GERD T MARTINSEN AS

3058 SOLBERGMOEN

Finances

Share Ownership

Return on Equity

−13,25 %

Current Ratio

6,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 022 000	5 172 000	5 745 000	5 809 000
Net Income	−428 000	89 000	548 000	−3 000
Total Assets	3 629 000	4 256 000	4 348 000	3 661 000
Total Equity	3 231 000	3 659 000	3 570 000	3 222 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 022 000	5 172 000	5 745 000	5 809 000
Expenditure	4 580 000	5 062 000	5 045 000	5 816 000
Operating Profit	−557 000	109 000	700 000	−8 000
Financial Income	9 000	7 000	7 000	6 000
Financial Costs	1 000	1 000	4 000	1 000
Financial Balance	8 000	6 000	3 000	5 000
Earnings Before Tax	−549 000	114 000	703 000	−3 000
Tax	−121 000	25 000	155 000	−1 000
Net Income	−428 000	89 000	548 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 168 000	1 004 000	1 012 000	1 103 000
Total Current Assets	2 461 000	3 253 000	3 337 000	2 559 000
Total Assets	3 629 000	4 256 000	4 348 000	3 661 000
Total Retained Equity	3 131 000	3 559 000	3 470 000	3 122 000
Total Equity	3 231 000	3 659 000	3 570 000	3 222 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	398 000	597 000	778 000	440 000
Total Equity and Debt	3 629 000	4 256 000	4 348 000	3 661 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 854 000	4 989 000	5 569 000	5 694 000
Other Income	168 000	183 000	175 000	115 000
Revenue	4 022 000	5 172 000	5 745 000	5 809 000
Cost of Goods Sold	2 245 000	2 803 000	3 083 000	3 349 000
Salary Costs	1 711 000	1 598 000	1 336 000	1 685 000
Depreciation	19 000	21 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	4 580 000	5 062 000	5 045 000	5 816 000
Operating Profit	−557 000	109 000	700 000	−8 000
Financial Income	9 000	7 000	7 000	6 000
Financial Costs	1 000	1 000	4 000	1 000
Financial Balance	8 000	6 000	3 000	5 000
Dividends	0	0	200 000	0
Net Income	−428 000	89 000	548 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	170 000	50 000	36 000	105 000
Real Eastate	998 000	948 000	959 000	970 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	7 000	17 000	27 000
Total Tangible Assets	998 000	954 000	976 000	997 000
Total Fiancial Fixed Assets	0	0	0	1 000
Total Fixed Assets	1 168 000	1 004 000	1 012 000	1 103 000
Stock	1 707 000	1 667 000	1 736 000	1 630 000
Total Investments	0	0	0	0
Cash, Bank	479 000	1 293 000	1 405 000	724 000
Total Current Assets	2 461 000	3 253 000	3 337 000	2 559 000
Total Assets	3 629 000	4 256 000	4 348 000	3 661 000
Total Equity	3 231 000	3 659 000	3 570 000	3 222 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	64 000	108 000	108 000	76 000
Unpaid Taxes	171 000	212 000	213 000	209 000
Dividends	0	0	200 000	0
Other Current Debt	163 000	239 000	171 000	155 000
Total Current Debt	398 000	597 000	778 000	440 000
Total Equity and Debt	3 629 000	4 256 000	4 348 000	3 661 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,25 %	2,43 %	15,35 %	−0,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13,85 %	2,11 %	12,18 %	−0,14 %
Current Ratio	6,18	5,45	4,29	5,82
Quick Ratio	−1,88	−3,04	−3,48	−2,15
Equity Ratio	0,89	0,86	0,82	0,88
Gross Profit Margin	44,18 %	45,8 %	46,34 %	42,35 %