GS ELEKTRO GJØVIK AS

2827 HUNNDALEN

Finances

Share Ownership

Return on Equity

12,12 %

Current Ratio

1,67

Debt-to-Equity Ratio

1,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 155 000	11 276 000	12 319 000	10 559 000
Net Income	478 000	199 000	527 000	772 000
Total Assets	12 301 000	12 744 000	12 256 000	5 889 000
Total Equity	3 945 000	3 867 000	3 868 000	3 641 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 155 000	11 276 000	12 319 000	10 559 000
Expenditure	11 358 000	10 877 000	11 548 000	9 573 000
Operating Profit	797 000	399 000	770 000	987 000
Financial Income	3 000	1 000	2 000	4 000
Financial Costs	188 000	144 000	97 000	0
Financial Balance	−185 000	−143 000	−95 000	4 000
Earnings Before Tax	612 000	256 000	675 000	990 000
Tax	135 000	56 000	149 000	218 000
Net Income	478 000	199 000	527 000	772 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 193 000	6 262 000	6 385 000	224 000
Total Current Assets	6 108 000	6 482 000	5 871 000	5 665 000
Total Assets	12 301 000	12 744 000	12 256 000	5 889 000
Total Retained Equity	3 745 000	3 667 000	3 668 000	3 441 000
Total Equity	3 945 000	3 867 000	3 868 000	3 641 000
Total Long-Term Debt	4 704 000	4 962 000	5 021 000	0
Total Current Debt	3 653 000	3 915 000	3 368 000	2 249 000
Total Equity and Debt	12 301 000	12 744 000	12 256 000	5 889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 877 000	10 966 000	12 190 000	10 559 000
Other Income	278 000	311 000	129 000	0
Revenue	12 155 000	11 276 000	12 319 000	10 559 000
Cost of Goods Sold	4 672 000	4 048 000	5 788 000	4 568 000
Salary Costs	4 818 000	5 123 000	4 151 000	3 908 000
Depreciation	166 000	196 000	172 000	92 000
Impairment	0	0	0	0
Expenditure	11 358 000	10 877 000	11 548 000	9 573 000
Operating Profit	797 000	399 000	770 000	987 000
Financial Income	3 000	1 000	2 000	4 000
Financial Costs	188 000	144 000	97 000	0
Financial Balance	−185 000	−143 000	−95 000	4 000
Dividends	400 000	200 000	300 000	0
Net Income	478 000	199 000	527 000	772 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	103 000	69 000	64 000	63 000
Real Eastate	6 035 000	6 098 000	6 224 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	56 000	95 000	97 000	161 000
Total Tangible Assets	6 090 000	6 193 000	6 321 000	161 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 193 000	6 262 000	6 385 000	224 000
Stock	428 000	399 000	256 000	213 000
Total Investments	0	0	0	0
Cash, Bank	1 768 000	1 793 000	1 739 000	1 910 000
Total Current Assets	6 108 000	6 482 000	5 871 000	5 665 000
Total Assets	12 301 000	12 744 000	12 256 000	5 889 000
Total Equity	3 945 000	3 867 000	3 868 000	3 641 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 704 000	4 962 000	5 021 000	0
Creditors	783 000	1 469 000	897 000	120 000
Unpaid Taxes	1 065 000	1 118 000	924 000	881 000
Dividends	400 000	200 000	300 000	0
Other Current Debt	1 236 000	1 067 000	1 098 000	1 023 000
Total Current Debt	3 653 000	3 915 000	3 368 000	2 249 000
Total Equity and Debt	12 301 000	12 744 000	12 256 000	5 889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,12 %	5,15 %	13,62 %	21,2 %
Debt-to-Equity Ratio	1,19	1,28	1,3	0
Operating Profit Margin	6,56 %	3,54 %	6,25 %	9,35 %
Current Ratio	1,67	1,66	1,74	2,52
Quick Ratio	1,89	1,84	1,89	2,78
Equity Ratio	0,32	0,3	0,32	0,62
Gross Profit Margin	61,56 %	64,1 %	53,02 %	56,74 %