GULVSYSTEMER AS

2322 RIDABU

Finances

Share Ownership

Return on Equity

8,7 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 793 000	8 355 000	7 031 000	5 843 000
Net Income	69 000	539 000	41 000	−511 000
Total Assets	1 957 000	1 917 000	2 223 000	1 572 000
Total Equity	793 000	724 000	186 000	145 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 793 000	8 355 000	7 031 000	5 843 000
Expenditure	7 722 000	7 807 000	6 966 000	6 322 000
Operating Profit	71 000	548 000	65 000	−479 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	9 000	25 000	33 000
Financial Balance	−3 000	−9 000	−24 000	−32 000
Earnings Before Tax	69 000	539 000	41 000	−511 000
Tax	0	0	0	0
Net Income	69 000	539 000	41 000	−511 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	174 000	146 000	94 000	160 000
Total Current Assets	1 783 000	1 770 000	2 128 000	1 413 000
Total Assets	1 957 000	1 917 000	2 223 000	1 572 000
Total Retained Equity	693 000	624 000	86 000	45 000
Total Equity	793 000	724 000	186 000	145 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 164 000	1 192 000	2 037 000	1 428 000
Total Equity and Debt	1 957 000	1 917 000	2 223 000	1 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 844 000	8 249 000	7 031 000	5 836 000
Other Income	−51 000	106 000	0	7 000
Revenue	7 793 000	8 355 000	7 031 000	5 843 000
Cost of Goods Sold	2 533 000	3 312 000	3 044 000	2 580 000
Salary Costs	3 969 000	3 483 000	2 880 000	2 642 000
Depreciation	40 000	28 000	29 000	26 000
Impairment	0	0	27 000	0
Expenditure	7 722 000	7 807 000	6 966 000	6 322 000
Operating Profit	71 000	548 000	65 000	−479 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	9 000	25 000	33 000
Financial Balance	−3 000	−9 000	−24 000	−32 000
Dividends	0	0	0	0
Net Income	69 000	539 000	41 000	−511 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	158 000	116 000	80 000	102 000
Total Tangible Assets	158 000	116 000	80 000	102 000
Total Fiancial Fixed Assets	17 000	30 000	14 000	58 000
Total Fixed Assets	174 000	146 000	94 000	160 000
Stock	137 000	215 000	336 000	332 000
Total Investments	0	0	0	0
Cash, Bank	1 282 000	619 000	873 000	123 000
Total Current Assets	1 783 000	1 770 000	2 128 000	1 413 000
Total Assets	1 957 000	1 917 000	2 223 000	1 572 000
Total Equity	793 000	724 000	186 000	145 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	191 000	184 000	676 000	188 000
Unpaid Taxes	357 000	436 000	575 000	354 000
Dividends	0	0	0	0
Other Current Debt	617 000	573 000	786 000	504 000
Total Current Debt	1 164 000	1 192 000	2 037 000	1 428 000
Total Equity and Debt	1 957 000	1 917 000	2 223 000	1 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,7 %	74,45 %	22,04 %	−352,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,91 %	6,56 %	0,92 %	−8,2 %
Current Ratio	1,53	1,48	1,04	0,99
Quick Ratio	1,74	1,81	1,25	1,29
Equity Ratio	0,41	0,38	0,08	0,09
Gross Profit Margin	67,5 %	60,36 %	56,71 %	55,84 %