GHGULV AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

−208,12 %

Current Ratio

1,09

Debt-to-Equity Ratio

−2,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 580 000	20 421 000	18 420 000	22 858 000
Net Income	795 000	−331 000	1 081 000	1 803 000
Total Assets	4 516 000	5 903 000	5 125 000	4 463 000
Total Equity	−382 000	−1 177 000	−847 000	−1 928 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 580 000	20 421 000	18 420 000	22 858 000
Expenditure	24 526 000	20 361 000	17 104 000	20 728 000
Operating Profit	1 053 000	60 000	1 316 000	2 131 000
Financial Income	10 000	9 000	39 000	25 000
Financial Costs	268 000	399 000	274 000	354 000
Financial Balance	−258 000	−390 000	−235 000	−329 000
Earnings Before Tax	795 000	−331 000	1 081 000	1 803 000
Tax	0	0	0	0
Net Income	795 000	−331 000	1 081 000	1 803 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	272 000	169 000	122 000	151 000
Total Current Assets	4 244 000	5 734 000	5 003 000	4 312 000
Total Assets	4 516 000	5 903 000	5 125 000	4 463 000
Total Retained Equity	−2 243 000	−3 038 000	−2 707 000	−3 788 000
Total Equity	−382 000	−1 177 000	−847 000	−1 928 000
Total Long-Term Debt	1 000 000	1 000 000	1 000 000	1 650 000
Total Current Debt	3 898 000	6 081 000	4 971 000	4 741 000
Total Equity and Debt	4 516 000	5 903 000	5 125 000	4 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 489 000	20 421 000	18 388 000	22 852 000
Other Income	90 000	0	32 000	6 000
Revenue	25 580 000	20 421 000	18 420 000	22 858 000
Cost of Goods Sold	12 687 000	10 252 000	6 909 000	10 275 000
Salary Costs	7 974 000	6 654 000	6 765 000	6 900 000
Depreciation	45 000	37 000	24 000	50 000
Impairment	0	0	0	0
Expenditure	24 526 000	20 361 000	17 104 000	20 728 000
Operating Profit	1 053 000	60 000	1 316 000	2 131 000
Financial Income	10 000	9 000	39 000	25 000
Financial Costs	268 000	399 000	274 000	354 000
Financial Balance	−258 000	−390 000	−235 000	−329 000
Dividends	0	0	0	0
Net Income	795 000	−331 000	1 081 000	1 803 000

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	205 000	102 000	87 000	81 000
Total Tangible Assets	205 000	102 000	87 000	81 000
Total Fiancial Fixed Assets	67 000	67 000	35 000	70 000
Total Fixed Assets	272 000	169 000	122 000	151 000
Stock	1 407 000	1 605 000	1 401 000	795 000
Total Investments	0	0	0	0
Cash, Bank	297 000	261 000	217 000	214 000
Total Current Assets	4 244 000	5 734 000	5 003 000	4 312 000
Total Assets	4 516 000	5 903 000	5 125 000	4 463 000
Total Equity	−382 000	−1 177 000	−847 000	−1 928 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000 000	1 000 000	1 000 000	1 650 000
Creditors	653 000	2 145 000	1 997 000	1 038 000
Unpaid Taxes	971 000	938 000	995 000	839 000
Dividends	0	0	0	0
Other Current Debt	650 000	513 000	536 000	524 000
Total Current Debt	3 898 000	6 081 000	4 971 000	4 741 000
Total Equity and Debt	4 516 000	5 903 000	5 125 000	4 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−208,12 %	28,12 %	−127,63 %	−93,52 %
Debt-to-Equity Ratio	−2,62	−0,85	−1,18	−0,86
Operating Profit Margin	4,12 %	0,29 %	7,14 %	9,32 %
Current Ratio	1,09	0,94	1,01	0,91
Quick Ratio	1,7	1,28	1,4	1,09
Equity Ratio	−0,08	−0,2	−0,17	−0,43
Gross Profit Margin	50,4 %	49,8 %	62,49 %	55,05 %