GOLF BUTIKKEN AS

3721 SKIEN

Finances

Share Ownership

Return on Equity

41,97 %

Current Ratio

3,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 771 000	20 214 000	20 279 000	15 192 000
Net Income	1 998 000	1 309 000	1 436 000	168 000
Total Assets	6 641 000	3 902 000	3 815 000	4 225 000
Total Equity	4 761 000	3 164 000	2 855 000	1 619 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 771 000	20 214 000	20 279 000	15 192 000
Expenditure	19 198 000	18 528 000	18 394 000	14 978 000
Operating Profit	2 573 000	1 686 000	1 885 000	215 000
Financial Income	−8 000	0	13 000	9 000
Financial Costs	−1 000	9 000	13 000	2 000
Financial Balance	−7 000	−9 000	0	7 000
Earnings Before Tax	2 566 000	1 678 000	1 885 000	222 000
Tax	569 000	369 000	449 000	54 000
Net Income	1 998 000	1 309 000	1 436 000	168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	103 000	0	5 000
Total Current Assets	6 641 000	3 798 000	3 815 000	4 220 000
Total Assets	6 641 000	3 902 000	3 815 000	4 225 000
Total Retained Equity	4 661 000	3 064 000	2 755 000	1 519 000
Total Equity	4 761 000	3 164 000	2 855 000	1 619 000
Total Long-Term Debt	0	2 000	0	4 000
Total Current Debt	1 880 000	735 000	960 000	2 602 000
Total Equity and Debt	6 641 000	3 902 000	3 815 000	4 225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 731 000	20 088 000	19 675 000	15 069 000
Other Income	40 000	125 000	605 000	123 000
Revenue	21 771 000	20 214 000	20 279 000	15 192 000
Cost of Goods Sold	15 547 000	15 700 000	15 744 000	11 952 000
Salary Costs	2 545 000	1 797 000	1 524 000	1 877 000
Depreciation	16 000	16 000	15 000	32 000
Impairment	0	0	0	0
Expenditure	19 198 000	18 528 000	18 394 000	14 978 000
Operating Profit	2 573 000	1 686 000	1 885 000	215 000
Financial Income	−8 000	0	13 000	9 000
Financial Costs	−1 000	9 000	13 000	2 000
Financial Balance	−7 000	−9 000	0	7 000
Dividends	400 000	1 000 000	200 000	200 000
Net Income	1 998 000	1 309 000	1 436 000	168 000

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	0	103 000	0	5 000
Total Tangible Assets	0	103 000	0	5 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	103 000	0	5 000
Stock	3 284 000	1 696 000	1 004 000	1 409 000
Total Investments	0	0	0	0
Cash, Bank	2 619 000	1 808 000	2 440 000	998 000
Total Current Assets	6 641 000	3 798 000	3 815 000	4 220 000
Total Assets	6 641 000	3 902 000	3 815 000	4 225 000
Total Equity	4 761 000	3 164 000	2 855 000	1 619 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	0	4 000
Creditors	265 000	30 000	48 000	137 000
Unpaid Taxes	116 000	42 000	40 000	167 000
Dividends	400 000	1 000 000	200 000	200 000
Other Current Debt	928 000	297 000	219 000	2 237 000
Total Current Debt	1 880 000	735 000	960 000	2 602 000
Total Equity and Debt	6 641 000	3 902 000	3 815 000	4 225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,97 %	41,37 %	50,3 %	10,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,82 %	8,34 %	9,3 %	1,42 %
Current Ratio	3,53	5,17	3,97	1,62
Quick Ratio	−4,73	−3,95	−86,7	3,54
Equity Ratio	0,72	0,81	0,75	0,38
Gross Profit Margin	28,59 %	22,33 %	22,36 %	21,33 %