GJEMNES RØR AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

14,29 %

Current Ratio

3,72

Debt-to-Equity Ratio

14,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	360 000
Net Income	26 000	59 000	54 000	31 000
Total Assets	2 860 000	2 985 000	3 089 000	3 656 000
Total Equity	182 000	156 000	98 000	143 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	360 000
Expenditure	213 000	203 000	198 000	209 000
Operating Profit	147 000	157 000	162 000	151 000
Financial Income	0	0	0	0
Financial Costs	97 000	66 000	86 000	112 000
Financial Balance	−97 000	−66 000	−86 000	−112 000
Earnings Before Tax	50 000	91 000	76 000	39 000
Tax	24 000	32 000	22 000	9 000
Net Income	26 000	59 000	54 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 410 000	2 573 000	2 739 000	2 904 000
Total Current Assets	450 000	411 000	351 000	752 000
Total Assets	2 860 000	2 985 000	3 089 000	3 656 000
Total Retained Equity	82 000	56 000	−2 000	43 000
Total Equity	182 000	156 000	98 000	143 000
Total Long-Term Debt	2 557 000	2 702 000	2 870 000	3 405 000
Total Current Debt	121 000	127 000	122 000	108 000
Total Equity and Debt	2 860 000	2 985 000	3 089 000	3 656 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	360 000	360 000	360 000	360 000
Revenue	360 000	360 000	360 000	360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	163 000	165 000	165 000	165 000
Impairment	0	0	0	0
Expenditure	213 000	203 000	198 000	209 000
Operating Profit	147 000	157 000	162 000	151 000
Financial Income	0	0	0	0
Financial Costs	97 000	66 000	86 000	112 000
Financial Balance	−97 000	−66 000	−86 000	−112 000
Dividends	0	0	0	0
Net Income	26 000	59 000	54 000	31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 410 000	2 571 000	2 732 000	2 904 000
Machinery and Plant Facilities	0	2 000	7 000	0
Fixtures	0	0	0	0
Total Tangible Assets	2 410 000	2 573 000	2 739 000	2 904 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 410 000	2 573 000	2 739 000	2 904 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	440 000	249 000	266 000	668 000
Total Current Assets	450 000	411 000	351 000	752 000
Total Assets	2 860 000	2 985 000	3 089 000	3 656 000
Total Equity	182 000	156 000	98 000	143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 557 000	2 702 000	2 870 000	3 405 000
Creditors	92 000	92 000	92 000	99 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	3 000	3 000	5 000
Total Current Debt	121 000	127 000	122 000	108 000
Total Equity and Debt	2 860 000	2 985 000	3 089 000	3 656 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,29 %	37,82 %	55,1 %	21,68 %
Debt-to-Equity Ratio	14,05	17,32	29,29	23,81
Operating Profit Margin	40,83 %	43,61 %	45 %	41,94 %
Current Ratio	3,72	3,24	2,88	6,96
Quick Ratio	3,72	3,24	2,88	6,96
Equity Ratio	0,06	0,05	0,03	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %