GJERVAN AS

7037 TRONDHEIM

Finances

Return on Equity

11,41 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 212 000	23 330 000	21 500 000	22 009 000
Net Income	860 000	1 988 000	2 962 000	1 498 000
Total Assets	11 759 000	14 190 000	16 469 000	15 770 000
Total Equity	7 537 000	8 677 000	8 689 000	8 726 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 212 000	23 330 000	21 500 000	22 009 000
Expenditure	15 247 000	20 836 000	17 748 000	20 176 000
Operating Profit	965 000	2 493 000	3 754 000	1 832 000
Financial Income	137 000	56 000	44 000	92 000
Financial Costs	0	0	1 000	2 000
Financial Balance	137 000	56 000	43 000	90 000
Earnings Before Tax	1 102 000	2 549 000	3 797 000	1 922 000
Tax	242 000	561 000	834 000	424 000
Net Income	860 000	1 988 000	2 962 000	1 498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 107 000	3 419 000	4 025 000	6 151 000
Total Current Assets	7 653 000	10 771 000	12 444 000	9 619 000
Total Assets	11 759 000	14 190 000	16 469 000	15 770 000
Total Retained Equity	6 357 000	7 497 000	7 509 000	7 546 000
Total Equity	7 537 000	8 677 000	8 689 000	8 726 000
Total Long-Term Debt	0	0	0	124 000
Total Current Debt	4 223 000	5 512 000	7 781 000	6 920 000
Total Equity and Debt	11 759 000	14 190 000	16 469 000	15 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 987 000	23 200 000	21 500 000	21 409 000
Other Income	225 000	129 000	0	600 000
Revenue	16 212 000	23 330 000	21 500 000	22 009 000
Cost of Goods Sold	2 601 000	4 516 000	1 738 000	2 998 000
Salary Costs	5 955 000	8 072 000	7 539 000	9 335 000
Depreciation	926 000	1 103 000	1 366 000	1 317 000
Impairment	0	0	0	0
Expenditure	15 247 000	20 836 000	17 748 000	20 176 000
Operating Profit	965 000	2 493 000	3 754 000	1 832 000
Financial Income	137 000	56 000	44 000	92 000
Financial Costs	0	0	1 000	2 000
Financial Balance	137 000	56 000	43 000	90 000
Dividends	0	0	2 000 000	525 000
Net Income	860 000	1 988 000	2 962 000	1 498 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	61 000	8 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 680 000	2 743 000	2 073 000	2 933 000
Fixtures	628 000	189 000	1 173 000	2 172 000
Total Tangible Assets	3 308 000	2 932 000	3 246 000	5 105 000
Total Fiancial Fixed Assets	771 000	426 000	771 000	1 046 000
Total Fixed Assets	4 107 000	3 419 000	4 025 000	6 151 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 096 000	6 984 000	7 804 000	5 455 000
Total Current Assets	7 653 000	10 771 000	12 444 000	9 619 000
Total Assets	11 759 000	14 190 000	16 469 000	15 770 000
Total Equity	7 537 000	8 677 000	8 689 000	8 726 000
Short-Term Group Debt	0	0	0	475 000
Total Long-Term Debt	0	0	0	124 000
Creditors	1 262 000	1 494 000	1 320 000	3 334 000
Unpaid Taxes	552 000	991 000	1 422 000	1 432 000
Dividends	0	0	2 000 000	525 000
Other Current Debt	2 200 000	2 414 000	2 073 000	926 000
Total Current Debt	4 223 000	5 512 000	7 781 000	6 920 000
Total Equity and Debt	11 759 000	14 190 000	16 469 000	15 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,41 %	22,91 %	34,09 %	17,17 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	5,95 %	10,69 %	17,46 %	8,32 %
Current Ratio	1,81	1,95	1,6	1,39
Quick Ratio	1,81	1,95	1,6	1,39
Equity Ratio	0,64	0,61	0,53	0,55
Gross Profit Margin	83,96 %	80,64 %	91,92 %	86,38 %