GULLKILDEN AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

−8,41 %

Current Ratio

3,02

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 375 000	4 454 000	4 465 000	7 879 000
Net Income	−310 000	163 000	−264 000	−347 000
Total Assets	5 536 000	5 737 000	6 232 000	6 236 000
Total Equity	3 687 000	3 997 000	3 834 000	4 098 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 375 000	4 454 000	4 465 000	7 879 000
Expenditure	5 014 000	4 956 000	4 746 000	8 278 000
Operating Profit	−639 000	−503 000	−282 000	−398 000
Financial Income	229 000	605 000	3 000	36 000
Financial Costs	49 000	64 000	60 000	80 000
Financial Balance	180 000	541 000	−57 000	−44 000
Earnings Before Tax	−460 000	39 000	−338 000	−442 000
Tax	−150 000	−124 000	−74 000	−95 000
Net Income	−310 000	163 000	−264 000	−347 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	893 000	925 000	995 000	1 108 000
Total Current Assets	4 643 000	4 813 000	5 237 000	5 128 000
Total Assets	5 536 000	5 737 000	6 232 000	6 236 000
Total Retained Equity	2 107 000	2 417 000	2 254 000	2 518 000
Total Equity	3 687 000	3 997 000	3 834 000	4 098 000
Total Long-Term Debt	313 000	424 000	855 000	984 000
Total Current Debt	1 535 000	1 316 000	1 542 000	1 154 000
Total Equity and Debt	5 536 000	5 737 000	6 232 000	6 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 375 000	4 454 000	4 465 000	7 879 000
Other Income	0	0	0	0
Revenue	4 375 000	4 454 000	4 465 000	7 879 000
Cost of Goods Sold	1 592 000	1 785 000	1 849 000	3 846 000
Salary Costs	2 050 000	1 912 000	1 545 000	2 850 000
Depreciation	182 000	193 000	188 000	44 000
Impairment	0	0	0	0
Expenditure	5 014 000	4 956 000	4 746 000	8 278 000
Operating Profit	−639 000	−503 000	−282 000	−398 000
Financial Income	229 000	605 000	3 000	36 000
Financial Costs	49 000	64 000	60 000	80 000
Financial Balance	180 000	541 000	−57 000	−44 000
Dividends	0	0	0	0
Net Income	−310 000	163 000	−264 000	−347 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	573 000	423 000	299 000	225 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	320 000	502 000	696 000	883 000
Total Tangible Assets	320 000	502 000	696 000	883 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	893 000	925 000	995 000	1 108 000
Stock	4 257 000	4 420 000	4 509 000	4 454 000
Total Investments	30 000	102 000	300 000	300 000
Cash, Bank	224 000	140 000	226 000	141 000
Total Current Assets	4 643 000	4 813 000	5 237 000	5 128 000
Total Assets	5 536 000	5 737 000	6 232 000	6 236 000
Total Equity	3 687 000	3 997 000	3 834 000	4 098 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	313 000	424 000	855 000	984 000
Creditors	256 000	213 000	356 000	680 000
Unpaid Taxes	311 000	292 000	286 000	226 000
Dividends	0	0	0	0
Other Current Debt	254 000	190 000	166 000	248 000
Total Current Debt	1 535 000	1 316 000	1 542 000	1 154 000
Total Equity and Debt	5 536 000	5 737 000	6 232 000	6 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,41 %	4,08 %	−6,89 %	−8,47 %
Debt-to-Equity Ratio	0,08	0,11	0,22	0,24
Operating Profit Margin	−14,61 %	−11,29 %	−6,32 %	−5,05 %
Current Ratio	3,02	3,66	3,4	4,44
Quick Ratio	−1,71	−1,55	−1,77	−1,55
Equity Ratio	0,67	0,7	0,62	0,66
Gross Profit Margin	63,61 %	59,92 %	58,59 %	51,19 %