GUDVANGEN UTVIKLING AS

5747 GUDVANGEN

Finances

Share Ownership

Return on Equity

7,3 %

Current Ratio

0,21

Debt-to-Equity Ratio

−1,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 686 000	4 306 000	3 535 000	7 271 000
Net Income	−1 593 000	−3 066 000	−4 421 000	−8 818 000
Total Assets	26 334 000	28 862 000	31 172 000	34 275 000
Total Equity	−21 827 000	−20 234 000	−17 168 000	−12 747 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 686 000	4 306 000	3 535 000	7 271 000
Expenditure	10 732 000	6 170 000	6 385 000	11 545 000
Operating Profit	−46 000	−1 864 000	−2 850 000	−4 275 000
Financial Income	1 000	1 000	1 000	4 000
Financial Costs	1 547 000	1 203 000	1 572 000	2 149 000
Financial Balance	−1 546 000	−1 202 000	−1 571 000	−2 145 000
Earnings Before Tax	−1 593 000	−3 066 000	−4 421 000	−6 420 000
Tax	0	0	0	2 398 000
Net Income	−1 593 000	−3 066 000	−4 421 000	−8 818 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 106 000	27 546 000	30 001 000	32 458 000
Total Current Assets	1 228 000	1 316 000	1 171 000	1 817 000
Total Assets	26 334 000	28 862 000	31 172 000	34 275 000
Total Retained Equity	−23 544 000	−21 952 000	−18 885 000	−14 464 000
Total Equity	−21 827 000	−20 234 000	−17 168 000	−12 747 000
Total Long-Term Debt	42 219 000	42 750 000	42 307 000	38 015 000
Total Current Debt	5 942 000	6 346 000	6 033 000	9 006 000
Total Equity and Debt	26 334 000	28 862 000	31 172 000	34 275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 604 000	4 260 000	3 522 000	7 671 000
Other Income	82 000	47 000	13 000	−400 000
Revenue	10 686 000	4 306 000	3 535 000	7 271 000
Cost of Goods Sold	1 628 000	304 000	592 000	1 073 000
Salary Costs	4 720 000	2 058 000	1 632 000	5 844 000
Depreciation	2 448 000	2 455 000	2 457 000	2 478 000
Impairment	0	0	0	0
Expenditure	10 732 000	6 170 000	6 385 000	11 545 000
Operating Profit	−46 000	−1 864 000	−2 850 000	−4 275 000
Financial Income	1 000	1 000	1 000	4 000
Financial Costs	1 547 000	1 203 000	1 572 000	2 149 000
Financial Balance	−1 546 000	−1 202 000	−1 571 000	−2 145 000
Dividends	0	0	0	0
Net Income	−1 593 000	−3 066 000	−4 421 000	−8 818 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	43 000	43 000	29 991 000	43 000
Machinery and Plant Facilities	25 054 000	27 501 000	0	32 395 000
Fixtures	0	1 000	9 000	20 000
Total Tangible Assets	25 098 000	27 546 000	30 001 000	32 458 000
Total Fiancial Fixed Assets	8 000	0	0	0
Total Fixed Assets	25 106 000	27 546 000	30 001 000	32 458 000
Stock	775 000	934 000	1 012 000	1 271 000
Total Investments	0	0	0	0
Cash, Bank	242 000	155 000	98 000	186 000
Total Current Assets	1 228 000	1 316 000	1 171 000	1 817 000
Total Assets	26 334 000	28 862 000	31 172 000	34 275 000
Total Equity	−21 827 000	−20 234 000	−17 168 000	−12 747 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 219 000	42 750 000	42 307 000	38 015 000
Creditors	673 000	846 000	891 000	1 106 000
Unpaid Taxes	194 000	130 000	149 000	328 000
Dividends	0	0	0	0
Other Current Debt	5 045 000	4 730 000	4 700 000	6 846 000
Total Current Debt	5 942 000	6 346 000	6 033 000	9 006 000
Total Equity and Debt	26 334 000	28 862 000	31 172 000	34 275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,3 %	15,15 %	25,75 %	69,18 %
Debt-to-Equity Ratio	−1,93	−2,11	−2,46	−2,98
Operating Profit Margin	−0,43 %	−43,29 %	−80,62 %	−58,8 %
Current Ratio	0,21	0,21	0,19	0,2
Quick Ratio	0,24	0,24	0,23	0,23
Equity Ratio	−0,83	−0,7	−0,55	−0,37
Gross Profit Margin	84,77 %	92,94 %	83,25 %	85,24 %