GRESSVIK BILSERVICE AS

1624 GRESSVIK

Finances

Return on Equity

177,75 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 845 000	9 454 000	9 154 000	8 221 000
Net Income	1 246 000	1 178 000	944 000	1 004 000
Total Assets	3 318 000	3 366 000	2 648 000	2 381 000
Total Equity	701 000	655 000	577 000	1 033 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 845 000	9 454 000	9 154 000	8 221 000
Expenditure	8 227 000	7 941 000	7 941 000	6 936 000
Operating Profit	1 618 000	1 513 000	1 213 000	1 285 000
Financial Income	0	0	1 000	1 000
Financial Costs	15 000	3 000	2 000	0
Financial Balance	−15 000	−3 000	−1 000	1 000
Earnings Before Tax	1 603 000	1 510 000	1 212 000	1 286 000
Tax	356 000	332 000	268 000	282 000
Net Income	1 246 000	1 178 000	944 000	1 004 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	503 000	482 000	84 000	53 000
Total Current Assets	2 815 000	2 884 000	2 563 000	2 328 000
Total Assets	3 318 000	3 366 000	2 648 000	2 381 000
Total Retained Equity	661 000	615 000	537 000	993 000
Total Equity	701 000	655 000	577 000	1 033 000
Total Long-Term Debt	264 000	321 000	2 000	2 000
Total Current Debt	2 353 000	2 390 000	2 069 000	1 346 000
Total Equity and Debt	3 318 000	3 366 000	2 648 000	2 381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 485 000	9 057 000	8 866 000	8 221 000
Other Income	361 000	397 000	288 000	0
Revenue	9 845 000	9 454 000	9 154 000	8 221 000
Cost of Goods Sold	3 642 000	3 643 000	3 823 000	3 290 000
Salary Costs	3 131 000	3 103 000	2 873 000	2 574 000
Depreciation	119 000	45 000	11 000	1 000
Impairment	0	0	0	0
Expenditure	8 227 000	7 941 000	7 941 000	6 936 000
Operating Profit	1 618 000	1 513 000	1 213 000	1 285 000
Financial Income	0	0	1 000	1 000
Financial Costs	15 000	3 000	2 000	0
Financial Balance	−15 000	−3 000	−1 000	1 000
Dividends	1 200 000	1 100 000	1 400 000	0
Net Income	1 246 000	1 178 000	944 000	1 004 000

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	478 000	457 000	42 000	53 000
Total Tangible Assets	478 000	457 000	42 000	53 000
Total Fiancial Fixed Assets	25 000	25 000	42 000	0
Total Fixed Assets	503 000	482 000	84 000	53 000
Stock	722 000	738 000	620 000	561 000
Total Investments	0	0	0	0
Cash, Bank	1 998 000	2 026 000	1 848 000	1 536 000
Total Current Assets	2 815 000	2 884 000	2 563 000	2 328 000
Total Assets	3 318 000	3 366 000	2 648 000	2 381 000
Total Equity	701 000	655 000	577 000	1 033 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	264 000	321 000	2 000	2 000
Creditors	386 000	479 000	325 000	377 000
Unpaid Taxes	606 000	591 000	388 000	401 000
Dividends	1 200 000	1 100 000	1 400 000	0
Other Current Debt	403 000	416 000	387 000	287 000
Total Current Debt	2 353 000	2 390 000	2 069 000	1 346 000
Total Equity and Debt	3 318 000	3 366 000	2 648 000	2 381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	177,75 %	179,85 %	163,6 %	97,19 %
Debt-to-Equity Ratio	0,38	0,49	0	0
Operating Profit Margin	16,43 %	16 %	13,25 %	15,63 %
Current Ratio	1,2	1,21	1,24	1,73
Quick Ratio	1,73	1,75	1,77	2,97
Equity Ratio	0,21	0,19	0,22	0,43
Gross Profit Margin	63,01 %	61,47 %	58,24 %	59,98 %