GAVIN AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

155,11 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 766 000	11 801 000	10 646 000	7 670 000
Net Income	2 550 000	3 051 000	2 158 000	1 316 000
Total Assets	5 907 000	7 765 000	6 673 000	4 688 000
Total Equity	1 644 000	1 635 000	1 629 000	1 616 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 766 000	11 801 000	10 646 000	7 670 000
Expenditure	8 427 000	7 923 000	7 855 000	5 937 000
Operating Profit	3 340 000	3 878 000	2 791 000	1 734 000
Financial Income	80 000	99 000	65 000	16 000
Financial Costs	150 000	66 000	90 000	46 000
Financial Balance	−70 000	33 000	−25 000	−30 000
Earnings Before Tax	3 269 000	3 911 000	2 766 000	1 703 000
Tax	719 000	860 000	609 000	388 000
Net Income	2 550 000	3 051 000	2 158 000	1 316 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 000	4 000	8 000
Total Current Assets	5 907 000	7 762 000	6 669 000	4 680 000
Total Assets	5 907 000	7 765 000	6 673 000	4 688 000
Total Retained Equity	1 144 000	1 135 000	1 129 000	1 116 000
Total Equity	1 644 000	1 635 000	1 629 000	1 616 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 263 000	6 130 000	5 044 000	3 072 000
Total Equity and Debt	5 907 000	7 765 000	6 673 000	4 688 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 766 000	11 801 000	10 646 000	7 670 000
Other Income	0	0	0	0
Revenue	11 766 000	11 801 000	10 646 000	7 670 000
Cost of Goods Sold	8 264 000	7 852 000	7 772 000	5 368 000
Salary Costs	0	3 000	3 000	3 000
Depreciation	0	0	0	2 000
Impairment	0	0	0	0
Expenditure	8 427 000	7 923 000	7 855 000	5 937 000
Operating Profit	3 340 000	3 878 000	2 791 000	1 734 000
Financial Income	80 000	99 000	65 000	16 000
Financial Costs	150 000	66 000	90 000	46 000
Financial Balance	−70 000	33 000	−25 000	−30 000
Dividends	0	0	0	0
Net Income	2 550 000	3 051 000	2 158 000	1 316 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	4 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	3 000	4 000	8 000
Stock	654 000	1 508 000	763 000	779 000
Total Investments	0	0	0	0
Cash, Bank	3 969 000	5 158 000	4 978 000	2 919 000
Total Current Assets	5 907 000	7 762 000	6 669 000	4 680 000
Total Assets	5 907 000	7 765 000	6 673 000	4 688 000
Total Equity	1 644 000	1 635 000	1 629 000	1 616 000
Short-Term Group Debt	3 258 000	4 387 000	3 635 000	1 771 000
Total Long-Term Debt	0	0	0	0
Creditors	431 000	1 138 000	908 000	580 000
Unpaid Taxes	491 000	534 000	462 000	331 000
Dividends	0	0	0	0
Other Current Debt	83 000	71 000	39 000	390 000
Total Current Debt	4 263 000	6 130 000	5 044 000	3 072 000
Total Equity and Debt	5 907 000	7 765 000	6 673 000	4 688 000

Financial indicators	2022	2021	2020	2019
Return on Equity	155,11 %	186,61 %	132,47 %	81,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,39 %	32,86 %	26,22 %	22,61 %
Current Ratio	1,39	1,27	1,32	1,52
Quick Ratio	1,64	1,68	1,56	2,04
Equity Ratio	0,28	0,21	0,24	0,34
Gross Profit Margin	29,76 %	33,46 %	27 %	30,01 %