GUNNAR REE AS

7010 TRONDHEIM

Finances

Return on Equity

29,64 %

Current Ratio

4,05

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 680 000	6 003 000	5 199 000	7 198 000
Net Income	857 000	538 000	−186 000	235 000
Total Assets	3 855 000	3 236 000	3 360 000	3 295 000
Total Equity	2 891 000	2 533 000	1 995 000	2 181 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 680 000	6 003 000	5 199 000	7 198 000
Expenditure	7 565 000	5 262 000	5 388 000	6 842 000
Operating Profit	1 115 000	740 000	−189 000	355 000
Financial Income	1 000	4 000	4 000	6 000
Financial Costs	14 000	52 000	50 000	56 000
Financial Balance	−13 000	−48 000	−46 000	−50 000
Earnings Before Tax	1 102 000	692 000	−235 000	305 000
Tax	245 000	154 000	−49 000	70 000
Net Income	857 000	538 000	−186 000	235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	463 000	475 000	560 000	592 000
Total Current Assets	3 392 000	2 761 000	2 801 000	2 703 000
Total Assets	3 855 000	3 236 000	3 360 000	3 295 000
Total Retained Equity	2 741 000	2 383 000	1 845 000	2 031 000
Total Equity	2 891 000	2 533 000	1 995 000	2 181 000
Total Long-Term Debt	128 000	85 000	525 000	44 000
Total Current Debt	837 000	617 000	841 000	1 071 000
Total Equity and Debt	3 855 000	3 236 000	3 360 000	3 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 680 000	5 833 000	5 069 000	7 198 000
Other Income	0	170 000	130 000	0
Revenue	8 680 000	6 003 000	5 199 000	7 198 000
Cost of Goods Sold	4 298 000	2 844 000	2 822 000	3 600 000
Salary Costs	1 983 000	1 382 000	1 599 000	2 049 000
Depreciation	47 000	47 000	46 000	45 000
Impairment	0	0	0	0
Expenditure	7 565 000	5 262 000	5 388 000	6 842 000
Operating Profit	1 115 000	740 000	−189 000	355 000
Financial Income	1 000	4 000	4 000	6 000
Financial Costs	14 000	52 000	50 000	56 000
Financial Balance	−13 000	−48 000	−46 000	−50 000
Dividends	0	0	0	0
Net Income	857 000	538 000	−186 000	235 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	271 000	256 000	293 000	279 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	149 000	196 000	243 000	289 000
Total Tangible Assets	149 000	196 000	243 000	289 000
Total Fiancial Fixed Assets	44 000	24 000	24 000	24 000
Total Fixed Assets	463 000	475 000	560 000	592 000
Stock	2 403 000	2 324 000	2 676 000	2 584 000
Total Investments	0	0	0	0
Cash, Bank	958 000	420 000	70 000	73 000
Total Current Assets	3 392 000	2 761 000	2 801 000	2 703 000
Total Assets	3 855 000	3 236 000	3 360 000	3 295 000
Total Equity	2 891 000	2 533 000	1 995 000	2 181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	128 000	85 000	525 000	44 000
Creditors	65 000	83 000	30 000	22 000
Unpaid Taxes	333 000	293 000	275 000	404 000
Dividends	0	0	0	0
Other Current Debt	179 000	125 000	146 000	187 000
Total Current Debt	837 000	617 000	841 000	1 071 000
Total Equity and Debt	3 855 000	3 236 000	3 360 000	3 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,64 %	21,24 %	−9,32 %	10,77 %
Debt-to-Equity Ratio	0,04	0,03	0,26	0,02
Operating Profit Margin	12,85 %	12,33 %	−3,64 %	4,93 %
Current Ratio	4,05	4,47	3,33	2,52
Quick Ratio	−2,17	−1,62	−1,53	−1,79
Equity Ratio	0,75	0,78	0,59	0,66
Gross Profit Margin	50,48 %	52,62 %	45,72 %	49,99 %