GULLHAUG UTBYGGING AS

3089 HOLMESTRAND

Finances

Share Ownership

Return on Equity

50 %

Current Ratio

0,03

Debt-to-Equity Ratio

22,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	356 000	249 000	143 000	0
Net Income	50 000	20 000	−62 000	−37 000
Total Assets	4 257 000	4 286 000	4 384 000	1 119 000
Total Equity	100 000	50 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	356 000	249 000	143 000	0
Expenditure	141 000	88 000	84 000	19 000
Operating Profit	214 000	161 000	59 000	−19 000
Financial Income	1 000	1 000	0	0
Financial Costs	152 000	137 000	139 000	57 000
Financial Balance	−151 000	−136 000	−139 000	−57 000
Earnings Before Tax	64 000	26 000	−80 000	−76 000
Tax	14 000	6 000	−18 000	−39 000
Net Income	50 000	20 000	−62 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 205 000	4 205 000	4 205 000	924 000
Total Current Assets	52 000	81 000	179 000	196 000
Total Assets	4 257 000	4 286 000	4 384 000	1 119 000
Total Retained Equity	80 000	30 000	10 000	10 000
Total Equity	100 000	50 000	30 000	30 000
Total Long-Term Debt	2 220 000	2 220 000	2 220 000	720 000
Total Current Debt	1 937 000	2 016 000	2 134 000	369 000
Total Equity and Debt	4 257 000	4 286 000	4 384 000	1 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	356 000	249 000	143 000	0
Revenue	356 000	249 000	143 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	141 000	88 000	84 000	19 000
Operating Profit	214 000	161 000	59 000	−19 000
Financial Income	1 000	1 000	0	0
Financial Costs	152 000	137 000	139 000	57 000
Financial Balance	−151 000	−136 000	−139 000	−57 000
Dividends	0	0	0	0
Net Income	50 000	20 000	−62 000	−37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 205 000	4 205 000	4 205 000	924 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 205 000	4 205 000	4 205 000	924 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 205 000	4 205 000	4 205 000	924 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	68 000	87 000	19 000
Total Current Assets	52 000	81 000	179 000	196 000
Total Assets	4 257 000	4 286 000	4 384 000	1 119 000
Total Equity	100 000	50 000	30 000	30 000
Short-Term Group Debt	1 824 000	1 912 000	2 062 000	362 000
Total Long-Term Debt	2 220 000	2 220 000	2 220 000	720 000
Creditors	13 000	13 000	14 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	85 000	86 000	58 000	4 000
Total Current Debt	1 937 000	2 016 000	2 134 000	369 000
Total Equity and Debt	4 257 000	4 286 000	4 384 000	1 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50 %	40 %	−206,67 %	−123,33 %
Debt-to-Equity Ratio	22,2	44,4	74	24
Operating Profit Margin	60,11 %	64,66 %	41,26 %	-
Current Ratio	0,03	0,04	0,08	0,53
Quick Ratio	0,03	0,04	0,08	0,53
Equity Ratio	0,02	0,01	0,01	0,03
Gross Profit Margin	100 %	100 %	100 %	-