GULLRØNNING H G RØNNING AS

3110 TØNSBERG

Finances

Return on Equity

20,54 %

Current Ratio

4,79

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 904 000	17 041 000	15 636 000	15 231 000
Net Income	1 623 000	1 820 000	1 597 000	752 000
Total Assets	14 858 000	14 496 000	11 880 000	10 278 000
Total Equity	7 902 000	6 298 000	4 498 000	2 956 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 904 000	17 041 000	15 636 000	15 231 000
Expenditure	16 697 000	14 592 000	13 500 000	14 109 000
Operating Profit	2 207 000	2 449 000	2 136 000	1 122 000
Financial Income	16 000	11 000	10 000	1 000
Financial Costs	142 000	127 000	251 000	308 000
Financial Balance	−126 000	−116 000	−241 000	−307 000
Earnings Before Tax	2 081 000	2 333 000	1 896 000	815 000
Tax	458 000	513 000	299 000	64 000
Net Income	1 623 000	1 820 000	1 597 000	752 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 946 000	3 074 000	3 325 000	3 440 000
Total Current Assets	11 912 000	11 421 000	8 555 000	6 838 000
Total Assets	14 858 000	14 496 000	11 880 000	10 278 000
Total Retained Equity	6 302 000	4 698 000	2 898 000	1 356 000
Total Equity	7 902 000	6 298 000	4 498 000	2 956 000
Total Long-Term Debt	4 469 000	5 470 000	3 687 000	4 409 000
Total Current Debt	2 488 000	2 728 000	3 695 000	2 914 000
Total Equity and Debt	14 858 000	14 496 000	11 880 000	10 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 892 000	16 916 000	15 475 000	15 212 000
Other Income	11 000	126 000	160 000	19 000
Revenue	18 904 000	17 041 000	15 636 000	15 231 000
Cost of Goods Sold	10 198 000	8 643 000	7 990 000	8 006 000
Salary Costs	3 721 000	3 420 000	3 230 000	3 677 000
Depreciation	151 000	171 000	201 000	202 000
Impairment	0	0	0	0
Expenditure	16 697 000	14 592 000	13 500 000	14 109 000
Operating Profit	2 207 000	2 449 000	2 136 000	1 122 000
Financial Income	16 000	11 000	10 000	1 000
Financial Costs	142 000	127 000	251 000	308 000
Financial Balance	−126 000	−116 000	−241 000	−307 000
Dividends	0	0	0	0
Net Income	1 623 000	1 820 000	1 597 000	752 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	236 000	213 000	314 000	278 000
Real Eastate	327 000	468 000	609 000	751 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	32 000	42 000	51 000
Total Tangible Assets	350 000	500 000	651 000	801 000
Total Fiancial Fixed Assets	2 361 000	2 361 000	2 361 000	2 361 000
Total Fixed Assets	2 946 000	3 074 000	3 325 000	3 440 000
Stock	9 071 000	8 088 000	7 039 000	6 189 000
Total Investments	0	0	0	0
Cash, Bank	2 813 000	3 098 000	1 249 000	470 000
Total Current Assets	11 912 000	11 421 000	8 555 000	6 838 000
Total Assets	14 858 000	14 496 000	11 880 000	10 278 000
Total Equity	7 902 000	6 298 000	4 498 000	2 956 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 469 000	5 470 000	3 687 000	4 409 000
Creditors	554 000	815 000	1 146 000	628 000
Unpaid Taxes	864 000	996 000	855 000	916 000
Dividends	0	0	0	0
Other Current Debt	595 000	489 000	560 000	565 000
Total Current Debt	2 488 000	2 728 000	3 695 000	2 914 000
Total Equity and Debt	14 858 000	14 496 000	11 880 000	10 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,54 %	28,9 %	35,5 %	25,44 %
Debt-to-Equity Ratio	0,57	0,87	0,82	1,49
Operating Profit Margin	11,67 %	14,37 %	13,66 %	7,37 %
Current Ratio	4,79	4,19	2,32	2,35
Quick Ratio	−1,81	−2,13	−2,56	−2,09
Equity Ratio	0,53	0,43	0,38	0,29
Gross Profit Margin	46,05 %	49,28 %	48,9 %	47,44 %