GJERMUND FURENES AS

4318 SANDNES

Finances

Share Ownership

Return on Equity

74,6 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 494 000	98 817 000	104 845 000	93 484 000
Net Income	1 266 000	299 000	951 000	−98 000
Total Assets	11 310 000	9 067 000	10 921 000	8 922 000
Total Equity	1 697 000	1 387 000	1 638 000	1 342 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 494 000	98 817 000	104 845 000	93 484 000
Expenditure	92 035 000	98 376 000	103 649 000	93 682 000
Operating Profit	1 459 000	441 000	1 195 000	−198 000
Financial Income	89 000	25 000	32 000	76 000
Financial Costs	0	6 000	0	2 000
Financial Balance	89 000	19 000	32 000	74 000
Earnings Before Tax	1 548 000	459 000	1 227 000	−124 000
Tax	282 000	160 000	276 000	−26 000
Net Income	1 266 000	299 000	951 000	−98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	596 000	192 000	201 000	408 000
Total Current Assets	10 714 000	8 875 000	10 720 000	8 514 000
Total Assets	11 310 000	9 067 000	10 921 000	8 922 000
Total Retained Equity	1 197 000	887 000	1 138 000	842 000
Total Equity	1 697 000	1 387 000	1 638 000	1 342 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 613 000	7 680 000	9 283 000	7 580 000
Total Equity and Debt	11 310 000	9 067 000	10 921 000	8 922 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	91 305 000	97 103 000	103 103 000	91 204 000
Other Income	2 189 000	1 714 000	1 742 000	2 280 000
Revenue	93 494 000	98 817 000	104 845 000	93 484 000
Cost of Goods Sold	78 286 000	83 301 000	87 810 000	79 616 000
Salary Costs	5 361 000	6 076 000	6 387 000	5 401 000
Depreciation	65 000	54 000	231 000	265 000
Impairment	0	0	0	0
Expenditure	92 035 000	98 376 000	103 649 000	93 682 000
Operating Profit	1 459 000	441 000	1 195 000	−198 000
Financial Income	89 000	25 000	32 000	76 000
Financial Costs	0	6 000	0	2 000
Financial Balance	89 000	19 000	32 000	74 000
Dividends	956 000	551 000	654 000	470 000
Net Income	1 266 000	299 000	951 000	−98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	0	67 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	551 000	192 000	133 000	374 000
Total Tangible Assets	551 000	192 000	133 000	374 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	596 000	192 000	201 000	408 000
Stock	3 944 000	3 511 000	3 706 000	3 748 000
Total Investments	0	0	0	0
Cash, Bank	6 256 000	4 947 000	6 505 000	4 414 000
Total Current Assets	10 714 000	8 875 000	10 720 000	8 514 000
Total Assets	11 310 000	9 067 000	10 921 000	8 922 000
Total Equity	1 697 000	1 387 000	1 638 000	1 342 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 509 000	4 988 000	6 173 000	5 196 000
Unpaid Taxes	371 000	482 000	555 000	515 000
Dividends	956 000	551 000	654 000	470 000
Other Current Debt	1 451 000	1 567 000	1 592 000	1 393 000
Total Current Debt	9 613 000	7 680 000	9 283 000	7 580 000
Total Equity and Debt	11 310 000	9 067 000	10 921 000	8 922 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,6 %	21,56 %	58,06 %	−7,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,56 %	0,45 %	1,14 %	−0,21 %
Current Ratio	1,11	1,16	1,15	1,12
Quick Ratio	1,89	2,13	1,92	2,22
Equity Ratio	0,15	0,15	0,15	0,15
Gross Profit Margin	16,27 %	15,7 %	16,25 %	14,83 %