GJØVIK FARGEHANDEL AS

2815 GJØVIK

Finances

Return on Equity

24,7 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 150 000	4 505 000	4 559 000	3 761 000
Net Income	374 000	351 000	898 000	168 000
Total Assets	2 234 000	2 098 000	1 889 000	1 608 000
Total Equity	1 514 000	1 340 000	1 229 000	631 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 150 000	4 505 000	4 559 000	3 761 000
Expenditure	4 673 000	4 060 000	3 445 000	3 540 000
Operating Profit	477 000	445 000	1 116 000	220 000
Financial Income	5 000	6 000	7 000	0
Financial Costs	2 000	1 000	2 000	4 000
Financial Balance	3 000	5 000	5 000	−4 000
Earnings Before Tax	480 000	450 000	1 122 000	217 000
Tax	106 000	99 000	224 000	49 000
Net Income	374 000	351 000	898 000	168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	113 000	154 000	186 000
Total Current Assets	2 156 000	1 985 000	1 735 000	1 422 000
Total Assets	2 234 000	2 098 000	1 889 000	1 608 000
Total Retained Equity	1 484 000	1 310 000	1 199 000	601 000
Total Equity	1 514 000	1 340 000	1 229 000	631 000
Total Long-Term Debt	1 000	9 000	0	260 000
Total Current Debt	719 000	749 000	660 000	717 000
Total Equity and Debt	2 234 000	2 098 000	1 889 000	1 608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 054 000	4 409 000	4 360 000	3 659 000
Other Income	96 000	96 000	200 000	102 000
Revenue	5 150 000	4 505 000	4 559 000	3 761 000
Cost of Goods Sold	3 007 000	2 521 000	2 231 000	2 067 000
Salary Costs	969 000	947 000	593 000	921 000
Depreciation	36 000	36 000	37 000	36 000
Impairment	0	0	0	0
Expenditure	4 673 000	4 060 000	3 445 000	3 540 000
Operating Profit	477 000	445 000	1 116 000	220 000
Financial Income	5 000	6 000	7 000	0
Financial Costs	2 000	1 000	2 000	4 000
Financial Balance	3 000	5 000	5 000	−4 000
Dividends	200 000	240 000	300 000	0
Net Income	374 000	351 000	898 000	168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	75 000	111 000	147 000	184 000
Total Tangible Assets	75 000	111 000	147 000	184 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	77 000	113 000	154 000	186 000
Stock	1 299 000	903 000	745 000	735 000
Total Investments	0	0	0	0
Cash, Bank	601 000	763 000	396 000	336 000
Total Current Assets	2 156 000	1 985 000	1 735 000	1 422 000
Total Assets	2 234 000	2 098 000	1 889 000	1 608 000
Total Equity	1 514 000	1 340 000	1 229 000	631 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	9 000	0	260 000
Creditors	247 000	242 000	223 000	469 000
Unpaid Taxes	249 000	185 000	90 000	119 000
Dividends	200 000	240 000	300 000	0
Other Current Debt	108 000	97 000	109 000	79 000
Total Current Debt	719 000	749 000	660 000	717 000
Total Equity and Debt	2 234 000	2 098 000	1 889 000	1 608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,7 %	26,19 %	73,07 %	26,62 %
Debt-to-Equity Ratio	0	0,01	0	0,41
Operating Profit Margin	9,26 %	9,88 %	24,48 %	5,85 %
Current Ratio	3	2,65	2,63	1,98
Quick Ratio	−3,72	−12,89	−20,41	−79
Equity Ratio	0,68	0,64	0,65	0,39
Gross Profit Margin	41,61 %	44,04 %	51,06 %	45,04 %