GULLBARN AS

3030 DRAMMEN

Finances

Return on Equity

−7,42 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	514 000	319 000	469 000	367 000
Net Income	−19 000	5 000	105 000	2 000
Total Assets	659 000	634 000	555 000	534 000
Total Equity	256 000	274 000	269 000	164 000

Income (NOK)	2022	2021	2020	2019
Revenue	514 000	319 000	469 000	367 000
Expenditure	538 000	313 000	335 000	364 000
Operating Profit	−23 000	7 000	135 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−24 000	7 000	135 000	2 000
Tax	−5 000	1 000	30 000	0
Net Income	−19 000	5 000	105 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	105 000	100 000	0	1 000
Total Current Assets	555 000	534 000	555 000	534 000
Total Assets	659 000	634 000	555 000	534 000
Total Retained Equity	156 000	174 000	169 000	64 000
Total Equity	256 000	274 000	269 000	164 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	404 000	360 000	285 000	370 000
Total Equity and Debt	659 000	634 000	555 000	534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	514 000	319 000	469 000	384 000
Other Income	0	0	0	−17 000
Revenue	514 000	319 000	469 000	367 000
Cost of Goods Sold	100 000	205 000	176 000	170 000
Salary Costs	255 000	3 000	5 000	3 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	538 000	313 000	335 000	364 000
Operating Profit	−23 000	7 000	135 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−19 000	5 000	105 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	0	0	1 000
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	100 000	100 000	0	0
Total Fixed Assets	105 000	100 000	0	1 000
Stock	480 000	494 000	410 000	442 000
Total Investments	0	0	0	0
Cash, Bank	38 000	34 000	41 000	77 000
Total Current Assets	555 000	534 000	555 000	534 000
Total Assets	659 000	634 000	555 000	534 000
Total Equity	256 000	274 000	269 000	164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 000	24 000	51 000	51 000
Unpaid Taxes	42 000	6 000	5 000	3 000
Dividends	0	0	0	0
Other Current Debt	340 000	329 000	200 000	315 000
Total Current Debt	404 000	360 000	285 000	370 000
Total Equity and Debt	659 000	634 000	555 000	534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,42 %	1,82 %	39,03 %	1,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,47 %	2,19 %	28,78 %	0,54 %
Current Ratio	1,37	1,48	1,95	1,44
Quick Ratio	−7,3	−3,99	−4,44	−7,42
Equity Ratio	0,39	0,43	0,48	0,31
Gross Profit Margin	80,54 %	35,74 %	62,47 %	53,68 %