SENGEMAKERIET GULLAKSEN MØBLER AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

36,03 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 684 000	12 295 000	13 793 000	11 705 000
Net Income	388 000	318 000	1 283 000	−229 000
Total Assets	2 831 000	2 257 000	3 968 000	2 511 000
Total Equity	1 077 000	690 000	372 000	289 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 684 000	12 295 000	13 793 000	11 705 000
Expenditure	10 089 000	11 791 000	12 019 000	11 884 000
Operating Profit	594 000	504 000	1 773 000	−179 000
Financial Income	16 000	15 000	24 000	11 000
Financial Costs	112 000	108 000	146 000	117 000
Financial Balance	−96 000	−93 000	−122 000	−106 000
Earnings Before Tax	498 000	411 000	1 652 000	−285 000
Tax	111 000	93 000	369 000	−56 000
Net Income	388 000	318 000	1 283 000	−229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	38 000	76 000	199 000
Total Current Assets	2 804 000	2 218 000	3 892 000	2 312 000
Total Assets	2 831 000	2 257 000	3 968 000	2 511 000
Total Retained Equity	977 000	590 000	272 000	189 000
Total Equity	1 077 000	690 000	372 000	289 000
Total Long-Term Debt	0	0	300 000	300 000
Total Current Debt	1 754 000	1 567 000	3 297 000	1 922 000
Total Equity and Debt	2 831 000	2 257 000	3 968 000	2 511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 444 000	12 055 000	13 520 000	11 465 000
Other Income	240 000	240 000	273 000	240 000
Revenue	10 684 000	12 295 000	13 793 000	11 705 000
Cost of Goods Sold	5 801 000	6 902 000	7 299 000	6 731 000
Salary Costs	1 836 000	2 436 000	1 908 000	2 345 000
Depreciation	6 000	40 000	63 000	63 000
Impairment	0	0	0	0
Expenditure	10 089 000	11 791 000	12 019 000	11 884 000
Operating Profit	594 000	504 000	1 773 000	−179 000
Financial Income	16 000	15 000	24 000	11 000
Financial Costs	112 000	108 000	146 000	117 000
Financial Balance	−96 000	−93 000	−122 000	−106 000
Dividends	0	0	1 200 000	0
Net Income	388 000	318 000	1 283 000	−229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	25 000	23 000	82 000
Real Eastate	0	7 000	13 000	19 000
Machinery and Plant Facilities	0	0	33 000	90 000
Fixtures	0	0	0	0
Total Tangible Assets	0	7 000	46 000	109 000
Total Fiancial Fixed Assets	7 000	7 000	7 000	7 000
Total Fixed Assets	27 000	38 000	76 000	199 000
Stock	1 936 000	1 607 000	1 375 000	1 779 000
Total Investments	0	0	0	0
Cash, Bank	572 000	508 000	2 094 000	269 000
Total Current Assets	2 804 000	2 218 000	3 892 000	2 312 000
Total Assets	2 831 000	2 257 000	3 968 000	2 511 000
Total Equity	1 077 000	690 000	372 000	289 000
Short-Term Group Debt	573 000	385 000	385 000	665 000
Total Long-Term Debt	0	0	300 000	300 000
Creditors	475 000	450 000	573 000	534 000
Unpaid Taxes	398 000	376 000	595 000	415 000
Dividends	0	0	1 200 000	0
Other Current Debt	202 000	261 000	234 000	308 000
Total Current Debt	1 754 000	1 567 000	3 297 000	1 922 000
Total Equity and Debt	2 831 000	2 257 000	3 968 000	2 511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,03 %	46,09 %	344,89 %	−79,24 %
Debt-to-Equity Ratio	0	0	0,81	1,04
Operating Profit Margin	5,56 %	4,1 %	12,85 %	−1,53 %
Current Ratio	1,6	1,42	1,18	1,2
Quick Ratio	−15,41	−55,45	2,02	16,17
Equity Ratio	0,38	0,31	0,09	0,12
Gross Profit Margin	45,7 %	43,86 %	47,08 %	42,49 %