GOROLUND AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

602,56 %

Current Ratio

0,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	629 000	456 000	292 000	23 000
Net Income	470 000	329 000	190 000	0
Total Assets	663 000	485 000	317 000	201 000
Total Equity	78 000	64 000	61 000	70 000

Income (NOK)	2022	2021	2020	2019
Revenue	629 000	456 000	292 000	23 000
Expenditure	31 000	35 000	47 000	21 000
Operating Profit	598 000	421 000	246 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	599 000	421 000	246 000	2 000
Tax	129 000	92 000	56 000	2 000
Net Income	470 000	329 000	190 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	340 000	100 000	119 000	201 000
Total Current Assets	323 000	385 000	199 000	0
Total Assets	663 000	485 000	317 000	201 000
Total Retained Equity	7 000	−7 000	−10 000	0
Total Equity	78 000	64 000	61 000	70 000
Total Long-Term Debt	0	0	0	128 000
Total Current Debt	586 000	421 000	257 000	2 000
Total Equity and Debt	663 000	485 000	317 000	201 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	629 000	456 000	292 000	23 000
Revenue	629 000	456 000	292 000	23 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	12 000	19 000	19 000
Impairment	0	0	0	0
Expenditure	31 000	35 000	47 000	21 000
Operating Profit	598 000	421 000	246 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	470 000	329 000	190 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	100 000	100 000	100 000	163 000
Machinery and Plant Facilities	0	0	19 000	37 000
Fixtures	0	0	0	0
Total Tangible Assets	100 000	100 000	119 000	201 000
Total Fiancial Fixed Assets	240 000	0	0	0
Total Fixed Assets	340 000	100 000	119 000	201 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	323 000	381 000	199 000	0
Total Current Assets	323 000	385 000	199 000	0
Total Assets	663 000	485 000	317 000	201 000
Total Equity	78 000	64 000	61 000	70 000
Short-Term Group Debt	585 000	418 000	256 000	0
Total Long-Term Debt	0	0	0	128 000
Creditors	1 000	3 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	586 000	421 000	257 000	2 000
Total Equity and Debt	663 000	485 000	317 000	201 000

Financial indicators	2022	2021	2020	2019
Return on Equity	602,56 %	514,06 %	311,48 %	0 %
Debt-to-Equity Ratio	0	0	0	1,83
Operating Profit Margin	95,07 %	92,32 %	84,25 %	8,7 %
Current Ratio	0,55	0,91	0,77	0
Quick Ratio	0,55	0,91	0,77	0
Equity Ratio	0,12	0,13	0,19	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %