GIMRE KULDE & MEKANISKE AS

4053 RÆGE

Finances

Share Ownership

Return on Equity

15,61 %

Current Ratio

16,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	806 000	1 007 000	1 052 000	1 597 000
Net Income	360 000	308 000	231 000	333 000
Total Assets	2 440 000	2 238 000	1 806 000	1 659 000
Total Equity	2 306 000	1 946 000	1 638 000	1 407 000

Income (NOK)	2022	2021	2020	2019
Revenue	806 000	1 007 000	1 052 000	1 597 000
Expenditure	366 000	618 000	773 000	1 191 000
Operating Profit	440 000	389 000	278 000	407 000
Financial Income	13 000	5 000	16 000	1 000
Financial Costs	1 000	0	0	0
Financial Balance	12 000	5 000	16 000	1 000
Earnings Before Tax	453 000	394 000	294 000	408 000
Tax	93 000	86 000	63 000	75 000
Net Income	360 000	308 000	231 000	333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	265 000	0	0	0
Total Current Assets	2 175 000	2 238 000	1 806 000	1 659 000
Total Assets	2 440 000	2 238 000	1 806 000	1 659 000
Total Retained Equity	0	1 916 000	1 608 000	1 377 000
Total Equity	2 306 000	1 946 000	1 638 000	1 407 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	134 000	292 000	168 000	252 000
Total Equity and Debt	2 440 000	2 238 000	1 806 000	1 659 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	806 000	1 007 000	1 052 000	1 597 000
Other Income	0	0	0	0
Revenue	806 000	1 007 000	1 052 000	1 597 000
Cost of Goods Sold	212 000	324 000	370 000	483 000
Salary Costs	70 000	272 000	376 000	666 000
Depreciation	35 000	0	0	0
Impairment	0	0	0	4 000
Expenditure	366 000	618 000	773 000	1 191 000
Operating Profit	440 000	389 000	278 000	407 000
Financial Income	13 000	5 000	16 000	1 000
Financial Costs	1 000	0	0	0
Financial Balance	12 000	5 000	16 000	1 000
Dividends	0	0	0	0
Net Income	360 000	308 000	231 000	333 000

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	265 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	265 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	265 000	0	0	0
Stock	0	0	4 000	2 000
Total Investments	0	0	0	0
Cash, Bank	2 095 000	2 087 000	1 643 000	1 485 000
Total Current Assets	2 175 000	2 238 000	1 806 000	1 659 000
Total Assets	2 440 000	2 238 000	1 806 000	1 659 000
Total Equity	2 306 000	1 946 000	1 638 000	1 407 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	101 000	23 000	27 000
Unpaid Taxes	22 000	0	51 000	90 000
Dividends	0	0	0	0
Other Current Debt	3 000	105 000	32 000	59 000
Total Current Debt	134 000	292 000	168 000	252 000
Total Equity and Debt	2 440 000	2 238 000	1 806 000	1 659 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,61 %	15,83 %	14,1 %	23,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	54,59 %	38,63 %	26,43 %	25,49 %
Current Ratio	16,23	7,66	10,75	6,58
Quick Ratio	16,23	7,66	11,01	6,64
Equity Ratio	0,95	0,87	0,91	0,85
Gross Profit Margin	73,7 %	67,83 %	64,83 %	69,76 %