GEFO RØRSERVICE AS

5004 BERGEN

Finances

Return on Equity

108,5 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 693 000	7 611 000	6 806 000	6 885 000
Net Income	740 000	878 000	571 000	420 000
Total Assets	2 386 000	2 509 000	2 299 000	2 239 000
Total Equity	682 000	543 000	345 000	374 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 693 000	7 611 000	6 806 000	6 885 000
Expenditure	6 748 000	6 484 000	6 069 000	6 342 000
Operating Profit	945 000	1 127 000	737 000	543 000
Financial Income	1 000	2 000	2 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	1 000	2 000	1 000	1 000
Earnings Before Tax	946 000	1 129 000	738 000	544 000
Tax	207 000	251 000	167 000	124 000
Net Income	740 000	878 000	571 000	420 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	105 000	150 000	127 000
Total Current Assets	2 278 000	2 404 000	2 149 000	2 113 000
Total Assets	2 386 000	2 509 000	2 299 000	2 239 000
Total Retained Equity	620 000	480 000	282 000	311 000
Total Equity	682 000	543 000	345 000	374 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 703 000	1 966 000	1 954 000	1 866 000
Total Equity and Debt	2 386 000	2 509 000	2 299 000	2 239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 622 000	7 353 000	6 806 000	6 885 000
Other Income	71 000	258 000	0	0
Revenue	7 693 000	7 611 000	6 806 000	6 885 000
Cost of Goods Sold	3 190 000	3 062 000	2 752 000	2 826 000
Salary Costs	2 301 000	2 167 000	2 185 000	2 346 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 748 000	6 484 000	6 069 000	6 342 000
Operating Profit	945 000	1 127 000	737 000	543 000
Financial Income	1 000	2 000	2 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	1 000	2 000	1 000	1 000
Dividends	600 000	680 000	600 000	500 000
Net Income	740 000	878 000	571 000	420 000

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	107 000	105 000	150 000	127 000
Total Fixed Assets	107 000	105 000	150 000	127 000
Stock	40 000	40 000	40 000	40 000
Total Investments	0	0	0	0
Cash, Bank	917 000	536 000	898 000	1 101 000
Total Current Assets	2 278 000	2 404 000	2 149 000	2 113 000
Total Assets	2 386 000	2 509 000	2 299 000	2 239 000
Total Equity	682 000	543 000	345 000	374 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	216 000	687 000	543 000	593 000
Unpaid Taxes	469 000	389 000	439 000	429 000
Dividends	600 000	680 000	600 000	500 000
Other Current Debt	212 000	239 000	205 000	217 000
Total Current Debt	1 703 000	1 966 000	1 954 000	1 866 000
Total Equity and Debt	2 386 000	2 509 000	2 299 000	2 239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108,5 %	161,69 %	165,51 %	112,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,28 %	14,81 %	10,83 %	7,89 %
Current Ratio	1,34	1,22	1,1	1,13
Quick Ratio	1,37	1,25	1,12	1,16
Equity Ratio	0,29	0,22	0,15	0,17
Gross Profit Margin	58,53 %	59,77 %	59,57 %	58,95 %