GITTEREXPERTEN AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

25,17 %

Current Ratio

7,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 009 000	1 600 000	1 323 000	1 941 000
Net Income	183 000	184 000	41 000	104 000
Total Assets	835 000	731 000	576 000	828 000
Total Equity	727 000	544 000	360 000	319 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 009 000	1 600 000	1 323 000	1 941 000
Expenditure	1 775 000	1 364 000	1 274 000	1 810 000
Operating Profit	234 000	235 000	49 000	130 000
Financial Income	1 000	0	4 000	3 000
Financial Costs	0	0	1 000	0
Financial Balance	1 000	0	3 000	3 000
Earnings Before Tax	235 000	235 000	53 000	133 000
Tax	52 000	52 000	12 000	29 000
Net Income	183 000	184 000	41 000	104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	56 000	77 000	117 000
Total Current Assets	793 000	675 000	500 000	712 000
Total Assets	835 000	731 000	576 000	828 000
Total Retained Equity	697 000	514 000	330 000	289 000
Total Equity	727 000	544 000	360 000	319 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	108 000	187 000	216 000	509 000
Total Equity and Debt	835 000	731 000	576 000	828 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 009 000	1 600 000	1 300 000	1 941 000
Other Income	0	0	23 000	0
Revenue	2 009 000	1 600 000	1 323 000	1 941 000
Cost of Goods Sold	1 202 000	762 000	582 000	898 000
Salary Costs	166 000	163 000	257 000	416 000
Depreciation	9 000	9 000	34 000	51 000
Impairment	0	0	0	0
Expenditure	1 775 000	1 364 000	1 274 000	1 810 000
Operating Profit	234 000	235 000	49 000	130 000
Financial Income	1 000	0	4 000	3 000
Financial Costs	0	0	1 000	0
Financial Balance	1 000	0	3 000	3 000
Dividends	0	0	0	0
Net Income	183 000	184 000	41 000	104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	33 000	44 000	50 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	23 000	32 000	66 000
Total Tangible Assets	14 000	23 000	32 000	66 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	41 000	56 000	77 000	117 000
Stock	554 000	410 000	314 000	395 000
Total Investments	0	0	0	0
Cash, Bank	13 000	179 000	172 000	204 000
Total Current Assets	793 000	675 000	500 000	712 000
Total Assets	835 000	731 000	576 000	828 000
Total Equity	727 000	544 000	360 000	319 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	62 000	116 000	350 000
Unpaid Taxes	3 000	66 000	59 000	60 000
Dividends	0	0	0	0
Other Current Debt	40 000	19 000	36 000	75 000
Total Current Debt	108 000	187 000	216 000	509 000
Total Equity and Debt	835 000	731 000	576 000	828 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,17 %	33,82 %	11,39 %	32,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,65 %	14,69 %	3,7 %	6,7 %
Current Ratio	7,34	3,61	2,31	1,4
Quick Ratio	−1,78	−3,03	−5,1	6,25
Equity Ratio	0,87	0,74	0,63	0,39
Gross Profit Margin	40,17 %	52,38 %	56,01 %	53,74 %