GAMLAVÆRKET AS

4306 SANDNES

Finances

Return on Equity

66,42 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 034 000	18 016 000	16 988 000	24 746 000
Net Income	4 648 000	54 000	136 000	−684 000
Total Assets	15 131 000	6 979 000	5 406 000	7 689 000
Total Equity	6 998 000	2 350 000	2 296 000	2 041 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 034 000	18 016 000	16 988 000	24 746 000
Expenditure	28 160 000	17 927 000	16 802 000	25 587 000
Operating Profit	5 873 000	90 000	186 000	−841 000
Financial Income	102 000	0	2 000	2 000
Financial Costs	5 000	11 000	10 000	31 000
Financial Balance	97 000	−11 000	−8 000	−29 000
Earnings Before Tax	5 970 000	79 000	177 000	−870 000
Tax	1 323 000	25 000	41 000	−186 000
Net Income	4 648 000	54 000	136 000	−684 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	851 000	729 000	248 000	350 000
Total Current Assets	14 280 000	6 250 000	5 158 000	7 339 000
Total Assets	15 131 000	6 979 000	5 406 000	7 689 000
Total Retained Equity	4 838 000	190 000	136 000	0
Total Equity	6 998 000	2 350 000	2 296 000	2 041 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 133 000	4 629 000	3 110 000	5 648 000
Total Equity and Debt	15 131 000	6 979 000	5 406 000	7 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 534 000	16 926 000	16 888 000	24 746 000
Other Income	500 000	1 090 000	100 000	0
Revenue	34 034 000	18 016 000	16 988 000	24 746 000
Cost of Goods Sold	5 174 000	3 792 000	3 766 000	5 625 000
Salary Costs	10 569 000	5 652 000	6 827 000	11 985 000
Depreciation	193 000	158 000	104 000	174 000
Impairment	0	0	0	85 000
Expenditure	28 160 000	17 927 000	16 802 000	25 587 000
Operating Profit	5 873 000	90 000	186 000	−841 000
Financial Income	102 000	0	2 000	2 000
Financial Costs	5 000	11 000	10 000	31 000
Financial Balance	97 000	−11 000	−8 000	−29 000
Dividends	0	0	0	0
Net Income	4 648 000	54 000	136 000	−684 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	62 000	77 000	96 000	171 000
Real Eastate	0	0	0	11 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	790 000	652 000	152 000	168 000
Total Tangible Assets	790 000	652 000	152 000	179 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	851 000	729 000	248 000	350 000
Stock	579 000	614 000	524 000	865 000
Total Investments	0	0	0	0
Cash, Bank	488 000	322 000	215 000	332 000
Total Current Assets	14 280 000	6 250 000	5 158 000	7 339 000
Total Assets	15 131 000	6 979 000	5 406 000	7 689 000
Total Equity	6 998 000	2 350 000	2 296 000	2 041 000
Short-Term Group Debt	292 000	120 000	77 000	137 000
Total Long-Term Debt	0	0	0	0
Creditors	2 525 000	1 370 000	816 000	1 614 000
Unpaid Taxes	1 528 000	1 126 000	767 000	1 421 000
Dividends	0	0	0	0
Other Current Debt	2 481 000	2 007 000	1 450 000	2 477 000
Total Current Debt	8 133 000	4 629 000	3 110 000	5 648 000
Total Equity and Debt	15 131 000	6 979 000	5 406 000	7 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,42 %	2,3 %	5,92 %	−33,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,26 %	0,5 %	1,09 %	−3,4 %
Current Ratio	1,76	1,35	1,66	1,3
Quick Ratio	1,89	1,56	1,99	1,53
Equity Ratio	0,46	0,34	0,42	0,27
Gross Profit Margin	84,8 %	78,95 %	77,83 %	77,27 %