GJELSTEN HOLDING AS

0250 OSLO

Finances

Return on Equity

13,38 %

Current Ratio

1,37

Debt-to-Equity Ratio

2,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 468 705 000	3 899 215 000	3 295 623 000	3 395 177 000
Net Income	496 226 000	1 032 862 000	766 587 000	419 773 000
Total Assets	14 150 967 000	13 308 853 000	12 102 051 000	8 562 238 000
Total Equity	3 708 611 000	3 543 180 000	3 326 180 000	2 622 881 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 468 705 000	3 899 215 000	3 295 623 000	3 395 177 000
Expenditure	2 944 531 000	2 891 197 000	2 473 552 000	2 851 481 000
Operating Profit	524 174 000	1 008 018 000	822 071 000	543 696 000
Financial Income	258 019 000	282 091 000	229 911 000	78 213 000
Financial Costs	295 729 000	243 679 000	239 843 000	174 070 000
Financial Balance	−37 710 000	38 412 000	−9 932 000	−95 857 000
Earnings Before Tax	486 464 000	1 046 430 000	812 139 000	447 839 000
Tax	−9 762 000	13 568 000	45 552 000	28 066 000
Net Income	496 226 000	1 032 862 000	766 587 000	419 773 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 575 315 000	10 096 589 000	8 864 559 000	6 419 915 000
Total Current Assets	3 575 652 000	3 212 264 000	3 237 492 000	2 142 323 000
Total Assets	14 150 967 000	13 308 853 000	12 102 051 000	8 562 238 000
Total Retained Equity	3 624 801 000	3 459 370 000	3 242 370 000	2 539 071 000
Total Equity	3 708 611 000	3 543 180 000	3 326 180 000	2 622 881 000
Total Long-Term Debt	7 836 199 000	7 588 752 000	6 324 147 000	4 379 105 000
Total Current Debt	2 606 157 000	2 176 921 000	2 451 726 000	1 560 253 000
Total Equity and Debt	14 150 967 000	13 308 853 000	12 102 053 000	8 562 239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 939 877 000	2 927 958 000	2 506 640 000	2 861 751 000
Other Income	528 828 000	971 257 000	788 983 000	533 426 000
Revenue	3 468 705 000	3 899 215 000	3 295 623 000	3 395 177 000
Cost of Goods Sold	1 993 578 000	1 961 839 000	1 553 491 000	1 808 306 000
Salary Costs	429 696 000	422 045 000	388 768 000	477 251 000
Depreciation	172 271 000	179 266 000	0	186 412 000
Impairment	0	0	210 882 000	0
Expenditure	2 944 531 000	2 891 197 000	2 473 552 000	2 851 481 000
Operating Profit	524 174 000	1 008 018 000	822 071 000	543 696 000
Financial Income	258 019 000	282 091 000	229 911 000	78 213 000
Financial Costs	295 729 000	243 679 000	239 843 000	174 070 000
Financial Balance	−37 710 000	38 412 000	−9 932 000	−95 857 000
Dividends	0	0	0	0
Net Income	496 226 000	1 032 862 000	766 587 000	419 773 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	80 609 000	89 213 000	92 947 000	211 827 000
Total Intangible Assets	179 309 000	142 313 000	137 102 000	211 827 000
Real Eastate	6 785 176 000	6 892 538 000	6 271 218 000	4 990 159 000
Machinery and Plant Facilities	351 306 000	364 382 000	454 848 000	545 598 000
Fixtures	765 030 000	0	0	0
Total Tangible Assets	7 901 512 000	7 731 095 000	6 726 066 000	5 535 757 000
Total Fiancial Fixed Assets	2 494 494 000	2 223 181 000	2 001 391 000	672 331 000
Total Fixed Assets	10 575 315 000	10 096 589 000	8 864 559 000	6 419 915 000
Stock	1 875 255 000	1 186 194 000	1 422 961 000	969 737 000
Total Investments	0	0	0	0
Cash, Bank	637 311 000	984 946 000	950 546 000	489 331 000
Total Current Assets	3 575 652 000	3 212 264 000	3 237 492 000	2 142 323 000
Total Assets	14 150 967 000	13 308 853 000	12 102 051 000	8 562 238 000
Total Equity	3 708 611 000	3 543 180 000	3 326 180 000	2 622 881 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 836 199 000	7 588 752 000	6 324 147 000	4 379 105 000
Creditors	333 041 000	189 474 000	168 309 000	300 425 000
Unpaid Taxes	23 567 000	32 105 000	36 578 000	68 108 000
Dividends	0	0	0	0
Other Current Debt	783 005 000	713 181 000	589 446 000	595 977 000
Total Current Debt	2 606 157 000	2 176 921 000	2 451 726 000	1 560 253 000
Total Equity and Debt	14 150 967 000	13 308 853 000	12 102 053 000	8 562 239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,38 %	29,15 %	23,05 %	16 %
Debt-to-Equity Ratio	2,11	2,14	1,9	1,67
Operating Profit Margin	15,11 %	25,85 %	24,94 %	16,01 %
Current Ratio	1,37	1,48	1,32	1,37
Quick Ratio	4,89	3,24	3,15	3,63
Equity Ratio	0,26	0,27	0,27	0,31
Gross Profit Margin	42,53 %	49,69 %	52,86 %	46,74 %