GJØVIK ELEKTRO AS

2818 GJØVIK

Finances

Share Ownership

Return on Equity

191,96 %

Current Ratio

0,94

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 547 000	4 980 000	5 455 000	7 073 000
Net Income	883 000	1 085 000	1 030 000	1 206 000
Total Assets	4 099 000	3 416 000	3 292 000	3 227 000
Total Equity	460 000	477 000	292 000	262 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 547 000	4 980 000	5 455 000	7 073 000
Expenditure	4 418 000	3 588 000	4 135 000	5 530 000
Operating Profit	1 129 000	1 391 000	1 320 000	1 544 000
Financial Income	4 000	1 000	2 000	5 000
Financial Costs	0	1 000	1 000	3 000
Financial Balance	4 000	0	1 000	2 000
Earnings Before Tax	1 132 000	1 391 000	1 321 000	1 546 000
Tax	249 000	306 000	291 000	340 000
Net Income	883 000	1 085 000	1 030 000	1 206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	691 000	871 000	56 000	66 000
Total Current Assets	3 409 000	2 545 000	3 236 000	3 161 000
Total Assets	4 099 000	3 416 000	3 292 000	3 227 000
Total Retained Equity	430 000	447 000	262 000	232 000
Total Equity	460 000	477 000	292 000	262 000
Total Long-Term Debt	29 000	37 000	0	0
Total Current Debt	3 610 000	2 902 000	2 999 000	2 966 000
Total Equity and Debt	4 099 000	3 416 000	3 292 000	3 227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 547 000	4 780 000	5 455 000	7 073 000
Other Income	0	200 000	0	0
Revenue	5 547 000	4 980 000	5 455 000	7 073 000
Cost of Goods Sold	1 568 000	942 000	1 563 000	2 904 000
Salary Costs	1 975 000	1 918 000	1 971 000	1 925 000
Depreciation	180 000	26 000	3 000	1 000
Impairment	0	0	0	0
Expenditure	4 418 000	3 588 000	4 135 000	5 530 000
Operating Profit	1 129 000	1 391 000	1 320 000	1 544 000
Financial Income	4 000	1 000	2 000	5 000
Financial Costs	0	1 000	1 000	3 000
Financial Balance	4 000	0	1 000	2 000
Dividends	900 000	900 000	1 000 000	1 205 000
Net Income	883 000	1 085 000	1 030 000	1 206 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	44 000	50 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	9 000	12 000	16 000
Fixtures	691 000	862 000	0	0
Total Tangible Assets	691 000	871 000	12 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	691 000	871 000	56 000	66 000
Stock	21 000	24 000	24 000	25 000
Total Investments	0	0	0	0
Cash, Bank	2 028 000	1 361 000	1 836 000	1 710 000
Total Current Assets	3 409 000	2 545 000	3 236 000	3 161 000
Total Assets	4 099 000	3 416 000	3 292 000	3 227 000
Total Equity	460 000	477 000	292 000	262 000
Short-Term Group Debt	1 597 000	0	0	0
Total Long-Term Debt	29 000	37 000	0	0
Creditors	200 000	170 000	165 000	451 000
Unpaid Taxes	347 000	277 000	311 000	312 000
Dividends	900 000	900 000	1 000 000	1 205 000
Other Current Debt	309 000	1 329 000	1 239 000	652 000
Total Current Debt	3 610 000	2 902 000	2 999 000	2 966 000
Total Equity and Debt	4 099 000	3 416 000	3 292 000	3 227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	191,96 %	227,46 %	352,74 %	460,31 %
Debt-to-Equity Ratio	0,06	0,08	0	0
Operating Profit Margin	20,35 %	27,93 %	24,2 %	21,83 %
Current Ratio	0,94	0,88	1,08	1,07
Quick Ratio	0,95	0,88	1,09	1,07
Equity Ratio	0,11	0,14	0,09	0,08
Gross Profit Margin	71,73 %	81,08 %	71,35 %	58,94 %