GULV- & MALERSERVICE FOSEN AS

7160 BJUGN

Finances

Share Ownership

Return on Equity

7,72 %

Current Ratio

2,49

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 232 000	11 892 000	12 019 000	10 732 000
Net Income	249 000	814 000	1 026 000	1 012 000
Total Assets	4 671 000	4 821 000	3 972 000	3 772 000
Total Equity	3 225 000	2 976 000	2 162 000	1 335 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 232 000	11 892 000	12 019 000	10 732 000
Expenditure	8 925 000	10 858 000	10 715 000	9 431 000
Operating Profit	307 000	1 033 000	1 305 000	1 301 000
Financial Income	14 000	11 000	11 000	3 000
Financial Costs	1 000	0	1 000	6 000
Financial Balance	13 000	11 000	10 000	−3 000
Earnings Before Tax	321 000	1 044 000	1 316 000	1 298 000
Tax	72 000	230 000	289 000	286 000
Net Income	249 000	814 000	1 026 000	1 012 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 733 000	240 000	327 000	369 000
Total Current Assets	2 938 000	4 581 000	3 645 000	3 403 000
Total Assets	4 671 000	4 821 000	3 972 000	3 772 000
Total Retained Equity	3 195 000	2 946 000	2 132 000	1 305 000
Total Equity	3 225 000	2 976 000	2 162 000	1 335 000
Total Long-Term Debt	264 000	243 000	84 000	142 000
Total Current Debt	1 182 000	1 603 000	1 727 000	2 295 000
Total Equity and Debt	4 671 000	4 821 000	3 972 000	3 772 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 229 000	11 892 000	12 019 000	10 730 000
Other Income	3 000	0	0	2 000
Revenue	9 232 000	11 892 000	12 019 000	10 732 000
Cost of Goods Sold	2 985 000	4 582 000	4 572 000	4 024 000
Salary Costs	4 850 000	5 364 000	5 250 000	4 454 000
Depreciation	108 000	108 000	101 000	93 000
Impairment	0	0	0	0
Expenditure	8 925 000	10 858 000	10 715 000	9 431 000
Operating Profit	307 000	1 033 000	1 305 000	1 301 000
Financial Income	14 000	11 000	11 000	3 000
Financial Costs	1 000	0	1 000	6 000
Financial Balance	13 000	11 000	10 000	−3 000
Dividends	0	0	0	600 000
Net Income	249 000	814 000	1 026 000	1 012 000

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	233 000	240 000	327 000	369 000
Total Tangible Assets	233 000	240 000	327 000	369 000
Total Fiancial Fixed Assets	1 500 000	0	0	0
Total Fixed Assets	1 733 000	240 000	327 000	369 000
Stock	157 000	110 000	93 000	108 000
Total Investments	0	0	0	0
Cash, Bank	1 401 000	1 384 000	2 001 000	1 178 000
Total Current Assets	2 938 000	4 581 000	3 645 000	3 403 000
Total Assets	4 671 000	4 821 000	3 972 000	3 772 000
Total Equity	3 225 000	2 976 000	2 162 000	1 335 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	264 000	243 000	84 000	142 000
Creditors	193 000	124 000	164 000	295 000
Unpaid Taxes	458 000	872 000	707 000	786 000
Dividends	0	0	0	600 000
Other Current Debt	481 000	535 000	509 000	447 000
Total Current Debt	1 182 000	1 603 000	1 727 000	2 295 000
Total Equity and Debt	4 671 000	4 821 000	3 972 000	3 772 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,72 %	27,35 %	47,46 %	75,81 %
Debt-to-Equity Ratio	0,08	0,08	0,04	0,11
Operating Profit Margin	3,33 %	8,69 %	10,86 %	12,12 %
Current Ratio	2,49	2,86	2,11	1,48
Quick Ratio	2,87	3,07	2,23	1,56
Equity Ratio	0,69	0,62	0,54	0,35
Gross Profit Margin	67,67 %	61,47 %	61,96 %	62,5 %