GRESSVIK ELEKTRISKE AS

1621 GRESSVIK

Finances

Return on Equity

15,28 %

Current Ratio

2,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 140 000	5 720 000	5 467 000	6 703 000
Net Income	401 000	1 011 000	1 210 000	1 247 000
Total Assets	4 078 000	4 738 000	5 552 000	5 310 000
Total Equity	2 624 000	2 526 000	2 775 000	3 065 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 140 000	5 720 000	5 467 000	6 703 000
Expenditure	4 640 000	4 436 000	3 867 000	5 099 000
Operating Profit	500 000	1 285 000	1 601 000	1 604 000
Financial Income	7 000	3 000	4 000	3 000
Financial Costs	0	0	1 000	0
Financial Balance	7 000	3 000	3 000	3 000
Earnings Before Tax	507 000	1 287 000	1 603 000	1 607 000
Tax	106 000	276 000	393 000	360 000
Net Income	401 000	1 011 000	1 210 000	1 247 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	20 000	205 000	465 000
Total Current Assets	4 078 000	4 718 000	5 348 000	4 844 000
Total Assets	4 078 000	4 738 000	5 552 000	5 310 000
Total Retained Equity	2 264 000	2 166 000	2 375 000	2 665 000
Total Equity	2 624 000	2 526 000	2 775 000	3 065 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 454 000	2 212 000	2 777 000	2 245 000
Total Equity and Debt	4 078 000	4 738 000	5 552 000	5 310 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 140 000	5 720 000	5 445 000	6 625 000
Other Income	0	1 000	23 000	78 000
Revenue	5 140 000	5 720 000	5 467 000	6 703 000
Cost of Goods Sold	1 490 000	1 418 000	1 456 000	1 695 000
Salary Costs	2 321 000	2 259 000	1 601 000	2 412 000
Depreciation	7 000	10 000	181 000	179 000
Impairment	0	0	0	0
Expenditure	4 640 000	4 436 000	3 867 000	5 099 000
Operating Profit	500 000	1 285 000	1 601 000	1 604 000
Financial Income	7 000	3 000	4 000	3 000
Financial Costs	0	0	1 000	0
Financial Balance	7 000	3 000	3 000	3 000
Dividends	303 000	1 000 000	1 500 000	800 000
Net Income	401 000	1 011 000	1 210 000	1 247 000

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	0	20 000	30 000	210 000
Total Tangible Assets	0	20 000	30 000	210 000
Total Fiancial Fixed Assets	0	0	175 000	255 000
Total Fixed Assets	0	20 000	205 000	465 000
Stock	806 000	861 000	645 000	546 000
Total Investments	0	0	0	0
Cash, Bank	2 498 000	2 762 000	3 601 000	2 636 000
Total Current Assets	4 078 000	4 718 000	5 348 000	4 844 000
Total Assets	4 078 000	4 738 000	5 552 000	5 310 000
Total Equity	2 624 000	2 526 000	2 775 000	3 065 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	351 000	149 000	183 000	219 000
Unpaid Taxes	480 000	592 000	489 000	608 000
Dividends	303 000	1 000 000	1 500 000	800 000
Other Current Debt	215 000	195 000	212 000	256 000
Total Current Debt	1 454 000	2 212 000	2 777 000	2 245 000
Total Equity and Debt	4 078 000	4 738 000	5 552 000	5 310 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,28 %	40,02 %	43,6 %	40,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,73 %	22,47 %	29,28 %	23,93 %
Current Ratio	2,8	2,13	1,93	2,16
Quick Ratio	6,29	3,49	2,51	2,85
Equity Ratio	0,64	0,53	0,5	0,58
Gross Profit Margin	71,01 %	75,21 %	73,37 %	74,71 %