GULLSMED O CHRISTENSEN AS

4050 SOLA

Finances

Return on Equity

8,9 %

Current Ratio

3,77

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 741 000	4 439 000	3 942 000	3 099 000
Net Income	311 000	270 000	445 000	123 000
Total Assets	4 880 000	4 735 000	4 012 000	3 663 000
Total Equity	3 496 000	3 184 000	2 914 000	2 469 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 741 000	4 439 000	3 942 000	3 099 000
Expenditure	4 321 000	4 071 000	3 337 000	2 895 000
Operating Profit	419 000	368 000	605 000	204 000
Financial Income	6 000	2 000	3 000	0
Financial Costs	26 000	24 000	37 000	47 000
Financial Balance	−20 000	−22 000	−34 000	−47 000
Earnings Before Tax	399 000	346 000	571 000	157 000
Tax	88 000	76 000	126 000	35 000
Net Income	311 000	270 000	445 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	115 000	641 000	587 000
Total Current Assets	4 840 000	4 621 000	3 371 000	3 076 000
Total Assets	4 880 000	4 735 000	4 012 000	3 663 000
Total Retained Equity	3 396 000	3 084 000	2 814 000	2 369 000
Total Equity	3 496 000	3 184 000	2 914 000	2 469 000
Total Long-Term Debt	102 000	103 000	104 000	120 000
Total Current Debt	1 283 000	1 448 000	994 000	1 074 000
Total Equity and Debt	4 880 000	4 735 000	4 012 000	3 663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 741 000	4 439 000	3 816 000	3 099 000
Other Income	0	0	126 000	0
Revenue	4 741 000	4 439 000	3 942 000	3 099 000
Cost of Goods Sold	2 117 000	2 000 000	1 859 000	1 431 000
Salary Costs	1 345 000	1 304 000	719 000	809 000
Depreciation	14 000	14 000	2 000	0
Impairment	0	0	0	0
Expenditure	4 321 000	4 071 000	3 337 000	2 895 000
Operating Profit	419 000	368 000	605 000	204 000
Financial Income	6 000	2 000	3 000	0
Financial Costs	26 000	24 000	37 000	47 000
Financial Balance	−20 000	−22 000	−34 000	−47 000
Dividends	0	0	0	0
Net Income	311 000	270 000	445 000	123 000

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	40 000	55 000	69 000	0
Total Tangible Assets	40 000	55 000	69 000	0
Total Fiancial Fixed Assets	0	60 000	572 000	587 000
Total Fixed Assets	40 000	115 000	641 000	587 000
Stock	3 365 000	2 742 000	2 316 000	2 837 000
Total Investments	180 000	0	0	0
Cash, Bank	981 000	1 601 000	787 000	139 000
Total Current Assets	4 840 000	4 621 000	3 371 000	3 076 000
Total Assets	4 880 000	4 735 000	4 012 000	3 663 000
Total Equity	3 496 000	3 184 000	2 914 000	2 469 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	102 000	103 000	104 000	120 000
Creditors	524 000	759 000	317 000	539 000
Unpaid Taxes	317 000	310 000	261 000	207 000
Dividends	0	0	0	0
Other Current Debt	353 000	301 000	294 000	324 000
Total Current Debt	1 283 000	1 448 000	994 000	1 074 000
Total Equity and Debt	4 880 000	4 735 000	4 012 000	3 663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,9 %	8,48 %	15,27 %	4,98 %
Debt-to-Equity Ratio	0,03	0,03	0,04	0,05
Operating Profit Margin	8,84 %	8,29 %	15,35 %	6,58 %
Current Ratio	3,77	3,19	3,39	2,86
Quick Ratio	−2,32	−3,57	−2,55	−1,74
Equity Ratio	0,72	0,67	0,73	0,67
Gross Profit Margin	55,35 %	54,94 %	52,84 %	53,82 %