GERMANN VERVIK EFTF AS

4313 SANDNES

Finances

Return on Equity

15,85 %

Current Ratio

1,61

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	207 947 000	179 973 000	186 684 000	186 176 000
Net Income	8 519 000	11 764 000	10 466 000	7 986 000
Total Assets	137 665 000	135 245 000	71 077 000	67 584 000
Total Equity	53 754 000	48 669 000	40 339 000	33 447 000

Income (NOK)	2022	2021	2020	2019
Revenue	207 947 000	179 973 000	186 684 000	186 176 000
Expenditure	195 293 000	164 363 000	173 040 000	175 591 000
Operating Profit	12 654 000	15 609 000	13 644 000	10 586 000
Financial Income	139 000	40 000	79 000	20 000
Financial Costs	1 981 000	454 000	314 000	352 000
Financial Balance	−1 842 000	−414 000	−235 000	−332 000
Earnings Before Tax	10 813 000	15 195 000	13 409 000	10 254 000
Tax	2 294 000	3 431 000	2 943 000	2 268 000
Net Income	8 519 000	11 764 000	10 466 000	7 986 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 916 000	101 237 000	39 465 000	39 084 000
Total Current Assets	36 749 000	34 008 000	31 612 000	28 500 000
Total Assets	137 665 000	135 245 000	71 077 000	67 584 000
Total Retained Equity	51 464 000	46 379 000	38 049 000	31 157 000
Total Equity	53 754 000	48 669 000	40 339 000	33 447 000
Total Long-Term Debt	61 119 000	64 028 000	12 120 000	13 246 000
Total Current Debt	22 792 000	22 548 000	18 618 000	20 891 000
Total Equity and Debt	137 665 000	135 245 000	71 077 000	67 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	207 872 000	179 941 000	186 591 000	185 405 000
Other Income	75 000	31 000	92 000	772 000
Revenue	207 947 000	179 973 000	186 684 000	186 176 000
Cost of Goods Sold	167 235 000	142 650 000	151 804 000	151 378 000
Salary Costs	16 794 000	11 821 000	12 139 000	12 529 000
Depreciation	1 315 000	1 769 000	1 594 000	1 412 000
Impairment	0	0	0	0
Expenditure	195 293 000	164 363 000	173 040 000	175 591 000
Operating Profit	12 654 000	15 609 000	13 644 000	10 586 000
Financial Income	139 000	40 000	79 000	20 000
Financial Costs	1 981 000	454 000	314 000	352 000
Financial Balance	−1 842 000	−414 000	−235 000	−332 000
Dividends	3 434 000	3 434 000	3 434 000	3 434 000
Net Income	8 519 000	11 764 000	10 466 000	7 986 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	550 000	1 100 000
Total Intangible Assets	0	0	550 000	1 100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 240 000	2 991 000	4 114 000	3 363 000
Total Tangible Assets	3 240 000	2 991 000	4 114 000	3 363 000
Total Fiancial Fixed Assets	97 677 000	98 246 000	34 801 000	34 621 000
Total Fixed Assets	100 916 000	101 237 000	39 465 000	39 084 000
Stock	3 306 000	3 505 000	2 741 000	3 089 000
Total Investments	0	0	0	0
Cash, Bank	17 853 000	18 030 000	17 215 000	12 284 000
Total Current Assets	36 749 000	34 008 000	31 612 000	28 500 000
Total Assets	137 665 000	135 245 000	71 077 000	67 584 000
Total Equity	53 754 000	48 669 000	40 339 000	33 447 000
Short-Term Group Debt	0	180 000	180 000	0
Total Long-Term Debt	61 119 000	64 028 000	12 120 000	13 246 000
Creditors	13 586 000	12 690 000	9 961 000	8 877 000
Unpaid Taxes	1 282 000	1 678 000	1 140 000	933 000
Dividends	3 434 000	3 434 000	3 434 000	3 434 000
Other Current Debt	2 196 000	1 135 000	1 000 000	5 379 000
Total Current Debt	22 792 000	22 548 000	18 618 000	20 891 000
Total Equity and Debt	137 665 000	135 245 000	71 077 000	67 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,85 %	24,17 %	25,95 %	23,88 %
Debt-to-Equity Ratio	1,14	1,32	0,3	0,4
Operating Profit Margin	6,09 %	8,67 %	7,31 %	5,69 %
Current Ratio	1,61	1,51	1,7	1,36
Quick Ratio	1,89	1,79	1,99	1,6
Equity Ratio	0,39	0,36	0,57	0,49
Gross Profit Margin	19,58 %	20,74 %	18,68 %	18,69 %