GJELSTEN TOTALSERVICE AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

37,37 %

Current Ratio

1,73

Debt-to-Equity Ratio

1,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 374 000	4 637 000	4 005 000	3 317 000
Net Income	318 000	415 000	535 000	270 000
Total Assets	3 164 000	2 785 000	1 637 000	912 000
Total Equity	851 000	533 000	118 000	313 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 374 000	4 637 000	4 005 000	3 317 000
Expenditure	4 901 000	4 077 000	3 300 000	2 950 000
Operating Profit	473 000	560 000	705 000	367 000
Financial Income	1 000	2 000	5 000	4 000
Financial Costs	61 000	16 000	25 000	20 000
Financial Balance	−60 000	−14 000	−20 000	−16 000
Earnings Before Tax	413 000	546 000	685 000	351 000
Tax	95 000	130 000	151 000	81 000
Net Income	318 000	415 000	535 000	270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 832 000	1 883 000	254 000	224 000
Total Current Assets	1 332 000	902 000	1 383 000	688 000
Total Assets	3 164 000	2 785 000	1 637 000	912 000
Total Retained Equity	748 000	430 000	14 000	210 000
Total Equity	851 000	533 000	118 000	313 000
Total Long-Term Debt	1 543 000	1 493 000	279 000	237 000
Total Current Debt	770 000	758 000	1 240 000	362 000
Total Equity and Debt	3 164 000	2 785 000	1 637 000	912 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 286 000	4 635 000	4 002 000	3 312 000
Other Income	88 000	3 000	2 000	4 000
Revenue	5 374 000	4 637 000	4 005 000	3 317 000
Cost of Goods Sold	1 956 000	1 723 000	1 213 000	1 029 000
Salary Costs	2 216 000	1 532 000	1 340 000	1 280 000
Depreciation	70 000	92 000	101 000	81 000
Impairment	0	0	0	0
Expenditure	4 901 000	4 077 000	3 300 000	2 950 000
Operating Profit	473 000	560 000	705 000	367 000
Financial Income	1 000	2 000	5 000	4 000
Financial Costs	61 000	16 000	25 000	20 000
Financial Balance	−60 000	−14 000	−20 000	−16 000
Dividends	0	0	730 000	0
Net Income	318 000	415 000	535 000	270 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 763 000	1 763 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	105 000	239 000	210 000
Total Tangible Assets	1 818 000	1 868 000	239 000	210 000
Total Fiancial Fixed Assets	14 000	14 000	14 000	14 000
Total Fixed Assets	1 832 000	1 883 000	254 000	224 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 018 000	649 000	1 099 000	644 000
Total Current Assets	1 332 000	902 000	1 383 000	688 000
Total Assets	3 164 000	2 785 000	1 637 000	912 000
Total Equity	851 000	533 000	118 000	313 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 543 000	1 493 000	279 000	237 000
Creditors	232 000	230 000	216 000	56 000
Unpaid Taxes	223 000	258 000	212 000	113 000
Dividends	0	0	730 000	0
Other Current Debt	220 000	141 000	121 000	111 000
Total Current Debt	770 000	758 000	1 240 000	362 000
Total Equity and Debt	3 164 000	2 785 000	1 637 000	912 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,37 %	77,86 %	453,39 %	86,26 %
Debt-to-Equity Ratio	1,81	2,8	2,36	0,76
Operating Profit Margin	8,8 %	12,08 %	17,6 %	11,06 %
Current Ratio	1,73	1,19	1,12	1,9
Quick Ratio	1,73	1,19	1,12	1,9
Equity Ratio	0,27	0,19	0,07	0,34
Gross Profit Margin	63,6 %	62,84 %	69,71 %	68,98 %