GVELVEN FERIEGREND AS

1622 GRESSVIK

Finances

Share Ownership

Return on Equity

12,3 %

Current Ratio

23,58

Debt-to-Equity Ratio

7,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 030 000	12 338 000	16 925 000	5 750 000
Net Income	272 000	810 000	471 000	575 000
Total Assets	19 124 000	13 016 000	6 867 000	14 618 000
Total Equity	2 211 000	1 939 000	1 129 000	659 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 030 000	12 338 000	16 925 000	5 750 000
Expenditure	9 685 000	11 302 000	16 323 000	5 018 000
Operating Profit	346 000	1 036 000	603 000	732 000
Financial Income	3 000	2 000	3 000	0
Financial Costs	0	0	2 000	0
Financial Balance	3 000	2 000	1 000	0
Earnings Before Tax	349 000	1 038 000	604 000	732 000
Tax	77 000	228 000	133 000	158 000
Net Income	272 000	810 000	471 000	575 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	19 124 000	13 016 000	6 867 000	14 618 000
Total Assets	19 124 000	13 016 000	6 867 000	14 618 000
Total Retained Equity	2 111 000	1 851 000	1 041 000	570 000
Total Equity	2 211 000	1 939 000	1 129 000	659 000
Total Long-Term Debt	16 101 000	10 825 000	5 587 000	12 209 000
Total Current Debt	811 000	252 000	151 000	1 751 000
Total Equity and Debt	19 124 000	13 016 000	6 867 000	14 618 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 030 000	12 338 000	16 925 000	5 750 000
Other Income	0	0	0	0
Revenue	10 030 000	12 338 000	16 925 000	5 750 000
Cost of Goods Sold	8 772 000	11 081 000	15 893 000	4 993 000
Salary Costs	685 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 685 000	11 302 000	16 323 000	5 018 000
Operating Profit	346 000	1 036 000	603 000	732 000
Financial Income	3 000	2 000	3 000	0
Financial Costs	0	0	2 000	0
Financial Balance	3 000	2 000	1 000	0
Dividends	0	0	0	0
Net Income	272 000	810 000	471 000	575 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	18 805 000	12 942 000	6 763 000	11 701 000
Total Investments	0	0	0	0
Cash, Bank	319 000	37 000	104 000	67 000
Total Current Assets	19 124 000	13 016 000	6 867 000	14 618 000
Total Assets	19 124 000	13 016 000	6 867 000	14 618 000
Total Equity	2 211 000	1 939 000	1 129 000	659 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 101 000	10 825 000	5 587 000	12 209 000
Creditors	50 000	23 000	17 000	368 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	685 000	0	0	1 225 000
Total Current Debt	811 000	252 000	151 000	1 751 000
Total Equity and Debt	19 124 000	13 016 000	6 867 000	14 618 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,3 %	41,77 %	41,72 %	87,25 %
Debt-to-Equity Ratio	7,28	5,58	4,95	18,53
Operating Profit Margin	3,45 %	8,4 %	3,56 %	12,73 %
Current Ratio	23,58	51,65	45,48	8,35
Quick Ratio	−1,06	−1,03	−1,04	−1,47
Equity Ratio	0,12	0,15	0,16	0,05
Gross Profit Margin	12,54 %	10,19 %	6,1 %	13,17 %