GULES MEK OG LANDBRUKSVERKSTAD AS

5610 ØYSTESE

Finances

Return on Equity

15,89 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 091 000	80 026 000	78 265 000	71 033 000
Net Income	2 825 000	2 062 000	3 304 000	1 745 000
Total Assets	48 832 000	44 033 000	41 877 000	33 580 000
Total Equity	17 774 000	14 950 000	13 388 000	10 584 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 091 000	80 026 000	78 265 000	71 033 000
Expenditure	95 883 000	76 982 000	73 754 000	68 400 000
Operating Profit	4 207 000	3 044 000	4 511 000	2 632 000
Financial Income	12 000	23 000	36 000	46 000
Financial Costs	592 000	419 000	307 000	440 000
Financial Balance	−580 000	−396 000	−271 000	−394 000
Earnings Before Tax	3 627 000	2 648 000	4 240 000	2 239 000
Tax	802 000	586 000	936 000	493 000
Net Income	2 825 000	2 062 000	3 304 000	1 745 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 507 000	11 849 000	11 514 000	7 522 000
Total Current Assets	36 325 000	32 184 000	30 363 000	26 058 000
Total Assets	48 832 000	44 033 000	41 877 000	33 580 000
Total Retained Equity	17 424 000	14 600 000	13 038 000	10 234 000
Total Equity	17 774 000	14 950 000	13 388 000	10 584 000
Total Long-Term Debt	8 429 000	9 145 000	10 032 000	6 692 000
Total Current Debt	22 628 000	19 939 000	18 458 000	16 304 000
Total Equity and Debt	48 832 000	44 033 000	41 877 000	33 580 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 091 000	80 026 000	78 265 000	70 969 000
Other Income	0	0	0	64 000
Revenue	100 091 000	80 026 000	78 265 000	71 033 000
Cost of Goods Sold	81 884 000	65 088 000	62 857 000	58 603 000
Salary Costs	8 802 000	8 258 000	7 433 000	6 920 000
Depreciation	339 000	275 000	279 000	212 000
Impairment	0	0	0	0
Expenditure	95 883 000	76 982 000	73 754 000	68 400 000
Operating Profit	4 207 000	3 044 000	4 511 000	2 632 000
Financial Income	12 000	23 000	36 000	46 000
Financial Costs	592 000	419 000	307 000	440 000
Financial Balance	−580 000	−396 000	−271 000	−394 000
Dividends	0	500 000	500 000	0
Net Income	2 825 000	2 062 000	3 304 000	1 745 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 673 000	11 437 000	10 959 000	6 999 000
Machinery and Plant Facilities	335 000	210 000	290 000	143 000
Fixtures	470 000	203 000	265 000	380 000
Total Tangible Assets	12 477 000	11 849 000	11 514 000	7 522 000
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	12 507 000	11 849 000	11 514 000	7 522 000
Stock	24 889 000	24 220 000	18 772 000	17 557 000
Total Investments	0	0	0	0
Cash, Bank	452 000	4 506 000	7 458 000	4 968 000
Total Current Assets	36 325 000	32 184 000	30 363 000	26 058 000
Total Assets	48 832 000	44 033 000	41 877 000	33 580 000
Total Equity	17 774 000	14 950 000	13 388 000	10 584 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 429 000	9 145 000	10 032 000	6 692 000
Creditors	19 183 000	17 817 000	15 553 000	14 530 000
Unpaid Taxes	704 000	691 000	1 891 000	1 188 000
Dividends	0	500 000	500 000	0
Other Current Debt	1 462 000	834 000	79 000	100 000
Total Current Debt	22 628 000	19 939 000	18 458 000	16 304 000
Total Equity and Debt	48 832 000	44 033 000	41 877 000	33 580 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,89 %	13,79 %	24,68 %	16,49 %
Debt-to-Equity Ratio	0,47	0,61	0,75	0,63
Operating Profit Margin	4,2 %	3,8 %	5,76 %	3,71 %
Current Ratio	1,61	1,61	1,64	1,6
Quick Ratio	−16,07	−7,52	−96,7	−20,8
Equity Ratio	0,36	0,34	0,32	0,32
Gross Profit Margin	18,19 %	18,67 %	19,69 %	17,5 %