GORMEBOLET AS

3910 PORSGRUNN

Finances

Share Ownership

Return on Equity

2,79 %

Current Ratio

1,05

Debt-to-Equity Ratio

5,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	927 000	760 000	715 000	750 000
Net Income	27 000	193 000	306 000	290 000
Total Assets	7 350 000	6 276 000	2 907 000	2 992 000
Total Equity	968 000	949 000	756 000	650 000

Income (NOK)	2022	2021	2020	2019
Revenue	927 000	760 000	715 000	750 000
Expenditure	630 000	457 000	262 000	303 000
Operating Profit	297 000	303 000	453 000	447 000
Financial Income	0	0	0	0
Financial Costs	263 000	55 000	60 000	75 000
Financial Balance	−263 000	−55 000	−60 000	−75 000
Earnings Before Tax	34 000	247 000	393 000	372 000
Tax	8 000	54 000	86 000	82 000
Net Income	27 000	193 000	306 000	290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 708 000	5 147 000	2 783 000	2 902 000
Total Current Assets	642 000	1 129 000	124 000	90 000
Total Assets	7 350 000	6 276 000	2 907 000	2 992 000
Total Retained Equity	868 000	849 000	656 000	550 000
Total Equity	968 000	949 000	756 000	650 000
Total Long-Term Debt	5 768 000	4 993 000	1 846 000	1 869 000
Total Current Debt	614 000	333 000	306 000	473 000
Total Equity and Debt	7 350 000	6 276 000	2 907 000	2 992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	927 000	760 000	715 000	750 000
Revenue	927 000	760 000	715 000	750 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	195 000	104 000	119 000	82 000
Impairment	0	0	0	0
Expenditure	630 000	457 000	262 000	303 000
Operating Profit	297 000	303 000	453 000	447 000
Financial Income	0	0	0	0
Financial Costs	263 000	55 000	60 000	75 000
Financial Balance	−263 000	−55 000	−60 000	−75 000
Dividends	0	0	200 000	0
Net Income	27 000	193 000	306 000	290 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 364 000	4 795 000	2 336 000	2 397 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	344 000	351 000	448 000	505 000
Total Tangible Assets	6 708 000	5 147 000	2 783 000	2 902 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 708 000	5 147 000	2 783 000	2 902 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	325 000	1 100 000	36 000	93 000
Total Current Assets	642 000	1 129 000	124 000	90 000
Total Assets	7 350 000	6 276 000	2 907 000	2 992 000
Total Equity	968 000	949 000	756 000	650 000
Short-Term Group Debt	11 000	0	29 000	230 000
Total Long-Term Debt	5 768 000	4 993 000	1 846 000	1 869 000
Creditors	14 000	233 000	1 000	1 000
Unpaid Taxes	0	46 000	168 000	152 000
Dividends	0	0	200 000	0
Other Current Debt	589 000	3 000	25 000	30 000
Total Current Debt	614 000	333 000	306 000	473 000
Total Equity and Debt	7 350 000	6 276 000	2 907 000	2 992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,79 %	20,34 %	40,48 %	44,62 %
Debt-to-Equity Ratio	5,96	5,26	2,44	2,88
Operating Profit Margin	32,04 %	39,87 %	63,36 %	59,6 %
Current Ratio	1,05	3,39	0,41	0,19
Quick Ratio	1,05	3,39	0,41	0,19
Equity Ratio	0,13	0,15	0,26	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %