GERHARDSEN ELEKTRO AS

7032 TRONDHEIM

Finances

Share Ownership

Return on Equity

56,12 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 629 000	23 355 000	23 330 000	18 868 000
Net Income	2 824 000	2 849 000	2 610 000	1 460 000
Total Assets	14 369 000	12 105 000	11 180 000	10 799 000
Total Equity	5 032 000	2 381 000	1 232 000	1 622 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 629 000	23 355 000	23 330 000	18 868 000
Expenditure	29 000 000	19 685 000	19 984 000	17 009 000
Operating Profit	3 628 000	3 671 000	3 347 000	1 857 000
Financial Income	50 000	6 000	28 000	68 000
Financial Costs	43 000	12 000	20 000	41 000
Financial Balance	7 000	−6 000	8 000	27 000
Earnings Before Tax	3 634 000	3 664 000	3 355 000	1 884 000
Tax	810 000	815 000	746 000	424 000
Net Income	2 824 000	2 849 000	2 610 000	1 460 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 170 000	1 116 000	645 000	154 000
Total Current Assets	13 199 000	10 989 000	10 536 000	10 644 000
Total Assets	14 369 000	12 105 000	11 180 000	10 799 000
Total Retained Equity	4 882 000	2 231 000	1 082 000	1 472 000
Total Equity	5 032 000	2 381 000	1 232 000	1 622 000
Total Long-Term Debt	18 000	0	0	0
Total Current Debt	9 319 000	9 724 000	9 948 000	9 176 000
Total Equity and Debt	14 369 000	12 105 000	11 180 000	10 799 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 629 000	23 355 000	23 330 000	18 868 000
Other Income	0	0	0	0
Revenue	32 629 000	23 355 000	23 330 000	18 868 000
Cost of Goods Sold	14 703 000	8 114 000	9 768 000	7 606 000
Salary Costs	11 694 000	9 355 000	8 590 000	7 448 000
Depreciation	261 000	173 000	22 000	85 000
Impairment	0	0	0	0
Expenditure	29 000 000	19 685 000	19 984 000	17 009 000
Operating Profit	3 628 000	3 671 000	3 347 000	1 857 000
Financial Income	50 000	6 000	28 000	68 000
Financial Costs	43 000	12 000	20 000	41 000
Financial Balance	7 000	−6 000	8 000	27 000
Dividends	0	1 564 000	3 000 000	3 000 000
Net Income	2 824 000	2 849 000	2 610 000	1 460 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	30 000	22 000	134 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 148 000	1 058 000	623 000	21 000
Total Tangible Assets	1 148 000	1 058 000	623 000	21 000
Total Fiancial Fixed Assets	22 000	28 000	0	0
Total Fixed Assets	1 170 000	1 116 000	645 000	154 000
Stock	771 000	766 000	521 000	611 000
Total Investments	0	0	0	0
Cash, Bank	3 006 000	5 126 000	5 674 000	6 317 000
Total Current Assets	13 199 000	10 989 000	10 536 000	10 644 000
Total Assets	14 369 000	12 105 000	11 180 000	10 799 000
Total Equity	5 032 000	2 381 000	1 232 000	1 622 000
Short-Term Group Debt	3 514 000	3 185 000	3 015 000	3 260 000
Total Long-Term Debt	18 000	0	0	0
Creditors	1 794 000	1 547 000	1 257 000	702 000
Unpaid Taxes	1 764 000	1 424 000	1 308 000	1 049 000
Dividends	0	1 564 000	3 000 000	3 000 000
Other Current Debt	1 533 000	1 218 000	735 000	696 000
Total Current Debt	9 319 000	9 724 000	9 948 000	9 176 000
Total Equity and Debt	14 369 000	12 105 000	11 180 000	10 799 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,12 %	119,66 %	211,85 %	90,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,12 %	15,72 %	14,35 %	9,84 %
Current Ratio	1,42	1,13	1,06	1,16
Quick Ratio	1,54	1,23	1,12	1,24
Equity Ratio	0,35	0,2	0,11	0,15
Gross Profit Margin	54,94 %	65,26 %	58,13 %	59,69 %