OLAF GJESTI & SØNN AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

24,19 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 892 000	16 338 000	14 693 000	17 274 000
Net Income	397 000	639 000	544 000	846 000
Total Assets	4 938 000	3 639 000	2 913 000	3 440 000
Total Equity	1 641 000	1 494 000	1 205 000	1 012 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 892 000	16 338 000	14 693 000	17 274 000
Expenditure	16 364 000	15 519 000	13 998 000	16 204 000
Operating Profit	529 000	819 000	695 000	1 070 000
Financial Income	7 000	1 000	5 000	16 000
Financial Costs	27 000	0	1 000	1 000
Financial Balance	−20 000	1 000	4 000	15 000
Earnings Before Tax	509 000	819 000	699 000	1 085 000
Tax	112 000	181 000	155 000	239 000
Net Income	397 000	639 000	544 000	846 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 380 000	63 000	69 000	113 000
Total Current Assets	3 558 000	3 576 000	2 844 000	3 327 000
Total Assets	4 938 000	3 639 000	2 913 000	3 440 000
Total Retained Equity	1 441 000	1 294 000	1 005 000	812 000
Total Equity	1 641 000	1 494 000	1 205 000	1 012 000
Total Long-Term Debt	1 036 000	0	0	0
Total Current Debt	2 261 000	2 145 000	1 708 000	2 429 000
Total Equity and Debt	4 938 000	3 639 000	2 913 000	3 440 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 722 000	16 338 000	14 693 000	17 274 000
Other Income	170 000	0	0	0
Revenue	16 892 000	16 338 000	14 693 000	17 274 000
Cost of Goods Sold	11 416 000	10 915 000	9 747 000	11 422 000
Salary Costs	2 842 000	2 785 000	2 518 000	2 234 000
Depreciation	148 000	25 000	50 000	53 000
Impairment	0	0	0	0
Expenditure	16 364 000	15 519 000	13 998 000	16 204 000
Operating Profit	529 000	819 000	695 000	1 070 000
Financial Income	7 000	1 000	5 000	16 000
Financial Costs	27 000	0	1 000	1 000
Financial Balance	−20 000	1 000	4 000	15 000
Dividends	250 000	350 000	350 000	800 000
Net Income	397 000	639 000	544 000	846 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	20 000	20 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 000	13 000	0	0
Fixtures	1 344 000	0	19 000	68 000
Total Tangible Assets	1 350 000	13 000	19 000	68 000
Total Fiancial Fixed Assets	31 000	31 000	31 000	31 000
Total Fixed Assets	1 380 000	63 000	69 000	113 000
Stock	733 000	663 000	608 000	463 000
Total Investments	0	0	0	0
Cash, Bank	1 886 000	1 946 000	1 264 000	1 739 000
Total Current Assets	3 558 000	3 576 000	2 844 000	3 327 000
Total Assets	4 938 000	3 639 000	2 913 000	3 440 000
Total Equity	1 641 000	1 494 000	1 205 000	1 012 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 036 000	0	0	0
Creditors	1 023 000	713 000	463 000	603 000
Unpaid Taxes	606 000	549 000	496 000	415 000
Dividends	250 000	350 000	350 000	800 000
Other Current Debt	347 000	352 000	239 000	373 000
Total Current Debt	2 261 000	2 145 000	1 708 000	2 429 000
Total Equity and Debt	4 938 000	3 639 000	2 913 000	3 440 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,19 %	42,77 %	45,15 %	83,6 %
Debt-to-Equity Ratio	0,63	0	0	0
Operating Profit Margin	3,13 %	5,01 %	4,73 %	6,19 %
Current Ratio	1,57	1,67	1,67	1,37
Quick Ratio	2,33	2,41	2,59	1,69
Equity Ratio	0,33	0,41	0,41	0,29
Gross Profit Margin	32,42 %	33,19 %	33,66 %	33,88 %