G. COWARD AS

3734 SKIEN

Finances

Return on Equity

−4,64 %

Current Ratio

2,95

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	221 698 000	204 597 000	196 623 000	154 335 000
Net Income	−3 144 000	7 163 000	7 911 000	7 985 000
Total Assets	129 891 000	105 999 000	108 390 000	88 542 000
Total Equity	67 745 000	69 057 000	65 474 000	63 937 000

Income (NOK)	2022	2021	2020	2019
Revenue	221 698 000	204 597 000	196 623 000	154 335 000
Expenditure	225 583 000	195 870 000	186 001 000	145 068 000
Operating Profit	−3 885 000	8 729 000	10 622 000	9 267 000
Financial Income	1 086 000	565 000	272 000	956 000
Financial Costs	1 229 000	105 000	633 000	78 000
Financial Balance	−143 000	460 000	−361 000	878 000
Earnings Before Tax	−4 028 000	9 189 000	10 260 000	10 145 000
Tax	−884 000	2 025 000	2 349 000	2 161 000
Net Income	−3 144 000	7 163 000	7 911 000	7 985 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 932 000	8 867 000	5 740 000	5 945 000
Total Current Assets	86 959 000	97 132 000	102 651 000	82 597 000
Total Assets	129 891 000	105 999 000	108 390 000	88 542 000
Total Retained Equity	56 479 000	66 557 000	62 974 000	59 018 000
Total Equity	67 745 000	69 057 000	65 474 000	63 937 000
Total Long-Term Debt	32 710 000	95 000	170 000	245 000
Total Current Debt	29 436 000	36 847 000	42 747 000	24 360 000
Total Equity and Debt	129 891 000	105 999 000	108 390 000	88 542 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	220 726 000	203 593 000	195 664 000	153 390 000
Other Income	972 000	1 004 000	958 000	945 000
Revenue	221 698 000	204 597 000	196 623 000	154 335 000
Cost of Goods Sold	146 639 000	137 846 000	129 892 000	99 846 000
Salary Costs	37 577 000	24 343 000	23 945 000	22 282 000
Depreciation	5 921 000	2 355 000	2 060 000	1 850 000
Impairment	1 592 000	0	0	0
Expenditure	225 583 000	195 870 000	186 001 000	145 068 000
Operating Profit	−3 885 000	8 729 000	10 622 000	9 267 000
Financial Income	1 086 000	565 000	272 000	956 000
Financial Costs	1 229 000	105 000	633 000	78 000
Financial Balance	−143 000	460 000	−361 000	878 000
Dividends	1 164 000	3 580 000	3 956 000	0
Net Income	−3 144 000	7 163 000	7 911 000	7 985 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	14 540 000	0	0	0
Total Intangible Assets	17 671 000	3 778 000	181 000	398 000
Real Eastate	353 000	0	0	0
Machinery and Plant Facilities	19 357 000	0	0	0
Fixtures	3 153 000	4 589 000	5 559 000	5 547 000
Total Tangible Assets	22 863 000	4 589 000	5 559 000	5 547 000
Total Fiancial Fixed Assets	2 397 000	500 000	0	0
Total Fixed Assets	42 932 000	8 867 000	5 740 000	5 945 000
Stock	32 086 000	38 652 000	35 740 000	30 430 000
Total Investments	10 512 000	14 328 000	13 972 000	16 044 000
Cash, Bank	11 592 000	21 606 000	31 705 000	12 654 000
Total Current Assets	86 959 000	97 132 000	102 651 000	82 597 000
Total Assets	129 891 000	105 999 000	108 390 000	88 542 000
Total Equity	67 745 000	69 057 000	65 474 000	63 937 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 710 000	95 000	170 000	245 000
Creditors	17 929 000	23 659 000	30 360 000	16 523 000
Unpaid Taxes	6 162 000	4 653 000	3 255 000	2 904 000
Dividends	1 164 000	3 580 000	3 956 000	0
Other Current Debt	4 181 000	3 092 000	3 043 000	2 639 000
Total Current Debt	29 436 000	36 847 000	42 747 000	24 360 000
Total Equity and Debt	129 891 000	105 999 000	108 390 000	88 542 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,64 %	10,37 %	12,08 %	12,49 %
Debt-to-Equity Ratio	0,48	0	0	0
Operating Profit Margin	−1,75 %	4,27 %	5,4 %	6 %
Current Ratio	2,95	2,64	2,4	3,39
Quick Ratio	−32,81	−53,81	14,65	−13,61
Equity Ratio	0,52	0,65	0,6	0,72
Gross Profit Margin	33,86 %	32,63 %	33,94 %	35,31 %