GJØLSTAD BRUG AS

1894 RAKKESTAD

Finances

Share Ownership

Return on Equity

85,89 %

Current Ratio

1,08

Debt-to-Equity Ratio

10,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 595 000	14 812 000	4 201 000	2 065 000
Net Income	1 077 000	−1 057 000	770 000	365 000
Total Assets	18 743 000	16 648 000	15 811 000	1 922 000
Total Equity	1 254 000	177 000	1 233 000	464 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 595 000	14 812 000	4 201 000	2 065 000
Expenditure	18 488 000	15 553 000	3 097 000	1 608 000
Operating Profit	1 501 000	−741 000	1 104 000	456 000
Financial Income	10 000	7 000	0	0
Financial Costs	400 000	352 000	117 000	0
Financial Balance	−390 000	−345 000	−117 000	0
Earnings Before Tax	1 111 000	−1 087 000	987 000	456 000
Tax	34 000	−30 000	217 000	90 000
Net Income	1 077 000	−1 057 000	770 000	365 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 466 000	14 050 000	11 109 000	136 000
Total Current Assets	5 277 000	2 598 000	4 702 000	1 786 000
Total Assets	18 743 000	16 648 000	15 811 000	1 922 000
Total Retained Equity	1 104 000	27 000	1 083 000	314 000
Total Equity	1 254 000	177 000	1 233 000	464 000
Total Long-Term Debt	12 592 000	12 968 000	13 030 000	48 000
Total Current Debt	4 897 000	3 504 000	1 548 000	1 410 000
Total Equity and Debt	18 743 000	16 648 000	15 811 000	1 922 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 275 000	13 949 000	4 175 000	1 605 000
Other Income	320 000	863 000	26 000	460 000
Revenue	19 595 000	14 812 000	4 201 000	2 065 000
Cost of Goods Sold	13 144 000	10 380 000	2 258 000	1 166 000
Salary Costs	2 485 000	2 217 000	511 000	30 000
Depreciation	1 054 000	941 000	26 000	16 000
Impairment	0	0	0	0
Expenditure	18 488 000	15 553 000	3 097 000	1 608 000
Operating Profit	1 501 000	−741 000	1 104 000	456 000
Financial Income	10 000	7 000	0	0
Financial Costs	400 000	352 000	117 000	0
Financial Balance	−390 000	−345 000	−117 000	0
Dividends	0	0	0	0
Net Income	1 077 000	−1 057 000	770 000	365 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 542 000	13 068 000	10 362 000	136 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	841 000	878 000	735 000	0
Total Tangible Assets	13 383 000	13 946 000	11 097 000	136 000
Total Fiancial Fixed Assets	83 000	104 000	12 000	0
Total Fixed Assets	13 466 000	14 050 000	11 109 000	136 000
Stock	1 625 000	1 231 000	765 000	0
Total Investments	0	0	0	0
Cash, Bank	38 000	92 000	1 400 000	107 000
Total Current Assets	5 277 000	2 598 000	4 702 000	1 786 000
Total Assets	18 743 000	16 648 000	15 811 000	1 922 000
Total Equity	1 254 000	177 000	1 233 000	464 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 592 000	12 968 000	13 030 000	48 000
Creditors	1 622 000	920 000	1 128 000	28 000
Unpaid Taxes	463 000	478 000	105 000	3 000
Dividends	0	0	0	0
Other Current Debt	391 000	210 000	79 000	1 337 000
Total Current Debt	4 897 000	3 504 000	1 548 000	1 410 000
Total Equity and Debt	18 743 000	16 648 000	15 811 000	1 922 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,89 %	−597,18 %	62,45 %	78,66 %
Debt-to-Equity Ratio	10,04	73,27	10,57	0,1
Operating Profit Margin	7,66 %	−5 %	26,28 %	22,08 %
Current Ratio	1,08	0,74	3,04	1,27
Quick Ratio	1,61	1,14	6,01	1,27
Equity Ratio	0,07	0,01	0,08	0,24
Gross Profit Margin	32,92 %	29,92 %	46,25 %	43,54 %