GULLSMED AAS AS

7071 TRONDHEIM

Finances

Share Ownership

Return on Equity

8,02 %

Current Ratio

2,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 207 000	2 175 000	2 278 000	2 022 000
Net Income	95 000	243 000	133 000	−70 000
Total Assets	1 782 000	1 616 000	1 164 000	1 241 000
Total Equity	1 185 000	1 090 000	847 000	713 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 207 000	2 175 000	2 278 000	2 022 000
Expenditure	2 083 000	1 862 000	2 097 000	2 114 000
Operating Profit	123 000	313 000	180 000	−91 000
Financial Income	0	0	2 000	7 000
Financial Costs	1 000	1 000	11 000	5 000
Financial Balance	−1 000	−1 000	−9 000	2 000
Earnings Before Tax	122 000	311 000	172 000	−89 000
Tax	27 000	69 000	38 000	−20 000
Net Income	95 000	243 000	133 000	−70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	30 000	40 000	124 000
Total Current Assets	1 762 000	1 586 000	1 124 000	1 117 000
Total Assets	1 782 000	1 616 000	1 164 000	1 241 000
Total Retained Equity	1 027 000	931 000	689 000	555 000
Total Equity	1 185 000	1 090 000	847 000	713 000
Total Long-Term Debt	0	18 000	17 000	14 000
Total Current Debt	597 000	509 000	300 000	513 000
Total Equity and Debt	1 782 000	1 616 000	1 164 000	1 241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 207 000	2 175 000	2 278 000	2 022 000
Other Income	0	0	0	0
Revenue	2 207 000	2 175 000	2 278 000	2 022 000
Cost of Goods Sold	1 187 000	950 000	1 086 000	1 111 000
Salary Costs	374 000	337 000	341 000	379 000
Depreciation	8 000	8 000	69 000	63 000
Impairment	0	0	0	0
Expenditure	2 083 000	1 862 000	2 097 000	2 114 000
Operating Profit	123 000	313 000	180 000	−91 000
Financial Income	0	0	2 000	7 000
Financial Costs	1 000	1 000	11 000	5 000
Financial Balance	−1 000	−1 000	−9 000	2 000
Dividends	0	0	0	0
Net Income	95 000	243 000	133 000	−70 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	28 000
Total Intangible Assets	5 000	7 000	9 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	24 000	32 000	73 000
Total Tangible Assets	15 000	24 000	32 000	73 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	30 000	40 000	124 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 667 000	1 503 000	1 031 000	856 000
Total Current Assets	1 762 000	1 586 000	1 124 000	1 117 000
Total Assets	1 782 000	1 616 000	1 164 000	1 241 000
Total Equity	1 185 000	1 090 000	847 000	713 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	18 000	17 000	14 000
Creditors	309 000	290 000	188 000	135 000
Unpaid Taxes	104 000	118 000	57 000	76 000
Dividends	0	0	0	0
Other Current Debt	160 000	34 000	32 000	303 000
Total Current Debt	597 000	509 000	300 000	513 000
Total Equity and Debt	1 782 000	1 616 000	1 164 000	1 241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,02 %	22,29 %	15,7 %	−9,82 %
Debt-to-Equity Ratio	0	0,02	0,02	0,02
Operating Profit Margin	5,57 %	14,39 %	7,9 %	−4,5 %
Current Ratio	2,95	3,12	3,75	2,18
Quick Ratio	2,95	3,12	3,75	2,18
Equity Ratio	0,66	0,67	0,73	0,57
Gross Profit Margin	46,22 %	56,32 %	52,33 %	45,05 %