Gullsmed Harry Ulsteen AS

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

8,02 %

Current Ratio

4,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 140 000	3 679 000	3 925 000	3 643 000
Net Income	334 000	675 000	457 000	229 000
Total Assets	5 220 000	4 878 000	4 376 000	3 817 000
Total Equity	4 165 000	3 832 000	3 156 000	2 700 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 140 000	3 679 000	3 925 000	3 643 000
Expenditure	3 705 000	2 803 000	3 333 000	3 339 000
Operating Profit	435 000	876 000	592 000	304 000
Financial Income	0	0	0	0
Financial Costs	7 000	11 000	7 000	11 000
Financial Balance	−7 000	−11 000	−7 000	−11 000
Earnings Before Tax	428 000	866 000	585 000	294 000
Tax	94 000	190 000	129 000	65 000
Net Income	334 000	675 000	457 000	229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	5 220 000	4 878 000	4 376 000	3 817 000
Total Assets	5 220 000	4 878 000	4 376 000	3 817 000
Total Retained Equity	4 065 000	3 732 000	3 056 000	2 600 000
Total Equity	4 165 000	3 832 000	3 156 000	2 700 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 055 000	1 047 000	1 219 000	1 117 000
Total Equity and Debt	5 220 000	4 878 000	4 376 000	3 817 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 137 000	3 679 000	3 911 000	3 643 000
Other Income	2 000	0	13 000	0
Revenue	4 140 000	3 679 000	3 925 000	3 643 000
Cost of Goods Sold	2 171 000	1 794 000	2 053 000	2 004 000
Salary Costs	1 155 000	636 000	992 000	1 002 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 705 000	2 803 000	3 333 000	3 339 000
Operating Profit	435 000	876 000	592 000	304 000
Financial Income	0	0	0	0
Financial Costs	7 000	11 000	7 000	11 000
Financial Balance	−7 000	−11 000	−7 000	−11 000
Dividends	0	0	0	0
Net Income	334 000	675 000	457 000	229 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	3 721 000	3 552 000	3 099 000	2 632 000
Total Investments	0	0	0	0
Cash, Bank	1 482 000	1 305 000	1 258 000	1 154 000
Total Current Assets	5 220 000	4 878 000	4 376 000	3 817 000
Total Assets	5 220 000	4 878 000	4 376 000	3 817 000
Total Equity	4 165 000	3 832 000	3 156 000	2 700 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	125 000	205 000	103 000	174 000
Unpaid Taxes	235 000	160 000	188 000	215 000
Dividends	0	0	0	0
Other Current Debt	601 000	491 000	800 000	663 000
Total Current Debt	1 055 000	1 047 000	1 219 000	1 117 000
Total Equity and Debt	5 220 000	4 878 000	4 376 000	3 817 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,02 %	17,61 %	14,48 %	8,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,51 %	23,81 %	15,08 %	8,34 %
Current Ratio	4,95	4,66	3,59	3,42
Quick Ratio	−1,96	−1,95	−2,33	−2,52
Equity Ratio	0,8	0,79	0,72	0,71
Gross Profit Margin	47,56 %	51,24 %	47,69 %	44,99 %