GULLSMED BJØRGUM AS

5600 NORHEIMSUND

Finances

Return on Equity

9,43 %

Current Ratio

3,43

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 418 000	3 174 000	3 092 000	2 899 000
Net Income	138 000	170 000	198 000	34 000
Total Assets	2 885 000	2 934 000	2 813 000	2 649 000
Total Equity	1 464 000	1 326 000	1 155 000	957 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 418 000	3 174 000	3 092 000	2 899 000
Expenditure	3 217 000	2 924 000	2 807 000	2 816 000
Operating Profit	200 000	250 000	286 000	84 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	25 000	32 000	32 000	40 000
Financial Balance	−24 000	−31 000	−31 000	−40 000
Earnings Before Tax	177 000	219 000	255 000	43 000
Tax	39 000	49 000	57 000	10 000
Net Income	138 000	170 000	198 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	451 000	507 000	574 000	642 000
Total Current Assets	2 433 000	2 428 000	2 240 000	2 007 000
Total Assets	2 885 000	2 934 000	2 813 000	2 649 000
Total Retained Equity	1 364 000	1 226 000	1 055 000	857 000
Total Equity	1 464 000	1 326 000	1 155 000	957 000
Total Long-Term Debt	711 000	848 000	966 000	997 000
Total Current Debt	710 000	761 000	692 000	695 000
Total Equity and Debt	2 885 000	2 934 000	2 813 000	2 649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 248 000	2 994 000	2 945 000	2 725 000
Other Income	170 000	180 000	147 000	174 000
Revenue	3 418 000	3 174 000	3 092 000	2 899 000
Cost of Goods Sold	1 542 000	1 434 000	1 452 000	1 371 000
Salary Costs	913 000	857 000	775 000	838 000
Depreciation	61 000	73 000	75 000	75 000
Impairment	0	0	0	0
Expenditure	3 217 000	2 924 000	2 807 000	2 816 000
Operating Profit	200 000	250 000	286 000	84 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	25 000	32 000	32 000	40 000
Financial Balance	−24 000	−31 000	−31 000	−40 000
Dividends	0	0	0	0
Net Income	138 000	170 000	198 000	34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	96 000	90 000	83 000	76 000
Real Eastate	281 000	322 000	362 000	403 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	58 000	78 000	110 000	144 000
Total Tangible Assets	338 000	400 000	472 000	547 000
Total Fiancial Fixed Assets	17 000	17 000	19 000	19 000
Total Fixed Assets	451 000	507 000	574 000	642 000
Stock	1 909 000	1 890 000	1 923 000	1 786 000
Total Investments	0	0	0	0
Cash, Bank	398 000	445 000	243 000	120 000
Total Current Assets	2 433 000	2 428 000	2 240 000	2 007 000
Total Assets	2 885 000	2 934 000	2 813 000	2 649 000
Total Equity	1 464 000	1 326 000	1 155 000	957 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	711 000	848 000	966 000	997 000
Creditors	228 000	263 000	159 000	240 000
Unpaid Taxes	231 000	190 000	194 000	164 000
Dividends	0	0	0	0
Other Current Debt	207 000	251 000	276 000	275 000
Total Current Debt	710 000	761 000	692 000	695 000
Total Equity and Debt	2 885 000	2 934 000	2 813 000	2 649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,43 %	12,82 %	17,14 %	3,55 %
Debt-to-Equity Ratio	0,49	0,64	0,84	1,04
Operating Profit Margin	5,85 %	7,88 %	9,25 %	2,9 %
Current Ratio	3,43	3,19	3,24	2,89
Quick Ratio	−2,03	−2,15	−1,82	−1,84
Equity Ratio	0,51	0,45	0,41	0,36
Gross Profit Margin	54,89 %	54,82 %	53,04 %	52,71 %