KULDEMONTØRENE AS

2022 GJERDRUM

Finances

Return on Equity

23,34 %

Current Ratio

3,72

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 008 000	3 593 000	3 921 000	3 311 000
Net Income	617 000	188 000	1 068 000	580 000
Total Assets	3 966 000	3 464 000	3 255 000	2 395 000
Total Equity	2 644 000	2 327 000	2 339 000	1 471 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 008 000	3 593 000	3 921 000	3 311 000
Expenditure	3 355 000	3 368 000	3 094 000	2 555 000
Operating Profit	653 000	225 000	827 000	756 000
Financial Income	331 000	87 000	472 000	5 000
Financial Costs	139 000	67 000	15 000	17 000
Financial Balance	192 000	20 000	457 000	−12 000
Earnings Before Tax	845 000	245 000	1 284 000	744 000
Tax	229 000	57 000	216 000	164 000
Net Income	617 000	188 000	1 068 000	580 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	391 000	505 000	218 000	315 000
Total Current Assets	3 575 000	2 959 000	3 037 000	2 081 000
Total Assets	3 966 000	3 464 000	3 255 000	2 395 000
Total Retained Equity	2 594 000	2 277 000	2 289 000	1 421 000
Total Equity	2 644 000	2 327 000	2 339 000	1 471 000
Total Long-Term Debt	361 000	446 000	194 000	278 000
Total Current Debt	962 000	691 000	722 000	647 000
Total Equity and Debt	3 966 000	3 464 000	3 255 000	2 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 028 000	3 412 000	3 921 000	3 311 000
Other Income	−20 000	181 000	0	0
Revenue	4 008 000	3 593 000	3 921 000	3 311 000
Cost of Goods Sold	1 674 000	1 465 000	1 652 000	1 284 000
Salary Costs	1 270 000	1 381 000	1 045 000	883 000
Depreciation	114 000	106 000	97 000	97 000
Impairment	0	0	0	0
Expenditure	3 355 000	3 368 000	3 094 000	2 555 000
Operating Profit	653 000	225 000	827 000	756 000
Financial Income	331 000	87 000	472 000	5 000
Financial Costs	139 000	67 000	15 000	17 000
Financial Balance	192 000	20 000	457 000	−12 000
Dividends	300 000	200 000	200 000	150 000
Net Income	617 000	188 000	1 068 000	580 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	391 000	505 000	218 000	315 000
Total Tangible Assets	391 000	505 000	218 000	315 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	391 000	505 000	218 000	315 000
Stock	0	0	0	0
Total Investments	1 512 000	1 060 000	0	0
Cash, Bank	1 596 000	1 564 000	2 629 000	1 665 000
Total Current Assets	3 575 000	2 959 000	3 037 000	2 081 000
Total Assets	3 966 000	3 464 000	3 255 000	2 395 000
Total Equity	2 644 000	2 327 000	2 339 000	1 471 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	361 000	446 000	194 000	278 000
Creditors	217 000	181 000	79 000	105 000
Unpaid Taxes	176 000	169 000	127 000	142 000
Dividends	300 000	200 000	200 000	150 000
Other Current Debt	146 000	122 000	92 000	83 000
Total Current Debt	962 000	691 000	722 000	647 000
Total Equity and Debt	3 966 000	3 464 000	3 255 000	2 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,34 %	8,08 %	45,66 %	39,43 %
Debt-to-Equity Ratio	0,14	0,19	0,08	0,19
Operating Profit Margin	16,29 %	6,26 %	21,09 %	22,83 %
Current Ratio	3,72	4,28	4,21	3,22
Quick Ratio	3,72	4,28	4,21	3,22
Equity Ratio	0,67	0,67	0,72	0,61
Gross Profit Margin	58,23 %	59,23 %	57,87 %	61,22 %