GEMINOR AS

4262 AVALDSNES

Finances

Return on Equity

27,35 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 942 273 000	1 614 227 000	1 597 766 000	1 234 672 000
Net Income	41 186 000	16 667 000	28 855 000	19 282 000
Total Assets	518 478 000	395 257 000	343 934 000	319 705 000
Total Equity	150 591 000	109 719 000	98 194 000	88 496 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 942 273 000	1 614 227 000	1 597 766 000	1 234 672 000
Expenditure	1 890 981 000	1 593 367 000	1 568 179 000	1 209 338 000
Operating Profit	51 292 000	20 860 000	29 586 000	25 334 000
Financial Income	21 195 000	14 316 000	8 779 000	2 502 000
Financial Costs	19 434 000	15 219 000	8 977 000	4 497 000
Financial Balance	1 761 000	−903 000	−198 000	−1 995 000
Earnings Before Tax	53 052 000	19 957 000	29 388 000	23 340 000
Tax	11 866 000	3 290 000	533 000	4 057 000
Net Income	41 186 000	16 667 000	28 855 000	19 282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	175 055 000	75 625 000	46 715 000	27 998 000
Total Current Assets	343 423 000	319 632 000	297 219 000	291 707 000
Total Assets	518 478 000	395 257 000	343 934 000	319 705 000
Total Retained Equity	149 700 000	108 828 000	97 303 000	87 605 000
Total Equity	150 591 000	109 719 000	98 194 000	88 496 000
Total Long-Term Debt	34 281 000	11 034 000	14 201 000	7 553 000
Total Current Debt	333 606 000	274 504 000	231 539 000	223 656 000
Total Equity and Debt	518 478 000	395 257 000	343 934 000	319 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 936 245 000	1 610 147 000	1 591 983 000	1 229 288 000
Other Income	6 029 000	4 079 000	5 783 000	5 384 000
Revenue	1 942 273 000	1 614 227 000	1 597 766 000	1 234 672 000
Cost of Goods Sold	1 749 681 000	1 469 082 000	1 438 229 000	1 101 598 000
Salary Costs	84 169 000	70 207 000	66 717 000	53 087 000
Depreciation	8 223 000	6 711 000	5 215 000	7 583 000
Impairment	0	0	0	0
Expenditure	1 890 981 000	1 593 367 000	1 568 179 000	1 209 338 000
Operating Profit	51 292 000	20 860 000	29 586 000	25 334 000
Financial Income	21 195 000	14 316 000	8 779 000	2 502 000
Financial Costs	19 434 000	15 219 000	8 977 000	4 497 000
Financial Balance	1 761 000	−903 000	−198 000	−1 995 000
Dividends	0	5 800 000	0	0
Net Income	41 186 000	16 667 000	28 855 000	19 282 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	786 000	940 000	949 000	−724 000
Total Intangible Assets	9 491 000	12 153 000	10 112 000	−202 000
Real Eastate	109 356 000	27 996 000	24 612 000	11 027 000
Machinery and Plant Facilities	9 510 000	8 740 000	6 138 000	7 800 000
Fixtures	710 000	459 000	4 185 000	6 967 000
Total Tangible Assets	119 576 000	37 196 000	34 935 000	25 794 000
Total Fiancial Fixed Assets	45 988 000	26 275 000	1 668 000	2 406 000
Total Fixed Assets	175 055 000	75 625 000	46 715 000	27 998 000
Stock	1 893 000	862 000	507 000	250 000
Total Investments	0	0	0	0
Cash, Bank	38 435 000	86 168 000	50 950 000	45 665 000
Total Current Assets	343 423 000	319 632 000	297 219 000	291 707 000
Total Assets	518 478 000	395 257 000	343 934 000	319 705 000
Total Equity	150 591 000	109 719 000	98 194 000	88 496 000
Short-Term Group Debt	96 966 000	0	0	0
Total Long-Term Debt	34 281 000	11 034 000	14 201 000	7 553 000
Creditors	201 210 000	178 265 000	120 659 000	136 839 000
Unpaid Taxes	28 085 000	17 704 000	36 553 000	30 541 000
Dividends	0	5 800 000	0	0
Other Current Debt	0	74 982 000	70 397 000	53 677 000
Total Current Debt	333 606 000	274 504 000	231 539 000	223 656 000
Total Equity and Debt	518 478 000	395 257 000	343 934 000	319 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,35 %	15,19 %	29,39 %	21,79 %
Debt-to-Equity Ratio	0,23	0,1	0,14	0,09
Operating Profit Margin	2,64 %	1,29 %	1,85 %	2,05 %
Current Ratio	1,03	1,16	1,28	1,3
Quick Ratio	1,04	1,17	1,29	1,31
Equity Ratio	0,29	0,28	0,29	0,28
Gross Profit Margin	9,92 %	8,99 %	9,99 %	10,78 %