GULLSMED EGIL KVAMSÅS AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

−5,38 %

Current Ratio

3,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 494 000	1 433 000	1 512 000	1 570 000
Net Income	−47 000	139 000	434 000	113 000
Total Assets	1 223 000	1 236 000	1 115 000	895 000
Total Equity	873 000	920 000	782 000	348 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 494 000	1 433 000	1 512 000	1 570 000
Expenditure	1 633 000	1 395 000	1 038 000	1 446 000
Operating Profit	−48 000	183 000	570 000	182 000
Financial Income	0	0	2 000	0
Financial Costs	13 000	6 000	15 000	38 000
Financial Balance	−13 000	−6 000	−13 000	−38 000
Earnings Before Tax	−60 000	178 000	556 000	144 000
Tax	−13 000	39 000	122 000	32 000
Net Income	−47 000	139 000	434 000	113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 000	42 000	53 000	66 000
Total Current Assets	1 176 000	1 193 000	1 062 000	829 000
Total Assets	1 223 000	1 236 000	1 115 000	895 000
Total Retained Equity	638 000	685 000	547 000	113 000
Total Equity	873 000	920 000	782 000	348 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	350 000	316 000	333 000	548 000
Total Equity and Debt	1 223 000	1 236 000	1 115 000	895 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 494 000	1 433 000	1 512 000	1 570 000
Other Income	0	0	0	0
Revenue	1 494 000	1 433 000	1 512 000	1 570 000
Cost of Goods Sold	433 000	457 000	377 000	409 000
Salary Costs	702 000	484 000	183 000	483 000
Depreciation	8 000	11 000	13 000	17 000
Impairment	0	0	0	0
Expenditure	1 633 000	1 395 000	1 038 000	1 446 000
Operating Profit	−48 000	183 000	570 000	182 000
Financial Income	0	0	2 000	0
Financial Costs	13 000	6 000	15 000	38 000
Financial Balance	−13 000	−6 000	−13 000	−38 000
Dividends	0	0	0	0
Net Income	−47 000	139 000	434 000	113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	42 000	53 000	66 000
Total Tangible Assets	34 000	42 000	53 000	66 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 000	42 000	53 000	66 000
Stock	1 110 000	1 017 000	872 000	776 000
Total Investments	0	0	0	0
Cash, Bank	17 000	145 000	155 000	4 000
Total Current Assets	1 176 000	1 193 000	1 062 000	829 000
Total Assets	1 223 000	1 236 000	1 115 000	895 000
Total Equity	873 000	920 000	782 000	348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	175 000	116 000	67 000	190 000
Unpaid Taxes	63 000	82 000	53 000	53 000
Dividends	0	0	0	0
Other Current Debt	94 000	79 000	91 000	88 000
Total Current Debt	350 000	316 000	333 000	548 000
Total Equity and Debt	1 223 000	1 236 000	1 115 000	895 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,38 %	15,11 %	55,5 %	32,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,21 %	12,77 %	37,7 %	11,59 %
Current Ratio	3,36	3,78	3,19	1,51
Quick Ratio	−1,55	−1,7	−1,97	−3,64
Equity Ratio	0,71	0,74	0,7	0,39
Gross Profit Margin	71,02 %	68,11 %	75,07 %	73,95 %