GEORG GJERTSEN AS

1350 LOMMEDALEN

Finances

Return on Equity

17,17 %

Current Ratio

3,14

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 152 000	3 699 000	543 000	138 000
Net Income	345 000	901 000	744 000	52 000
Total Assets	3 234 000	2 961 000	1 528 000	372 000
Total Equity	2 009 000	1 664 000	891 000	147 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 152 000	3 699 000	543 000	138 000
Expenditure	4 692 000	2 525 000	488 000	85 000
Operating Profit	459 000	1 174 000	55 000	53 000
Financial Income	14 000	1 000	770 000	0
Financial Costs	33 000	20 000	1 000	0
Financial Balance	−19 000	−19 000	769 000	0
Earnings Before Tax	439 000	1 155 000	824 000	52 000
Tax	95 000	254 000	81 000	0
Net Income	345 000	901 000	744 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 332 000	1 022 000	437 000	154 000
Total Current Assets	1 902 000	1 939 000	1 091 000	218 000
Total Assets	3 234 000	2 961 000	1 528 000	372 000
Total Retained Equity	1 855 000	1 510 000	737 000	−7 000
Total Equity	2 009 000	1 664 000	891 000	147 000
Total Long-Term Debt	620 000	502 000	197 000	0
Total Current Debt	605 000	795 000	440 000	225 000
Total Equity and Debt	3 234 000	2 961 000	1 528 000	372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 083 000	3 639 000	543 000	136 000
Other Income	68 000	60 000	0	2 000
Revenue	5 152 000	3 699 000	543 000	138 000
Cost of Goods Sold	1 869 000	1 347 000	121 000	39 000
Salary Costs	1 000 000	377 000	1 000	0
Depreciation	193 000	80 000	8 000	0
Impairment	0	0	0	0
Expenditure	4 692 000	2 525 000	488 000	85 000
Operating Profit	459 000	1 174 000	55 000	53 000
Financial Income	14 000	1 000	770 000	0
Financial Costs	33 000	20 000	1 000	0
Financial Balance	−19 000	−19 000	769 000	0
Dividends	0	127 000	0	0
Net Income	345 000	901 000	744 000	52 000

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	648 000	774 000	259 000	0
Fixtures	476 000	39 000	24 000	0
Total Tangible Assets	1 123 000	813 000	283 000	0
Total Fiancial Fixed Assets	209 000	209 000	154 000	154 000
Total Fixed Assets	1 332 000	1 022 000	437 000	154 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	702 000	1 097 000	144 000	10 000
Total Current Assets	1 902 000	1 939 000	1 091 000	218 000
Total Assets	3 234 000	2 961 000	1 528 000	372 000
Total Equity	2 009 000	1 664 000	891 000	147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	620 000	502 000	197 000	0
Creditors	314 000	122 000	36 000	2 000
Unpaid Taxes	57 000	275 000	31 000	5 000
Dividends	0	127 000	0	0
Other Current Debt	139 000	41 000	309 000	218 000
Total Current Debt	605 000	795 000	440 000	225 000
Total Equity and Debt	3 234 000	2 961 000	1 528 000	372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,17 %	54,15 %	83,5 %	35,37 %
Debt-to-Equity Ratio	0,31	0,3	0,22	0
Operating Profit Margin	8,91 %	31,74 %	10,13 %	38,41 %
Current Ratio	3,14	2,44	2,48	0,97
Quick Ratio	3,14	2,44	2,48	0,97
Equity Ratio	0,62	0,56	0,58	0,4
Gross Profit Margin	63,72 %	63,58 %	77,72 %	71,74 %