M. GJERSTAD BETONG AS

5262 ARNATVEIT

Finances

Share Ownership

Return on Equity

78,11 %

Current Ratio

0,99

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020
Revenue	4 856 000	3 597 000	830 000
Net Income	721 000	657 000	325 000
Total Assets	2 440 000	1 432 000	563 000
Total Equity	923 000	1 003 000	346 000

Income (NOK)	2022	2021	2020
Revenue	4 856 000	3 597 000	830 000
Expenditure	3 933 000	2 755 000	413 000
Operating Profit	923 000	842 000	416 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Earnings Before Tax	924 000	843 000	416 000
Tax	203 000	185 000	92 000
Net Income	721 000	657 000	325 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	963 000	649 000	20 000
Total Current Assets	1 477 000	783 000	543 000
Total Assets	2 440 000	1 432 000	563 000
Total Retained Equity	893 000	973 000	316 000
Total Equity	923 000	1 003 000	346 000
Total Long-Term Debt	28 000	18 000	1 000
Total Current Debt	1 488 000	411 000	217 000
Total Equity and Debt	2 440 000	1 432 000	563 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 856 000	3 597 000	830 000
Other Income	0	0	0
Revenue	4 856 000	3 597 000	830 000
Cost of Goods Sold	2 222 000	1 633 000	162 000
Salary Costs	943 000	744 000	155 000
Depreciation	179 000	62 000	2 000
Impairment	0	0	0
Expenditure	3 933 000	2 755 000	413 000
Operating Profit	923 000	842 000	416 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Dividends	800 000	0	0
Net Income	721 000	657 000	325 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	963 000	649 000	20 000
Total Tangible Assets	963 000	649 000	20 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	963 000	649 000	20 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 477 000	674 000	345 000
Total Current Assets	1 477 000	783 000	543 000
Total Assets	2 440 000	1 432 000	563 000
Total Equity	923 000	1 003 000	346 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	28 000	18 000	1 000
Creditors	209 000	61 000	14 000
Unpaid Taxes	195 000	111 000	89 000
Dividends	800 000	0	0
Other Current Debt	91 000	72 000	24 000
Total Current Debt	1 488 000	411 000	217 000
Total Equity and Debt	2 440 000	1 432 000	563 000

Financial indicators	2022	2021	2020
Return on Equity	78,11 %	65,5 %	93,93 %
Debt-to-Equity Ratio	0,03	0,02	0
Operating Profit Margin	19,01 %	23,41 %	50,12 %
Current Ratio	0,99	1,91	2,5
Quick Ratio	0,99	1,91	2,5
Equity Ratio	0,38	0,7	0,61
Gross Profit Margin	54,24 %	54,6 %	80,48 %