GULLESTAD EIENDOM AS

4325 SANDNES

Finances

Return on Equity

8,16 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 781 000	7 780 000	2 828 000	2 483 000
Net Income	1 197 000	1 061 000	715 000	1 574 000
Total Assets	21 014 000	25 779 000	21 491 000	23 612 000
Total Equity	14 678 000	14 681 000	14 620 000	14 604 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 781 000	7 780 000	2 828 000	2 483 000
Expenditure	6 090 000	6 313 000	1 749 000	1 557 000
Operating Profit	1 691 000	1 468 000	1 079 000	926 000
Financial Income	3 000	3 000	4 000	1 008 000
Financial Costs	159 000	110 000	145 000	189 000
Financial Balance	−156 000	−107 000	−141 000	819 000
Earnings Before Tax	1 535 000	1 361 000	937 000	1 745 000
Tax	338 000	300 000	222 000	171 000
Net Income	1 197 000	1 061 000	715 000	1 574 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 088 000	18 809 000	19 561 000	20 038 000
Total Current Assets	2 925 000	6 970 000	1 929 000	3 573 000
Total Assets	21 014 000	25 779 000	21 491 000	23 612 000
Total Retained Equity	14 578 000	14 581 000	14 520 000	14 504 000
Total Equity	14 678 000	14 681 000	14 620 000	14 604 000
Total Long-Term Debt	4 274 000	4 683 000	5 084 000	5 468 000
Total Current Debt	2 062 000	6 415 000	1 787 000	3 539 000
Total Equity and Debt	21 014 000	25 779 000	21 491 000	23 612 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 523 000	4 877 000	0	0
Other Income	3 258 000	2 904 000	2 828 000	2 483 000
Revenue	7 781 000	7 780 000	2 828 000	2 483 000
Cost of Goods Sold	5 116 000	5 053 000	603 000	0
Salary Costs	0	0	0	0
Depreciation	793 000	787 000	774 000	757 000
Impairment	0	0	0	0
Expenditure	6 090 000	6 313 000	1 749 000	1 557 000
Operating Profit	1 691 000	1 468 000	1 079 000	926 000
Financial Income	3 000	3 000	4 000	1 008 000
Financial Costs	159 000	110 000	145 000	189 000
Financial Balance	−156 000	−107 000	−141 000	819 000
Dividends	1 200 000	1 000 000	700 000	2 500 000
Net Income	1 197 000	1 061 000	715 000	1 574 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 727 000	18 458 000	19 236 000	19 783 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	98 000	88 000	70 000	0
Total Tangible Assets	17 826 000	18 547 000	19 306 000	19 783 000
Total Fiancial Fixed Assets	263 000	263 000	255 000	255 000
Total Fixed Assets	18 088 000	18 809 000	19 561 000	20 038 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 274 000	220 000	1 787 000	658 000
Total Current Assets	2 925 000	6 970 000	1 929 000	3 573 000
Total Assets	21 014 000	25 779 000	21 491 000	23 612 000
Total Equity	14 678 000	14 681 000	14 620 000	14 604 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 274 000	4 683 000	5 084 000	5 468 000
Creditors	45 000	1 737 000	193 000	36 000
Unpaid Taxes	160 000	874 000	46 000	82 000
Dividends	1 200 000	1 000 000	700 000	2 500 000
Other Current Debt	289 000	2 484 000	622 000	849 000
Total Current Debt	2 062 000	6 415 000	1 787 000	3 539 000
Total Equity and Debt	21 014 000	25 779 000	21 491 000	23 612 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,16 %	7,23 %	4,89 %	10,78 %
Debt-to-Equity Ratio	0,29	0,32	0,35	0,37
Operating Profit Margin	21,73 %	18,87 %	38,15 %	37,29 %
Current Ratio	1,42	1,09	1,08	1,01
Quick Ratio	1,42	1,09	1,08	1,01
Equity Ratio	0,7	0,57	0,68	0,62
Gross Profit Margin	34,25 %	35,05 %	78,68 %	100 %