GJELSTAD INVEST AS

3084 HOLMESTRAND

Finances

Return on Equity

96,76 %

Current Ratio

0,19

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 000	240 000	700 000	320 000
Net Income	4 895 000	276 000	526 000	359 000
Total Assets	10 088 000	7 544 000	5 223 000	2 546 000
Total Equity	5 059 000	164 000	438 000	412 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 000	240 000	700 000	320 000
Expenditure	514 000	674 000	648 000	480 000
Operating Profit	−354 000	−434 000	52 000	−160 000
Financial Income	5 445 000	914 000	555 000	563 000
Financial Costs	196 000	204 000	81 000	44 000
Financial Balance	5 249 000	710 000	474 000	519 000
Earnings Before Tax	4 895 000	276 000	526 000	359 000
Tax	0	0	0	0
Net Income	4 895 000	276 000	526 000	359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 053 000	6 603 000	4 808 000	2 148 000
Total Current Assets	35 000	941 000	415 000	398 000
Total Assets	10 088 000	7 544 000	5 223 000	2 546 000
Total Retained Equity	4 949 000	54 000	328 000	302 000
Total Equity	5 059 000	164 000	438 000	412 000
Total Long-Term Debt	4 849 000	6 689 000	4 024 000	1 643 000
Total Current Debt	180 000	691 000	761 000	491 000
Total Equity and Debt	10 088 000	7 544 000	5 223 000	2 546 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 000	240 000	700 000	320 000
Other Income	0	0	0	0
Revenue	160 000	240 000	700 000	320 000
Cost of Goods Sold	0	0	0	0
Salary Costs	409 000	614 000	609 000	437 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	514 000	674 000	648 000	480 000
Operating Profit	−354 000	−434 000	52 000	−160 000
Financial Income	5 445 000	914 000	555 000	563 000
Financial Costs	196 000	204 000	81 000	44 000
Financial Balance	5 249 000	710 000	474 000	519 000
Dividends	0	550 000	500 000	300 000
Net Income	4 895 000	276 000	526 000	359 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	10 053 000	6 603 000	4 808 000	2 148 000
Total Fixed Assets	10 053 000	6 603 000	4 808 000	2 148 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	35 000	586 000	134 000	391 000
Total Current Assets	35 000	941 000	415 000	398 000
Total Assets	10 088 000	7 544 000	5 223 000	2 546 000
Total Equity	5 059 000	164 000	438 000	412 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 849 000	6 689 000	4 024 000	1 643 000
Creditors	0	0	2 000	0
Unpaid Taxes	25 000	83 000	201 000	107 000
Dividends	0	550 000	500 000	300 000
Other Current Debt	154 000	58 000	58 000	83 000
Total Current Debt	180 000	691 000	761 000	491 000
Total Equity and Debt	10 088 000	7 544 000	5 223 000	2 546 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,76 %	168,29 %	120,09 %	87,14 %
Debt-to-Equity Ratio	0,96	40,79	9,19	3,99
Operating Profit Margin	−221,25 %	−180,83 %	7,43 %	−50 %
Current Ratio	0,19	1,36	0,55	0,81
Quick Ratio	0,19	1,36	0,55	0,81
Equity Ratio	0,5	0,02	0,08	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %