GTM BEDRIFTSUTVIKLING AS

7892 TRONES

Finances

Return on Equity

19,8 %

Current Ratio

12,44

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	463 000	450 000	701 000	954 000
Net Income	241 000	222 000	126 000	169 000
Total Assets	1 693 000	1 134 000	1 130 000	1 129 000
Total Equity	1 217 000	641 000	420 000	279 000

Income (NOK)	2022	2021	2020	2019
Revenue	463 000	450 000	701 000	954 000
Expenditure	154 000	165 000	541 000	804 000
Operating Profit	309 000	284 000	159 000	150 000
Financial Income	0	0	1 000	52 000
Financial Costs	0	62 000	0	0
Financial Balance	0	−62 000	1 000	52 000
Earnings Before Tax	309 000	222 000	161 000	202 000
Tax	68 000	0	35 000	33 000
Net Income	241 000	222 000	126 000	169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	736 000	753 000	617 000	522 000
Total Current Assets	958 000	380 000	513 000	607 000
Total Assets	1 693 000	1 134 000	1 130 000	1 129 000
Total Retained Equity	0	611 000	390 000	249 000
Total Equity	1 217 000	641 000	420 000	279 000
Total Long-Term Debt	400 000	400 000	592 000	592 000
Total Current Debt	77 000	93 000	118 000	258 000
Total Equity and Debt	1 693 000	1 134 000	1 130 000	1 129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	458 000	450 000	701 000	954 000
Other Income	5 000	0	0	0
Revenue	463 000	450 000	701 000	954 000
Cost of Goods Sold	9 000	0	0	0
Salary Costs	0	70 000	490 000	710 000
Depreciation	38 000	14 000	0	0
Impairment	0	0	0	0
Expenditure	154 000	165 000	541 000	804 000
Operating Profit	309 000	284 000	159 000	150 000
Financial Income	0	0	1 000	52 000
Financial Costs	0	62 000	0	0
Financial Balance	0	−62 000	1 000	52 000
Dividends	0	0	0	0
Net Income	241 000	222 000	126 000	169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	80 000	50 000	50 000	0
Machinery and Plant Facilities	119 000	166 000	30 000	0
Fixtures	0	0	0	0
Total Tangible Assets	198 000	216 000	80 000	0
Total Fiancial Fixed Assets	537 000	537 000	537 000	522 000
Total Fixed Assets	736 000	753 000	617 000	522 000
Stock	0	0	0	0
Total Investments	571 000	237 000	237 000	133 000
Cash, Bank	337 000	97 000	229 000	336 000
Total Current Assets	958 000	380 000	513 000	607 000
Total Assets	1 693 000	1 134 000	1 130 000	1 129 000
Total Equity	1 217 000	641 000	420 000	279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	400 000	400 000	592 000	592 000
Creditors	0	37 000	0	0
Unpaid Taxes	9 000	47 000	38 000	138 000
Dividends	0	0	0	0
Other Current Debt	0	9 000	45 000	87 000
Total Current Debt	77 000	93 000	118 000	258 000
Total Equity and Debt	1 693 000	1 134 000	1 130 000	1 129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,8 %	34,63 %	30 %	60,57 %
Debt-to-Equity Ratio	0,33	0,62	1,41	2,12
Operating Profit Margin	66,74 %	63,11 %	22,68 %	15,72 %
Current Ratio	12,44	4,09	4,35	2,35
Quick Ratio	12,44	4,09	4,35	2,35
Equity Ratio	0,72	0,57	0,37	0,25
Gross Profit Margin	98,06 %	100 %	100 %	100 %