GULLHAUGEN INVEST AS

5227 NESTTUN

Finances

Return on Equity

41,9 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	867 000	361 000	992 000
Net Income	737 000	173 000	828 000
Total Assets	3 323 000	1 389 000	1 064 000
Total Equity	1 759 000	1 022 000	850 000

Income (NOK)	2021	2020	2019
Revenue	867 000	361 000	992 000
Expenditure	291 000	175 000	26 000
Operating Profit	576 000	186 000	967 000
Financial Income	775 000	375 000	122 000
Financial Costs	457 000	277 000	48 000
Financial Balance	318 000	98 000	74 000
Earnings Before Tax	894 000	284 000	1 041 000
Tax	157 000	111 000	213 000
Net Income	737 000	173 000	828 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	1 233 000	701 000	111 000
Total Current Assets	2 089 000	687 000	952 000
Total Assets	3 323 000	1 389 000	1 064 000
Total Retained Equity	1 729 000	992 000	820 000
Total Equity	1 759 000	1 022 000	850 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 564 000	366 000	214 000
Total Equity and Debt	3 323 000	1 389 000	1 064 000

Cash flow (NOK)	2021	2020	2019
Sales Income	867 000	361 000	992 000
Other Income	0	0	0
Revenue	867 000	361 000	992 000
Cost of Goods Sold	0	0	0
Salary Costs	35 000	3 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	291 000	175 000	26 000
Operating Profit	576 000	186 000	967 000
Financial Income	775 000	375 000	122 000
Financial Costs	457 000	277 000	48 000
Financial Balance	318 000	98 000	74 000
Dividends	0	0	0
Net Income	737 000	173 000	828 000

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	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	1 233 000	701 000	111 000
Total Fixed Assets	1 233 000	701 000	111 000
Stock	0	0	0
Total Investments	834 000	657 000	855 000
Cash, Bank	40 000	0	97 000
Total Current Assets	2 089 000	687 000	952 000
Total Assets	3 323 000	1 389 000	1 064 000
Total Equity	1 759 000	1 022 000	850 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	81 000	30 000	0
Unpaid Taxes	81 000	−7 000	0
Dividends	0	0	0
Other Current Debt	1 204 000	2 000	0
Total Current Debt	1 564 000	366 000	214 000
Total Equity and Debt	3 323 000	1 389 000	1 064 000

Financial indicators	2021	2020	2019
Return on Equity	41,9 %	16,93 %	97,41 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	66,44 %	51,52 %	97,48 %
Current Ratio	1,34	1,88	4,45
Quick Ratio	1,34	1,88	4,45
Equity Ratio	0,53	0,74	0,8
Gross Profit Margin	100 %	100 %	100 %