CARLO GAVAZZI AS

3919 PORSGRUNN

Finances

Share Ownership

Return on Equity

351,41 %

Current Ratio

1,4

Debt-to-Equity Ratio

6,21

Key figures (NOK)	2023	2022	2021	2020
Revenue	63 481 000	59 116 000	59 605 000	55 435 000
Net Income	4 484 000	5 845 000	6 750 000	3 006 000
Total Assets	27 795 000	31 038 000	29 245 000	22 213 000
Total Equity	1 276 000	3 398 000	3 621 000	2 534 000

Income (NOK)	2023	2022	2021	2020
Revenue	63 481 000	59 116 000	59 605 000	55 435 000
Expenditure	57 176 000	51 265 000	51 171 000	50 912 000
Operating Profit	6 306 000	7 851 000	8 435 000	4 522 000
Financial Income	643 000	407 000	801 000	470 000
Financial Costs	1 198 000	763 000	580 000	1 132 000
Financial Balance	−555 000	−356 000	221 000	−662 000
Earnings Before Tax	5 751 000	7 495 000	8 655 000	3 860 000
Tax	1 267 000	1 650 000	1 905 000	853 000
Net Income	4 484 000	5 845 000	6 750 000	3 006 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	1 807 000	2 205 000	2 186 000	2 514 000
Total Current Assets	25 988 000	28 833 000	27 060 000	19 699 000
Total Assets	27 795 000	31 038 000	29 245 000	22 213 000
Total Retained Equity	276 000	2 398 000	2 621 000	1 534 000
Total Equity	1 276 000	3 398 000	3 621 000	2 534 000
Total Long-Term Debt	7 928 000	5 285 000	5 159 000	5 977 000
Total Current Debt	18 591 000	22 356 000	20 465 000	13 702 000
Total Equity and Debt	27 795 000	31 038 000	29 245 000	22 213 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	63 481 000	59 116 000	59 605 000	55 435 000
Other Income	0	0	0	0
Revenue	63 481 000	59 116 000	59 605 000	55 435 000
Cost of Goods Sold	36 525 000	32 204 000	33 718 000	31 784 000
Salary Costs	12 520 000	12 402 000	11 194 000	12 327 000
Depreciation	29 000	40 000	22 000	23 000
Impairment	0	0	0	0
Expenditure	57 176 000	51 265 000	51 171 000	50 912 000
Operating Profit	6 306 000	7 851 000	8 435 000	4 522 000
Financial Income	643 000	407 000	801 000	470 000
Financial Costs	1 198 000	763 000	580 000	1 132 000
Financial Balance	−555 000	−356 000	221 000	−662 000
Dividends	4 400 000	5 800 000	6 500 000	1 500 000
Net Income	4 484 000	5 845 000	6 750 000	3 006 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	1 784 000	1 184 000	1 145 000	1 335 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	52 000	37 000	29 000
Total Tangible Assets	23 000	52 000	37 000	29 000
Total Fiancial Fixed Assets	0	970 000	1 004 000	1 151 000
Total Fixed Assets	1 807 000	2 205 000	2 186 000	2 514 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 238 000	19 439 000	19 125 000	12 364 000
Total Current Assets	25 988 000	28 833 000	27 060 000	19 699 000
Total Assets	27 795 000	31 038 000	29 245 000	22 213 000
Total Equity	1 276 000	3 398 000	3 621 000	2 534 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 928 000	5 285 000	5 159 000	5 977 000
Creditors	4 983 000	5 153 000	3 963 000	3 806 000
Unpaid Taxes	4 248 000	5 097 000	4 364 000	3 898 000
Dividends	4 400 000	5 800 000	6 500 000	1 500 000
Other Current Debt	3 087 000	3 561 000	3 243 000	3 172 000
Total Current Debt	18 591 000	22 356 000	20 465 000	13 702 000
Total Equity and Debt	27 795 000	31 038 000	29 245 000	22 213 000

Financial indicators	2023	2022	2021	2020
Return on Equity	351,41 %	172,01 %	186,41 %	118,63 %
Debt-to-Equity Ratio	6,21	1,56	1,42	2,36
Operating Profit Margin	9,93 %	13,28 %	14,15 %	8,16 %
Current Ratio	1,4	1,29	1,32	1,44
Quick Ratio	1,4	1,29	1,32	1,44
Equity Ratio	0,05	0,11	0,12	0,11
Gross Profit Margin	42,46 %	45,52 %	43,43 %	42,66 %