GULLSMED SVEIN STRANDE AS

6413 MOLDE

Finances

Return on Equity

11,92 %

Current Ratio

5,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 256 000	5 971 000	4 465 000	5 172 000
Net Income	696 000	1 301 000	668 000	391 000
Total Assets	7 163 000	7 013 000	5 631 000	5 017 000
Total Equity	5 839 000	5 344 000	4 242 000	3 974 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 256 000	5 971 000	4 465 000	5 172 000
Expenditure	4 438 000	4 306 000	3 619 000	4 699 000
Operating Profit	819 000	1 665 000	847 000	473 000
Financial Income	74 000	3 000	10 000	28 000
Financial Costs	1 000	0	0	0
Financial Balance	73 000	3 000	10 000	28 000
Earnings Before Tax	892 000	1 668 000	857 000	501 000
Tax	196 000	367 000	188 000	110 000
Net Income	696 000	1 301 000	668 000	391 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	84 000	46 000	57 000	51 000
Total Current Assets	7 080 000	6 968 000	5 574 000	4 966 000
Total Assets	7 163 000	7 013 000	5 631 000	5 017 000
Total Retained Equity	5 639 000	5 144 000	4 042 000	3 774 000
Total Equity	5 839 000	5 344 000	4 242 000	3 974 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 324 000	1 670 000	1 389 000	1 043 000
Total Equity and Debt	7 163 000	7 013 000	5 631 000	5 017 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 256 000	5 971 000	4 448 000	5 172 000
Other Income	0	0	17 000	0
Revenue	5 256 000	5 971 000	4 465 000	5 172 000
Cost of Goods Sold	1 730 000	1 679 000	1 346 000	2 104 000
Salary Costs	1 997 000	1 971 000	1 641 000	1 847 000
Depreciation	0	0	0	2 000
Impairment	0	0	0	0
Expenditure	4 438 000	4 306 000	3 619 000	4 699 000
Operating Profit	819 000	1 665 000	847 000	473 000
Financial Income	74 000	3 000	10 000	28 000
Financial Costs	1 000	0	0	0
Financial Balance	73 000	3 000	10 000	28 000
Dividends	200 000	200 000	200 000	0
Net Income	696 000	1 301 000	668 000	391 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	83 000	45 000	56 000	50 000
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	1 000	1 000	1 000	1 000
Total Fixed Assets	84 000	46 000	57 000	51 000
Stock	1 759 000	1 894 000	1 546 000	1 391 000
Total Investments	0	0	0	0
Cash, Bank	5 302 000	5 063 000	3 995 000	3 557 000
Total Current Assets	7 080 000	6 968 000	5 574 000	4 966 000
Total Assets	7 163 000	7 013 000	5 631 000	5 017 000
Total Equity	5 839 000	5 344 000	4 242 000	3 974 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	166 000	148 000	241 000	219 000
Unpaid Taxes	353 000	581 000	406 000	370 000
Dividends	200 000	200 000	200 000	0
Other Current Debt	371 000	385 000	348 000	331 000
Total Current Debt	1 324 000	1 670 000	1 389 000	1 043 000
Total Equity and Debt	7 163 000	7 013 000	5 631 000	5 017 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,92 %	24,35 %	15,75 %	9,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,58 %	27,88 %	18,97 %	9,15 %
Current Ratio	5,35	4,17	4,01	4,76
Quick Ratio	−16,28	−31,11	−35,5	−14,27
Equity Ratio	0,82	0,76	0,75	0,79
Gross Profit Margin	67,09 %	71,88 %	69,85 %	59,32 %