M. GULE AS

6530 AVERØY

Finances

Share Ownership

Return on Equity

26,74 %

Current Ratio

0,92

Debt-to-Equity Ratio

7,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 243 000	5 043 000	3 847 000	4 528 000
Net Income	519 000	−23 000	−120 000	1 016 000
Total Assets	18 654 000	20 430 000	21 644 000	13 487 000
Total Equity	1 941 000	1 122 000	1 146 000	1 266 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 243 000	5 043 000	3 847 000	4 528 000
Expenditure	5 768 000	4 328 000	3 417 000	3 058 000
Operating Profit	1 473 000	716 000	430 000	1 470 000
Financial Income	16 000	19 000	10 000	13 000
Financial Costs	824 000	765 000	594 000	171 000
Financial Balance	−808 000	−746 000	−584 000	−158 000
Earnings Before Tax	665 000	−30 000	−153 000	1 312 000
Tax	146 000	−7 000	−34 000	296 000
Net Income	519 000	−23 000	−120 000	1 016 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 357 000	19 805 000	21 088 000	11 722 000
Total Current Assets	1 297 000	625 000	556 000	1 764 000
Total Assets	18 654 000	20 430 000	21 644 000	13 487 000
Total Retained Equity	1 551 000	1 032 000	1 056 000	1 176 000
Total Equity	1 941 000	1 122 000	1 146 000	1 266 000
Total Long-Term Debt	15 302 000	17 648 000	19 282 000	10 774 000
Total Current Debt	1 410 000	1 659 000	1 216 000	1 447 000
Total Equity and Debt	18 654 000	20 430 000	21 644 000	13 487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 513 000	4 923 000	3 759 000	4 528 000
Other Income	729 000	120 000	88 000	0
Revenue	7 243 000	5 043 000	3 847 000	4 528 000
Cost of Goods Sold	22 000	0	0	8 000
Salary Costs	3 007 000	2 049 000	1 412 000	1 551 000
Depreciation	800 000	840 000	456 000	345 000
Impairment	0	0	0	0
Expenditure	5 768 000	4 328 000	3 417 000	3 058 000
Operating Profit	1 473 000	716 000	430 000	1 470 000
Financial Income	16 000	19 000	10 000	13 000
Financial Costs	824 000	765 000	594 000	171 000
Financial Balance	−808 000	−746 000	−584 000	−158 000
Dividends	0	0	0	0
Net Income	519 000	−23 000	−120 000	1 016 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 950 000	6 950 000	8 500 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 654 000	2 711 000	1 980 000	879 000
Total Tangible Assets	10 407 000	12 837 000	12 538 000	11 625 000
Total Fiancial Fixed Assets	0	17 000	51 000	98 000
Total Fixed Assets	17 357 000	19 805 000	21 088 000	11 722 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	788 000	464 000	2 000	1 690 000
Total Current Assets	1 297 000	625 000	556 000	1 764 000
Total Assets	18 654 000	20 430 000	21 644 000	13 487 000
Total Equity	1 941 000	1 122 000	1 146 000	1 266 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 302 000	17 648 000	19 282 000	10 774 000
Creditors	420 000	289 000	124 000	826 000
Unpaid Taxes	749 000	303 000	87 000	395 000
Dividends	0	0	0	0
Other Current Debt	241 000	1 067 000	763 000	226 000
Total Current Debt	1 410 000	1 659 000	1 216 000	1 447 000
Total Equity and Debt	18 654 000	20 430 000	21 644 000	13 487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,74 %	−2,05 %	−10,47 %	80,25 %
Debt-to-Equity Ratio	7,88	15,73	16,83	8,51
Operating Profit Margin	20,34 %	14,2 %	11,18 %	32,46 %
Current Ratio	0,92	0,38	0,46	1,22
Quick Ratio	0,92	0,38	0,46	1,22
Equity Ratio	0,1	0,05	0,05	0,09
Gross Profit Margin	99,7 %	100 %	100 %	99,82 %