GOLF & CABIN SERVICE AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

28,54 %

Current Ratio

3,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 986 000	3 114 000	2 085 000
Net Income	361 000	606 000	475 000
Total Assets	1 698 000	1 462 000	724 000
Total Equity	1 265 000	904 000	498 000

Income (NOK)	2022	2021	2020
Revenue	2 986 000	3 114 000	2 085 000
Expenditure	2 432 000	2 331 000	1 478 000
Operating Profit	554 000	783 000	608 000
Financial Income	0	0	0
Financial Costs	3 000	0	0
Financial Balance	−3 000	0	0
Earnings Before Tax	551 000	782 000	608 000
Tax	190 000	176 000	133 000
Net Income	361 000	606 000	475 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	15 000	74 000	101 000
Total Current Assets	1 683 000	1 388 000	623 000
Total Assets	1 698 000	1 462 000	724 000
Total Retained Equity	1 243 000	881 000	475 000
Total Equity	1 265 000	904 000	498 000
Total Long-Term Debt	4 000	3 000	0
Total Current Debt	428 000	555 000	226 000
Total Equity and Debt	1 698 000	1 462 000	724 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 986 000	3 114 000	2 085 000
Other Income	0	0	0
Revenue	2 986 000	3 114 000	2 085 000
Cost of Goods Sold	675 000	836 000	459 000
Salary Costs	1 202 000	1 046 000	713 000
Depreciation	5 000	5 000	5 000
Impairment	0	0	0
Expenditure	2 432 000	2 331 000	1 478 000
Operating Profit	554 000	783 000	608 000
Financial Income	0	0	0
Financial Costs	3 000	0	0
Financial Balance	−3 000	0	0
Dividends	0	200 000	0
Net Income	361 000	606 000	475 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	10 000	14 000	19 000
Total Tangible Assets	10 000	14 000	19 000
Total Fiancial Fixed Assets	6 000	60 000	82 000
Total Fixed Assets	15 000	74 000	101 000
Stock	0	0	0
Total Investments	0	0	621 000
Cash, Bank	1 645 000	1 309 000	24 000
Total Current Assets	1 683 000	1 388 000	623 000
Total Assets	1 698 000	1 462 000	724 000
Total Equity	1 265 000	904 000	498 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	4 000	3 000	0
Creditors	−25 000	38 000	40 000
Unpaid Taxes	208 000	40 000	−15 000
Dividends	0	200 000	0
Other Current Debt	121 000	104 000	69 000
Total Current Debt	428 000	555 000	226 000
Total Equity and Debt	1 698 000	1 462 000	724 000

Financial indicators	2022	2021	2020
Return on Equity	28,54 %	67,04 %	95,38 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	18,55 %	25,14 %	29,16 %
Current Ratio	3,93	2,5	2,76
Quick Ratio	3,93	2,5	2,76
Equity Ratio	0,74	0,62	0,69
Gross Profit Margin	77,39 %	73,15 %	77,99 %