GULLSMED ADOLF RUUD AS

3014 DRAMMEN

Finances

Share Ownership

Return on Equity

16,92 %

Current Ratio

3,91

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 216 000	5 760 000	5 202 000	4 460 000
Net Income	627 000	811 000	679 000	231 000
Total Assets	5 346 000	5 026 000	4 378 000	3 985 000
Total Equity	3 706 000	3 079 000	2 268 000	1 589 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 216 000	5 760 000	5 202 000	4 460 000
Expenditure	5 371 000	4 687 000	4 294 000	4 132 000
Operating Profit	845 000	1 072 000	908 000	329 000
Financial Income	0	0	0	0
Financial Costs	30 000	30 000	38 000	66 000
Financial Balance	−30 000	−30 000	−38 000	−66 000
Earnings Before Tax	815 000	1 042 000	870 000	263 000
Tax	188 000	231 000	192 000	31 000
Net Income	627 000	811 000	679 000	231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	7 000	25 000	32 000
Total Current Assets	5 343 000	5 019 000	4 354 000	3 952 000
Total Assets	5 346 000	5 026 000	4 378 000	3 985 000
Total Retained Equity	3 606 000	2 979 000	2 168 000	1 489 000
Total Equity	3 706 000	3 079 000	2 268 000	1 589 000
Total Long-Term Debt	272 000	482 000	909 000	1 109 000
Total Current Debt	1 367 000	1 465 000	1 202 000	1 287 000
Total Equity and Debt	5 346 000	5 026 000	4 378 000	3 985 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 113 000	5 654 000	5 150 000	4 501 000
Other Income	103 000	105 000	51 000	−40 000
Revenue	6 216 000	5 760 000	5 202 000	4 460 000
Cost of Goods Sold	2 954 000	2 551 000	2 487 000	2 082 000
Salary Costs	1 588 000	1 360 000	1 043 000	1 134 000
Depreciation	4 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	5 371 000	4 687 000	4 294 000	4 132 000
Operating Profit	845 000	1 072 000	908 000	329 000
Financial Income	0	0	0	0
Financial Costs	30 000	30 000	38 000	66 000
Financial Balance	−30 000	−30 000	−38 000	−66 000
Dividends	0	0	0	0
Net Income	627 000	811 000	679 000	231 000

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	3 000	7 000	15 000	22 000
Total Tangible Assets	3 000	7 000	15 000	22 000
Total Fiancial Fixed Assets	0	0	10 000	10 000
Total Fixed Assets	3 000	7 000	25 000	32 000
Stock	5 007 000	4 625 000	4 070 000	3 812 000
Total Investments	0	0	0	0
Cash, Bank	255 000	318 000	193 000	79 000
Total Current Assets	5 343 000	5 019 000	4 354 000	3 952 000
Total Assets	5 346 000	5 026 000	4 378 000	3 985 000
Total Equity	3 706 000	3 079 000	2 268 000	1 589 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	272 000	482 000	909 000	1 109 000
Creditors	302 000	201 000	207 000	228 000
Unpaid Taxes	404 000	515 000	387 000	306 000
Dividends	0	0	0	0
Other Current Debt	475 000	510 000	420 000	403 000
Total Current Debt	1 367 000	1 465 000	1 202 000	1 287 000
Total Equity and Debt	5 346 000	5 026 000	4 378 000	3 985 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,92 %	26,34 %	29,94 %	14,54 %
Debt-to-Equity Ratio	0,07	0,16	0,4	0,7
Operating Profit Margin	13,59 %	18,61 %	17,45 %	7,38 %
Current Ratio	3,91	3,43	3,62	3,07
Quick Ratio	−1,47	−1,59	−1,52	−1,57
Equity Ratio	0,69	0,61	0,52	0,4
Gross Profit Margin	52,48 %	55,71 %	52,19 %	53,32 %