GJØLME RØRSERVICE AS

7300 ORKANGER

Finances

Return on Equity

293,47 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 234 000	7 132 000	3 785 000	434 000
Net Income	1 843 000	660 000	464 000	−32 000
Total Assets	4 365 000	2 455 000	1 365 000	261 000
Total Equity	628 000	1 186 000	526 000	62 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 234 000	7 132 000	3 785 000	434 000
Expenditure	8 790 000	6 283 000	3 201 000	466 000
Operating Profit	2 443 000	849 000	585 000	−32 000
Financial Income	0	1 000	0	0
Financial Costs	3 000	4 000	1 000	0
Financial Balance	−3 000	−3 000	−1 000	0
Earnings Before Tax	2 441 000	846 000	584 000	−32 000
Tax	598 000	186 000	120 000	0
Net Income	1 843 000	660 000	464 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	136 000	82 000	31 000
Total Current Assets	4 365 000	2 319 000	1 283 000	230 000
Total Assets	4 365 000	2 455 000	1 365 000	261 000
Total Retained Equity	534 000	1 091 000	432 000	−32 000
Total Equity	628 000	1 186 000	526 000	62 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 736 000	1 269 000	839 000	198 000
Total Equity and Debt	4 365 000	2 455 000	1 365 000	261 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 767 000	7 132 000	3 785 000	434 000
Other Income	1 466 000	0	0	0
Revenue	11 234 000	7 132 000	3 785 000	434 000
Cost of Goods Sold	4 605 000	3 229 000	1 653 000	194 000
Salary Costs	2 936 000	2 316 000	1 132 000	136 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 790 000	6 283 000	3 201 000	466 000
Operating Profit	2 443 000	849 000	585 000	−32 000
Financial Income	0	1 000	0	0
Financial Costs	3 000	4 000	1 000	0
Financial Balance	−3 000	−3 000	−1 000	0
Dividends	2 400 000	0	0	0
Net Income	1 843 000	660 000	464 000	−32 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	136 000	82 000	31 000
Total Fixed Assets	0	136 000	82 000	31 000
Stock	0	418 000	163 000	53 000
Total Investments	0	0	0	0
Cash, Bank	3 708 000	737 000	229 000	99 000
Total Current Assets	4 365 000	2 319 000	1 283 000	230 000
Total Assets	4 365 000	2 455 000	1 365 000	261 000
Total Equity	628 000	1 186 000	526 000	62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	178 000	442 000	357 000	159 000
Unpaid Taxes	433 000	437 000	251 000	57 000
Dividends	2 400 000	0	0	0
Other Current Debt	127 000	204 000	111 000	−18 000
Total Current Debt	3 736 000	1 269 000	839 000	198 000
Total Equity and Debt	4 365 000	2 455 000	1 365 000	261 000

Financial indicators	2022	2021	2020	2019
Return on Equity	293,47 %	55,65 %	88,21 %	−51,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,75 %	11,9 %	15,46 %	−7,37 %
Current Ratio	1,17	1,83	1,53	1,16
Quick Ratio	1,17	2,73	1,9	1,59
Equity Ratio	0,14	0,48	0,39	0,24
Gross Profit Margin	59,01 %	54,73 %	56,33 %	55,3 %