GOWENS AS

1338 SANDVIKA

Finances

Share Ownership

Return on Equity

41,02 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 195 000	8 345 000	7 541 000	6 697 000
Net Income	897 000	853 000	247 000	−503 000
Total Assets	4 981 000	3 399 000	2 071 000	1 874 000
Total Equity	2 187 000	1 592 000	1 031 000	1 234 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 195 000	8 345 000	7 541 000	6 697 000
Expenditure	9 041 000	7 245 000	7 224 000	7 342 000
Operating Profit	1 154 000	1 099 000	318 000	−645 000
Financial Income	0	0	0	1 000
Financial Costs	4 000	5 000	1 000	4 000
Financial Balance	−4 000	−5 000	−1 000	−3 000
Earnings Before Tax	1 150 000	1 094 000	316 000	−649 000
Tax	253 000	241 000	70 000	−145 000
Net Income	897 000	853 000	247 000	−503 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	5 000	75 000	309 000
Total Current Assets	4 977 000	3 393 000	1 996 000	1 565 000
Total Assets	4 981 000	3 399 000	2 071 000	1 874 000
Total Retained Equity	276 000	−319 000	−881 000	−677 000
Total Equity	2 187 000	1 592 000	1 031 000	1 234 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 794 000	1 806 000	1 040 000	640 000
Total Equity and Debt	4 981 000	3 399 000	2 071 000	1 874 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 195 000	8 345 000	7 541 000	6 697 000
Other Income	0	0	0	0
Revenue	10 195 000	8 345 000	7 541 000	6 697 000
Cost of Goods Sold	2 919 000	3 067 000	2 912 000	2 730 000
Salary Costs	4 348 000	2 870 000	2 848 000	2 818 000
Depreciation	0	0	40 000	37 000
Impairment	0	0	0	0
Expenditure	9 041 000	7 245 000	7 224 000	7 342 000
Operating Profit	1 154 000	1 099 000	318 000	−645 000
Financial Income	0	0	0	1 000
Financial Costs	4 000	5 000	1 000	4 000
Financial Balance	−4 000	−5 000	−1 000	−3 000
Dividends	0	0	0	0
Net Income	897 000	853 000	247 000	−503 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	5 000	75 000	145 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	163 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	163 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	5 000	75 000	309 000
Stock	1 060 000	461 000	230 000	357 000
Total Investments	0	0	0	0
Cash, Bank	1 370 000	1 501 000	805 000	829 000
Total Current Assets	4 977 000	3 393 000	1 996 000	1 565 000
Total Assets	4 981 000	3 399 000	2 071 000	1 874 000
Total Equity	2 187 000	1 592 000	1 031 000	1 234 000
Short-Term Group Debt	0	0	393 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 109 000	492 000	69 000	132 000
Unpaid Taxes	630 000	336 000	332 000	268 000
Dividends	0	0	0	0
Other Current Debt	501 000	273 000	246 000	239 000
Total Current Debt	2 794 000	1 806 000	1 040 000	640 000
Total Equity and Debt	4 981 000	3 399 000	2 071 000	1 874 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,02 %	53,58 %	23,96 %	−40,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,32 %	13,17 %	4,22 %	−9,63 %
Current Ratio	1,78	1,88	1,92	2,45
Quick Ratio	2,87	2,52	2,46	5,53
Equity Ratio	0,44	0,47	0,5	0,66
Gross Profit Margin	71,37 %	63,25 %	61,38 %	59,24 %