0	0
Total Current Assets	234 000	359 000	519 000	610 000
Total Assets	11 946 000	7 457 000	519 000	610 000
Total Retained Equity	483 000	511 000	443 000	421 000
Total Equity	533 000	561 000	493 000	471 000
Total Long-Term Debt	10 946 000	6 545 000	0	0
Total Current Debt	467 000	351 000	25 000	139 000
Total Equity and Debt	11 946 000	7 457 000	519 000	610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	379 000	755 000	133 000	475 000
Other Income	329 000	0	0	0
Revenue	709 000	755 000	133 000	475 000
Cost of Goods Sold	0	0	0	0
Salary Costs	214 000	426 000	1 000	431 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	463 000	597 000	111 000	501 000
Operating Profit	245 000	157 000	22 000	−27 000
Financial Income	0	4 000	0	0
Financial Costs	273 000	76 000	0	0
Financial Balance	−273 000	−72 000	0	0
Dividends	0	0	0	0
Net Income	−28 000	67 000	22 000	−27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 712 000	7 098 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 712 000	7 098 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 712 000	7 098 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	230 000	359 000	214 000	610 000
Total Current Assets	234 000	359 000	519 000	610 000
Total Assets	11 946 000	7 457 000	519 000	610 000
Total Equity	533 000	561 000	493 000	471 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 946 000	6 545 000	0	0
Creditors	11 000	43 000	−1 000	0
Unpaid Taxes	95 000	200 000	26 000	102 000
Dividends	0	0	0	0
Other Current Debt	361 000	90 000	0	37 000
Total Current Debt	467 000	351 000	25 000	139 000
Total Equity and Debt	11 946 000	7 457 000	519 000	610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,25 %	11,94 %	4,46 %	−5,73 %
Debt-to-Equity Ratio	20,54	11,67	0	0
Operating Profit Margin	34,56 %	20,79 %	16,54 %	−5,68 %
Current Ratio	0,5	1,02	20,76	4,39
Quick Ratio	0,5	1,02	20,76	4,39
Equity Ratio	0,04	0,08	0,95	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %