GULLSMED TRULS AMBJØRNSEN AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

9,99 %

Current Ratio

5,82

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 625 000	22 524 000	23 286 000	21 365 000
Net Income	1 819 000	2 848 000	3 397 000	1 744 000
Total Assets	22 663 000	22 813 000	21 430 000	18 516 000
Total Equity	18 216 000	17 497 000	15 449 000	12 852 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 625 000	22 524 000	23 286 000	21 365 000
Expenditure	18 251 000	18 833 000	18 860 000	19 125 000
Operating Profit	2 373 000	3 691 000	4 426 000	2 240 000
Financial Income	66 000	53 000	29 000	77 000
Financial Costs	107 000	94 000	99 000	81 000
Financial Balance	−41 000	−41 000	−70 000	−4 000
Earnings Before Tax	2 332 000	3 651 000	4 356 000	2 236 000
Tax	513 000	804 000	958 000	492 000
Net Income	1 819 000	2 848 000	3 397 000	1 744 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	85 000	97 000	100 000
Total Current Assets	22 539 000	22 728 000	21 333 000	18 416 000
Total Assets	22 663 000	22 813 000	21 430 000	18 516 000
Total Retained Equity	18 116 000	17 397 000	15 349 000	12 752 000
Total Equity	18 216 000	17 497 000	15 449 000	12 852 000
Total Long-Term Debt	574 000	556 000	1 214 000	1 382 000
Total Current Debt	3 873 000	4 760 000	4 767 000	4 282 000
Total Equity and Debt	22 663 000	22 813 000	21 430 000	18 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 625 000	22 524 000	23 286 000	21 365 000
Other Income	0	0	0	0
Revenue	20 625 000	22 524 000	23 286 000	21 365 000
Cost of Goods Sold	11 572 000	12 507 000	12 739 000	11 497 000
Salary Costs	4 689 000	4 402 000	4 149 000	4 618 000
Depreciation	8 000	0	0	0
Impairment	0	0	0	0
Expenditure	18 251 000	18 833 000	18 860 000	19 125 000
Operating Profit	2 373 000	3 691 000	4 426 000	2 240 000
Financial Income	66 000	53 000	29 000	77 000
Financial Costs	107 000	94 000	99 000	81 000
Financial Balance	−41 000	−41 000	−70 000	−4 000
Dividends	0	0	0	0
Net Income	1 819 000	2 848 000	3 397 000	1 744 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	83 000	85 000	87 000	90 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	42 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	42 000	0	0	0
Total Fiancial Fixed Assets	0	0	10 000	10 000
Total Fixed Assets	125 000	85 000	97 000	100 000
Stock	13 286 000	12 562 000	13 907 000	12 462 000
Total Investments	0	0	0	0
Cash, Bank	8 582 000	10 015 000	7 320 000	5 477 000
Total Current Assets	22 539 000	22 728 000	21 333 000	18 416 000
Total Assets	22 663 000	22 813 000	21 430 000	18 516 000
Total Equity	18 216 000	17 497 000	15 449 000	12 852 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	574 000	556 000	1 214 000	1 382 000
Creditors	1 395 000	1 651 000	1 675 000	1 479 000
Unpaid Taxes	1 312 000	1 486 000	1 277 000	1 207 000
Dividends	0	0	0	0
Other Current Debt	655 000	820 000	859 000	1 107 000
Total Current Debt	3 873 000	4 760 000	4 767 000	4 282 000
Total Equity and Debt	22 663 000	22 813 000	21 430 000	18 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,99 %	16,28 %	21,99 %	13,57 %
Debt-to-Equity Ratio	0,03	0,03	0,08	0,11
Operating Profit Margin	11,51 %	16,39 %	19,01 %	10,48 %
Current Ratio	5,82	4,77	4,48	4,3
Quick Ratio	−2,39	−2,91	−2,33	−2,25
Equity Ratio	0,8	0,77	0,72	0,69
Gross Profit Margin	43,89 %	44,47 %	45,29 %	46,19 %