GOLDEN CIRCLE AS

7970 KOLVEREID

Finances

Share Ownership

Return on Equity

180,12 %

Current Ratio

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 197 000	1 163 000	453 000	896 000
Net Income	870 000	163 000	−55 000	3 000
Total Assets	1 436 000	784 000	604 000	1 025 000
Total Equity	483 000	287 000	124 000	179 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 197 000	1 163 000	453 000	896 000
Expenditure	10 957 000	936 000	487 000	840 000
Operating Profit	1 241 000	226 000	−34 000	56 000
Financial Income	60 000	0	3 000	4 000
Financial Costs	185 000	17 000	40 000	55 000
Financial Balance	−125 000	−17 000	−37 000	−51 000
Earnings Before Tax	1 115 000	209 000	−71 000	6 000
Tax	245 000	46 000	−16 000	2 000
Net Income	870 000	163 000	−55 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	772 000	442 000	485 000	991 000
Total Current Assets	664 000	342 000	119 000	34 000
Total Assets	1 436 000	784 000	604 000	1 025 000
Total Retained Equity	428 000	232 000	69 000	124 000
Total Equity	483 000	287 000	124 000	179 000
Total Long-Term Debt	287 000	342 000	410 000	818 000
Total Current Debt	666 000	156 000	71 000	29 000
Total Equity and Debt	1 436 000	784 000	604 000	1 025 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 174 000	1 133 000	415 000	530 000
Other Income	23 000	30 000	38 000	366 000
Revenue	12 197 000	1 163 000	453 000	896 000
Cost of Goods Sold	3 451 000	92 000	0	0
Salary Costs	440 000	0	0	181 000
Depreciation	104 000	43 000	43 000	36 000
Impairment	0	0	0	0
Expenditure	10 957 000	936 000	487 000	840 000
Operating Profit	1 241 000	226 000	−34 000	56 000
Financial Income	60 000	0	3 000	4 000
Financial Costs	185 000	17 000	40 000	55 000
Financial Balance	−125 000	−17 000	−37 000	−51 000
Dividends	674 000	0	0	0
Net Income	870 000	163 000	−55 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	472 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	772 000	442 000	485 000	519 000
Total Tangible Assets	772 000	442 000	485 000	991 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	772 000	442 000	485 000	991 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	354 000	18 000	13 000	12 000
Total Current Assets	664 000	342 000	119 000	34 000
Total Assets	1 436 000	784 000	604 000	1 025 000
Total Equity	483 000	287 000	124 000	179 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	287 000	342 000	410 000	818 000
Creditors	410 000	115 000	−89 000	−17 000
Unpaid Taxes	−31 000	−4 000	48 000	34 000
Dividends	674 000	0	0	0
Other Current Debt	45 000	0	112 000	12 000
Total Current Debt	666 000	156 000	71 000	29 000
Total Equity and Debt	1 436 000	784 000	604 000	1 025 000

Financial indicators	2022	2021	2020	2019
Return on Equity	180,12 %	56,79 %	−44,35 %	1,68 %
Debt-to-Equity Ratio	0,59	1,19	3,31	4,57
Operating Profit Margin	10,17 %	19,43 %	−7,51 %	6,25 %
Current Ratio	1	2,19	1,68	1,17
Quick Ratio	1	2,19	1,68	1,17
Equity Ratio	0,34	0,37	0,21	0,17
Gross Profit Margin	71,71 %	92,09 %	100 %	100 %