GJERSINGS MEKANISKE VERKSTED AS

2092 MINNESUND

Finances

Share Ownership

Return on Equity

18,36 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 207 000	20 738 000	15 920 000	17 374 000
Net Income	704 000	535 000	85 000	116 000
Total Assets	8 476 000	8 462 000	7 542 000	6 523 000
Total Equity	3 834 000	3 130 000	2 595 000	2 510 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 207 000	20 738 000	15 920 000	17 374 000
Expenditure	22 124 000	19 729 000	15 326 000	17 369 000
Operating Profit	975 000	785 000	241 000	231 000
Financial Income	0	2 000	6 000	3 000
Financial Costs	61 000	97 000	137 000	85 000
Financial Balance	−61 000	−95 000	−131 000	−82 000
Earnings Before Tax	914 000	691 000	110 000	149 000
Tax	210 000	155 000	25 000	34 000
Net Income	704 000	535 000	85 000	116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 152 000	1 298 000	1 809 000	1 719 000
Total Current Assets	7 324 000	7 164 000	5 733 000	4 804 000
Total Assets	8 476 000	8 462 000	7 542 000	6 523 000
Total Retained Equity	3 482 000	2 778 000	2 243 000	2 158 000
Total Equity	3 834 000	3 130 000	2 595 000	2 510 000
Total Long-Term Debt	584 000	1 568 000	1 982 000	1 341 000
Total Current Debt	4 058 000	3 764 000	2 966 000	2 672 000
Total Equity and Debt	8 476 000	8 462 000	7 542 000	6 523 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 205 000	20 331 000	15 918 000	17 372 000
Other Income	1 000	407 000	2 000	1 000
Revenue	23 207 000	20 738 000	15 920 000	17 374 000
Cost of Goods Sold	4 409 000	3 808 000	2 555 000	3 052 000
Salary Costs	8 323 000	7 663 000	6 486 000	8 073 000
Depreciation	124 000	114 000	289 000	338 000
Impairment	0	0	0	0
Expenditure	22 124 000	19 729 000	15 326 000	17 369 000
Operating Profit	975 000	785 000	241 000	231 000
Financial Income	0	2 000	6 000	3 000
Financial Costs	61 000	97 000	137 000	85 000
Financial Balance	−61 000	−95 000	−131 000	−82 000
Dividends	0	0	0	0
Net Income	704 000	535 000	85 000	116 000

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	316 000	228 000	169 000	85 000
Fixtures	104 000	124 000	791 000	1 002 000
Total Tangible Assets	420 000	352 000	960 000	1 087 000
Total Fiancial Fixed Assets	732 000	945 000	850 000	632 000
Total Fixed Assets	1 152 000	1 298 000	1 809 000	1 719 000
Stock	1 557 000	1 665 000	1 887 000	2 239 000
Total Investments	0	0	0	0
Cash, Bank	2 734 000	2 228 000	1 220 000	833 000
Total Current Assets	7 324 000	7 164 000	5 733 000	4 804 000
Total Assets	8 476 000	8 462 000	7 542 000	6 523 000
Total Equity	3 834 000	3 130 000	2 595 000	2 510 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	584 000	1 568 000	1 982 000	1 341 000
Creditors	1 437 000	1 275 000	1 031 000	674 000
Unpaid Taxes	888 000	976 000	656 000	708 000
Dividends	0	0	0	0
Other Current Debt	1 494 000	1 400 000	1 211 000	1 257 000
Total Current Debt	4 058 000	3 764 000	2 966 000	2 672 000
Total Equity and Debt	8 476 000	8 462 000	7 542 000	6 523 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,36 %	17,09 %	3,28 %	4,62 %
Debt-to-Equity Ratio	0,15	0,5	0,76	0,53
Operating Profit Margin	4,2 %	3,79 %	1,51 %	1,33 %
Current Ratio	1,8	1,9	1,93	1,8
Quick Ratio	2,93	3,41	5,31	11,09
Equity Ratio	0,45	0,37	0,34	0,38
Gross Profit Margin	81 %	81,64 %	83,95 %	82,43 %