GULCON AS

1394 NESBRU

Finances

Share Ownership

Return on Equity

60,63 %

Current Ratio

2,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 415 000	2 317 000	2 407 000	576 000
Net Income	325 000	660 000	1 121 000	−100 000
Total Assets	902 000	1 142 000	1 506 000	143 000
Total Equity	536 000	211 000	51 000	−70 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 415 000	2 317 000	2 407 000	576 000
Expenditure	959 000	1 471 000	1 002 000	676 000
Operating Profit	456 000	847 000	1 406 000	−100 000
Financial Income	0	0	0	0
Financial Costs	26 000	0	0	0
Financial Balance	−26 000	0	0	0
Earnings Before Tax	430 000	847 000	1 406 000	−100 000
Tax	104 000	186 000	285 000	0
Net Income	325 000	660 000	1 121 000	−100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	167 000	175 000	67 000	40 000
Total Current Assets	735 000	967 000	1 439 000	102 000
Total Assets	902 000	1 142 000	1 506 000	143 000
Total Retained Equity	506 000	181 000	21 000	−100 000
Total Equity	536 000	211 000	51 000	−70 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	365 000	931 000	1 456 000	213 000
Total Equity and Debt	902 000	1 142 000	1 506 000	143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 415 000	2 317 000	2 407 000	576 000
Other Income	0	0	0	0
Revenue	1 415 000	2 317 000	2 407 000	576 000
Cost of Goods Sold	0	0	0	0
Salary Costs	777 000	1 299 000	833 000	383 000
Depreciation	47 000	38 000	18 000	1 000
Impairment	0	0	0	0
Expenditure	959 000	1 471 000	1 002 000	676 000
Operating Profit	456 000	847 000	1 406 000	−100 000
Financial Income	0	0	0	0
Financial Costs	26 000	0	0	0
Financial Balance	−26 000	0	0	0
Dividends	0	500 000	1 000 000	0
Net Income	325 000	660 000	1 121 000	−100 000

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	67 000	75 000	67 000	40 000
Total Tangible Assets	67 000	75 000	67 000	40 000
Total Fiancial Fixed Assets	100 000	100 000	0	0
Total Fixed Assets	167 000	175 000	67 000	40 000
Stock	0	0	0	0
Total Investments	−300 000	0	0	0
Cash, Bank	778 000	967 000	1 439 000	47 000
Total Current Assets	735 000	967 000	1 439 000	102 000
Total Assets	902 000	1 142 000	1 506 000	143 000
Total Equity	536 000	211 000	51 000	−70 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	−8 000	0	0
Unpaid Taxes	27 000	96 000	75 000	72 000
Dividends	0	500 000	1 000 000	0
Other Current Debt	233 000	156 000	96 000	141 000
Total Current Debt	365 000	931 000	1 456 000	213 000
Total Equity and Debt	902 000	1 142 000	1 506 000	143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,63 %	312,8 %	2 198,04 %	142,86 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	32,23 %	36,56 %	58,41 %	−17,36 %
Current Ratio	2,01	1,04	0,99	0,48
Quick Ratio	2,01	1,04	0,99	0,48
Equity Ratio	0,59	0,18	0,03	−0,49
Gross Profit Margin	100 %	100 %	100 %	100 %