ING. GEIR GJERTSEN AS

4520 LINDESNES

Finances

Return on Equity

1,12 %

Current Ratio

9,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	662 000	992 000	500 000	883 000
Net Income	26 000	359 000	28 000	291 000
Total Assets	2 517 000	2 660 000	2 129 000	2 119 000
Total Equity	2 328 000	2 302 000	1 942 000	1 914 000

Income (NOK)	2022	2021	2020	2019
Revenue	662 000	992 000	500 000	883 000
Expenditure	628 000	531 000	465 000	517 000
Operating Profit	33 000	461 000	35 000	366 000
Financial Income	0	0	1 000	8 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	8 000
Earnings Before Tax	33 000	461 000	36 000	373 000
Tax	7 000	101 000	8 000	82 000
Net Income	26 000	359 000	28 000	291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	765 000	857 000	543 000	580 000
Total Current Assets	1 752 000	1 803 000	1 586 000	1 539 000
Total Assets	2 517 000	2 660 000	2 129 000	2 119 000
Total Retained Equity	2 226 000	2 200 000	1 840 000	1 812 000
Total Equity	2 328 000	2 302 000	1 942 000	1 914 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	189 000	358 000	187 000	205 000
Total Equity and Debt	2 517 000	2 660 000	2 129 000	2 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	662 000	992 000	500 000	868 000
Other Income	0	0	0	15 000
Revenue	662 000	992 000	500 000	883 000
Cost of Goods Sold	0	4 000	6 000	7 000
Salary Costs	230 000	254 000	219 000	173 000
Depreciation	95 000	41 000	41 000	62 000
Impairment	0	0	0	0
Expenditure	628 000	531 000	465 000	517 000
Operating Profit	33 000	461 000	35 000	366 000
Financial Income	0	0	1 000	8 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	8 000
Dividends	0	0	0	0
Net Income	26 000	359 000	28 000	291 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	3 000	16 000	13 000
Real Eastate	267 000	283 000	299 000	315 000
Machinery and Plant Facilities	92 000	115 000	11 000	34 000
Fixtures	195 000	251 000	11 000	13 000
Total Tangible Assets	553 000	648 000	321 000	362 000
Total Fiancial Fixed Assets	206 000	206 000	206 000	206 000
Total Fixed Assets	765 000	857 000	543 000	580 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	236 000	289 000	138 000	464 000
Total Current Assets	1 752 000	1 803 000	1 586 000	1 539 000
Total Assets	2 517 000	2 660 000	2 129 000	2 119 000
Total Equity	2 328 000	2 302 000	1 942 000	1 914 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	3 000	7 000	3 000
Unpaid Taxes	128 000	217 000	124 000	97 000
Dividends	0	0	0	0
Other Current Debt	48 000	51 000	44 000	21 000
Total Current Debt	189 000	358 000	187 000	205 000
Total Equity and Debt	2 517 000	2 660 000	2 129 000	2 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,12 %	15,6 %	1,44 %	15,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,98 %	46,47 %	7 %	41,45 %
Current Ratio	9,27	5,04	8,48	7,51
Quick Ratio	9,27	5,04	8,48	7,51
Equity Ratio	0,92	0,87	0,91	0,9
Gross Profit Margin	100 %	99,6 %	98,8 %	99,21 %