JA GULVSYSTEMER AS

7633 FROSTA

Finances

Share Ownership

Return on Equity

75,36 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 337 000	7 548 000	4 605 000	1 219 000
Net Income	942 000	786 000	283 000	347 000
Total Assets	2 954 000	3 012 000	2 168 000	1 551 000
Total Equity	1 250 000	638 000	653 000	370 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 337 000	7 548 000	4 605 000	1 219 000
Expenditure	8 123 000	6 533 000	4 224 000	775 000
Operating Profit	1 213 000	1 015 000	380 000	444 000
Financial Income	0	5 000	0	0
Financial Costs	5 000	13 000	18 000	1 000
Financial Balance	−5 000	−8 000	−18 000	−1 000
Earnings Before Tax	1 207 000	1 008 000	362 000	443 000
Tax	266 000	222 000	80 000	96 000
Net Income	942 000	786 000	283 000	347 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	270 000	236 000	496 000	214 000
Total Current Assets	2 684 000	2 776 000	1 672 000	1 337 000
Total Assets	2 954 000	3 012 000	2 168 000	1 551 000
Total Retained Equity	1 150 000	608 000	623 000	347 000
Total Equity	1 250 000	638 000	653 000	370 000
Total Long-Term Debt	55 000	81 000	328 000	130 000
Total Current Debt	1 648 000	2 293 000	1 187 000	1 050 000
Total Equity and Debt	2 954 000	3 012 000	2 168 000	1 551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 337 000	7 541 000	4 605 000	1 219 000
Other Income	0	7 000	0	0
Revenue	9 337 000	7 548 000	4 605 000	1 219 000
Cost of Goods Sold	2 693 000	2 408 000	1 471 000	325 000
Salary Costs	3 675 000	2 635 000	2 069 000	341 000
Depreciation	78 000	76 000	120 000	3 000
Impairment	0	0	0	0
Expenditure	8 123 000	6 533 000	4 224 000	775 000
Operating Profit	1 213 000	1 015 000	380 000	444 000
Financial Income	0	5 000	0	0
Financial Costs	5 000	13 000	18 000	1 000
Financial Balance	−5 000	−8 000	−18 000	−1 000
Dividends	400 000	800 000	0	0
Net Income	942 000	786 000	283 000	347 000

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	255 000	236 000	496 000	214 000
Total Tangible Assets	255 000	236 000	496 000	214 000
Total Fiancial Fixed Assets	15 000	0	0	0
Total Fixed Assets	270 000	236 000	496 000	214 000
Stock	299 000	357 000	154 000	81 000
Total Investments	0	0	0	0
Cash, Bank	1 857 000	1 515 000	582 000	464 000
Total Current Assets	2 684 000	2 776 000	1 672 000	1 337 000
Total Assets	2 954 000	3 012 000	2 168 000	1 551 000
Total Equity	1 250 000	638 000	653 000	370 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	55 000	81 000	328 000	130 000
Creditors	216 000	503 000	456 000	453 000
Unpaid Taxes	520 000	557 000	171 000	169 000
Dividends	400 000	800 000	0	0
Other Current Debt	643 000	1 005 000	482 000	341 000
Total Current Debt	1 648 000	2 293 000	1 187 000	1 050 000
Total Equity and Debt	2 954 000	3 012 000	2 168 000	1 551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,36 %	123,2 %	43,34 %	93,78 %
Debt-to-Equity Ratio	0,04	0,13	0,5	0,35
Operating Profit Margin	12,99 %	13,45 %	8,25 %	36,42 %
Current Ratio	1,63	1,21	1,41	1,27
Quick Ratio	1,99	1,43	1,62	1,38
Equity Ratio	0,42	0,21	0,3	0,24
Gross Profit Margin	71,16 %	68,1 %	68,06 %	73,34 %