GM ENTREPRENØR HARSTAD AS

9403 HARSTAD

Finances

Share Ownership

Return on Equity

16,12 %

Current Ratio

1,6

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 520 000	11 316 000	12 808 000	6 772 000
Net Income	318 000	699 000	1 640 000	912 000
Total Assets	4 672 000	4 130 000	4 767 000	2 679 000
Total Equity	1 973 000	1 654 000	955 000	1 091 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 520 000	11 316 000	12 808 000	6 772 000
Expenditure	11 073 000	10 340 000	10 707 000	5 595 000
Operating Profit	447 000	976 000	2 101 000	1 177 000
Financial Income	0	2 000	36 000	1 000
Financial Costs	4 000	0	6 000	0
Financial Balance	−4 000	2 000	30 000	1 000
Earnings Before Tax	443 000	978 000	2 131 000	1 178 000
Tax	125 000	279 000	491 000	266 000
Net Income	318 000	699 000	1 640 000	912 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	935 000	884 000	880 000	494 000
Total Current Assets	3 737 000	3 246 000	3 886 000	2 185 000
Total Assets	4 672 000	4 130 000	4 767 000	2 679 000
Total Retained Equity	1 943 000	1 624 000	925 000	1 061 000
Total Equity	1 973 000	1 654 000	955 000	1 091 000
Total Long-Term Debt	358 000	558 000	279 000	240 000
Total Current Debt	2 342 000	1 918 000	3 533 000	1 348 000
Total Equity and Debt	4 672 000	4 130 000	4 767 000	2 679 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 520 000	11 316 000	12 808 000	6 772 000
Other Income	0	0	0	0
Revenue	11 520 000	11 316 000	12 808 000	6 772 000
Cost of Goods Sold	4 809 000	4 774 000	5 657 000	2 122 000
Salary Costs	4 345 000	4 065 000	3 765 000	2 644 000
Depreciation	206 000	172 000	127 000	74 000
Impairment	0	0	0	0
Expenditure	11 073 000	10 340 000	10 707 000	5 595 000
Operating Profit	447 000	976 000	2 101 000	1 177 000
Financial Income	0	2 000	36 000	1 000
Financial Costs	4 000	0	6 000	0
Financial Balance	−4 000	2 000	30 000	1 000
Dividends	0	0	1 328 000	100 000
Net Income	318 000	699 000	1 640 000	912 000

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	935 000	884 000	880 000	494 000
Total Tangible Assets	935 000	884 000	880 000	494 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	935 000	884 000	880 000	494 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 874 000	1 470 000	1 363 000	1 323 000
Total Current Assets	3 737 000	3 246 000	3 886 000	2 185 000
Total Assets	4 672 000	4 130 000	4 767 000	2 679 000
Total Equity	1 973 000	1 654 000	955 000	1 091 000
Short-Term Group Debt	0	0	574 000	200 000
Total Long-Term Debt	358 000	558 000	279 000	240 000
Creditors	344 000	430 000	405 000	349 000
Unpaid Taxes	894 000	627 000	233 000	261 000
Dividends	0	0	1 328 000	100 000
Other Current Debt	778 000	861 000	666 000	393 000
Total Current Debt	2 342 000	1 918 000	3 533 000	1 348 000
Total Equity and Debt	4 672 000	4 130 000	4 767 000	2 679 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,12 %	42,26 %	171,73 %	83,59 %
Debt-to-Equity Ratio	0,18	0,34	0,29	0,22
Operating Profit Margin	3,88 %	8,62 %	16,4 %	17,38 %
Current Ratio	1,6	1,69	1,1	1,62
Quick Ratio	1,6	1,69	1,1	1,62
Equity Ratio	0,42	0,4	0,2	0,41
Gross Profit Margin	58,26 %	57,81 %	55,83 %	68,67 %