GULBRANDSEN & OLIMB AS

0671 OSLO

Finances

Share Ownership

Return on Equity

64,45 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 942 000	44 286 000	55 423 000	57 847 000
Net Income	5 610 000	2 433 000	1 447 000	2 004 000
Total Assets	25 251 000	22 052 000	24 515 000	29 183 000
Total Equity	8 705 000	8 695 000	8 662 000	9 915 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 942 000	44 286 000	55 423 000	57 847 000
Expenditure	48 696 000	41 134 000	53 669 000	55 368 000
Operating Profit	7 246 000	3 151 000	1 753 000	2 478 000
Financial Income	44 000	23 000	144 000	209 000
Financial Costs	97 000	54 000	38 000	117 000
Financial Balance	−53 000	−31 000	106 000	92 000
Earnings Before Tax	7 193 000	3 120 000	1 859 000	2 570 000
Tax	1 583 000	687 000	412 000	567 000
Net Income	5 610 000	2 433 000	1 447 000	2 004 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	250 000	627 000	826 000	1 535 000
Total Current Assets	25 001 000	21 425 000	23 690 000	27 648 000
Total Assets	25 251 000	22 052 000	24 515 000	29 183 000
Total Retained Equity	7 573 000	7 563 000	7 530 000	8 783 000
Total Equity	8 705 000	8 695 000	8 662 000	9 915 000
Total Long-Term Debt	1 422 000	0	624 000	0
Total Current Debt	15 124 000	13 357 000	15 230 000	19 268 000
Total Equity and Debt	25 251 000	22 052 000	24 515 000	29 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 937 000	44 240 000	55 393 000	57 847 000
Other Income	5 000	46 000	30 000	0
Revenue	55 942 000	44 286 000	55 423 000	57 847 000
Cost of Goods Sold	20 026 000	10 926 000	22 730 000	19 327 000
Salary Costs	21 888 000	22 415 000	23 314 000	28 365 000
Depreciation	257 000	360 000	522 000	633 000
Impairment	0	0	0	0
Expenditure	48 696 000	41 134 000	53 669 000	55 368 000
Operating Profit	7 246 000	3 151 000	1 753 000	2 478 000
Financial Income	44 000	23 000	144 000	209 000
Financial Costs	97 000	54 000	38 000	117 000
Financial Balance	−53 000	−31 000	106 000	92 000
Dividends	5 600 000	2 400 000	2 700 000	2 000 000
Net Income	5 610 000	2 433 000	1 447 000	2 004 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	161 000	0	400 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	201 000	400 000	635 000	998 000
Fixtures	49 000	66 000	190 000	137 000
Total Tangible Assets	250 000	465 000	826 000	1 135 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	250 000	627 000	826 000	1 535 000
Stock	201 000	269 000	280 000	541 000
Total Investments	0	0	0	0
Cash, Bank	13 703 000	10 217 000	6 071 000	1 676 000
Total Current Assets	25 001 000	21 425 000	23 690 000	27 648 000
Total Assets	25 251 000	22 052 000	24 515 000	29 183 000
Total Equity	8 705 000	8 695 000	8 662 000	9 915 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 422 000	0	624 000	0
Creditors	2 539 000	1 929 000	3 391 000	2 773 000
Unpaid Taxes	2 675 000	2 806 000	1 880 000	2 679 000
Dividends	5 600 000	2 400 000	2 700 000	2 000 000
Other Current Debt	4 310 000	4 750 000	7 259 000	10 447 000
Total Current Debt	15 124 000	13 357 000	15 230 000	19 268 000
Total Equity and Debt	25 251 000	22 052 000	24 515 000	29 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,45 %	27,98 %	16,71 %	20,21 %
Debt-to-Equity Ratio	0,16	0	0,07	0
Operating Profit Margin	12,95 %	7,12 %	3,16 %	4,28 %
Current Ratio	1,65	1,6	1,56	1,43
Quick Ratio	1,68	1,64	1,58	1,48
Equity Ratio	0,34	0,39	0,35	0,34
Gross Profit Margin	64,2 %	75,33 %	58,99 %	66,59 %