GJØEN VVS AS

5347 ÅGOTNES

Finances

Share Ownership

Return on Equity

205,5 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 080 000	19 978 000	16 764 000	23 438 000
Net Income	1 868 000	200 000	−117 000	−2 218 000
Total Assets	5 924 000	4 729 000	4 824 000	4 318 000
Total Equity	909 000	−617 000	−817 000	−1 500 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 080 000	19 978 000	16 764 000	23 438 000
Expenditure	21 193 000	19 828 000	16 859 000	25 658 000
Operating Profit	1 888 000	151 000	−95 000	−2 221 000
Financial Income	7 000	103 000	12 000	54 000
Financial Costs	27 000	54 000	59 000	52 000
Financial Balance	−20 000	49 000	−47 000	2 000
Earnings Before Tax	1 868 000	200 000	−142 000	−2 218 000
Tax	0	0	−26 000	0
Net Income	1 868 000	200 000	−117 000	−2 218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 000	107 000	129 000	165 000
Total Current Assets	5 830 000	4 621 000	4 695 000	4 154 000
Total Assets	5 924 000	4 729 000	4 824 000	4 318 000
Total Retained Equity	0	−1 761 000	−1 962 000	−1 845 000
Total Equity	909 000	−617 000	−817 000	−1 500 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 015 000	5 345 000	5 641 000	5 818 000
Total Equity and Debt	5 924 000	4 729 000	4 824 000	4 318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 720 000	19 645 000	16 391 000	23 438 000
Other Income	−640 000	333 000	373 000	0
Revenue	23 080 000	19 978 000	16 764 000	23 438 000
Cost of Goods Sold	9 071 000	8 719 000	6 376 000	13 493 000
Salary Costs	9 762 000	8 861 000	8 279 000	9 880 000
Depreciation	13 000	18 000	36 000	45 000
Impairment	0	0	0	0
Expenditure	21 193 000	19 828 000	16 859 000	25 658 000
Operating Profit	1 888 000	151 000	−95 000	−2 221 000
Financial Income	7 000	103 000	12 000	54 000
Financial Costs	27 000	54 000	59 000	52 000
Financial Balance	−20 000	49 000	−47 000	2 000
Dividends	500 000	0	0	0
Net Income	1 868 000	200 000	−117 000	−2 218 000

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	0	0	0	0
Fixtures	19 000	32 000	54 000	90 000
Total Tangible Assets	19 000	32 000	54 000	90 000
Total Fiancial Fixed Assets	75 000	75 000	75 000	75 000
Total Fixed Assets	94 000	107 000	129 000	165 000
Stock	895 000	1 005 000	1 140 000	1 022 000
Total Investments	0	0	0	0
Cash, Bank	1 269 000	351 000	303 000	274 000
Total Current Assets	5 830 000	4 621 000	4 695 000	4 154 000
Total Assets	5 924 000	4 729 000	4 824 000	4 318 000
Total Equity	909 000	−617 000	−817 000	−1 500 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	670 000	835 000	373 000	18 000
Unpaid Taxes	1 321 000	1 061 000	1 419 000	1 022 000
Dividends	500 000	0	0	0
Other Current Debt	3 025 000	2 907 000	2 773 000	3 525 000
Total Current Debt	5 015 000	5 345 000	5 641 000	5 818 000
Total Equity and Debt	5 924 000	4 729 000	4 824 000	4 318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	205,5 %	−32,41 %	14,32 %	147,87 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	8,18 %	0,76 %	−0,57 %	−9,48 %
Current Ratio	1,16	0,86	0,83	0,71
Quick Ratio	1,42	1,06	1,04	0,87
Equity Ratio	0,15	−0,13	−0,17	−0,35
Gross Profit Margin	60,7 %	56,36 %	61,97 %	42,43 %