GORINES AS

4790 LILLESAND

Finances

Return on Equity

−6,6 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	142 643 000	129 406 000	102 934 000	73 416 000
Net Income	−1 026 000	7 624 000	−1 557 000	3 122 000
Total Assets	73 800 000	75 413 000	66 883 000	46 432 000
Total Equity	15 556 000	16 582 000	11 501 000	11 879 000

Income (NOK)	2022	2021	2020	2019
Revenue	142 643 000	129 406 000	102 934 000	73 416 000
Expenditure	143 481 000	123 283 000	104 807 000	68 901 000
Operating Profit	−839 000	6 123 000	−1 873 000	4 515 000
Financial Income	419 000	33 000	441 000	375 000
Financial Costs	879 000	639 000	1 212 000	1 046 000
Financial Balance	−460 000	−606 000	−771 000	−671 000
Earnings Before Tax	−1 299 000	5 517 000	−2 644 000	3 844 000
Tax	−273 000	−2 107 000	−1 087 000	722 000
Net Income	−1 026 000	7 624 000	−1 557 000	3 122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 797 000	20 774 000	24 957 000	28 935 000
Total Current Assets	53 003 000	54 639 000	41 926 000	17 496 000
Total Assets	73 800 000	75 413 000	66 883 000	46 432 000
Total Retained Equity	12 556 000	13 582 000	8 501 000	8 879 000
Total Equity	15 556 000	16 582 000	11 501 000	11 879 000
Total Long-Term Debt	13 710 000	14 880 000	15 268 000	19 398 000
Total Current Debt	44 533 000	43 951 000	40 114 000	15 155 000
Total Equity and Debt	73 800 000	75 413 000	66 883 000	46 432 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	141 693 000	128 636 000	99 909 000	72 038 000
Other Income	950 000	770 000	3 025 000	1 378 000
Revenue	142 643 000	129 406 000	102 934 000	73 416 000
Cost of Goods Sold	85 122 000	74 156 000	61 639 000	40 797 000
Salary Costs	25 052 000	21 636 000	16 809 000	16 784 000
Depreciation	4 560 000	5 059 000	3 921 000	2 235 000
Impairment	0	0	0	0
Expenditure	143 481 000	123 283 000	104 807 000	68 901 000
Operating Profit	−839 000	6 123 000	−1 873 000	4 515 000
Financial Income	419 000	33 000	441 000	375 000
Financial Costs	879 000	639 000	1 212 000	1 046 000
Financial Balance	−460 000	−606 000	−771 000	−671 000
Dividends	0	0	0	0
Net Income	−1 026 000	7 624 000	−1 557 000	3 122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 461 000	3 117 000	949 000	0
Real Eastate	188 000	211 000	0	0
Machinery and Plant Facilities	11 453 000	9 988 000	11 170 000	145 000
Fixtures	4 794 000	6 432 000	7 782 000	7 977 000
Total Tangible Assets	16 435 000	16 631 000	18 952 000	8 123 000
Total Fiancial Fixed Assets	901 000	1 026 000	5 056 000	20 813 000
Total Fixed Assets	20 797 000	20 774 000	24 957 000	28 935 000
Stock	14 156 000	13 139 000	10 862 000	3 850 000
Total Investments	0	0	0	0
Cash, Bank	9 320 000	17 649 000	7 176 000	5 324 000
Total Current Assets	53 003 000	54 639 000	41 926 000	17 496 000
Total Assets	73 800 000	75 413 000	66 883 000	46 432 000
Total Equity	15 556 000	16 582 000	11 501 000	11 879 000
Short-Term Group Debt	2 719 000	2 719 000	3 612 000	6 687 000
Total Long-Term Debt	13 710 000	14 880 000	15 268 000	19 398 000
Creditors	15 461 000	14 939 000	12 365 000	3 885 000
Unpaid Taxes	2 033 000	2 187 000	1 468 000	2 088 000
Dividends	0	0	0	0
Other Current Debt	24 320 000	24 107 000	22 669 000	2 494 000
Total Current Debt	44 533 000	43 951 000	40 114 000	15 155 000
Total Equity and Debt	73 800 000	75 413 000	66 883 000	46 432 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,6 %	45,98 %	−13,54 %	26,28 %
Debt-to-Equity Ratio	0,88	0,9	1,33	1,63
Operating Profit Margin	−0,59 %	4,73 %	−1,82 %	6,15 %
Current Ratio	1,19	1,24	1,05	1,15
Quick Ratio	1,74	1,77	1,43	1,55
Equity Ratio	0,21	0,22	0,17	0,26
Gross Profit Margin	40,33 %	42,7 %	40,12 %	44,43 %