GULSRUD REISER AS

3120 NØTTERØY

Finances

Share Ownership

Return on Equity

1 020 %

Current Ratio

1,36

Debt-to-Equity Ratio

5,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 820 000	164 000	1 189 000	3 047 000
Net Income	306 000	208 000	107 000	−141 000
Total Assets	732 000	1 032 000	1 044 000	1 643 000
Total Equity	30 000	30 000	−3 000	−111 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 820 000	164 000	1 189 000	3 047 000
Expenditure	2 415 000	−107 000	1 071 000	3 178 000
Operating Profit	404 000	271 000	118 000	−131 000
Financial Income	0	0	0	1 000
Financial Costs	13 000	14 000	11 000	10 000
Financial Balance	−13 000	−14 000	−11 000	−9 000
Earnings Before Tax	392 000	257 000	107 000	−141 000
Tax	86 000	49 000	0	0
Net Income	306 000	208 000	107 000	−141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	732 000	1 032 000	1 044 000	1 643 000
Total Assets	732 000	1 032 000	1 044 000	1 643 000
Total Retained Equity	0	0	−33 000	−141 000
Total Equity	30 000	30 000	−3 000	−111 000
Total Long-Term Debt	163 000	207 000	654 000	0
Total Current Debt	539 000	795 000	394 000	1 753 000
Total Equity and Debt	732 000	1 032 000	1 044 000	1 643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 820 000	−40 000	535 000	3 047 000
Other Income	0	204 000	654 000	0
Revenue	2 820 000	164 000	1 189 000	3 047 000
Cost of Goods Sold	2 219 000	−250 000	884 000	2 763 000
Salary Costs	153 000	36 000	3 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 415 000	−107 000	1 071 000	3 178 000
Operating Profit	404 000	271 000	118 000	−131 000
Financial Income	0	0	0	1 000
Financial Costs	13 000	14 000	11 000	10 000
Financial Balance	−13 000	−14 000	−11 000	−9 000
Dividends	0	0	0	0
Net Income	306 000	208 000	107 000	−141 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	718 000	751 000	579 000	707 000
Total Current Assets	732 000	1 032 000	1 044 000	1 643 000
Total Assets	732 000	1 032 000	1 044 000	1 643 000
Total Equity	30 000	30 000	−3 000	−111 000
Short-Term Group Debt	392 000	0	0	0
Total Long-Term Debt	163 000	207 000	654 000	0
Creditors	54 000	0	−22 000	94 000
Unpaid Taxes	79 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	14 000	795 000	416 000	1 660 000
Total Current Debt	539 000	795 000	394 000	1 753 000
Total Equity and Debt	732 000	1 032 000	1 044 000	1 643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 020 %	693,33 %	−3 566,67 %	127,03 %
Debt-to-Equity Ratio	5,43	6,9	−218	−0
Operating Profit Margin	14,33 %	165,24 %	9,92 %	−4,3 %
Current Ratio	1,36	1,3	2,65	0,94
Quick Ratio	1,36	1,3	2,65	0,94
Equity Ratio	0,04	0,03	−0	−0,07
Gross Profit Margin	21,31 %	252,44 %	25,65 %	9,32 %