GULLBORGEN AS

0184 OSLO

Finances

Share Ownership

Return on Equity

11,4 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 612 000	22 366 000	22 822 000	24 102 000
Net Income	1 643 000	1 162 000	236 000	1 115 000
Total Assets	56 849 000	56 846 000	51 426 000	48 419 000
Total Equity	14 406 000	12 763 000	11 601 000	11 365 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 612 000	22 366 000	22 822 000	24 102 000
Expenditure	24 460 000	20 317 000	21 194 000	22 019 000
Operating Profit	2 152 000	2 049 000	1 627 000	2 083 000
Financial Income	321 000	93 000	126 000	102 000
Financial Costs	365 000	649 000	1 449 000	753 000
Financial Balance	−44 000	−556 000	−1 323 000	−651 000
Earnings Before Tax	2 107 000	1 493 000	304 000	1 432 000
Tax	464 000	331 000	69 000	317 000
Net Income	1 643 000	1 162 000	236 000	1 115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 313 000	1 256 000	1 441 000	1 463 000
Total Current Assets	55 536 000	55 590 000	49 985 000	46 956 000
Total Assets	56 849 000	56 846 000	51 426 000	48 419 000
Total Retained Equity	10 567 000	8 924 000	7 762 000	7 526 000
Total Equity	14 406 000	12 763 000	11 601 000	11 365 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	42 444 000	44 083 000	39 825 000	37 053 000
Total Equity and Debt	56 849 000	56 846 000	51 426 000	48 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 392 000	21 944 000	22 100 000	23 468 000
Other Income	220 000	422 000	722 000	634 000
Revenue	26 612 000	22 366 000	22 822 000	24 102 000
Cost of Goods Sold	14 718 000	12 028 000	11 828 000	12 606 000
Salary Costs	4 409 000	3 880 000	4 212 000	4 097 000
Depreciation	85 000	193 000	220 000	392 000
Impairment	0	0	0	0
Expenditure	24 460 000	20 317 000	21 194 000	22 019 000
Operating Profit	2 152 000	2 049 000	1 627 000	2 083 000
Financial Income	321 000	93 000	126 000	102 000
Financial Costs	365 000	649 000	1 449 000	753 000
Financial Balance	−44 000	−556 000	−1 323 000	−651 000
Dividends	0	0	0	0
Net Income	1 643 000	1 162 000	236 000	1 115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	980 000	1 067 000	1 059 000	897 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	333 000	189 000	382 000	565 000
Total Tangible Assets	333 000	189 000	382 000	565 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 313 000	1 256 000	1 441 000	1 463 000
Stock	33 127 000	35 148 000	36 021 000	36 840 000
Total Investments	1 041 000	619 000	536 000	1 259 000
Cash, Bank	17 594 000	16 076 000	9 744 000	8 503 000
Total Current Assets	55 536 000	55 590 000	49 985 000	46 956 000
Total Assets	56 849 000	56 846 000	51 426 000	48 419 000
Total Equity	14 406 000	12 763 000	11 601 000	11 365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	41 051 000	41 886 000	38 350 000	35 345 000
Unpaid Taxes	637 000	1 009 000	507 000	688 000
Dividends	0	0	0	0
Other Current Debt	378 000	848 000	738 000	695 000
Total Current Debt	42 444 000	44 083 000	39 825 000	37 053 000
Total Equity and Debt	56 849 000	56 846 000	51 426 000	48 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,4 %	9,1 %	2,03 %	9,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,09 %	9,16 %	7,13 %	8,64 %
Current Ratio	1,31	1,26	1,26	1,27
Quick Ratio	5,96	6,22	13,14	220,45
Equity Ratio	0,25	0,22	0,23	0,23
Gross Profit Margin	44,69 %	46,22 %	48,17 %	47,7 %