GULVTECH PROSJEKT AS

1184 OSLO

Finances

Return on Equity

22,42 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 927 000	5 408 000	4 915 000	4 397 000
Net Income	330 000	346 000	1 827 000	475 000
Total Assets	4 919 000	4 639 000	4 378 000	2 484 000
Total Equity	1 472 000	1 151 000	991 000	465 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 927 000	5 408 000	4 915 000	4 397 000
Expenditure	4 222 000	4 304 000	3 647 000	3 673 000
Operating Profit	705 000	1 104 000	1 269 000	725 000
Financial Income	524 000	297 000	1 883 000	−49 000
Financial Costs	744 000	814 000	958 000	42 000
Financial Balance	−220 000	−517 000	925 000	−91 000
Earnings Before Tax	485 000	587 000	2 194 000	634 000
Tax	155 000	242 000	367 000	159 000
Net Income	330 000	346 000	1 827 000	475 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	135 000	135 000	135 000	156 000
Total Current Assets	4 785 000	4 504 000	4 244 000	2 328 000
Total Assets	4 919 000	4 639 000	4 378 000	2 484 000
Total Retained Equity	1 372 000	1 051 000	891 000	365 000
Total Equity	1 472 000	1 151 000	991 000	465 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 448 000	3 488 000	3 387 000	2 019 000
Total Equity and Debt	4 919 000	4 639 000	4 378 000	2 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 927 000	5 410 000	4 915 000	4 397 000
Other Income	0	−2 000	0	0
Revenue	4 927 000	5 408 000	4 915 000	4 397 000
Cost of Goods Sold	3 643 000	3 774 000	3 145 000	3 191 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 222 000	4 304 000	3 647 000	3 673 000
Operating Profit	705 000	1 104 000	1 269 000	725 000
Financial Income	524 000	297 000	1 883 000	−49 000
Financial Costs	744 000	814 000	958 000	42 000
Financial Balance	−220 000	−517 000	925 000	−91 000
Dividends	0	0	1 300 000	0
Net Income	330 000	346 000	1 827 000	475 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	135 000	135 000	135 000	135 000
Total Fixed Assets	135 000	135 000	135 000	156 000
Stock	314 000	144 000	76 000	87 000
Total Investments	3 301 000	3 838 000	3 914 000	1 681 000
Cash, Bank	954 000	334 000	69 000	175 000
Total Current Assets	4 785 000	4 504 000	4 244 000	2 328 000
Total Assets	4 919 000	4 639 000	4 378 000	2 484 000
Total Equity	1 472 000	1 151 000	991 000	465 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	60 000	60 000	70 000	346 000
Unpaid Taxes	83 000	98 000	70 000	0
Dividends	0	0	1 300 000	0
Other Current Debt	3 152 000	3 141 000	2 902 000	1 603 000
Total Current Debt	3 448 000	3 488 000	3 387 000	2 019 000
Total Equity and Debt	4 919 000	4 639 000	4 378 000	2 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,42 %	30,06 %	184,36 %	102,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,31 %	20,41 %	25,82 %	16,49 %
Current Ratio	1,39	1,29	1,25	1,15
Quick Ratio	1,53	1,35	1,28	1,2
Equity Ratio	0,3	0,25	0,23	0,19
Gross Profit Margin	26,06 %	30,21 %	36,01 %	27,43 %