GM SERVICE AS

0668 OSLO

Finances

Share Ownership

Return on Equity

24,27 %

Current Ratio

2,59

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 387 000	19 687 000	14 886 000	17 754 000
Net Income	2 939 000	1 548 000	1 370 000	706 000
Total Assets	19 455 000	15 346 000	11 710 000	11 646 000
Total Equity	12 112 000	9 173 000	8 624 000	7 254 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 387 000	19 687 000	14 886 000	17 754 000
Expenditure	22 601 000	17 645 000	13 127 000	16 558 000
Operating Profit	3 786 000	2 041 000	1 758 000	965 000
Financial Income	138 000	38 000	11 000	68 000
Financial Costs	153 000	90 000	13 000	128 000
Financial Balance	−15 000	−52 000	−2 000	−60 000
Earnings Before Tax	3 771 000	1 989 000	1 756 000	905 000
Tax	832 000	440 000	387 000	199 000
Net Income	2 939 000	1 548 000	1 370 000	706 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	614 000	847 000	626 000	358 000
Total Current Assets	18 841 000	14 499 000	11 084 000	11 287 000
Total Assets	19 455 000	15 346 000	11 710 000	11 646 000
Total Retained Equity	12 012 000	9 073 000	8 524 000	7 154 000
Total Equity	12 112 000	9 173 000	8 624 000	7 254 000
Total Long-Term Debt	72 000	49 000	84 000	93 000
Total Current Debt	7 272 000	6 125 000	3 002 000	4 298 000
Total Equity and Debt	19 455 000	15 346 000	11 710 000	11 646 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 032 000	19 687 000	14 745 000	17 367 000
Other Income	355 000	0	141 000	387 000
Revenue	26 387 000	19 687 000	14 886 000	17 754 000
Cost of Goods Sold	18 284 000	13 386 000	9 889 000	12 147 000
Salary Costs	1 617 000	1 463 000	1 133 000	2 032 000
Depreciation	242 000	184 000	117 000	105 000
Impairment	0	0	0	0
Expenditure	22 601 000	17 645 000	13 127 000	16 558 000
Operating Profit	3 786 000	2 041 000	1 758 000	965 000
Financial Income	138 000	38 000	11 000	68 000
Financial Costs	153 000	90 000	13 000	128 000
Financial Balance	−15 000	−52 000	−2 000	−60 000
Dividends	0	1 000 000	0	0
Net Income	2 939 000	1 548 000	1 370 000	706 000

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	0	0	0	0
Fixtures	614 000	847 000	626 000	358 000
Total Tangible Assets	614 000	847 000	626 000	358 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	614 000	847 000	626 000	358 000
Stock	12 817 000	11 269 000	8 976 000	9 284 000
Total Investments	0	0	0	0
Cash, Bank	3 495 000	2 643 000	1 676 000	1 106 000
Total Current Assets	18 841 000	14 499 000	11 084 000	11 287 000
Total Assets	19 455 000	15 346 000	11 710 000	11 646 000
Total Equity	12 112 000	9 173 000	8 624 000	7 254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	72 000	49 000	84 000	93 000
Creditors	4 294 000	2 701 000	1 602 000	3 637 000
Unpaid Taxes	1 142 000	569 000	734 000	111 000
Dividends	0	1 000 000	0	0
Other Current Debt	1 026 000	1 379 000	270 000	323 000
Total Current Debt	7 272 000	6 125 000	3 002 000	4 298 000
Total Equity and Debt	19 455 000	15 346 000	11 710 000	11 646 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,27 %	16,88 %	15,89 %	9,73 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	14,35 %	10,37 %	11,81 %	5,44 %
Current Ratio	2,59	2,37	3,69	2,63
Quick Ratio	−3,4	−2,82	−1,86	−2,26
Equity Ratio	0,62	0,6	0,74	0,62
Gross Profit Margin	30,71 %	32,01 %	33,57 %	31,58 %