GULLSMEDBUTIKKEN GRESSVIK AS

1606 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−20,11 %

Current Ratio

3,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 238 000	8 518 000	14 904 000	9 177 000
Net Income	−745 000	8 000	1 012 000	−1 232 000
Total Assets	5 106 000	5 791 000	6 011 000	5 967 000
Total Equity	3 705 000	4 470 000	4 483 000	4 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 238 000	8 518 000	14 904 000	9 177 000
Expenditure	9 950 000	8 505 000	13 797 000	10 400 000
Operating Profit	−712 000	13 000	1 107 000	−1 223 000
Financial Income	4 000	5 000	3 000	1 000
Financial Costs	37 000	10 000	13 000	10 000
Financial Balance	−33 000	−5 000	−10 000	−9 000
Earnings Before Tax	−745 000	8 000	1 097 000	−1 232 000
Tax	0	0	85 000	0
Net Income	−745 000	8 000	1 012 000	−1 232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	233 000	373 000	520 000
Total Current Assets	5 081 000	5 558 000	5 638 000	5 446 000
Total Assets	5 106 000	5 791 000	6 011 000	5 967 000
Total Retained Equity	235 000	1 000 000	1 012 000	0
Total Equity	3 705 000	4 470 000	4 483 000	4 290 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 401 000	1 321 000	1 529 000	1 676 000
Total Equity and Debt	5 106 000	5 791 000	6 011 000	5 967 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 279 000	8 232 000	14 716 000	9 177 000
Other Income	−41 000	286 000	188 000	0
Revenue	9 238 000	8 518 000	14 904 000	9 177 000
Cost of Goods Sold	5 447 000	4 381 000	9 403 000	5 694 000
Salary Costs	2 953 000	2 647 000	2 642 000	2 964 000
Depreciation	227 000	140 000	147 000	172 000
Impairment	0	0	0	0
Expenditure	9 950 000	8 505 000	13 797 000	10 400 000
Operating Profit	−712 000	13 000	1 107 000	−1 223 000
Financial Income	4 000	5 000	3 000	1 000
Financial Costs	37 000	10 000	13 000	10 000
Financial Balance	−33 000	−5 000	−10 000	−9 000
Dividends	20 000	20 000	820 000	500 000
Net Income	−745 000	8 000	1 012 000	−1 232 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	300 000	400 000
Total Intangible Assets	0	0	300 000	400 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	233 000	73 000	120 000
Total Tangible Assets	25 000	233 000	73 000	120 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	233 000	373 000	520 000
Stock	3 629 000	4 282 000	4 225 000	3 993 000
Total Investments	0	0	0	0
Cash, Bank	1 318 000	1 083 000	1 159 000	867 000
Total Current Assets	5 081 000	5 558 000	5 638 000	5 446 000
Total Assets	5 106 000	5 791 000	6 011 000	5 967 000
Total Equity	3 705 000	4 470 000	4 483 000	4 290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	353 000	272 000	305 000	285 000
Unpaid Taxes	492 000	480 000	582 000	495 000
Dividends	20 000	20 000	820 000	500 000
Other Current Debt	557 000	569 000	557 000	396 000
Total Current Debt	1 401 000	1 321 000	1 529 000	1 676 000
Total Equity and Debt	5 106 000	5 791 000	6 011 000	5 967 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,11 %	0,18 %	22,57 %	−28,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7,71 %	0,15 %	7,43 %	−13,33 %
Current Ratio	3,63	4,21	3,69	3,25
Quick Ratio	−2,28	−1,88	−2,09	−2,35
Equity Ratio	0,73	0,77	0,75	0,72
Gross Profit Margin	41,04 %	48,57 %	36,91 %	37,95 %