GS ELEKTRO AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

28,13 %

Current Ratio

4,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 103 000	1 208 000	4 446 000	6 325 000
Net Income	263 000	−39 000	101 000	−313 000
Total Assets	1 187 000	853 000	1 307 000	2 031 000
Total Equity	935 000	673 000	712 000	611 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 103 000	1 208 000	4 446 000	6 325 000
Expenditure	2 822 000	1 235 000	4 283 000	6 579 000
Operating Profit	282 000	−28 000	163 000	−254 000
Financial Income	0	7 000	12 000	9 000
Financial Costs	19 000	18 000	75 000	68 000
Financial Balance	−19 000	−11 000	−63 000	−59 000
Earnings Before Tax	263 000	−39 000	101 000	−313 000
Tax	0	0	0	0
Net Income	263 000	−39 000	101 000	−313 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	0	0	2 000
Total Current Assets	1 166 000	853 000	1 307 000	2 030 000
Total Assets	1 187 000	853 000	1 307 000	2 031 000
Total Retained Equity	884 000	622 000	661 000	560 000
Total Equity	935 000	673 000	712 000	611 000
Total Long-Term Debt	0	0	150 000	350 000
Total Current Debt	251 000	181 000	445 000	1 070 000
Total Equity and Debt	1 187 000	853 000	1 307 000	2 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 098 000	1 208 000	4 067 000	6 297 000
Other Income	5 000	0	379 000	28 000
Revenue	3 103 000	1 208 000	4 446 000	6 325 000
Cost of Goods Sold	1 614 000	477 000	3 204 000	4 207 000
Salary Costs	790 000	398 000	625 000	1 629 000
Depreciation	4 000	0	2 000	13 000
Impairment	0	0	0	0
Expenditure	2 822 000	1 235 000	4 283 000	6 579 000
Operating Profit	282 000	−28 000	163 000	−254 000
Financial Income	0	7 000	12 000	9 000
Financial Costs	19 000	18 000	75 000	68 000
Financial Balance	−19 000	−11 000	−63 000	−59 000
Dividends	0	0	0	0
Net Income	263 000	−39 000	101 000	−313 000

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	21 000	0	0	2 000
Total Tangible Assets	21 000	0	0	2 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	0	0	2 000
Stock	518 000	510 000	563 000	1 595 000
Total Investments	0	0	0	0
Cash, Bank	436 000	169 000	564 000	−322 000
Total Current Assets	1 166 000	853 000	1 307 000	2 030 000
Total Assets	1 187 000	853 000	1 307 000	2 031 000
Total Equity	935 000	673 000	712 000	611 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	150 000	350 000
Creditors	−2 000	7 000	54 000	467 000
Unpaid Taxes	135 000	34 000	157 000	139 000
Dividends	0	0	0	0
Other Current Debt	119 000	139 000	234 000	464 000
Total Current Debt	251 000	181 000	445 000	1 070 000
Total Equity and Debt	1 187 000	853 000	1 307 000	2 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,13 %	−5,79 %	14,19 %	−51,23 %
Debt-to-Equity Ratio	0	0	0,21	0,57
Operating Profit Margin	9,09 %	−2,32 %	3,67 %	−4,02 %
Current Ratio	4,65	4,71	2,94	1,9
Quick Ratio	−4,37	−2,59	−11,08	−3,87
Equity Ratio	0,79	0,79	0,54	0,3
Gross Profit Margin	47,99 %	60,51 %	27,94 %	33,49 %