GNISTFRI ELEKTRO AS

1354 BÆRUMS VERK

Finances

Share Ownership

Return on Equity

10,22 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 485 000	3 773 000	4 780 000	4 319 000
Net Income	93 000	−47 000	138 000	−14 000
Total Assets	1 735 000	1 714 000	1 899 000	1 781 000
Total Equity	910 000	817 000	864 000	726 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 485 000	3 773 000	4 780 000	4 319 000
Expenditure	3 363 000	3 828 000	4 601 000	4 331 000
Operating Profit	122 000	−55 000	178 000	−12 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000	0
Earnings Before Tax	121 000	−55 000	178 000	−13 000
Tax	27 000	−8 000	40 000	1 000
Net Income	93 000	−47 000	138 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	51 000	42 000	117 000
Total Current Assets	1 708 000	1 663 000	1 857 000	1 664 000
Total Assets	1 735 000	1 714 000	1 899 000	1 781 000
Total Retained Equity	810 000	717 000	764 000	626 000
Total Equity	910 000	817 000	864 000	726 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	825 000	897 000	1 035 000	1 055 000
Total Equity and Debt	1 735 000	1 714 000	1 899 000	1 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 506 000	3 856 000	4 756 000	4 251 000
Other Income	−20 000	−83 000	24 000	68 000
Revenue	3 485 000	3 773 000	4 780 000	4 319 000
Cost of Goods Sold	1 001 000	1 237 000	1 608 000	1 379 000
Salary Costs	1 975 000	2 138 000	2 507 000	2 402 000
Depreciation	0	0	82 000	119 000
Impairment	0	0	0	0
Expenditure	3 363 000	3 828 000	4 601 000	4 331 000
Operating Profit	122 000	−55 000	178 000	−12 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	93 000	−47 000	138 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	51 000	42 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	82 000
Total Tangible Assets	0	0	0	82 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	51 000	42 000	117 000
Stock	68 000	79 000	84 000	77 000
Total Investments	0	0	0	0
Cash, Bank	1 418 000	1 242 000	1 363 000	1 084 000
Total Current Assets	1 708 000	1 663 000	1 857 000	1 664 000
Total Assets	1 735 000	1 714 000	1 899 000	1 781 000
Total Equity	910 000	817 000	864 000	726 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	65 000	107 000	133 000	160 000
Unpaid Taxes	541 000	573 000	594 000	640 000
Dividends	0	0	0	0
Other Current Debt	214 000	217 000	261 000	241 000
Total Current Debt	825 000	897 000	1 035 000	1 055 000
Total Equity and Debt	1 735 000	1 714 000	1 899 000	1 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,22 %	−5,75 %	15,97 %	−1,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,5 %	−1,46 %	3,72 %	−0,28 %
Current Ratio	2,07	1,85	1,79	1,58
Quick Ratio	2,26	2,03	1,95	1,7
Equity Ratio	0,52	0,48	0,45	0,41
Gross Profit Margin	71,28 %	67,21 %	66,36 %	68,07 %