GJERT GJERTSEN AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

85,39 %

Current Ratio

5,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	333 000	237 000	266 000	327 000
Net Income	228 000	−33 000	−6 000	230 000
Total Assets	325 000	45 000	337 000	168 000
Total Equity	267 000	40 000	123 000	129 000

Income (NOK)	2022	2021	2020	2019
Revenue	333 000	237 000	266 000	327 000
Expenditure	48 000	266 000	264 000	87 000
Operating Profit	285 000	−30 000	2 000	240 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	285 000	−30 000	2 000	240 000
Tax	57 000	3 000	8 000	9 000
Net Income	228 000	−33 000	−6 000	230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 000	74 000	149 000
Total Current Assets	325 000	43 000	263 000	20 000
Total Assets	325 000	45 000	337 000	168 000
Total Retained Equity	167 000	−60 000	23 000	29 000
Total Equity	267 000	40 000	123 000	129 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	58 000	5 000	214 000	40 000
Total Equity and Debt	325 000	45 000	337 000	168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	237 000	266 000	327 000
Other Income	333 000	0	0	0
Revenue	333 000	237 000	266 000	327 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	74 000	74 000	74 000
Impairment	0	0	0	0
Expenditure	48 000	266 000	264 000	87 000
Operating Profit	285 000	−30 000	2 000	240 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	50 000	0	0
Net Income	228 000	−33 000	−6 000	230 000

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	0	0	74 000	149 000
Total Tangible Assets	0	0	74 000	149 000
Total Fiancial Fixed Assets	0	2 000	0	0
Total Fixed Assets	0	2 000	74 000	149 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	306 000	43 000	263 000	20 000
Total Current Assets	325 000	43 000	263 000	20 000
Total Assets	325 000	45 000	337 000	168 000
Total Equity	267 000	40 000	123 000	129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	2 000	177 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	50 000	0	0
Other Current Debt	1 000	0	29 000	29 000
Total Current Debt	58 000	5 000	214 000	40 000
Total Equity and Debt	325 000	45 000	337 000	168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,39 %	−82,5 %	−4,88 %	178,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	85,59 %	−12,66 %	0,75 %	73,39 %
Current Ratio	5,6	8,6	1,23	0,5
Quick Ratio	5,6	8,6	1,23	0,5
Equity Ratio	0,82	0,89	0,36	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %