GULBRANDSEN TECHNOLOGY AS

1252 OSLO

Finances

Share Ownership

Return on Equity

19,64 %

Current Ratio

2,28

Debt-to-Equity Ratio

1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	357 000	313 000	375 000	386 000
Net Income	11 000	−1 000	44 000	−72 000
Total Assets	201 000	159 000	165 000	130 000
Total Equity	56 000	45 000	46 000	3 000

Income (NOK)	2022	2021	2020	2019
Revenue	357 000	313 000	375 000	386 000
Expenditure	344 000	310 000	333 000	458 000
Operating Profit	14 000	3 000	43 000	−73 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	14 000	3 000	43 000	−73 000
Tax	3 000	5 000	0	0
Net Income	11 000	−1 000	44 000	−72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	25 000	34 000	44 000
Total Current Assets	185 000	135 000	131 000	87 000
Total Assets	201 000	159 000	165 000	130 000
Total Retained Equity	26 000	15 000	16 000	−27 000
Total Equity	56 000	45 000	46 000	3 000
Total Long-Term Debt	63 000	65 000	60 000	60 000
Total Current Debt	81 000	50 000	59 000	68 000
Total Equity and Debt	201 000	159 000	165 000	130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	357 000	313 000	375 000	386 000
Other Income	1 000	0	0	0
Revenue	357 000	313 000	375 000	386 000
Cost of Goods Sold	2 000	0	2 000	10 000
Salary Costs	209 000	209 000	237 000	306 000
Depreciation	10 000	10 000	10 000	4 000
Impairment	0	0	0	0
Expenditure	344 000	310 000	333 000	458 000
Operating Profit	14 000	3 000	43 000	−73 000
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	11 000	−1 000	44 000	−72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	25 000	34 000	44 000
Total Tangible Assets	15 000	25 000	34 000	44 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	25 000	34 000	44 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	136 000	98 000	73 000	43 000
Total Current Assets	185 000	135 000	131 000	87 000
Total Assets	201 000	159 000	165 000	130 000
Total Equity	56 000	45 000	46 000	3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	63 000	65 000	60 000	60 000
Creditors	9 000	1 000	1 000	1 000
Unpaid Taxes	31 000	16 000	24 000	34 000
Dividends	0	0	0	0
Other Current Debt	37 000	34 000	34 000	33 000
Total Current Debt	81 000	50 000	59 000	68 000
Total Equity and Debt	201 000	159 000	165 000	130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,64 %	−2,22 %	95,65 %	−2 400 %
Debt-to-Equity Ratio	1,13	1,44	1,3	20
Operating Profit Margin	3,92 %	0,96 %	11,47 %	−18,91 %
Current Ratio	2,28	2,7	2,22	1,28
Quick Ratio	2,28	2,7	2,22	1,28
Equity Ratio	0,28	0,28	0,28	0,02
Gross Profit Margin	99,44 %	100 %	99,47 %	97,41 %