URM J GJERTSEN AS

5014 BERGEN

Finances

Return on Equity

6,68 %

Current Ratio

2,6

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 004 000	19 075 000	17 538 000	18 013 000
Net Income	551 000	159 000	75 000	140 000
Total Assets	13 531 000	12 295 000	12 204 000	12 767 000
Total Equity	8 252 000	7 802 000	8 043 000	8 268 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 004 000	19 075 000	17 538 000	18 013 000
Expenditure	20 224 000	18 758 000	17 362 000	17 762 000
Operating Profit	780 000	316 000	176 000	250 000
Financial Income	31 000	16 000	11 000	12 000
Financial Costs	100 000	129 000	87 000	91 000
Financial Balance	−69 000	−113 000	−76 000	−79 000
Earnings Before Tax	710 000	203 000	100 000	172 000
Tax	160 000	45 000	25 000	32 000
Net Income	551 000	159 000	75 000	140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	361 000	215 000	313 000	515 000
Total Current Assets	13 170 000	12 080 000	11 891 000	12 252 000
Total Assets	13 531 000	12 295 000	12 204 000	12 767 000
Total Retained Equity	8 122 000	7 672 000	7 913 000	8 138 000
Total Equity	8 252 000	7 802 000	8 043 000	8 268 000
Total Long-Term Debt	217 000	402 000	588 000	400 000
Total Current Debt	5 062 000	4 091 000	3 573 000	4 099 000
Total Equity and Debt	13 531 000	12 295 000	12 204 000	12 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 004 000	19 075 000	17 538 000	18 013 000
Other Income	0	0	0	0
Revenue	21 004 000	19 075 000	17 538 000	18 013 000
Cost of Goods Sold	11 393 000	10 637 000	9 524 000	9 576 000
Salary Costs	4 942 000	4 266 000	4 046 000	4 560 000
Depreciation	79 000	102 000	274 000	253 000
Impairment	0	0	0	0
Expenditure	20 224 000	18 758 000	17 362 000	17 762 000
Operating Profit	780 000	316 000	176 000	250 000
Financial Income	31 000	16 000	11 000	12 000
Financial Costs	100 000	129 000	87 000	91 000
Financial Balance	−69 000	−113 000	−76 000	−79 000
Dividends	100 000	400 000	0	0
Net Income	551 000	159 000	75 000	140 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	159 000	149 000	177 000	158 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	188 000	52 000	122 000	346 000
Total Tangible Assets	188 000	52 000	122 000	346 000
Total Fiancial Fixed Assets	14 000	14 000	14 000	11 000
Total Fixed Assets	361 000	215 000	313 000	515 000
Stock	11 132 000	10 864 000	10 038 000	10 216 000
Total Investments	0	0	0	0
Cash, Bank	1 667 000	1 007 000	1 505 000	1 792 000
Total Current Assets	13 170 000	12 080 000	11 891 000	12 252 000
Total Assets	13 531 000	12 295 000	12 204 000	12 767 000
Total Equity	8 252 000	7 802 000	8 043 000	8 268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	217 000	402 000	588 000	400 000
Creditors	2 413 000	1 805 000	1 350 000	1 632 000
Unpaid Taxes	829 000	567 000	538 000	811 000
Dividends	100 000	400 000	0	0
Other Current Debt	1 665 000	1 669 000	1 609 000	1 586 000
Total Current Debt	5 062 000	4 091 000	3 573 000	4 099 000
Total Equity and Debt	13 531 000	12 295 000	12 204 000	12 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,68 %	2,04 %	0,93 %	1,69 %
Debt-to-Equity Ratio	0,03	0,05	0,07	0,05
Operating Profit Margin	3,71 %	1,66 %	1 %	1,39 %
Current Ratio	2,6	2,95	3,33	2,99
Quick Ratio	−2,17	−1,78	−1,84	−2
Equity Ratio	0,61	0,63	0,66	0,65
Gross Profit Margin	45,76 %	44,24 %	45,7 %	46,84 %