GRESSVIK MEKANISKE VERKSTED AS

1622 GRESSVIK

Finances

Share Ownership

Return on Equity

150 %

Current Ratio

1,19

Debt-to-Equity Ratio

1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 204 000	1 154 000	1 241 000	1 001 000
Net Income	114 000	155 000	13 000	−236 000
Total Assets	469 000	423 000	276 000	292 000
Total Equity	76 000	−38 000	−193 000	−206 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 204 000	1 154 000	1 241 000	1 001 000
Expenditure	1 056 000	1 016 000	1 224 000	1 226 000
Operating Profit	149 000	140 000	18 000	−226 000
Financial Income	2 000	2 000	2 000	0
Financial Costs	5 000	5 000	6 000	11 000
Financial Balance	−3 000	−3 000	−4 000	−11 000
Earnings Before Tax	145 000	136 000	13 000	−236 000
Tax	32 000	−19 000	0	0
Net Income	114 000	155 000	13 000	−236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 000	114 000	119 000	142 000
Total Current Assets	375 000	309 000	157 000	150 000
Total Assets	469 000	423 000	276 000	292 000
Total Retained Equity	46 000	−68 000	−223 000	−236 000
Total Equity	76 000	−38 000	−193 000	−206 000
Total Long-Term Debt	78 000	94 000	114 000	134 000
Total Current Debt	316 000	367 000	354 000	364 000
Total Equity and Debt	469 000	423 000	276 000	292 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 204 000	1 154 000	1 241 000	1 001 000
Other Income	0	0	0	0
Revenue	1 204 000	1 154 000	1 241 000	1 001 000
Cost of Goods Sold	122 000	119 000	251 000	288 000
Salary Costs	590 000	623 000	593 000	611 000
Depreciation	24 000	24 000	24 000	21 000
Impairment	0	0	0	0
Expenditure	1 056 000	1 016 000	1 224 000	1 226 000
Operating Profit	149 000	140 000	18 000	−226 000
Financial Income	2 000	2 000	2 000	0
Financial Costs	5 000	5 000	6 000	11 000
Financial Balance	−3 000	−3 000	−4 000	−11 000
Dividends	0	0	0	0
Net Income	114 000	155 000	13 000	−236 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	19 000	0	0
Real Eastate	23 000	0	0	0
Machinery and Plant Facilities	7 000	10 000	14 000	17 000
Fixtures	65 000	85 000	105 000	125 000
Total Tangible Assets	95 000	95 000	119 000	142 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	95 000	114 000	119 000	142 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	303 000	262 000	66 000	105 000
Total Current Assets	375 000	309 000	157 000	150 000
Total Assets	469 000	423 000	276 000	292 000
Total Equity	76 000	−38 000	−193 000	−206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	78 000	94 000	114 000	134 000
Creditors	122 000	85 000	33 000	102 000
Unpaid Taxes	34 000	82 000	63 000	77 000
Dividends	0	0	0	0
Other Current Debt	154 000	200 000	259 000	185 000
Total Current Debt	316 000	367 000	354 000	364 000
Total Equity and Debt	469 000	423 000	276 000	292 000

Financial indicators	2022	2021	2020	2019
Return on Equity	150 %	−407,89 %	−6,74 %	114,56 %
Debt-to-Equity Ratio	1,03	−2,47	−0,59	−0,65
Operating Profit Margin	12,38 %	12,13 %	1,45 %	−22,58 %
Current Ratio	1,19	0,84	0,44	0,41
Quick Ratio	1,19	0,84	0,44	0,41
Equity Ratio	0,16	−0,09	−0,7	−0,71
Gross Profit Margin	89,87 %	89,69 %	79,77 %	71,23 %