GULSET ISENKRAM AS

3727 SKIEN

Finances

Share Ownership

Return on Equity

−28,14 %

Current Ratio

2,42

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 349 000	4 106 000	4 493 000	3 919 000
Net Income	−356 000	117 000	587 000	93 000
Total Assets	2 759 000	3 075 000	3 175 000	2 472 000
Total Equity	1 265 000	1 621 000	1 504 000	917 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 349 000	4 106 000	4 493 000	3 919 000
Expenditure	3 669 000	3 925 000	3 706 000	3 761 000
Operating Profit	−321 000	180 000	787 000	158 000
Financial Income	0	0	0	0
Financial Costs	35 000	30 000	35 000	40 000
Financial Balance	−35 000	−30 000	−35 000	−40 000
Earnings Before Tax	−356 000	150 000	752 000	119 000
Tax	0	33 000	166 000	26 000
Net Income	−356 000	117 000	587 000	93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 759 000	3 075 000	3 175 000	2 472 000
Total Assets	2 759 000	3 075 000	3 175 000	2 472 000
Total Retained Equity	1 165 000	1 521 000	1 404 000	817 000
Total Equity	1 265 000	1 621 000	1 504 000	917 000
Total Long-Term Debt	355 000	355 000	355 000	355 000
Total Current Debt	1 139 000	1 098 000	1 315 000	1 200 000
Total Equity and Debt	2 759 000	3 075 000	3 175 000	2 472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 349 000	4 106 000	4 493 000	3 919 000
Other Income	0	0	0	0
Revenue	3 349 000	4 106 000	4 493 000	3 919 000
Cost of Goods Sold	1 804 000	2 181 000	2 050 000	1 711 000
Salary Costs	1 036 000	1 079 000	932 000	1 299 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 669 000	3 925 000	3 706 000	3 761 000
Operating Profit	−321 000	180 000	787 000	158 000
Financial Income	0	0	0	0
Financial Costs	35 000	30 000	35 000	40 000
Financial Balance	−35 000	−30 000	−35 000	−40 000
Dividends	0	0	0	0
Net Income	−356 000	117 000	587 000	93 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	2 534 000	2 422 000	2 589 000	2 196 000
Total Investments	0	0	0	0
Cash, Bank	158 000	319 000	427 000	256 000
Total Current Assets	2 759 000	3 075 000	3 175 000	2 472 000
Total Assets	2 759 000	3 075 000	3 175 000	2 472 000
Total Equity	1 265 000	1 621 000	1 504 000	917 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	355 000	355 000	355 000	355 000
Creditors	0	103 000	311 000	103 000
Unpaid Taxes	161 000	181 000	153 000	231 000
Dividends	0	0	0	0
Other Current Debt	675 000	306 000	386 000	415 000
Total Current Debt	1 139 000	1 098 000	1 315 000	1 200 000
Total Equity and Debt	2 759 000	3 075 000	3 175 000	2 472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,14 %	7,22 %	39,03 %	10,14 %
Debt-to-Equity Ratio	0,28	0,22	0,24	0,39
Operating Profit Margin	−9,58 %	4,38 %	17,52 %	4,03 %
Current Ratio	2,42	2,8	2,41	2,06
Quick Ratio	−1,98	−2,32	−2,49	−2,48
Equity Ratio	0,46	0,53	0,47	0,37
Gross Profit Margin	46,13 %	46,88 %	54,37 %	56,34 %