GULLSMED PER VIGELAND AS

5003 BERGEN

Finances

Share Ownership

Return on Equity

49,25 %

Current Ratio

3,21

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 313 000	1 159 000	816 000	2 033 000
Net Income	785 000	246 000	95 000	417 000
Total Assets	2 285 000	1 656 000	1 119 000	1 224 000
Total Equity	1 594 000	820 000	586 000	504 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 313 000	1 159 000	816 000	2 033 000
Expenditure	2 329 000	839 000	692 000	1 500 000
Operating Profit	1 010 000	319 000	124 000	534 000
Financial Income	0	0	0	0
Financial Costs	4 000	4 000	2 000	1 000
Financial Balance	−4 000	−4 000	−2 000	−1 000
Earnings Before Tax	1 006 000	315 000	122 000	533 000
Tax	221 000	69 000	27 000	116 000
Net Income	785 000	246 000	95 000	417 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 000	122 000	141 000	160 000
Total Current Assets	2 182 000	1 534 000	978 000	1 064 000
Total Assets	2 285 000	1 656 000	1 119 000	1 224 000
Total Retained Equity	1 500 000	726 000	491 000	410 000
Total Equity	1 594 000	820 000	586 000	504 000
Total Long-Term Debt	11 000	12 000	11 000	8 000
Total Current Debt	680 000	824 000	523 000	712 000
Total Equity and Debt	2 285 000	1 656 000	1 119 000	1 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 311 000	1 159 000	816 000	2 033 000
Other Income	2 000	0	0	0
Revenue	3 313 000	1 159 000	816 000	2 033 000
Cost of Goods Sold	1 656 000	575 000	385 000	1 016 000
Salary Costs	386 000	50 000	48 000	258 000
Depreciation	19 000	19 000	19 000	10 000
Impairment	0	0	0	0
Expenditure	2 329 000	839 000	692 000	1 500 000
Operating Profit	1 010 000	319 000	124 000	534 000
Financial Income	0	0	0	0
Financial Costs	4 000	4 000	2 000	1 000
Financial Balance	−4 000	−4 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	785 000	246 000	95 000	417 000

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	87 000	106 000	125 000	144 000
Total Tangible Assets	87 000	106 000	125 000	144 000
Total Fiancial Fixed Assets	16 000	16 000	16 000	16 000
Total Fixed Assets	103 000	122 000	141 000	160 000
Stock	106 000	80 000	82 000	85 000
Total Investments	0	0	0	0
Cash, Bank	1 713 000	1 433 000	873 000	754 000
Total Current Assets	2 182 000	1 534 000	978 000	1 064 000
Total Assets	2 285 000	1 656 000	1 119 000	1 224 000
Total Equity	1 594 000	820 000	586 000	504 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	12 000	11 000	8 000
Creditors	−46 000	482 000	356 000	416 000
Unpaid Taxes	4 000	65 000	2 000	6 000
Dividends	0	0	0	0
Other Current Debt	503 000	213 000	144 000	184 000
Total Current Debt	680 000	824 000	523 000	712 000
Total Equity and Debt	2 285 000	1 656 000	1 119 000	1 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,25 %	30 %	16,21 %	82,74 %
Debt-to-Equity Ratio	0,01	0,01	0,02	0,02
Operating Profit Margin	30,49 %	27,52 %	15,2 %	26,27 %
Current Ratio	3,21	1,86	1,87	1,49
Quick Ratio	3,8	2,06	2,22	1,7
Equity Ratio	0,7	0,5	0,52	0,41
Gross Profit Margin	50,02 %	50,39 %	52,82 %	50,02 %