GAVLEN FJELLHANDEL AS

3650 TINN AUSTBYGD

Finances

Share Ownership

Return on Equity

28,3 %

Current Ratio

2,34

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 912 000	5 154 000	4 802 000	3 759 000
Net Income	103 000	79 000	33 000	−17 000
Total Assets	1 067 000	1 261 000	1 128 000	735 000
Total Equity	364 000	262 000	182 000	149 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 912 000	5 154 000	4 802 000	3 759 000
Expenditure	4 773 000	5 047 000	4 758 000	3 775 000
Operating Profit	138 000	108 000	44 000	−16 000
Financial Income	0	0	0	0
Financial Costs	6 000	6 000	2 000	6 000
Financial Balance	−6 000	−6 000	−2 000	−6 000
Earnings Before Tax	132 000	102 000	42 000	−22 000
Tax	29 000	22 000	9 000	−5 000
Net Income	103 000	79 000	33 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	24 000	30 000	5 000
Total Current Assets	1 020 000	1 237 000	1 098 000	730 000
Total Assets	1 067 000	1 261 000	1 128 000	735 000
Total Retained Equity	334 000	232 000	182 000	119 000
Total Equity	364 000	262 000	182 000	149 000
Total Long-Term Debt	267 000	313 000	192 000	285 000
Total Current Debt	436 000	687 000	754 000	301 000
Total Equity and Debt	1 067 000	1 261 000	1 128 000	735 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 907 000	5 144 000	4 693 000	3 743 000
Other Income	4 000	10 000	109 000	16 000
Revenue	4 912 000	5 154 000	4 802 000	3 759 000
Cost of Goods Sold	3 581 000	3 669 000	3 590 000	2 884 000
Salary Costs	950 000	1 174 000	971 000	739 000
Depreciation	12 000	6 000	8 000	0
Impairment	0	0	0	0
Expenditure	4 773 000	5 047 000	4 758 000	3 775 000
Operating Profit	138 000	108 000	44 000	−16 000
Financial Income	0	0	0	0
Financial Costs	6 000	6 000	2 000	6 000
Financial Balance	−6 000	−6 000	−2 000	−6 000
Dividends	0	0	0	0
Net Income	103 000	79 000	33 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	19 000	24 000	30 000	0
Fixtures	29 000	0	0	0
Total Tangible Assets	48 000	24 000	30 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	48 000	24 000	30 000	5 000
Stock	711 000	753 000	516 000	510 000
Total Investments	0	0	0	0
Cash, Bank	279 000	451 000	540 000	186 000
Total Current Assets	1 020 000	1 237 000	1 098 000	730 000
Total Assets	1 067 000	1 261 000	1 128 000	735 000
Total Equity	364 000	262 000	182 000	149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	267 000	313 000	192 000	285 000
Creditors	201 000	196 000	388 000	67 000
Unpaid Taxes	106 000	58 000	95 000	81 000
Dividends	0	0	0	0
Other Current Debt	100 000	410 000	268 000	152 000
Total Current Debt	436 000	687 000	754 000	301 000
Total Equity and Debt	1 067 000	1 261 000	1 128 000	735 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,3 %	30,15 %	18,13 %	−11,41 %
Debt-to-Equity Ratio	0,73	1,19	1,05	1,91
Operating Profit Margin	2,81 %	2,1 %	0,92 %	−0,43 %
Current Ratio	2,34	1,8	1,46	2,43
Quick Ratio	−3,71	−18,74	4,61	−3,49
Equity Ratio	0,34	0,21	0,16	0,2
Gross Profit Margin	27,1 %	28,81 %	25,24 %	23,28 %