GULVR AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

−166,11 %

Current Ratio

0,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 307 000	9 909 000	8 038 000	7 052 000
Net Income	−299 000	409 000	496 000	17 000
Total Assets	2 146 000	2 129 000	2 583 000	1 821 000
Total Equity	180 000	479 000	240 000	68 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 307 000	9 909 000	8 038 000	7 052 000
Expenditure	8 638 000	9 426 000	7 451 000	6 951 000
Operating Profit	−331 000	483 000	588 000	100 000
Financial Income	1 000	81 000	97 000	16 000
Financial Costs	52 000	63 000	48 000	90 000
Financial Balance	−51 000	18 000	49 000	−74 000
Earnings Before Tax	−383 000	502 000	637 000	27 000
Tax	−84 000	93 000	141 000	10 000
Net Income	−299 000	409 000	496 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	304 000	252 000	53 000	72 000
Total Current Assets	1 842 000	1 878 000	2 530 000	1 749 000
Total Assets	2 146 000	2 129 000	2 583 000	1 821 000
Total Retained Equity	120 000	419 000	210 000	38 000
Total Equity	180 000	479 000	240 000	68 000
Total Long-Term Debt	0	0	2 000	4 000
Total Current Debt	1 966 000	1 651 000	2 341 000	1 749 000
Total Equity and Debt	2 146 000	2 129 000	2 583 000	1 821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 217 000	9 909 000	7 949 000	7 031 000
Other Income	90 000	0	90 000	20 000
Revenue	8 307 000	9 909 000	8 038 000	7 052 000
Cost of Goods Sold	6 897 000	7 850 000	6 205 000	5 536 000
Salary Costs	958 000	926 000	671 000	727 000
Depreciation	31 000	17 000	19 000	26 000
Impairment	0	0	0	0
Expenditure	8 638 000	9 426 000	7 451 000	6 951 000
Operating Profit	−331 000	483 000	588 000	100 000
Financial Income	1 000	81 000	97 000	16 000
Financial Costs	52 000	63 000	48 000	90 000
Financial Balance	−51 000	18 000	49 000	−74 000
Dividends	0	200 000	0	0
Net Income	−299 000	409 000	496 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	94 000	10 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	211 000	242 000	23 000	42 000
Total Tangible Assets	211 000	242 000	23 000	42 000
Total Fiancial Fixed Assets	0	0	30 000	30 000
Total Fixed Assets	304 000	252 000	53 000	72 000
Stock	792 000	733 000	1 240 000	533 000
Total Investments	0	0	0	0
Cash, Bank	117 000	307 000	43 000	23 000
Total Current Assets	1 842 000	1 878 000	2 530 000	1 749 000
Total Assets	2 146 000	2 129 000	2 583 000	1 821 000
Total Equity	180 000	479 000	240 000	68 000
Short-Term Group Debt	0	0	50 000	50 000
Total Long-Term Debt	0	0	2 000	4 000
Creditors	331 000	171 000	571 000	127 000
Unpaid Taxes	303 000	326 000	296 000	221 000
Dividends	0	200 000	0	0
Other Current Debt	1 000 000	849 000	1 007 000	765 000
Total Current Debt	1 966 000	1 651 000	2 341 000	1 749 000
Total Equity and Debt	2 146 000	2 129 000	2 583 000	1 821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−166,11 %	85,39 %	206,67 %	25 %
Debt-to-Equity Ratio	0	0	0,01	0,06
Operating Profit Margin	−3,98 %	4,87 %	7,32 %	1,42 %
Current Ratio	0,94	1,14	1,08	1
Quick Ratio	1,57	2,05	2,3	1,44
Equity Ratio	0,08	0,22	0,09	0,04
Gross Profit Margin	16,97 %	20,78 %	22,8 %	21,5 %