GULLSMED FINN ANDERSEN AS

3187 HORTEN

Finances

Return on Equity

10,15 %

Current Ratio

3,57

Debt-to-Equity Ratio

2,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 975 000	4 922 000	4 277 000	4 142 000
Net Income	100 000	21 000	276 000	38 000
Total Assets	5 218 000	4 819 000	4 893 000	4 744 000
Total Equity	985 000	885 000	864 000	88 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 975 000	4 922 000	4 277 000	4 142 000
Expenditure	4 728 000	4 810 000	3 825 000	3 967 000
Operating Profit	247 000	112 000	452 000	175 000
Financial Income	9 000	10 000	10 000	9 000
Financial Costs	127 000	95 000	109 000	134 000
Financial Balance	−118 000	−85 000	−99 000	−125 000
Earnings Before Tax	129 000	27 000	353 000	50 000
Tax	29 000	6 000	78 000	12 000
Net Income	100 000	21 000	276 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	590 000	686 000	759 000	911 000
Total Current Assets	4 629 000	4 133 000	4 134 000	3 833 000
Total Assets	5 218 000	4 819 000	4 893 000	4 744 000
Total Retained Equity	365 000	265 000	244 000	−32 000
Total Equity	985 000	885 000	864 000	88 000
Total Long-Term Debt	2 939 000	2 952 000	3 274 000	3 497 000
Total Current Debt	1 295 000	982 000	755 000	1 159 000
Total Equity and Debt	5 218 000	4 819 000	4 893 000	4 744 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 952 000	4 823 000	4 122 000	4 028 000
Other Income	23 000	99 000	155 000	114 000
Revenue	4 975 000	4 922 000	4 277 000	4 142 000
Cost of Goods Sold	2 097 000	2 345 000	1 801 000	1 867 000
Salary Costs	1 687 000	1 542 000	1 178 000	1 265 000
Depreciation	67 000	67 000	74 000	72 000
Impairment	0	0	0	0
Expenditure	4 728 000	4 810 000	3 825 000	3 967 000
Operating Profit	247 000	112 000	452 000	175 000
Financial Income	9 000	10 000	10 000	9 000
Financial Costs	127 000	95 000	109 000	134 000
Financial Balance	−118 000	−85 000	−99 000	−125 000
Dividends	0	0	0	0
Net Income	100 000	21 000	276 000	38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	111 000	140 000	146 000	224 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	7 000
Fixtures	337 000	404 000	471 000	538 000
Total Tangible Assets	337 000	404 000	471 000	545 000
Total Fiancial Fixed Assets	143 000	143 000	143 000	143 000
Total Fixed Assets	590 000	686 000	759 000	911 000
Stock	4 504 000	4 029 000	3 889 000	3 731 000
Total Investments	0	0	0	0
Cash, Bank	96 000	84 000	183 000	83 000
Total Current Assets	4 629 000	4 133 000	4 134 000	3 833 000
Total Assets	5 218 000	4 819 000	4 893 000	4 744 000
Total Equity	985 000	885 000	864 000	88 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 939 000	2 952 000	3 274 000	3 497 000
Creditors	205 000	432 000	188 000	352 000
Unpaid Taxes	193 000	201 000	222 000	183 000
Dividends	0	0	0	0
Other Current Debt	377 000	350 000	344 000	390 000
Total Current Debt	1 295 000	982 000	755 000	1 159 000
Total Equity and Debt	5 218 000	4 819 000	4 893 000	4 744 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,15 %	2,37 %	31,94 %	43,18 %
Debt-to-Equity Ratio	2,98	3,34	3,79	39,74
Operating Profit Margin	4,96 %	2,28 %	10,57 %	4,23 %
Current Ratio	3,57	4,21	5,48	3,31
Quick Ratio	−1,44	−1,36	−1,32	−1,49
Equity Ratio	0,19	0,18	0,18	0,02
Gross Profit Margin	57,85 %	52,36 %	57,89 %	54,93 %