GULLHAUGEN AS

3022 DRAMMEN

Finances

Share Ownership

Return on Equity

−0 %

Current Ratio

5,25

Debt-to-Equity Ratio

−19,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	437 000	265 000	126 000	0
Net Income	0	49 000	−402 000	−9 000
Total Assets	6 293 000	3 347 000	3 301 000	3 319 000
Total Equity	−332 000	−332 000	−381 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	437 000	265 000	126 000	0
Expenditure	218 000	117 000	506 000	9 000
Operating Profit	218 000	148 000	−380 000	−9 000
Financial Income	0	0	0	0
Financial Costs	219 000	99 000	22 000	0
Financial Balance	−219 000	−99 000	−22 000	0
Earnings Before Tax	0	49 000	−402 000	−9 000
Tax	0	0	0	0
Net Income	0	49 000	−402 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 167 000	3 281 000	3 281 000	0
Total Current Assets	126 000	66 000	20 000	3 319 000
Total Assets	6 293 000	3 347 000	3 301 000	3 319 000
Total Retained Equity	−368 000	−367 000	−411 000	−9 000
Total Equity	−332 000	−332 000	−381 000	21 000
Total Long-Term Debt	6 600 000	3 661 000	3 635 000	0
Total Current Debt	24 000	18 000	47 000	3 298 000
Total Equity and Debt	6 293 000	3 347 000	3 301 000	3 319 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	437 000	265 000	126 000	0
Revenue	437 000	265 000	126 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	218 000	117 000	506 000	9 000
Operating Profit	218 000	148 000	−380 000	−9 000
Financial Income	0	0	0	0
Financial Costs	219 000	99 000	22 000	0
Financial Balance	−219 000	−99 000	−22 000	0
Dividends	0	0	0	0
Net Income	0	49 000	−402 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 167 000	3 281 000	3 281 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 167 000	3 281 000	3 281 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 167 000	3 281 000	3 281 000	0
Stock	0	0	0	3 291 000
Total Investments	0	0	0	0
Cash, Bank	116 000	48 000	20 000	28 000
Total Current Assets	126 000	66 000	20 000	3 319 000
Total Assets	6 293 000	3 347 000	3 301 000	3 319 000
Total Equity	−332 000	−332 000	−381 000	21 000
Short-Term Group Debt	18 000	3 000	0	0
Total Long-Term Debt	6 600 000	3 661 000	3 635 000	0
Creditors	6 000	3 000	47 000	3 298 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	12 000	0	0
Total Current Debt	24 000	18 000	47 000	3 298 000
Total Equity and Debt	6 293 000	3 347 000	3 301 000	3 319 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0 %	−14,76 %	105,51 %	−42,86 %
Debt-to-Equity Ratio	−19,88	−11,03	−9,54	0
Operating Profit Margin	49,89 %	55,85 %	−301,59 %	-
Current Ratio	5,25	3,67	0,43	1,01
Quick Ratio	5,25	3,67	0,43	474,14
Equity Ratio	−0,05	−0,1	−0,12	0,01
Gross Profit Margin	100 %	100 %	100 %	-