GULLSMED BERNHARD HANSEN AS

4006 STAVANGER

Finances

Return on Equity

17,31 %

Current Ratio

3,35

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 874 000	9 626 000	9 967 000	9 399 000
Net Income	1 232 000	846 000	1 279 000	1 864 000
Total Assets	10 763 000	10 560 000	10 201 000	9 430 000
Total Equity	7 117 000	6 384 000	5 838 000	4 559 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 874 000	9 626 000	9 967 000	9 399 000
Expenditure	9 176 000	8 440 000	8 193 000	8 176 000
Operating Profit	1 698 000	1 187 000	1 773 000	1 223 000
Financial Income	17 000	6 000	19 000	998 000
Financial Costs	134 000	105 000	151 000	111 000
Financial Balance	−117 000	−99 000	−132 000	887 000
Earnings Before Tax	1 581 000	1 087 000	1 642 000	2 110 000
Tax	349 000	241 000	363 000	246 000
Net Income	1 232 000	846 000	1 279 000	1 864 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 643 000	4 752 000	4 086 000	4 119 000
Total Current Assets	6 119 000	5 808 000	6 115 000	5 311 000
Total Assets	10 763 000	10 560 000	10 201 000	9 430 000
Total Retained Equity	7 017 000	6 284 000	5 738 000	4 459 000
Total Equity	7 117 000	6 384 000	5 838 000	4 559 000
Total Long-Term Debt	1 819 000	2 105 000	2 431 000	2 605 000
Total Current Debt	1 827 000	2 071 000	1 933 000	2 266 000
Total Equity and Debt	10 763 000	10 560 000	10 201 000	9 430 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 874 000	9 553 000	9 872 000	9 399 000
Other Income	0	74 000	95 000	0
Revenue	10 874 000	9 626 000	9 967 000	9 399 000
Cost of Goods Sold	4 695 000	4 189 000	4 427 000	4 359 000
Salary Costs	2 766 000	2 470 000	1 975 000	2 146 000
Depreciation	105 000	117 000	62 000	70 000
Impairment	0	0	0	0
Expenditure	9 176 000	8 440 000	8 193 000	8 176 000
Operating Profit	1 698 000	1 187 000	1 773 000	1 223 000
Financial Income	17 000	6 000	19 000	998 000
Financial Costs	134 000	105 000	151 000	111 000
Financial Balance	−117 000	−99 000	−132 000	887 000
Dividends	500 000	300 000	0	650 000
Net Income	1 232 000	846 000	1 279 000	1 864 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	13 000	15 000	11 000
Real Eastate	617 000	714 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	31 000	91 000	128 000
Total Tangible Assets	639 000	744 000	91 000	128 000
Total Fiancial Fixed Assets	3 995 000	3 995 000	3 980 000	3 980 000
Total Fixed Assets	4 643 000	4 752 000	4 086 000	4 119 000
Stock	4 481 000	3 883 000	3 475 000	3 185 000
Total Investments	0	0	0	0
Cash, Bank	891 000	1 308 000	2 227 000	1 402 000
Total Current Assets	6 119 000	5 808 000	6 115 000	5 311 000
Total Assets	10 763 000	10 560 000	10 201 000	9 430 000
Total Equity	7 117 000	6 384 000	5 838 000	4 559 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 819 000	2 105 000	2 431 000	2 605 000
Creditors	324 000	521 000	304 000	470 000
Unpaid Taxes	669 000	654 000	761 000	644 000
Dividends	500 000	300 000	0	650 000
Other Current Debt	489 000	658 000	501 000	402 000
Total Current Debt	1 827 000	2 071 000	1 933 000	2 266 000
Total Equity and Debt	10 763 000	10 560 000	10 201 000	9 430 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,31 %	13,25 %	21,91 %	40,89 %
Debt-to-Equity Ratio	0,26	0,33	0,42	0,57
Operating Profit Margin	15,62 %	12,33 %	17,79 %	13,01 %
Current Ratio	3,35	2,8	3,16	2,34
Quick Ratio	−2,31	−3,21	−3,97	−5,78
Equity Ratio	0,66	0,6	0,57	0,48
Gross Profit Margin	56,82 %	56,48 %	55,58 %	53,62 %