GN HEARING NORWAY AS

0667 OSLO

Finances

Share Ownership

Return on Equity

13,68 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 106 000	78 585 000	94 208 000	141 647 000
Net Income	1 497 000	1 826 000	1 750 000	3 199 000
Total Assets	29 592 000	40 430 000	38 856 000	53 191 000
Total Equity	10 944 000	8 817 000	6 825 000	4 797 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 106 000	78 585 000	94 208 000	141 647 000
Expenditure	60 588 000	75 787 000	91 151 000	136 546 000
Operating Profit	2 518 000	2 797 000	3 057 000	5 101 000
Financial Income	2 000	22 000	136 000	7 000
Financial Costs	520 000	431 000	919 000	958 000
Financial Balance	−518 000	−409 000	−783 000	−951 000
Earnings Before Tax	2 000 000	2 388 000	2 273 000	4 149 000
Tax	503 000	562 000	523 000	950 000
Net Income	1 497 000	1 826 000	1 750 000	3 199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 343 000	3 021 000	1 856 000	1 827 000
Total Current Assets	27 249 000	37 409 000	37 000 000	51 363 000
Total Assets	29 592 000	40 430 000	38 856 000	53 191 000
Total Retained Equity	8 944 000	6 817 000	0	0
Total Equity	10 944 000	8 817 000	6 825 000	4 797 000
Total Long-Term Debt	903 000	1 107 000	1 410 000	2 028 000
Total Current Debt	17 746 000	30 506 000	30 621 000	46 366 000
Total Equity and Debt	29 592 000	40 430 000	38 856 000	53 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 106 000	78 585 000	94 208 000	141 647 000
Other Income	0	0	0	0
Revenue	63 106 000	78 585 000	94 208 000	141 647 000
Cost of Goods Sold	41 057 000	56 050 000	68 665 000	112 954 000
Salary Costs	11 536 000	12 296 000	15 035 000	16 517 000
Depreciation	0	0	41 000	41 000
Impairment	0	0	0	0
Expenditure	60 588 000	75 787 000	91 151 000	136 546 000
Operating Profit	2 518 000	2 797 000	3 057 000	5 101 000
Financial Income	2 000	22 000	136 000	7 000
Financial Costs	520 000	431 000	919 000	958 000
Financial Balance	−518 000	−409 000	−783 000	−951 000
Dividends	0	0	0	0
Net Income	1 497 000	1 826 000	1 750 000	3 199 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 343 000	3 021 000	1 856 000	1 781 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	46 000
Total Tangible Assets	0	0	0	46 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 343 000	3 021 000	1 856 000	1 827 000
Stock	9 671 000	18 927 000	17 919 000	25 172 000
Total Investments	0	0	0	0
Cash, Bank	6 676 000	6 408 000	7 571 000	5 339 000
Total Current Assets	27 249 000	37 409 000	37 000 000	51 363 000
Total Assets	29 592 000	40 430 000	38 856 000	53 191 000
Total Equity	10 944 000	8 817 000	6 825 000	4 797 000
Short-Term Group Debt	12 478 000	21 882 000	17 367 000	35 603 000
Total Long-Term Debt	903 000	1 107 000	1 410 000	2 028 000
Creditors	558 000	316 000	606 000	1 268 000
Unpaid Taxes	3 465 000	4 421 000	5 110 000	6 556 000
Dividends	0	0	0	0
Other Current Debt	1 245 000	2 114 000	6 843 000	2 758 000
Total Current Debt	17 746 000	30 506 000	30 621 000	46 366 000
Total Equity and Debt	29 592 000	40 430 000	38 856 000	53 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,68 %	20,71 %	25,64 %	66,69 %
Debt-to-Equity Ratio	0,08	0,13	0,21	0,42
Operating Profit Margin	3,99 %	3,56 %	3,24 %	3,6 %
Current Ratio	1,54	1,23	1,21	1,11
Quick Ratio	3,37	3,23	2,91	2,42
Equity Ratio	0,37	0,22	0,18	0,09
Gross Profit Margin	34,94 %	28,68 %	27,11 %	20,26 %