GALLERI IVERSEN AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

52,94 %

Current Ratio

2,39

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 089 000	2 026 000	2 072 000	1 718 000
Net Income	315 000	−116 000	129 000	110 000
Total Assets	1 769 000	1 406 000	1 692 000	1 144 000
Total Equity	595 000	596 000	596 000	467 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 089 000	2 026 000	2 072 000	1 718 000
Expenditure	1 677 000	2 166 000	1 897 000	1 570 000
Operating Profit	411 000	−141 000	176 000	148 000
Financial Income	6 000	5 000	3 000	2 000
Financial Costs	13 000	13 000	13 000	9 000
Financial Balance	−7 000	−8 000	−10 000	−7 000
Earnings Before Tax	403 000	−149 000	166 000	141 000
Tax	89 000	−33 000	37 000	31 000
Net Income	315 000	−116 000	129 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	47 000	60 000	75 000
Total Current Assets	1 735 000	1 359 000	1 632 000	1 070 000
Total Assets	1 769 000	1 406 000	1 692 000	1 144 000
Total Retained Equity	495 000	496 000	496 000	367 000
Total Equity	595 000	596 000	596 000	467 000
Total Long-Term Debt	449 000	433 000	420 000	408 000
Total Current Debt	726 000	377 000	676 000	270 000
Total Equity and Debt	1 769 000	1 406 000	1 692 000	1 144 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 089 000	2 026 000	2 072 000	1 718 000
Other Income	0	0	0	0
Revenue	2 089 000	2 026 000	2 072 000	1 718 000
Cost of Goods Sold	336 000	790 000	523 000	411 000
Salary Costs	956 000	1 042 000	1 061 000	802 000
Depreciation	13 000	13 000	13 000	17 000
Impairment	0	0	0	0
Expenditure	1 677 000	2 166 000	1 897 000	1 570 000
Operating Profit	411 000	−141 000	176 000	148 000
Financial Income	6 000	5 000	3 000	2 000
Financial Costs	13 000	13 000	13 000	9 000
Financial Balance	−7 000	−8 000	−10 000	−7 000
Dividends	0	0	0	0
Net Income	315 000	−116 000	129 000	110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	5 000	5 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	38 000	51 000	64 000
Total Tangible Assets	25 000	38 000	51 000	64 000
Total Fiancial Fixed Assets	4 000	4 000	4 000	4 000
Total Fixed Assets	34 000	47 000	60 000	75 000
Stock	617 000	379 000	396 000	235 000
Total Investments	0	0	0	0
Cash, Bank	824 000	735 000	1 115 000	703 000
Total Current Assets	1 735 000	1 359 000	1 632 000	1 070 000
Total Assets	1 769 000	1 406 000	1 692 000	1 144 000
Total Equity	595 000	596 000	596 000	467 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	449 000	433 000	420 000	408 000
Creditors	76 000	62 000	42 000	31 000
Unpaid Taxes	101 000	184 000	210 000	113 000
Dividends	0	0	0	0
Other Current Debt	548 000	130 000	388 000	96 000
Total Current Debt	726 000	377 000	676 000	270 000
Total Equity and Debt	1 769 000	1 406 000	1 692 000	1 144 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,94 %	−19,46 %	21,64 %	23,55 %
Debt-to-Equity Ratio	0,75	0,73	0,7	0,87
Operating Profit Margin	19,67 %	−6,96 %	8,49 %	8,61 %
Current Ratio	2,39	3,6	2,41	3,96
Quick Ratio	15,92	−679,5	5,83	30,57
Equity Ratio	0,34	0,42	0,35	0,41
Gross Profit Margin	83,92 %	61,01 %	74,76 %	76,08 %