GUNNAR FUGLSETH DRIFT OG VEDLIKEHOLD EIENDOM AS

6006 ÅLESUND

Finances

Share Ownership

Return on Equity

24,9 %

Current Ratio

2,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 683 000	4 185 000	4 190 000	3 675 000
Net Income	362 000	185 000	391 000	224 000
Total Assets	2 352 000	1 768 000	1 621 000	1 225 000
Total Equity	1 454 000	1 092 000	907 000	516 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 683 000	4 185 000	4 190 000	3 675 000
Expenditure	4 218 000	3 946 000	3 688 000	3 388 000
Operating Profit	465 000	239 000	501 000	286 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	1 000	0	0	1 000
Earnings Before Tax	466 000	239 000	502 000	287 000
Tax	104 000	54 000	111 000	63 000
Net Income	362 000	185 000	391 000	224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	228 000	297 000	234 000	88 000
Total Current Assets	2 124 000	1 471 000	1 387 000	1 138 000
Total Assets	2 352 000	1 768 000	1 621 000	1 225 000
Total Retained Equity	1 424 000	1 062 000	877 000	486 000
Total Equity	1 454 000	1 092 000	907 000	516 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	898 000	676 000	714 000	709 000
Total Equity and Debt	2 352 000	1 768 000	1 621 000	1 225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 683 000	4 185 000	4 190 000	3 669 000
Other Income	0	0	0	6 000
Revenue	4 683 000	4 185 000	4 190 000	3 675 000
Cost of Goods Sold	429 000	445 000	492 000	501 000
Salary Costs	2 928 000	2 705 000	2 503 000	2 292 000
Depreciation	49 000	62 000	44 000	17 000
Impairment	0	0	0	0
Expenditure	4 218 000	3 946 000	3 688 000	3 388 000
Operating Profit	465 000	239 000	501 000	286 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	1 000	0	0	1 000
Dividends	0	0	0	0
Net Income	362 000	185 000	391 000	224 000

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	151 000	192 000	99 000	30 000
Fixtures	23 000	30 000	40 000	24 000
Total Tangible Assets	173 000	222 000	139 000	55 000
Total Fiancial Fixed Assets	55 000	75 000	95 000	33 000
Total Fixed Assets	228 000	297 000	234 000	88 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 473 000	940 000	878 000	714 000
Total Current Assets	2 124 000	1 471 000	1 387 000	1 138 000
Total Assets	2 352 000	1 768 000	1 621 000	1 225 000
Total Equity	1 454 000	1 092 000	907 000	516 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	67 000	35 000	47 000	37 000
Unpaid Taxes	415 000	325 000	310 000	395 000
Dividends	0	0	0	0
Other Current Debt	313 000	262 000	246 000	217 000
Total Current Debt	898 000	676 000	714 000	709 000
Total Equity and Debt	2 352 000	1 768 000	1 621 000	1 225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,9 %	16,94 %	43,11 %	43,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,93 %	5,71 %	11,96 %	7,78 %
Current Ratio	2,37	2,18	1,94	1,61
Quick Ratio	2,37	2,18	1,94	1,61
Equity Ratio	0,62	0,62	0,56	0,42
Gross Profit Margin	90,84 %	89,37 %	88,26 %	86,37 %