GVARVGATA 45 AS

3830 ULEFOSS

Finances

Share Ownership

Return on Equity

21,14 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 227 000	1 250 000	1 320 000	1 172 000
Net Income	577 000	513 000	539 000	479 000
Total Assets	4 365 000	4 351 000	4 373 000	3 857 000
Total Equity	2 730 000	2 830 000	2 824 000	2 831 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 227 000	1 250 000	1 320 000	1 172 000
Expenditure	458 000	566 000	606 000	543 000
Operating Profit	769 000	684 000	715 000	630 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	0	1 000	1 000
Financial Balance	−1 000	0	0	−1 000
Earnings Before Tax	768 000	684 000	716 000	628 000
Tax	191 000	171 000	177 000	149 000
Net Income	577 000	513 000	539 000	479 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 871 000	3 049 000	3 227 000	3 338 000
Total Current Assets	1 495 000	1 302 000	1 146 000	519 000
Total Assets	4 365 000	4 351 000	4 373 000	3 857 000
Total Retained Equity	0	30 000	24 000	31 000
Total Equity	2 730 000	2 830 000	2 824 000	2 831 000
Total Long-Term Debt	347 000	347 000	347 000	0
Total Current Debt	1 289 000	1 174 000	1 202 000	1 025 000
Total Equity and Debt	4 365 000	4 351 000	4 373 000	3 857 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	15 000	0	0
Other Income	1 227 000	1 235 000	1 320 000	1 172 000
Revenue	1 227 000	1 250 000	1 320 000	1 172 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	178 000	178 000	175 000	172 000
Impairment	0	0	0	0
Expenditure	458 000	566 000	606 000	543 000
Operating Profit	769 000	684 000	715 000	630 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	0	1 000	1 000
Financial Balance	−1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	577 000	513 000	539 000	479 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 871 000	3 049 000	3 227 000	3 338 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 871 000	3 049 000	3 227 000	3 338 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 871 000	3 049 000	3 227 000	3 338 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	34 000	359 000	61 000
Total Current Assets	1 495 000	1 302 000	1 146 000	519 000
Total Assets	4 365 000	4 351 000	4 373 000	3 857 000
Total Equity	2 730 000	2 830 000	2 824 000	2 831 000
Short-Term Group Debt	868 000	700 000	750 000	600 000
Total Long-Term Debt	347 000	347 000	347 000	0
Creditors	46 000	92 000	70 000	49 000
Unpaid Taxes	68 000	63 000	75 000	63 000
Dividends	0	0	0	0
Other Current Debt	307 000	291 000	285 000	279 000
Total Current Debt	1 289 000	1 174 000	1 202 000	1 025 000
Total Equity and Debt	4 365 000	4 351 000	4 373 000	3 857 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,14 %	18,13 %	19,09 %	16,92 %
Debt-to-Equity Ratio	0,13	0,12	0,12	0
Operating Profit Margin	62,67 %	54,72 %	54,17 %	53,75 %
Current Ratio	1,16	1,11	0,95	0,51
Quick Ratio	1,16	1,11	0,95	0,51
Equity Ratio	0,63	0,65	0,65	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %