GECOM AS

3188 HORTEN

Finances

Share Ownership

Return on Equity

41,17 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 008 000	19 942 000	17 336 000	17 830 000
Net Income	1 361 000	1 008 000	433 000	433 000
Total Assets	9 283 000	9 222 000	8 079 000	8 038 000
Total Equity	3 306 000	3 172 000	3 169 000	3 792 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 008 000	19 942 000	17 336 000	17 830 000
Expenditure	20 295 000	18 650 000	16 774 000	17 240 000
Operating Profit	1 714 000	1 292 000	562 000	589 000
Financial Income	46 000	7 000	4 000	4 000
Financial Costs	4 000	2 000	5 000	34 000
Financial Balance	42 000	5 000	−1 000	−30 000
Earnings Before Tax	1 756 000	1 298 000	560 000	559 000
Tax	396 000	290 000	127 000	126 000
Net Income	1 361 000	1 008 000	433 000	433 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 000	34 000	60 000	137 000
Total Current Assets	9 198 000	9 188 000	8 019 000	7 902 000
Total Assets	9 283 000	9 222 000	8 079 000	8 038 000
Total Retained Equity	1 092 000	958 000	954 000	1 578 000
Total Equity	3 306 000	3 172 000	3 169 000	3 792 000
Total Long-Term Debt	110 000	60 000	78 000	300 000
Total Current Debt	5 868 000	5 990 000	4 833 000	3 947 000
Total Equity and Debt	9 283 000	9 222 000	8 079 000	8 038 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 990 000	19 942 000	17 326 000	17 830 000
Other Income	18 000	0	10 000	0
Revenue	22 008 000	19 942 000	17 336 000	17 830 000
Cost of Goods Sold	7 838 000	6 109 000	5 226 000	5 456 000
Salary Costs	9 088 000	8 499 000	8 613 000	9 082 000
Depreciation	12 000	30 000	91 000	151 000
Impairment	0	0	0	0
Expenditure	20 295 000	18 650 000	16 774 000	17 240 000
Operating Profit	1 714 000	1 292 000	562 000	589 000
Financial Income	46 000	7 000	4 000	4 000
Financial Costs	4 000	2 000	5 000	34 000
Financial Balance	42 000	5 000	−1 000	−30 000
Dividends	0	0	0	200 000
Net Income	1 361 000	1 008 000	433 000	433 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	8 000	56 000
Fixtures	85 000	34 000	23 000	66 000
Total Tangible Assets	85 000	34 000	30 000	122 000
Total Fiancial Fixed Assets	0	0	30 000	15 000
Total Fixed Assets	85 000	34 000	60 000	137 000
Stock	1 318 000	1 559 000	1 205 000	1 293 000
Total Investments	0	0	0	0
Cash, Bank	375 000	390 000	380 000	2 749 000
Total Current Assets	9 198 000	9 188 000	8 019 000	7 902 000
Total Assets	9 283 000	9 222 000	8 079 000	8 038 000
Total Equity	3 306 000	3 172 000	3 169 000	3 792 000
Short-Term Group Debt	1 572 000	1 287 000	1 355 000	0
Total Long-Term Debt	110 000	60 000	78 000	300 000
Creditors	1 366 000	1 839 000	1 343 000	1 279 000
Unpaid Taxes	1 216 000	1 005 000	1 200 000	1 187 000
Dividends	0	0	0	200 000
Other Current Debt	1 714 000	1 858 000	935 000	1 280 000
Total Current Debt	5 868 000	5 990 000	4 833 000	3 947 000
Total Equity and Debt	9 283 000	9 222 000	8 079 000	8 038 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,17 %	31,78 %	13,66 %	11,42 %
Debt-to-Equity Ratio	0,03	0,02	0,02	0,08
Operating Profit Margin	7,79 %	6,48 %	3,24 %	3,3 %
Current Ratio	1,57	1,53	1,66	2
Quick Ratio	2,02	2,07	2,21	2,98
Equity Ratio	0,36	0,34	0,39	0,47
Gross Profit Margin	64,39 %	69,37 %	69,85 %	69,4 %