GYLDENLØWE KUNSTHANDEL AS

1153 OSLO

Finances

Return on Equity

−13,54 %

Current Ratio

7,52

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 937 000	1 870 000	1 949 000	2 213 000
Net Income	−78 000	−44 000	121 000	105 000
Total Assets	810 000	883 000	1 061 000	1 032 000
Total Equity	576 000	654 000	698 000	577 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 937 000	1 870 000	1 949 000	2 213 000
Expenditure	2 006 000	1 909 000	1 813 000	2 104 000
Operating Profit	−69 000	−39 000	136 000	110 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	11 000	13 000	8 000	5 000
Financial Balance	−9 000	−12 000	−8 000	−4 000
Earnings Before Tax	−78 000	−51 000	127 000	105 000
Tax	0	−7 000	7 000	0
Net Income	−78 000	−44 000	121 000	105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	126 000	207 000	287 000	348 000
Total Current Assets	684 000	677 000	774 000	684 000
Total Assets	810 000	883 000	1 061 000	1 032 000
Total Retained Equity	176 000	254 000	298 000	177 000
Total Equity	576 000	654 000	698 000	577 000
Total Long-Term Debt	143 000	191 000	249 000	313 000
Total Current Debt	91 000	38 000	114 000	142 000
Total Equity and Debt	810 000	883 000	1 061 000	1 032 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 937 000	1 870 000	1 949 000	2 093 000
Other Income	0	0	0	120 000
Revenue	1 937 000	1 870 000	1 949 000	2 213 000
Cost of Goods Sold	426 000	472 000	487 000	683 000
Salary Costs	443 000	347 000	275 000	417 000
Depreciation	81 000	81 000	95 000	46 000
Impairment	0	0	0	0
Expenditure	2 006 000	1 909 000	1 813 000	2 104 000
Operating Profit	−69 000	−39 000	136 000	110 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	11 000	13 000	8 000	5 000
Financial Balance	−9 000	−12 000	−8 000	−4 000
Dividends	0	0	0	0
Net Income	−78 000	−44 000	121 000	105 000

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	126 000	207 000	287 000	346 000
Total Tangible Assets	126 000	207 000	287 000	346 000
Total Fiancial Fixed Assets	0	0	0	2 000
Total Fixed Assets	126 000	207 000	287 000	348 000
Stock	402 000	397 000	338 000	370 000
Total Investments	2 000	2 000	2 000	0
Cash, Bank	244 000	274 000	260 000	167 000
Total Current Assets	684 000	677 000	774 000	684 000
Total Assets	810 000	883 000	1 061 000	1 032 000
Total Equity	576 000	654 000	698 000	577 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	143 000	191 000	249 000	313 000
Creditors	−5 000	28 000	48 000	88 000
Unpaid Taxes	24 000	29 000	36 000	18 000
Dividends	0	0	0	0
Other Current Debt	72 000	−19 000	30 000	35 000
Total Current Debt	91 000	38 000	114 000	142 000
Total Equity and Debt	810 000	883 000	1 061 000	1 032 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,54 %	−6,73 %	17,34 %	18,2 %
Debt-to-Equity Ratio	0,25	0,29	0,36	0,54
Operating Profit Margin	−3,56 %	−2,09 %	6,98 %	4,97 %
Current Ratio	7,52	17,82	6,79	4,82
Quick Ratio	−2,2	−1,89	−3,46	−3
Equity Ratio	0,71	0,74	0,66	0,56
Gross Profit Margin	78,01 %	74,76 %	75,01 %	69,14 %