H I Giørtz Sønner AS

6037 EIDSNES

Finances

Return on Equity

23,31 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 876 758 000	3 817 223 000	3 744 866 000	3 458 398 000
Net Income	88 624 000	78 159 000	67 622 000	66 338 000
Total Assets	682 098 000	602 126 000	548 889 000	472 236 000
Total Equity	380 206 000	331 582 000	293 423 000	245 801 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 876 758 000	3 817 223 000	3 744 866 000	3 458 398 000
Expenditure	3 769 354 000	3 719 138 000	3 660 238 000	3 376 678 000
Operating Profit	107 404 000	98 084 000	84 628 000	81 720 000
Financial Income	6 151 000	2 115 000	2 309 000	3 333 000
Financial Costs	9 000	11 000	81 000	3 000
Financial Balance	6 142 000	2 104 000	2 228 000	3 330 000
Earnings Before Tax	113 546 000	100 188 000	86 857 000	85 049 000
Tax	24 922 000	22 030 000	19 234 000	18 711 000
Net Income	88 624 000	78 159 000	67 622 000	66 338 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	149 364 000	114 301 000	105 231 000	90 913 000
Total Current Assets	532 734 000	487 825 000	443 659 000	381 323 000
Total Assets	682 098 000	602 126 000	548 889 000	472 236 000
Total Retained Equity	330 906 000	282 282 000	244 123 000	196 501 000
Total Equity	380 206 000	331 582 000	293 423 000	245 801 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	301 892 000	270 544 000	255 466 000	226 435 000
Total Equity and Debt	682 098 000	602 126 000	548 889 000	472 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 862 309 000	3 803 243 000	3 731 580 000	3 446 241 000
Other Income	14 449 000	13 980 000	13 287 000	12 158 000
Revenue	3 876 758 000	3 817 223 000	3 744 866 000	3 458 398 000
Cost of Goods Sold	3 557 523 000	3 521 761 000	3 463 073 000	3 185 698 000
Salary Costs	135 556 000	128 205 000	125 440 000	121 071 000
Depreciation	13 385 000	12 335 000	13 733 000	16 784 000
Impairment	0	0	0	0
Expenditure	3 769 354 000	3 719 138 000	3 660 238 000	3 376 678 000
Operating Profit	107 404 000	98 084 000	84 628 000	81 720 000
Financial Income	6 151 000	2 115 000	2 309 000	3 333 000
Financial Costs	9 000	11 000	81 000	3 000
Financial Balance	6 142 000	2 104 000	2 228 000	3 330 000
Dividends	40 000 000	40 000 000	20 000 000	20 000 000
Net Income	88 624 000	78 159 000	67 622 000	66 338 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 393 000	2 848 000	9 514 000	7 164 000
Real Eastate	35 889 000	40 155 000	44 006 000	47 406 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 196 000	24 847 000	17 901 000	19 410 000
Total Tangible Assets	94 416 000	66 046 000	62 811 000	67 077 000
Total Fiancial Fixed Assets	52 555 000	45 407 000	32 905 000	16 672 000
Total Fixed Assets	149 364 000	114 301 000	105 231 000	90 913 000
Stock	108 479 000	107 594 000	98 970 000	101 691 000
Total Investments	0	0	0	0
Cash, Bank	263 527 000	301 890 000	263 194 000	201 023 000
Total Current Assets	532 734 000	487 825 000	443 659 000	381 323 000
Total Assets	682 098 000	602 126 000	548 889 000	472 236 000
Total Equity	380 206 000	331 582 000	293 423 000	245 801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	205 343 000	164 110 000	176 893 000	154 266 000
Unpaid Taxes	15 519 000	17 923 000	14 406 000	12 130 000
Dividends	40 000 000	40 000 000	20 000 000	20 000 000
Other Current Debt	17 122 000	27 128 000	24 972 000	20 865 000
Total Current Debt	301 892 000	270 544 000	255 466 000	226 435 000
Total Equity and Debt	682 098 000	602 126 000	548 889 000	472 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,31 %	23,57 %	23,05 %	26,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,77 %	2,57 %	2,26 %	2,36 %
Current Ratio	1,76	1,8	1,74	1,68
Quick Ratio	2,75	2,99	2,83	3,06
Equity Ratio	0,56	0,55	0,53	0,52
Gross Profit Margin	8,23 %	7,74 %	7,52 %	7,89 %