GENERAL FINANS AS

7038 TRONDHEIM

Finances

Share Ownership

Return on Equity

6,53 %

Current Ratio

2,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 533 000	30 069 000	28 797 000	71 308 000
Net Income	272 000	459 000	476 000	1 100 000
Total Assets	5 935 000	6 531 000	8 380 000	10 543 000
Total Equity	4 167 000	3 895 000	3 436 000	2 960 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 533 000	30 069 000	28 797 000	71 308 000
Expenditure	33 171 000	29 469 000	28 198 000	69 912 000
Operating Profit	361 000	599 000	599 000	1 396 000
Financial Income	13 000	15 000	18 000	18 000
Financial Costs	24 000	27 000	6 000	1 000
Financial Balance	−11 000	−12 000	12 000	17 000
Earnings Before Tax	350 000	588 000	611 000	1 414 000
Tax	78 000	129 000	135 000	314 000
Net Income	272 000	459 000	476 000	1 100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	843 000	799 000	796 000	873 000
Total Current Assets	5 093 000	5 732 000	7 584 000	9 670 000
Total Assets	5 935 000	6 531 000	8 380 000	10 543 000
Total Retained Equity	3 667 000	3 395 000	2 936 000	2 460 000
Total Equity	4 167 000	3 895 000	3 436 000	2 960 000
Total Long-Term Debt	0	1 000	1 000	0
Total Current Debt	1 768 000	2 635 000	4 943 000	7 583 000
Total Equity and Debt	5 935 000	6 531 000	8 380 000	10 543 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 744 000	30 000 000	28 629 000	71 308 000
Other Income	789 000	68 000	168 000	0
Revenue	33 533 000	30 069 000	28 797 000	71 308 000
Cost of Goods Sold	26 242 000	24 328 000	22 699 000	61 192 000
Salary Costs	2 425 000	2 706 000	3 596 000	4 979 000
Depreciation	10 000	12 000	0	0
Impairment	0	0	0	0
Expenditure	33 171 000	29 469 000	28 198 000	69 912 000
Operating Profit	361 000	599 000	599 000	1 396 000
Financial Income	13 000	15 000	18 000	18 000
Financial Costs	24 000	27 000	6 000	1 000
Financial Balance	−11 000	−12 000	12 000	17 000
Dividends	0	0	0	0
Net Income	272 000	459 000	476 000	1 100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	0	0	31 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	31 000	41 000	53 000	21 000
Total Tangible Assets	31 000	41 000	53 000	21 000
Total Fiancial Fixed Assets	767 000	758 000	743 000	821 000
Total Fixed Assets	843 000	799 000	796 000	873 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 766 000	4 208 000	4 691 000	4 423 000
Total Current Assets	5 093 000	5 732 000	7 584 000	9 670 000
Total Assets	5 935 000	6 531 000	8 380 000	10 543 000
Total Equity	4 167 000	3 895 000	3 436 000	2 960 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	1 000	0
Creditors	260 000	1 037 000	1 982 000	3 437 000
Unpaid Taxes	631 000	682 000	1 329 000	2 250 000
Dividends	0	0	0	0
Other Current Debt	755 000	787 000	1 529 000	1 558 000
Total Current Debt	1 768 000	2 635 000	4 943 000	7 583 000
Total Equity and Debt	5 935 000	6 531 000	8 380 000	10 543 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,53 %	11,78 %	13,85 %	37,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,08 %	1,99 %	2,08 %	1,96 %
Current Ratio	2,88	2,18	1,53	1,28
Quick Ratio	2,88	2,18	1,53	1,28
Equity Ratio	0,7	0,6	0,41	0,28
Gross Profit Margin	21,74 %	19,09 %	21,18 %	14,19 %