GUSTAV NORGE AS

3218 SANDEFJORD

Finances

Share Ownership

Return on Equity

13,31 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	11 178 000	7 967 000	7 450 000	8 870 000
Net Income	295 000	171 000	169 000	144 000
Total Assets	5 474 000	3 036 000	3 176 000	2 956 000
Total Equity	2 216 000	1 921 000	1 749 000	1 581 000

Income (NOK)	2023	2022	2021	2020
Revenue	11 178 000	7 967 000	7 450 000	8 870 000
Expenditure	10 749 000	7 634 000	7 160 000	8 553 000
Operating Profit	429 000	333 000	290 000	317 000
Financial Income	93 000	16 000	42 000	45 000
Financial Costs	144 000	129 000	115 000	177 000
Financial Balance	−51 000	−113 000	−73 000	−132 000
Earnings Before Tax	378 000	220 000	216 000	185 000
Tax	83 000	48 000	47 000	41 000
Net Income	295 000	171 000	169 000	144 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	40 000	24 000	51 000	20 000
Total Current Assets	5 434 000	3 012 000	3 125 000	2 936 000
Total Assets	5 474 000	3 036 000	3 176 000	2 956 000
Total Retained Equity	2 116 000	1 821 000	1 649 000	1 481 000
Total Equity	2 216 000	1 921 000	1 749 000	1 581 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 258 000	1 116 000	1 426 000	1 375 000
Total Equity and Debt	5 474 000	3 036 000	3 176 000	2 956 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	10 717 000	8 319 000	7 238 000	7 934 000
Other Income	462 000	−352 000	211 000	936 000
Revenue	11 178 000	7 967 000	7 450 000	8 870 000
Cost of Goods Sold	5 714 000	4 251 000	4 053 000	4 675 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 749 000	7 634 000	7 160 000	8 553 000
Operating Profit	429 000	333 000	290 000	317 000
Financial Income	93 000	16 000	42 000	45 000
Financial Costs	144 000	129 000	115 000	177 000
Financial Balance	−51 000	−113 000	−73 000	−132 000
Dividends	0	0	0	0
Net Income	295 000	171 000	169 000	144 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	40 000	24 000	51 000	20 000
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	40 000	24 000	51 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 288 000	707 000	425 000	786 000
Total Current Assets	5 434 000	3 012 000	3 125 000	2 936 000
Total Assets	5 474 000	3 036 000	3 176 000	2 956 000
Total Equity	2 216 000	1 921 000	1 749 000	1 581 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	156 000	0	111 000	170 000
Unpaid Taxes	301 000	399 000	418 000	279 000
Dividends	0	0	0	0
Other Current Debt	2 702 000	616 000	1 025 000	797 000
Total Current Debt	3 258 000	1 116 000	1 426 000	1 375 000
Total Equity and Debt	5 474 000	3 036 000	3 176 000	2 956 000

Financial indicators	2023	2022	2021	2020
Return on Equity	13,31 %	8,9 %	9,66 %	9,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,84 %	4,18 %	3,89 %	3,57 %
Current Ratio	1,67	2,7	2,19	2,14
Quick Ratio	1,67	2,7	2,19	2,14
Equity Ratio	0,4	0,63	0,55	0,53
Gross Profit Margin	48,88 %	46,64 %	45,6 %	47,29 %