GJERALDSTVEIT MEKANISKE AS

5705 VOSS

Finances

Share Ownership

Return on Equity

20,8 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 691 000	25 951 000	21 479 000	21 636 000
Net Income	1 933 000	1 333 000	908 000	3 675 000
Total Assets	25 020 000	22 371 000	18 690 000	20 375 000
Total Equity	9 293 000	17 466 000	14 763 000	14 054 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 691 000	25 951 000	21 479 000	21 636 000
Expenditure	17 060 000	24 972 000	20 066 000	17 223 000
Operating Profit	2 477 000	1 712 000	1 165 000	4 713 000
Financial Income	2 000	1 000	7 000	5 000
Financial Costs	1 000	3 000	4 000	6 000
Financial Balance	1 000	−2 000	3 000	−1 000
Earnings Before Tax	2 478 000	1 709 000	1 168 000	4 712 000
Tax	545 000	376 000	259 000	1 037 000
Net Income	1 933 000	1 333 000	908 000	3 675 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 733 000	5 677 000	4 784 000	4 011 000
Total Current Assets	19 287 000	16 694 000	13 906 000	16 365 000
Total Assets	25 020 000	22 371 000	18 690 000	20 375 000
Total Retained Equity	9 223 000	17 396 000	14 693 000	13 984 000
Total Equity	9 293 000	17 466 000	14 763 000	14 054 000
Total Long-Term Debt	323 000	1 048 000	323 000	494 000
Total Current Debt	15 405 000	3 858 000	3 605 000	5 827 000
Total Equity and Debt	25 020 000	22 371 000	18 690 000	20 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 691 000	25 951 000	21 385 000	21 636 000
Other Income	0	0	94 000	0
Revenue	19 691 000	25 951 000	21 479 000	21 636 000
Cost of Goods Sold	5 553 000	13 303 000	8 284 000	5 894 000
Salary Costs	7 037 000	6 824 000	7 286 000	6 530 000
Depreciation	114 000	321 000	368 000	511 000
Impairment	0	0	0	0
Expenditure	17 060 000	24 972 000	20 066 000	17 223 000
Operating Profit	2 477 000	1 712 000	1 165 000	4 713 000
Financial Income	2 000	1 000	7 000	5 000
Financial Costs	1 000	3 000	4 000	6 000
Financial Balance	1 000	−2 000	3 000	−1 000
Dividends	5 000 000	0	0	0
Net Income	1 933 000	1 333 000	908 000	3 675 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	170 000	0	37 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	296 000	402 000	424 000	772 000
Fixtures	23 000	31 000	39 000	26 000
Total Tangible Assets	319 000	433 000	463 000	798 000
Total Fiancial Fixed Assets	5 244 000	5 244 000	4 284 000	3 213 000
Total Fixed Assets	5 733 000	5 677 000	4 784 000	4 011 000
Stock	1 300 000	1 453 000	720 000	1 303 000
Total Investments	0	0	0	0
Cash, Bank	687 000	2 240 000	1 591 000	2 558 000
Total Current Assets	19 287 000	16 694 000	13 906 000	16 365 000
Total Assets	25 020 000	22 371 000	18 690 000	20 375 000
Total Equity	9 293 000	17 466 000	14 763 000	14 054 000
Short-Term Group Debt	6 546 000	0	0	0
Total Long-Term Debt	323 000	1 048 000	323 000	494 000
Creditors	1 343 000	1 840 000	1 314 000	2 075 000
Unpaid Taxes	1 057 000	1 248 000	1 187 000	2 103 000
Dividends	5 000 000	0	0	0
Other Current Debt	1 459 000	769 000	636 000	538 000
Total Current Debt	15 405 000	3 858 000	3 605 000	5 827 000
Total Equity and Debt	25 020 000	22 371 000	18 690 000	20 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,8 %	7,63 %	6,15 %	26,15 %
Debt-to-Equity Ratio	0,03	0,06	0,02	0,04
Operating Profit Margin	12,58 %	6,6 %	5,42 %	21,78 %
Current Ratio	1,25	4,33	3,86	2,81
Quick Ratio	1,37	6,94	4,82	3,62
Equity Ratio	0,37	0,78	0,79	0,69
Gross Profit Margin	71,8 %	48,74 %	61,43 %	72,76 %