GULLSMED & URMAKAR H BRÆNDMO & JANNICKE PETTERSEN AS

6800 FØRDE

Finances

Return on Equity

3,97 %

Current Ratio

3,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 647 000	8 676 000	7 490 000	6 429 000
Net Income	164 000	443 000	694 000	2 000
Total Assets	5 432 000	6 145 000	5 817 000	4 722 000
Total Equity	4 126 000	3 962 000	3 519 000	2 825 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 647 000	8 676 000	7 490 000	6 429 000
Expenditure	8 387 000	8 080 000	6 539 000	6 326 000
Operating Profit	260 000	596 000	951 000	104 000
Financial Income	0	−4 000	0	0
Financial Costs	50 000	24 000	61 000	101 000
Financial Balance	−50 000	−28 000	−61 000	−101 000
Earnings Before Tax	210 000	567 000	890 000	2 000
Tax	46 000	125 000	196 000	1 000
Net Income	164 000	443 000	694 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	384 000	514 000	583 000	709 000
Total Current Assets	5 048 000	5 630 000	5 234 000	4 012 000
Total Assets	5 432 000	6 145 000	5 817 000	4 722 000
Total Retained Equity	3 476 000	3 312 000	2 869 000	2 175 000
Total Equity	4 126 000	3 962 000	3 519 000	2 825 000
Total Long-Term Debt	0	207 000	560 000	796 000
Total Current Debt	1 306 000	1 976 000	1 738 000	1 100 000
Total Equity and Debt	5 432 000	6 145 000	5 817 000	4 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 647 000	8 676 000	7 490 000	6 429 000
Other Income	0	0	0	0
Revenue	8 647 000	8 676 000	7 490 000	6 429 000
Cost of Goods Sold	3 617 000	3 657 000	2 898 000	2 944 000
Salary Costs	3 479 000	3 340 000	2 636 000	2 271 000
Depreciation	173 000	165 000	149 000	139 000
Impairment	0	0	0	0
Expenditure	8 387 000	8 080 000	6 539 000	6 326 000
Operating Profit	260 000	596 000	951 000	104 000
Financial Income	0	−4 000	0	0
Financial Costs	50 000	24 000	61 000	101 000
Financial Balance	−50 000	−28 000	−61 000	−101 000
Dividends	0	0	0	0
Net Income	164 000	443 000	694 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	115 000	130 000	101 000	102 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	269 000	384 000	482 000	608 000
Total Tangible Assets	269 000	384 000	482 000	608 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	384 000	514 000	583 000	709 000
Stock	4 617 000	4 435 000	3 845 000	3 663 000
Total Investments	30 000	30 000	30 000	30 000
Cash, Bank	358 000	1 073 000	1 331 000	272 000
Total Current Assets	5 048 000	5 630 000	5 234 000	4 012 000
Total Assets	5 432 000	6 145 000	5 817 000	4 722 000
Total Equity	4 126 000	3 962 000	3 519 000	2 825 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	207 000	560 000	796 000
Creditors	297 000	429 000	487 000	350 000
Unpaid Taxes	551 000	660 000	648 000	476 000
Dividends	0	0	0	0
Other Current Debt	397 000	743 000	438 000	274 000
Total Current Debt	1 306 000	1 976 000	1 738 000	1 100 000
Total Equity and Debt	5 432 000	6 145 000	5 817 000	4 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,97 %	11,18 %	19,72 %	0,07 %
Debt-to-Equity Ratio	0	0,05	0,16	0,28
Operating Profit Margin	3,01 %	6,87 %	12,7 %	1,62 %
Current Ratio	3,87	2,85	3,01	3,65
Quick Ratio	−1,52	−2,29	−2,48	−1,57
Equity Ratio	0,76	0,64	0,6	0,6
Gross Profit Margin	58,17 %	57,85 %	61,31 %	54,21 %