GERMITECH AS

3176 UNDRUMSDAL

Finances

Share Ownership

Return on Equity

0,95 %

Current Ratio

3,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 602 000	6 856 000	7 221 000	6 486 000
Net Income	24 000	148 000	443 000	262 000
Total Assets	3 605 000	3 880 000	3 678 000	4 041 000
Total Equity	2 538 000	2 513 000	2 365 000	2 949 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 602 000	6 856 000	7 221 000	6 486 000
Expenditure	7 545 000	6 647 000	6 583 000	6 126 000
Operating Profit	58 000	208 000	638 000	360 000
Financial Income	36 000	33 000	38 000	8 000
Financial Costs	63 000	27 000	127 000	31 000
Financial Balance	−27 000	6 000	−89 000	−23 000
Earnings Before Tax	31 000	213 000	549 000	337 000
Tax	7 000	65 000	106 000	75 000
Net Income	24 000	148 000	443 000	262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	14 000	0	630 000
Total Current Assets	3 595 000	3 866 000	3 678 000	3 411 000
Total Assets	3 605 000	3 880 000	3 678 000	4 041 000
Total Retained Equity	2 136 000	2 112 000	1 963 000	2 547 000
Total Equity	2 538 000	2 513 000	2 365 000	2 949 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 067 000	1 367 000	1 313 000	1 092 000
Total Equity and Debt	3 605 000	3 880 000	3 678 000	4 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 794 000	6 789 000	7 168 000	6 486 000
Other Income	809 000	66 000	54 000	0
Revenue	7 602 000	6 856 000	7 221 000	6 486 000
Cost of Goods Sold	3 628 000	3 209 000	4 090 000	3 713 000
Salary Costs	1 931 000	2 474 000	1 578 000	1 344 000
Depreciation	3 000	2 000	3 000	4 000
Impairment	0	0	0	0
Expenditure	7 545 000	6 647 000	6 583 000	6 126 000
Operating Profit	58 000	208 000	638 000	360 000
Financial Income	36 000	33 000	38 000	8 000
Financial Costs	63 000	27 000	127 000	31 000
Financial Balance	−27 000	6 000	−89 000	−23 000
Dividends	0	0	0	0
Net Income	24 000	148 000	443 000	262 000

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	10 000	14 000	0	3 000
Total Tangible Assets	10 000	14 000	0	3 000
Total Fiancial Fixed Assets	0	0	0	627 000
Total Fixed Assets	10 000	14 000	0	630 000
Stock	2 280 000	2 082 000	2 198 000	2 036 000
Total Investments	0	0	0	0
Cash, Bank	306 000	522 000	403 000	343 000
Total Current Assets	3 595 000	3 866 000	3 678 000	3 411 000
Total Assets	3 605 000	3 880 000	3 678 000	4 041 000
Total Equity	2 538 000	2 513 000	2 365 000	2 949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	459 000	505 000	566 000	509 000
Unpaid Taxes	402 000	527 000	499 000	383 000
Dividends	0	0	0	0
Other Current Debt	200 000	270 000	142 000	125 000
Total Current Debt	1 067 000	1 367 000	1 313 000	1 092 000
Total Equity and Debt	3 605 000	3 880 000	3 678 000	4 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,95 %	5,89 %	18,73 %	8,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,76 %	3,03 %	8,84 %	5,55 %
Current Ratio	3,37	2,83	2,8	3,12
Quick Ratio	−2,96	−5,41	−4,16	−3,61
Equity Ratio	0,7	0,65	0,64	0,73
Gross Profit Margin	52,28 %	53,19 %	43,36 %	42,75 %