GULLSMED A G HAAKONSEN AS

3210 SANDEFJORD

Finances

Share Ownership

Return on Equity

11,58 %

Current Ratio

3,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 626 000	11 827 000	11 615 000	11 889 000
Net Income	980 000	1 287 000	1 761 000	524 000
Total Assets	11 169 000	11 505 000	11 855 000	11 013 000
Total Equity	8 464 000	8 084 000	7 747 000	6 986 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 626 000	11 827 000	11 615 000	11 889 000
Expenditure	10 348 000	10 121 000	9 340 000	11 120 000
Operating Profit	1 278 000	1 706 000	2 275 000	769 000
Financial Income	56 000	24 000	82 000	19 000
Financial Costs	77 000	77 000	91 000	116 000
Financial Balance	−21 000	−53 000	−9 000	−97 000
Earnings Before Tax	1 257 000	1 653 000	2 266 000	672 000
Tax	276 000	365 000	505 000	148 000
Net Income	980 000	1 287 000	1 761 000	524 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	554 000	955 000	1 353 000	1 740 000
Total Current Assets	10 615 000	10 550 000	10 501 000	9 273 000
Total Assets	11 169 000	11 505 000	11 855 000	11 013 000
Total Retained Equity	6 754 000	6 374 000	6 037 000	5 276 000
Total Equity	8 464 000	8 084 000	7 747 000	6 986 000
Total Long-Term Debt	0	333 000	778 000	1 222 000
Total Current Debt	2 704 000	3 088 000	3 330 000	2 805 000
Total Equity and Debt	11 169 000	11 505 000	11 855 000	11 013 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 626 000	11 827 000	11 615 000	11 889 000
Other Income	0	0	0	0
Revenue	11 626 000	11 827 000	11 615 000	11 889 000
Cost of Goods Sold	5 150 000	5 140 000	4 633 000	5 967 000
Salary Costs	2 869 000	2 785 000	2 398 000	2 834 000
Depreciation	427 000	431 000	424 000	440 000
Impairment	0	0	0	0
Expenditure	10 348 000	10 121 000	9 340 000	11 120 000
Operating Profit	1 278 000	1 706 000	2 275 000	769 000
Financial Income	56 000	24 000	82 000	19 000
Financial Costs	77 000	77 000	91 000	116 000
Financial Balance	−21 000	−53 000	−9 000	−97 000
Dividends	600 000	950 000	1 000 000	500 000
Net Income	980 000	1 287 000	1 761 000	524 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	282 000	314 000	344 000	361 000
Real Eastate	154 000	329 000	504 000	679 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	117 000	311 000	505 000	699 000
Total Tangible Assets	271 000	640 000	1 009 000	1 379 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	554 000	955 000	1 353 000	1 740 000
Stock	8 301 000	8 467 000	7 874 000	7 246 000
Total Investments	0	0	0	0
Cash, Bank	2 180 000	1 964 000	2 398 000	1 524 000
Total Current Assets	10 615 000	10 550 000	10 501 000	9 273 000
Total Assets	11 169 000	11 505 000	11 855 000	11 013 000
Total Equity	8 464 000	8 084 000	7 747 000	6 986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	333 000	778 000	1 222 000
Creditors	254 000	751 000	389 000	649 000
Unpaid Taxes	709 000	662 000	857 000	736 000
Dividends	600 000	950 000	1 000 000	500 000
Other Current Debt	1 438 000	1 277 000	1 542 000	1 294 000
Total Current Debt	2 704 000	3 088 000	3 330 000	2 805 000
Total Equity and Debt	11 169 000	11 505 000	11 855 000	11 013 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,58 %	15,92 %	22,73 %	7,5 %
Debt-to-Equity Ratio	0	0,04	0,1	0,17
Operating Profit Margin	10,99 %	14,42 %	19,59 %	6,47 %
Current Ratio	3,93	3,42	3,15	3,31
Quick Ratio	−1,9	−1,96	−2,31	−2,09
Equity Ratio	0,76	0,7	0,65	0,63
Gross Profit Margin	55,7 %	56,54 %	60,11 %	49,81 %