GODLAG AS

5015 BERGEN

Finances

Share Ownership

Return on Equity

17,62 %

Current Ratio

0,61

Debt-to-Equity Ratio

−0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 801 000	1 777 000	1 793 000	3 515 000
Net Income	−940 000	−287 000	−524 000	−500 000
Total Assets	370 000	526 000	640 000	864 000
Total Equity	−5 335 000	−4 395 000	−4 108 000	−3 584 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 801 000	1 777 000	1 793 000	3 515 000
Expenditure	2 741 000	2 064 000	2 313 000	4 007 000
Operating Profit	−940 000	−287 000	−520 000	−491 000
Financial Income	0	0	0	0
Financial Costs	0	0	4 000	9 000
Financial Balance	0	0	−4 000	−9 000
Earnings Before Tax	−940 000	−287 000	−524 000	−500 000
Tax	0	0	0	0
Net Income	−940 000	−287 000	−524 000	−500 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	93 000	232 000	316 000	510 000
Total Current Assets	277 000	294 000	324 000	354 000
Total Assets	370 000	526 000	640 000	864 000
Total Retained Equity	−5 446 000	−4 505 000	−4 218 000	−3 695 000
Total Equity	−5 335 000	−4 395 000	−4 108 000	−3 584 000
Total Long-Term Debt	5 254 000	4 518 000	4 466 000	3 969 000
Total Current Debt	451 000	402 000	282 000	479 000
Total Equity and Debt	370 000	526 000	640 000	864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 611 000	1 416 000	1 693 000	3 433 000
Other Income	190 000	361 000	100 000	83 000
Revenue	1 801 000	1 777 000	1 793 000	3 515 000
Cost of Goods Sold	479 000	395 000	547 000	1 179 000
Salary Costs	1 172 000	776 000	793 000	1 585 000
Depreciation	158 000	146 000	194 000	287 000
Impairment	0	0	0	0
Expenditure	2 741 000	2 064 000	2 313 000	4 007 000
Operating Profit	−940 000	−287 000	−520 000	−491 000
Financial Income	0	0	0	0
Financial Costs	0	0	4 000	9 000
Financial Balance	0	0	−4 000	−9 000
Dividends	0	0	0	0
Net Income	−940 000	−287 000	−524 000	−500 000

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	93 000	232 000	316 000	510 000
Total Tangible Assets	93 000	232 000	316 000	510 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	93 000	232 000	316 000	510 000
Stock	91 000	78 000	48 000	73 000
Total Investments	0	0	0	0
Cash, Bank	107 000	46 000	115 000	117 000
Total Current Assets	277 000	294 000	324 000	354 000
Total Assets	370 000	526 000	640 000	864 000
Total Equity	−5 335 000	−4 395 000	−4 108 000	−3 584 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 254 000	4 518 000	4 466 000	3 969 000
Creditors	177 000	153 000	87 000	79 000
Unpaid Taxes	61 000	71 000	60 000	163 000
Dividends	0	0	0	0
Other Current Debt	213 000	179 000	135 000	237 000
Total Current Debt	451 000	402 000	282 000	479 000
Total Equity and Debt	370 000	526 000	640 000	864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,62 %	6,53 %	12,76 %	13,95 %
Debt-to-Equity Ratio	−0,98	−1,03	−1,09	−1,11
Operating Profit Margin	−52,19 %	−16,15 %	−29 %	−13,97 %
Current Ratio	0,61	0,73	1,15	0,74
Quick Ratio	0,77	0,91	1,38	0,87
Equity Ratio	−14,42	−8,36	−6,42	−4,15
Gross Profit Margin	73,4 %	77,77 %	69,49 %	66,46 %