GULLSAKSEN AS

3210 SANDEFJORD

Finances

Share Ownership

Return on Equity

181,82 %

Current Ratio

1,69

Debt-to-Equity Ratio

2,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	882 000	793 000	751 000	801 000
Net Income	60 000	−4 000	71 000	−8 000
Total Assets	274 000	174 000	212 000	143 000
Total Equity	33 000	−27 000	−23 000	−94 000

Income (NOK)	2022	2021	2020	2019
Revenue	882 000	793 000	751 000	801 000
Expenditure	804 000	792 000	656 000	823 000
Operating Profit	78 000	1 000	82 000	0
Financial Income	0	0	0	0
Financial Costs	0	3 000	11 000	8 000
Financial Balance	0	−3 000	−11 000	−8 000
Earnings Before Tax	78 000	−2 000	71 000	−8 000
Tax	18 000	2 000	0	0
Net Income	60 000	−4 000	71 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	8 000	22 000	28 000
Total Current Assets	274 000	166 000	189 000	115 000
Total Assets	274 000	174 000	212 000	143 000
Total Retained Equity	3 000	−57 000	−53 000	−124 000
Total Equity	33 000	−27 000	−23 000	−94 000
Total Long-Term Debt	79 000	81 000	125 000	125 000
Total Current Debt	162 000	120 000	110 000	112 000
Total Equity and Debt	274 000	174 000	212 000	143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	855 000	738 000	717 000	772 000
Other Income	27 000	54 000	35 000	30 000
Revenue	882 000	793 000	751 000	801 000
Cost of Goods Sold	114 000	91 000	127 000	101 000
Salary Costs	455 000	463 000	312 000	498 000
Depreciation	8 000	14 000	6 000	7 000
Impairment	0	0	0	0
Expenditure	804 000	792 000	656 000	823 000
Operating Profit	78 000	1 000	82 000	0
Financial Income	0	0	0	0
Financial Costs	0	3 000	11 000	8 000
Financial Balance	0	−3 000	−11 000	−8 000
Dividends	0	0	0	0
Net Income	60 000	−4 000	71 000	−8 000

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	0	8 000	22 000	28 000
Total Tangible Assets	0	8 000	22 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	8 000	22 000	28 000
Stock	47 000	27 000	45 000	59 000
Total Investments	0	0	0	0
Cash, Bank	211 000	139 000	142 000	77 000
Total Current Assets	274 000	166 000	189 000	115 000
Total Assets	274 000	174 000	212 000	143 000
Total Equity	33 000	−27 000	−23 000	−94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	79 000	81 000	125 000	125 000
Creditors	26 000	16 000	25 000	0
Unpaid Taxes	66 000	50 000	45 000	54 000
Dividends	0	0	0	0
Other Current Debt	52 000	52 000	40 000	58 000
Total Current Debt	162 000	120 000	110 000	112 000
Total Equity and Debt	274 000	174 000	212 000	143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	181,82 %	14,81 %	−308,7 %	8,51 %
Debt-to-Equity Ratio	2,39	−3	−5,43	−1,33
Operating Profit Margin	8,84 %	0,13 %	10,92 %	0 %
Current Ratio	1,69	1,38	1,72	1,03
Quick Ratio	2,38	1,78	2,91	2,17
Equity Ratio	0,12	−0,16	−0,11	−0,66
Gross Profit Margin	87,07 %	88,52 %	83,09 %	87,39 %