GULLSMED STAMNÆSS AS

6010 ÅLESUND

Finances

Return on Equity

5,04 %

Current Ratio

2,1

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 437 000	10 734 000	9 748 000	10 700 000
Net Income	243 000	255 000	270 000	−1 000
Total Assets	8 889 000	7 562 000	10 878 000	12 404 000
Total Equity	4 824 000	4 856 000	1 231 000	961 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 437 000	10 734 000	9 748 000	10 700 000
Expenditure	11 032 000	10 370 000	8 881 000	9 991 000
Operating Profit	405 000	364 000	868 000	708 000
Financial Income	1 000	1 000	4 000	4 000
Financial Costs	94 000	35 000	524 000	712 000
Financial Balance	−93 000	−34 000	−520 000	−708 000
Earnings Before Tax	312 000	330 000	347 000	0
Tax	69 000	75 000	77 000	2 000
Net Income	243 000	255 000	270 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	401 000	494 000	4 095 000	4 332 000
Total Current Assets	8 488 000	7 067 000	6 783 000	8 072 000
Total Assets	8 889 000	7 562 000	10 878 000	12 404 000
Total Retained Equity	−3 859 000	−4 102 000	−4 318 000	−4 588 000
Total Equity	4 824 000	4 856 000	1 231 000	961 000
Total Long-Term Debt	26 000	35 000	7 220 000	7 422 000
Total Current Debt	4 039 000	2 670 000	2 427 000	4 021 000
Total Equity and Debt	8 889 000	7 562 000	10 878 000	12 404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 422 000	10 273 000	9 713 000	10 700 000
Other Income	15 000	461 000	35 000	0
Revenue	11 437 000	10 734 000	9 748 000	10 700 000
Cost of Goods Sold	6 040 000	5 571 000	5 320 000	5 896 000
Salary Costs	3 311 000	2 958 000	2 433 000	2 647 000
Depreciation	93 000	98 000	167 000	178 000
Impairment	0	0	0	0
Expenditure	11 032 000	10 370 000	8 881 000	9 991 000
Operating Profit	405 000	364 000	868 000	708 000
Financial Income	1 000	1 000	4 000	4 000
Financial Costs	94 000	35 000	524 000	712 000
Financial Balance	−93 000	−34 000	−520 000	−708 000
Dividends	0	0	0	0
Net Income	243 000	255 000	270 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	3 467 000	3 528 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	401 000	494 000	593 000	767 000
Total Tangible Assets	401 000	494 000	4 059 000	4 296 000
Total Fiancial Fixed Assets	0	0	36 000	36 000
Total Fixed Assets	401 000	494 000	4 095 000	4 332 000
Stock	6 978 000	5 969 000	4 797 000	4 794 000
Total Investments	0	0	0	0
Cash, Bank	1 404 000	493 000	690 000	812 000
Total Current Assets	8 488 000	7 067 000	6 783 000	8 072 000
Total Assets	8 889 000	7 562 000	10 878 000	12 404 000
Total Equity	4 824 000	4 856 000	1 231 000	961 000
Short-Term Group Debt	529 000	0	0	0
Total Long-Term Debt	26 000	35 000	7 220 000	7 422 000
Creditors	1 263 000	1 044 000	1 122 000	2 671 000
Unpaid Taxes	739 000	608 000	707 000	793 000
Dividends	0	0	0	0
Other Current Debt	743 000	596 000	511 000	504 000
Total Current Debt	4 039 000	2 670 000	2 427 000	4 021 000
Total Equity and Debt	8 889 000	7 562 000	10 878 000	12 404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,04 %	5,25 %	21,93 %	−0,1 %
Debt-to-Equity Ratio	0,01	0,01	5,87	7,72
Operating Profit Margin	3,54 %	3,39 %	8,9 %	6,62 %
Current Ratio	2,1	2,65	2,79	2,01
Quick Ratio	−2,89	−2,14	−2,86	−10,44
Equity Ratio	0,54	0,64	0,11	0,08
Gross Profit Margin	47,19 %	48,1 %	45,42 %	44,9 %