GALAXSEA AS

1397 NESØYA

Finances

Share Ownership

Return on Equity

18,61 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 611 000	2 958 000	5 338 000	5 060 000
Net Income	227 000	−278 000	669 000	374 000
Total Assets	1 862 000	1 714 000	2 393 000	2 082 000
Total Equity	1 220 000	1 293 000	1 571 000	902 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 611 000	2 958 000	5 338 000	5 060 000
Expenditure	2 384 000	3 235 000	4 478 000	4 595 000
Operating Profit	227 000	−277 000	859 000	465 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	1 000	2 000	0
Financial Balance	1 000	−1 000	−2 000	1 000
Earnings Before Tax	227 000	−278 000	858 000	466 000
Tax	0	0	189 000	92 000
Net Income	227 000	−278 000	669 000	374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	595 000	536 000	517 000	367 000
Total Current Assets	1 267 000	1 177 000	1 876 000	1 715 000
Total Assets	1 862 000	1 714 000	2 393 000	2 082 000
Total Retained Equity	1 070 000	1 143 000	1 421 000	752 000
Total Equity	1 220 000	1 293 000	1 571 000	902 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	642 000	420 000	822 000	1 180 000
Total Equity and Debt	1 862 000	1 714 000	2 393 000	2 082 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 611 000	2 958 000	5 338 000	5 060 000
Other Income	0	0	0	0
Revenue	2 611 000	2 958 000	5 338 000	5 060 000
Cost of Goods Sold	2 189 000	2 868 000	4 032 000	3 867 000
Salary Costs	0	139 000	212 000	484 000
Depreciation	112 000	75 000	59 000	52 000
Impairment	0	0	0	0
Expenditure	2 384 000	3 235 000	4 478 000	4 595 000
Operating Profit	227 000	−277 000	859 000	465 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	1 000	2 000	0
Financial Balance	1 000	−1 000	−2 000	1 000
Dividends	0	0	0	0
Net Income	227 000	−278 000	669 000	374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	595 000	536 000	517 000	367 000
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	595 000	536 000	517 000	367 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	739 000	743 000	939 000	787 000
Total Current Assets	1 267 000	1 177 000	1 876 000	1 715 000
Total Assets	1 862 000	1 714 000	2 393 000	2 082 000
Total Equity	1 220 000	1 293 000	1 571 000	902 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	220 000	9 000	214 000	66 000
Unpaid Taxes	26 000	22 000	1 000	152 000
Dividends	0	0	0	0
Other Current Debt	395 000	390 000	419 000	871 000
Total Current Debt	642 000	420 000	822 000	1 180 000
Total Equity and Debt	1 862 000	1 714 000	2 393 000	2 082 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,61 %	−21,5 %	42,58 %	41,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,69 %	−9,36 %	16,09 %	9,19 %
Current Ratio	1,97	2,8	2,28	1,45
Quick Ratio	1,97	2,8	2,28	1,45
Equity Ratio	0,66	0,75	0,66	0,43
Gross Profit Margin	16,16 %	3,04 %	24,47 %	23,58 %