GULLFUNN AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

63,88 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	336 457 000	289 439 000	271 450 000	253 394 000
Net Income	20 404 000	18 050 000	18 381 000	12 545 000
Total Assets	146 667 000	151 288 000	171 998 000	151 233 000
Total Equity	31 940 000	34 026 000	34 400 000	28 821 000

Income (NOK)	2022	2021	2020	2019
Revenue	336 457 000	289 439 000	271 450 000	253 394 000
Expenditure	306 790 000	262 631 000	245 228 000	236 350 000
Operating Profit	29 668 000	26 808 000	26 221 000	17 045 000
Financial Income	124 000	114 000	74 000	47 000
Financial Costs	3 350 000	3 526 000	2 488 000	2 254 000
Financial Balance	−3 226 000	−3 412 000	−2 414 000	−2 207 000
Earnings Before Tax	26 443 000	23 396 000	23 807 000	14 838 000
Tax	6 039 000	5 346 000	5 426 000	2 294 000
Net Income	20 404 000	18 050 000	18 381 000	12 545 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 140 000	27 738 000	19 682 000	17 886 000
Total Current Assets	115 528 000	123 550 000	152 316 000	133 347 000
Total Assets	146 667 000	151 288 000	171 998 000	151 233 000
Total Retained Equity	0	0	0	29 000
Total Equity	31 940 000	34 026 000	34 400 000	28 821 000
Total Long-Term Debt	8 061 000	19 332 000	67 574 000	51 729 000
Total Current Debt	106 667 000	97 930 000	70 024 000	70 683 000
Total Equity and Debt	146 667 000	151 288 000	171 998 000	151 233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	332 899 000	286 514 000	267 047 000	251 102 000
Other Income	3 558 000	2 924 000	4 402 000	2 293 000
Revenue	336 457 000	289 439 000	271 450 000	253 394 000
Cost of Goods Sold	151 095 000	129 430 000	120 616 000	111 545 000
Salary Costs	71 708 000	61 238 000	59 933 000	65 374 000
Depreciation	9 553 000	6 561 000	5 453 000	4 044 000
Impairment	0	0	0	87 000
Expenditure	306 790 000	262 631 000	245 228 000	236 350 000
Operating Profit	29 668 000	26 808 000	26 221 000	17 045 000
Financial Income	124 000	114 000	74 000	47 000
Financial Costs	3 350 000	3 526 000	2 488 000	2 254 000
Financial Balance	−3 226 000	−3 412 000	−2 414 000	−2 207 000
Dividends	0	0	0	0
Net Income	20 404 000	18 050 000	18 381 000	12 545 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 867 000	3 750 000	550 000	733 000
Total Intangible Assets	7 894 000	6 737 000	4 099 000	2 992 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 245 000	21 001 000	15 583 000	14 893 000
Total Tangible Assets	23 245 000	21 001 000	15 583 000	14 893 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 140 000	27 738 000	19 682 000	17 886 000
Stock	101 214 000	94 277 000	81 190 000	76 803 000
Total Investments	0	0	0	0
Cash, Bank	6 045 000	7 291 000	6 293 000	5 301 000
Total Current Assets	115 528 000	123 550 000	152 316 000	133 347 000
Total Assets	146 667 000	151 288 000	171 998 000	151 233 000
Total Equity	31 940 000	34 026 000	34 400 000	28 821 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 061 000	19 332 000	67 574 000	51 729 000
Creditors	14 082 000	20 071 000	17 494 000	12 997 000
Unpaid Taxes	24 590 000	39 776 000	20 244 000	21 562 000
Dividends	0	0	0	0
Other Current Debt	67 995 000	38 083 000	32 285 000	36 124 000
Total Current Debt	106 667 000	97 930 000	70 024 000	70 683 000
Total Equity and Debt	146 667 000	151 288 000	171 998 000	151 233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,88 %	53,05 %	53,43 %	43,53 %
Debt-to-Equity Ratio	0,25	0,57	1,96	1,79
Operating Profit Margin	8,82 %	9,26 %	9,66 %	6,73 %
Current Ratio	1,08	1,26	2,18	1,89
Quick Ratio	21,19	33,82	−13,64	−21,79
Equity Ratio	0,22	0,22	0,2	0,19
Gross Profit Margin	55,09 %	55,28 %	55,57 %	55,98 %