GAVLE HYTTEFELT AS

5713 VOSSESTRAND

Finances

Share Ownership

Return on Equity

97,67 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	548 000	328 000	280 000	296 000
Net Income	84 000	25 000	−109 000	−76 000
Total Assets	284 000	260 000	321 000	594 000
Total Equity	86 000	42 000	17 000	127 000

Income (NOK)	2022	2021	2020	2019
Revenue	548 000	328 000	280 000	296 000
Expenditure	419 000	265 000	347 000	361 000
Operating Profit	128 000	63 000	−67 000	−65 000
Financial Income	0	0	0	5 000
Financial Costs	10 000	16 000	25 000	35 000
Financial Balance	−10 000	−16 000	−25 000	−30 000
Earnings Before Tax	118 000	47 000	−92 000	−95 000
Tax	33 000	22 000	18 000	−19 000
Net Income	84 000	25 000	−109 000	−76 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 000	144 000	312 000	489 000
Total Current Assets	228 000	116 000	10 000	105 000
Total Assets	284 000	260 000	321 000	594 000
Total Retained Equity	56 000	12 000	−13 000	97 000
Total Equity	86 000	42 000	17 000	127 000
Total Long-Term Debt	69 000	179 000	279 000	422 000
Total Current Debt	129 000	39 000	25 000	45 000
Total Equity and Debt	284 000	260 000	321 000	594 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	496 000	286 000	280 000	296 000
Other Income	52 000	42 000	0	0
Revenue	548 000	328 000	280 000	296 000
Cost of Goods Sold	0	0	3 000	0
Salary Costs	158 000	15 000	11 000	74 000
Depreciation	87 000	119 000	139 000	141 000
Impairment	0	0	0	0
Expenditure	419 000	265 000	347 000	361 000
Operating Profit	128 000	63 000	−67 000	−65 000
Financial Income	0	0	0	5 000
Financial Costs	10 000	16 000	25 000	35 000
Financial Balance	−10 000	−16 000	−25 000	−30 000
Dividends	40 000	0	0	40 000
Net Income	84 000	25 000	−109 000	−76 000

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	57 000	144 000	263 000	402 000
Fixtures	0	0	0	0
Total Tangible Assets	57 000	144 000	263 000	402 000
Total Fiancial Fixed Assets	0	0	49 000	87 000
Total Fixed Assets	57 000	144 000	312 000	489 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	73 000	2 000	43 000	35 000
Total Current Assets	228 000	116 000	10 000	105 000
Total Assets	284 000	260 000	321 000	594 000
Total Equity	86 000	42 000	17 000	127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	69 000	179 000	279 000	422 000
Creditors	−29 000	−3 000	0	−8 000
Unpaid Taxes	68 000	17 000	5 000	6 000
Dividends	40 000	0	0	40 000
Other Current Debt	16 000	2 000	2 000	7 000
Total Current Debt	129 000	39 000	25 000	45 000
Total Equity and Debt	284 000	260 000	321 000	594 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,67 %	59,52 %	−641,18 %	−59,84 %
Debt-to-Equity Ratio	0,8	4,26	16,41	3,32
Operating Profit Margin	23,36 %	19,21 %	−23,93 %	−21,96 %
Current Ratio	1,77	2,97	0,4	2,33
Quick Ratio	1,77	2,97	0,4	2,33
Equity Ratio	0,3	0,16	0,05	0,21
Gross Profit Margin	100 %	100 %	98,93 %	100 %