GIERMACH INVEST AS

1433 ÅS

Finances

Return on Equity

5,17 %

Current Ratio

Debt-to-Equity Ratio

−6,45

Key figures (NOK)	2020	2019	2018	2017
Revenue	0	0	0	0
Net Income	−15 000	−73 000	−39 000	−32 000
Total Assets	1 997 000	1 882 000	1 783 000	1 683 000
Total Equity	−290 000	−275 000	−203 000	−164 000

Income (NOK)	2020	2019	2018	2017
Revenue	0	0	0	0
Expenditure	15 000	23 000	10 000	9 000
Operating Profit	−15 000	−23 000	−10 000	−9 000
Financial Income	0	0	0	0
Financial Costs	0	49 000	29 000	23 000
Financial Balance	0	−49 000	−29 000	−23 000
Earnings Before Tax	−15 000	−73 000	−39 000	−32 000
Tax	0	0	0	0
Net Income	−15 000	−73 000	−39 000	−32 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	1 996 000	1 880 000	1 780 000	1 680 000
Total Current Assets	1 000	2 000	3 000	3 000
Total Assets	1 997 000	1 882 000	1 783 000	1 683 000
Total Retained Equity	−320 000	−305 000	−233 000	−194 000
Total Equity	−290 000	−275 000	−203 000	−164 000
Total Long-Term Debt	1 871 000	1 857 000	1 734 000	1 724 000
Total Current Debt	417 000	301 000	251 000	123 000
Total Equity and Debt	1 997 000	1 882 000	1 783 000	1 683 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	15 000	23 000	10 000	9 000
Operating Profit	−15 000	−23 000	−10 000	−9 000
Financial Income	0	0	0	0
Financial Costs	0	49 000	29 000	23 000
Financial Balance	0	−49 000	−29 000	−23 000
Dividends	0	0	0	0
Net Income	−15 000	−73 000	−39 000	−32 000

Balance details (NOK)	2020	2019	2018	2017
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 996 000	1 880 000	1 780 000	1 680 000
Total Fixed Assets	1 996 000	1 880 000	1 780 000	1 680 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	2 000	3 000	3 000
Total Current Assets	1 000	2 000	3 000	3 000
Total Assets	1 997 000	1 882 000	1 783 000	1 683 000
Total Equity	−290 000	−275 000	−203 000	−164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 871 000	1 857 000	1 734 000	1 724 000
Creditors	297 000	301 000	251 000	123 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	120 000	0	0	0
Total Current Debt	417 000	301 000	251 000	123 000
Total Equity and Debt	1 997 000	1 882 000	1 783 000	1 683 000

Financial indicators	2020	2019	2018	2017
Return on Equity	5,17 %	26,55 %	19,21 %	19,51 %
Debt-to-Equity Ratio	−6,45	−6,75	−8,54	−10,51
Operating Profit Margin	-	-	-	-
Current Ratio	0	0,01	0,01	0,02
Quick Ratio	0	0,01	0,01	0,02
Equity Ratio	−0,15	−0,15	−0,11	−0,1
Gross Profit Margin	-	-	-	-