GMS-GJØVIK MOTOR SERVICE AS

2816 GJØVIK

Finances

Share Ownership

Return on Equity

47,44 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 736 000	24 211 000	22 073 000	15 707 000
Net Income	900 000	596 000	393 000	−177 000
Total Assets	7 001 000	5 441 000	4 979 000	4 955 000
Total Equity	1 897 000	1 304 000	971 000	903 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 736 000	24 211 000	22 073 000	15 707 000
Expenditure	26 393 000	23 357 000	21 430 000	15 735 000
Operating Profit	1 343 000	853 000	643 000	−27 000
Financial Income	2 000	1 000	2 000	5 000
Financial Costs	156 000	86 000	113 000	155 000
Financial Balance	−154 000	−85 000	−111 000	−150 000
Earnings Before Tax	1 190 000	768 000	532 000	−177 000
Tax	290 000	172 000	139 000	0
Net Income	900 000	596 000	393 000	−177 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	651 000	726 000	711 000	474 000
Total Current Assets	6 350 000	4 715 000	4 268 000	4 481 000
Total Assets	7 001 000	5 441 000	4 979 000	4 955 000
Total Retained Equity	1 497 000	904 000	571 000	503 000
Total Equity	1 897 000	1 304 000	971 000	903 000
Total Long-Term Debt	820 000	1 157 000	1 075 000	1 012 000
Total Current Debt	4 284 000	2 980 000	2 933 000	3 039 000
Total Equity and Debt	7 001 000	5 441 000	4 979 000	4 955 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 104 000	23 568 000	21 684 000	15 438 000
Other Income	632 000	643 000	389 000	269 000
Revenue	27 736 000	24 211 000	22 073 000	15 707 000
Cost of Goods Sold	20 126 000	18 134 000	16 391 000	11 399 000
Salary Costs	2 848 000	2 750 000	2 819 000	2 437 000
Depreciation	205 000	167 000	175 000	100 000
Impairment	0	0	0	0
Expenditure	26 393 000	23 357 000	21 430 000	15 735 000
Operating Profit	1 343 000	853 000	643 000	−27 000
Financial Income	2 000	1 000	2 000	5 000
Financial Costs	156 000	86 000	113 000	155 000
Financial Balance	−154 000	−85 000	−111 000	−150 000
Dividends	0	0	0	0
Net Income	900 000	596 000	393 000	−177 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	298 000	379 000	333 000	275 000
Fixtures	353 000	346 000	377 000	199 000
Total Tangible Assets	651 000	726 000	711 000	474 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	651 000	726 000	711 000	474 000
Stock	5 446 000	4 584 000	3 694 000	3 837 000
Total Investments	0	0	0	0
Cash, Bank	124 000	83 000	122 000	43 000
Total Current Assets	6 350 000	4 715 000	4 268 000	4 481 000
Total Assets	7 001 000	5 441 000	4 979 000	4 955 000
Total Equity	1 897 000	1 304 000	971 000	903 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	820 000	1 157 000	1 075 000	1 012 000
Creditors	930 000	1 107 000	891 000	1 418 000
Unpaid Taxes	197 000	108 000	202 000	198 000
Dividends	0	0	0	0
Other Current Debt	1 857 000	1 369 000	1 178 000	819 000
Total Current Debt	4 284 000	2 980 000	2 933 000	3 039 000
Total Equity and Debt	7 001 000	5 441 000	4 979 000	4 955 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,44 %	45,71 %	40,47 %	−19,6 %
Debt-to-Equity Ratio	0,43	0,89	1,11	1,12
Operating Profit Margin	4,84 %	3,52 %	2,91 %	−0,17 %
Current Ratio	1,48	1,58	1,46	1,47
Quick Ratio	−5,46	−2,94	−5,61	−5,62
Equity Ratio	0,27	0,24	0,2	0,18
Gross Profit Margin	27,44 %	25,1 %	25,74 %	27,43 %