GI ELEKTRO HVITEVARER AS

6490 EIDE

Finances

Share Ownership

Return on Equity

77,66 %

Current Ratio

0,53

Debt-to-Equity Ratio

−0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 454 000	3 977 000	3 921 000	4 170 000
Net Income	−525 000	−101 000	8 000	127 000
Total Assets	830 000	1 004 000	957 000	1 370 000
Total Equity	−676 000	−151 000	−50 000	−59 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 454 000	3 977 000	3 921 000	4 170 000
Expenditure	4 971 000	4 069 000	3 942 000	4 018 000
Operating Profit	−517 000	−92 000	−21 000	151 000
Financial Income	2 000	6 000	2 000	1 000
Financial Costs	10 000	16 000	−27 000	25 000
Financial Balance	−8 000	−10 000	29 000	−24 000
Earnings Before Tax	−525 000	−101 000	8 000	127 000
Tax	0	0	0	0
Net Income	−525 000	−101 000	8 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	60 000	59 000	31 000
Total Current Assets	777 000	944 000	897 000	1 340 000
Total Assets	830 000	1 004 000	957 000	1 370 000
Total Retained Equity	−694 000	−169 000	−68 000	−76 000
Total Equity	−676 000	−151 000	−50 000	−59 000
Total Long-Term Debt	30 000	0	0	0
Total Current Debt	1 476 000	1 155 000	1 007 000	1 429 000
Total Equity and Debt	830 000	1 004 000	957 000	1 370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 449 000	3 974 000	3 871 000	4 169 000
Other Income	5 000	4 000	50 000	1 000
Revenue	4 454 000	3 977 000	3 921 000	4 170 000
Cost of Goods Sold	1 014 000	995 000	1 165 000	1 106 000
Salary Costs	2 874 000	2 441 000	2 092 000	2 106 000
Depreciation	7 000	7 000	7 000	0
Impairment	0	0	0	0
Expenditure	4 971 000	4 069 000	3 942 000	4 018 000
Operating Profit	−517 000	−92 000	−21 000	151 000
Financial Income	2 000	6 000	2 000	1 000
Financial Costs	10 000	16 000	−27 000	25 000
Financial Balance	−8 000	−10 000	29 000	−24 000
Dividends	0	0	0	0
Net Income	−525 000	−101 000	8 000	127 000

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	14 000	22 000	29 000	0
Total Tangible Assets	14 000	22 000	29 000	0
Total Fiancial Fixed Assets	39 000	39 000	31 000	31 000
Total Fixed Assets	53 000	60 000	59 000	31 000
Stock	34 000	36 000	58 000	64 000
Total Investments	0	0	0	0
Cash, Bank	142 000	47 000	11 000	54 000
Total Current Assets	777 000	944 000	897 000	1 340 000
Total Assets	830 000	1 004 000	957 000	1 370 000
Total Equity	−676 000	−151 000	−50 000	−59 000
Short-Term Group Debt	0	0	0	23 000
Total Long-Term Debt	30 000	0	0	0
Creditors	495 000	347 000	392 000	292 000
Unpaid Taxes	366 000	218 000	212 000	271 000
Dividends	0	0	0	0
Other Current Debt	615 000	590 000	403 000	843 000
Total Current Debt	1 476 000	1 155 000	1 007 000	1 429 000
Total Equity and Debt	830 000	1 004 000	957 000	1 370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,66 %	66,89 %	−16 %	−215,25 %
Debt-to-Equity Ratio	−0,04	−0	−0	−0
Operating Profit Margin	−11,61 %	−2,31 %	−0,54 %	3,62 %
Current Ratio	0,53	0,82	0,89	0,94
Quick Ratio	0,54	0,84	0,95	0,98
Equity Ratio	−0,81	−0,15	−0,05	−0,04
Gross Profit Margin	77,23 %	74,98 %	70,29 %	73,48 %