Georg Eknes Industrier AS

5913 EIKANGERVÅG

Finances

Share Ownership

Return on Equity

27,81 %

Current Ratio

2,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 527 000	16 228 000	11 294 000	23 562 000
Net Income	3 570 000	−662 000	−703 000	773 000
Total Assets	19 542 000	17 628 000	13 474 000	16 282 000
Total Equity	12 839 000	9 590 000	10 792 000	11 495 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 527 000	16 228 000	11 294 000	23 562 000
Expenditure	31 121 000	16 916 000	12 101 000	22 668 000
Operating Profit	4 404 000	−688 000	−807 000	894 000
Financial Income	276 000	75 000	44 000	205 000
Financial Costs	105 000	49 000	111 000	93 000
Financial Balance	171 000	26 000	−67 000	112 000
Earnings Before Tax	4 576 000	−662 000	−875 000	1 006 000
Tax	1 005 000	0	−172 000	233 000
Net Income	3 570 000	−662 000	−703 000	773 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 373 000	1 215 000	1 469 000	1 969 000
Total Current Assets	17 169 000	16 413 000	12 006 000	14 313 000
Total Assets	19 542 000	17 628 000	13 474 000	16 282 000
Total Retained Equity	10 989 000	7 740 000	8 942 000	9 645 000
Total Equity	12 839 000	9 590 000	10 792 000	11 495 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 703 000	8 038 000	2 683 000	4 787 000
Total Equity and Debt	19 542 000	17 628 000	13 474 000	16 282 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 527 000	15 330 000	10 533 000	23 562 000
Other Income	0	898 000	761 000	0
Revenue	35 527 000	16 228 000	11 294 000	23 562 000
Cost of Goods Sold	16 039 000	7 138 000	3 789 000	9 361 000
Salary Costs	10 027 000	5 771 000	4 741 000	8 514 000
Depreciation	290 000	571 000	628 000	611 000
Impairment	0	0	0	0
Expenditure	31 121 000	16 916 000	12 101 000	22 668 000
Operating Profit	4 404 000	−688 000	−807 000	894 000
Financial Income	276 000	75 000	44 000	205 000
Financial Costs	105 000	49 000	111 000	93 000
Financial Balance	171 000	26 000	−67 000	112 000
Dividends	321 000	540 000	0	0
Net Income	3 570 000	−662 000	−703 000	773 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	245 000	245 000	0	0
Real Eastate	759 000	833 000	234 000	234 000
Machinery and Plant Facilities	1 277 000	127 000	1 235 000	1 735 000
Fixtures	92 000	10 000	0	0
Total Tangible Assets	2 127 000	970 000	1 469 000	1 969 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 373 000	1 215 000	1 469 000	1 969 000
Stock	8 235 000	8 502 000	8 267 000	9 226 000
Total Investments	0	0	0	0
Cash, Bank	7 137 000	6 998 000	1 706 000	2 463 000
Total Current Assets	17 169 000	16 413 000	12 006 000	14 313 000
Total Assets	19 542 000	17 628 000	13 474 000	16 282 000
Total Equity	12 839 000	9 590 000	10 792 000	11 495 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 282 000	2 263 000	1 257 000	1 296 000
Unpaid Taxes	636 000	565 000	334 000	623 000
Dividends	321 000	540 000	0	0
Other Current Debt	3 459 000	4 941 000	1 092 000	2 635 000
Total Current Debt	6 703 000	8 038 000	2 683 000	4 787 000
Total Equity and Debt	19 542 000	17 628 000	13 474 000	16 282 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,81 %	−6,9 %	−6,51 %	6,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,4 %	−4,24 %	−7,15 %	3,79 %
Current Ratio	2,56	2,04	4,47	2,99
Quick Ratio	−11,21	−35,37	−2,15	−3,22
Equity Ratio	0,66	0,54	0,8	0,71
Gross Profit Margin	54,85 %	56,01 %	66,45 %	60,27 %