MALERFIRMA GAMMELSETER & RIKARDSEN AS

3517 HØNEFOSS

Finances

Share Ownership

Return on Equity

15,89 %

Current Ratio

2,09

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 166 000	8 798 000	7 984 000	6 082 000
Net Income	324 000	425 000	809 000	−131 000
Total Assets	3 912 000	8 555 000	5 701 000	4 718 000
Total Equity	2 039 000	2 588 000	2 163 000	1 354 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 166 000	8 798 000	7 984 000	6 082 000
Expenditure	10 746 000	8 115 000	6 837 000	6 131 000
Operating Profit	420 000	682 000	1 147 000	−49 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	15 000	137 000	110 000	119 000
Financial Balance	−13 000	−136 000	−110 000	−118 000
Earnings Before Tax	407 000	545 000	1 038 000	−168 000
Tax	83 000	120 000	228 000	−37 000
Net Income	324 000	425 000	809 000	−131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 000	5 742 000	2 941 000	3 024 000
Total Current Assets	3 751 000	2 814 000	2 760 000	1 694 000
Total Assets	3 912 000	8 555 000	5 701 000	4 718 000
Total Retained Equity	1 963 000	2 388 000	2 133 000	1 333 000
Total Equity	2 039 000	2 588 000	2 163 000	1 354 000
Total Long-Term Debt	73 000	4 742 000	2 157 000	2 293 000
Total Current Debt	1 799 000	1 226 000	1 381 000	1 071 000
Total Equity and Debt	3 912 000	8 555 000	5 701 000	4 718 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 166 000	8 598 000	7 986 000	6 064 000
Other Income	0	201 000	−2 000	18 000
Revenue	11 166 000	8 798 000	7 984 000	6 082 000
Cost of Goods Sold	2 848 000	1 316 000	1 161 000	1 113 000
Salary Costs	6 048 000	5 110 000	4 224 000	3 810 000
Depreciation	92 000	250 000	150 000	147 000
Impairment	0	0	0	0
Expenditure	10 746 000	8 115 000	6 837 000	6 131 000
Operating Profit	420 000	682 000	1 147 000	−49 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	15 000	137 000	110 000	119 000
Financial Balance	−13 000	−136 000	−110 000	−118 000
Dividends	0	0	0	0
Net Income	324 000	425 000	809 000	−131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	68 000
Real Eastate	0	5 489 000	2 702 000	2 687 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	161 000	253 000	239 000	265 000
Total Tangible Assets	161 000	5 742 000	2 941 000	2 952 000
Total Fiancial Fixed Assets	0	0	0	4 000
Total Fixed Assets	161 000	5 742 000	2 941 000	3 024 000
Stock	185 000	184 000	108 000	93 000
Total Investments	0	0	0	0
Cash, Bank	1 828 000	1 948 000	2 124 000	917 000
Total Current Assets	3 751 000	2 814 000	2 760 000	1 694 000
Total Assets	3 912 000	8 555 000	5 701 000	4 718 000
Total Equity	2 039 000	2 588 000	2 163 000	1 354 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	73 000	4 742 000	2 157 000	2 293 000
Creditors	329 000	148 000	324 000	271 000
Unpaid Taxes	747 000	443 000	456 000	439 000
Dividends	0	0	0	0
Other Current Debt	633 000	510 000	453 000	361 000
Total Current Debt	1 799 000	1 226 000	1 381 000	1 071 000
Total Equity and Debt	3 912 000	8 555 000	5 701 000	4 718 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,89 %	16,42 %	37,4 %	−9,68 %
Debt-to-Equity Ratio	0,04	1,83	1	1,69
Operating Profit Margin	3,76 %	7,75 %	14,37 %	−0,81 %
Current Ratio	2,09	2,3	2	1,58
Quick Ratio	2,32	2,7	2,17	1,73
Equity Ratio	0,52	0,3	0,38	0,29
Gross Profit Margin	74,49 %	85,04 %	85,46 %	81,7 %