GUSTAVSEN RØR AS

3262 LARVIK

Finances

Return on Equity

69,92 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 909 000	11 936 000	12 544 000	11 479 000
Net Income	1 195 000	891 000	1 448 000	467 000
Total Assets	5 217 000	4 124 000	4 354 000	3 188 000
Total Equity	1 709 000	1 364 000	1 573 000	926 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 909 000	11 936 000	12 544 000	11 479 000
Expenditure	11 363 000	10 771 000	10 669 000	11 112 000
Operating Profit	1 547 000	1 164 000	1 874 000	367 000
Financial Income	7 000	3 000	8 000	217 000
Financial Costs	17 000	23 000	26 000	36 000
Financial Balance	−10 000	−20 000	−18 000	181 000
Earnings Before Tax	1 537 000	1 144 000	1 856 000	548 000
Tax	342 000	254 000	409 000	81 000
Net Income	1 195 000	891 000	1 448 000	467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	763 000	521 000	210 000	335 000
Total Current Assets	4 454 000	3 603 000	4 144 000	2 853 000
Total Assets	5 217 000	4 124 000	4 354 000	3 188 000
Total Retained Equity	1 209 000	864 000	1 073 000	426 000
Total Equity	1 709 000	1 364 000	1 573 000	926 000
Total Long-Term Debt	0	0	94 000	300 000
Total Current Debt	3 508 000	2 760 000	2 687 000	1 963 000
Total Equity and Debt	5 217 000	4 124 000	4 354 000	3 188 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 901 000	11 933 000	12 544 000	11 443 000
Other Income	8 000	3 000	0	36 000
Revenue	12 909 000	11 936 000	12 544 000	11 479 000
Cost of Goods Sold	5 032 000	4 691 000	4 979 000	4 511 000
Salary Costs	4 566 000	4 287 000	3 943 000	4 455 000
Depreciation	185 000	182 000	179 000	176 000
Impairment	0	0	0	0
Expenditure	11 363 000	10 771 000	10 669 000	11 112 000
Operating Profit	1 547 000	1 164 000	1 874 000	367 000
Financial Income	7 000	3 000	8 000	217 000
Financial Costs	17 000	23 000	26 000	36 000
Financial Balance	−10 000	−20 000	−18 000	181 000
Dividends	850 000	1 100 000	800 000	400 000
Net Income	1 195 000	891 000	1 448 000	467 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	27 000	18 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	724 000	474 000	172 000	331 000
Total Tangible Assets	724 000	474 000	172 000	331 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	1 000
Total Fixed Assets	763 000	521 000	210 000	335 000
Stock	1 128 000	1 024 000	979 000	1 104 000
Total Investments	0	0	0	0
Cash, Bank	1 640 000	1 003 000	2 398 000	733 000
Total Current Assets	4 454 000	3 603 000	4 144 000	2 853 000
Total Assets	5 217 000	4 124 000	4 354 000	3 188 000
Total Equity	1 709 000	1 364 000	1 573 000	926 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	94 000	300 000
Creditors	649 000	554 000	119 000	263 000
Unpaid Taxes	928 000	606 000	710 000	532 000
Dividends	850 000	1 100 000	800 000	400 000
Other Current Debt	748 000	637 000	634 000	681 000
Total Current Debt	3 508 000	2 760 000	2 687 000	1 963 000
Total Equity and Debt	5 217 000	4 124 000	4 354 000	3 188 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,92 %	65,32 %	92,05 %	50,43 %
Debt-to-Equity Ratio	0	0	0,06	0,32
Operating Profit Margin	11,98 %	9,75 %	14,94 %	3,2 %
Current Ratio	1,27	1,31	1,54	1,45
Quick Ratio	1,87	2,08	2,43	3,32
Equity Ratio	0,33	0,33	0,36	0,29
Gross Profit Margin	61,02 %	60,7 %	60,31 %	60,7 %