GULLFJELLET MASKIN AS

5268 HAUKELAND

Finances

Return on Equity

18,75 %

Current Ratio

0,44

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2021	2020	2019
Revenue	3 399 000	2 985 000	1 391 000
Net Income	48 000	15 000	148 000
Total Assets	1 428 000	2 145 000	1 789 000
Total Equity	256 000	208 000	192 000

Income (NOK)	2021	2020	2019
Revenue	3 399 000	2 985 000	1 391 000
Expenditure	3 213 000	2 922 000	1 189 000
Operating Profit	187 000	62 000	203 000
Financial Income	0	3 000	0
Financial Costs	125 000	45 000	12 000
Financial Balance	−125 000	−42 000	−12 000
Earnings Before Tax	61 000	20 000	190 000
Tax	14 000	4 000	42 000
Net Income	48 000	15 000	148 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	1 000 000	1 222 000	1 140 000
Total Current Assets	428 000	923 000	649 000
Total Assets	1 428 000	2 145 000	1 789 000
Total Retained Equity	216 000	168 000	152 000
Total Equity	256 000	208 000	192 000
Total Long-Term Debt	210 000	611 000	476 000
Total Current Debt	963 000	1 326 000	1 121 000
Total Equity and Debt	1 428 000	2 145 000	1 789 000

Cash flow (NOK)	2021	2020	2019
Sales Income	3 398 000	2 985 000	1 391 000
Other Income	1 000	0	0
Revenue	3 399 000	2 985 000	1 391 000
Cost of Goods Sold	0	575 000	343 000
Salary Costs	0	0	0
Depreciation	31 000	31 000	9 000
Impairment	0	0	0
Expenditure	3 213 000	2 922 000	1 189 000
Operating Profit	187 000	62 000	203 000
Financial Income	0	3 000	0
Financial Costs	125 000	45 000	12 000
Financial Balance	−125 000	−42 000	−12 000
Dividends	0	0	0
Net Income	48 000	15 000	148 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	15 000	135 000	35 000
Fixtures	90 000	0	0
Total Tangible Assets	105 000	135 000	35 000
Total Fiancial Fixed Assets	895 000	1 087 000	1 104 000
Total Fixed Assets	1 000 000	1 222 000	1 140 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	98 000	153 000	118 000
Total Current Assets	428 000	923 000	649 000
Total Assets	1 428 000	2 145 000	1 789 000
Total Equity	256 000	208 000	192 000
Short-Term Group Debt	123 000	0	0
Total Long-Term Debt	210 000	611 000	476 000
Creditors	728 000	411 000	249 000
Unpaid Taxes	8 000	0	−172 000
Dividends	0	0	0
Other Current Debt	89 000	911 000	1 003 000
Total Current Debt	963 000	1 326 000	1 121 000
Total Equity and Debt	1 428 000	2 145 000	1 789 000

Financial indicators	2021	2020	2019
Return on Equity	18,75 %	7,21 %	77,08 %
Debt-to-Equity Ratio	0,82	2,94	2,48
Operating Profit Margin	5,5 %	2,08 %	14,59 %
Current Ratio	0,44	0,7	0,58
Quick Ratio	0,44	0,7	0,58
Equity Ratio	0,18	0,1	0,11
Gross Profit Margin	100 %	80,74 %	75,34 %