THE BREWERY GULSKOGEN AS

3048 DRAMMEN

Finances

Share Ownership

Return on Equity

12,28 %

Current Ratio

1,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 730 000	4 709 000	4 801 000	3 985 000
Net Income	62 000	245 000	539 000	285 000
Total Assets	1 524 000	2 378 000	1 966 000	1 327 000
Total Equity	505 000	496 000	492 000	−46 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 730 000	4 709 000	4 801 000	3 985 000
Expenditure	3 664 000	4 408 000	4 264 000	3 671 000
Operating Profit	65 000	301 000	538 000	313 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	0	0	29 000
Financial Balance	−1 000	0	1 000	−28 000
Earnings Before Tax	64 000	301 000	539 000	285 000
Tax	3 000	56 000	0	0
Net Income	62 000	245 000	539 000	285 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	14 000	39 000	74 000
Total Current Assets	1 512 000	2 363 000	1 927 000	1 253 000
Total Assets	1 524 000	2 378 000	1 966 000	1 327 000
Total Retained Equity	475 000	466 000	462 000	−76 000
Total Equity	505 000	496 000	492 000	−46 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 019 000	1 881 000	1 474 000	1 373 000
Total Equity and Debt	1 524 000	2 378 000	1 966 000	1 327 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 658 000	4 678 000	4 693 000	3 670 000
Other Income	72 000	31 000	108 000	315 000
Revenue	3 730 000	4 709 000	4 801 000	3 985 000
Cost of Goods Sold	2 552 000	3 157 000	3 067 000	2 259 000
Salary Costs	348 000	359 000	322 000	572 000
Depreciation	0	38 000	35 000	107 000
Impairment	0	0	0	0
Expenditure	3 664 000	4 408 000	4 264 000	3 671 000
Operating Profit	65 000	301 000	538 000	313 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	0	0	29 000
Financial Balance	−1 000	0	1 000	−28 000
Dividends	0	0	0	0
Net Income	62 000	245 000	539 000	285 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	13 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	38 000	72 000
Total Tangible Assets	0	0	38 000	72 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	12 000	14 000	39 000	74 000
Stock	142 000	142 000	174 000	94 000
Total Investments	0	0	0	0
Cash, Bank	1 360 000	2 199 000	1 714 000	1 152 000
Total Current Assets	1 512 000	2 363 000	1 927 000	1 253 000
Total Assets	1 524 000	2 378 000	1 966 000	1 327 000
Total Equity	505 000	496 000	492 000	−46 000
Short-Term Group Debt	578 000	1 225 000	916 000	916 000
Total Long-Term Debt	0	0	0	0
Creditors	214 000	309 000	246 000	159 000
Unpaid Taxes	166 000	255 000	231 000	241 000
Dividends	0	0	0	0
Other Current Debt	60 000	92 000	81 000	58 000
Total Current Debt	1 019 000	1 881 000	1 474 000	1 373 000
Total Equity and Debt	1 524 000	2 378 000	1 966 000	1 327 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,28 %	49,4 %	109,55 %	−619,57 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	1,74 %	6,39 %	11,21 %	7,85 %
Current Ratio	1,48	1,26	1,31	0,91
Quick Ratio	1,72	1,36	1,48	0,98
Equity Ratio	0,33	0,21	0,25	−0,03
Gross Profit Margin	31,58 %	32,96 %	36,12 %	43,31 %