GULLSMED KRISTIANSEN AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

1,98 %

Current Ratio

8,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 221 000	6 760 000	7 141 000	7 339 000
Net Income	163 000	90 000	368 000	82 000
Total Assets	9 116 000	8 890 000	9 228 000	8 547 000
Total Equity	8 223 000	8 061 000	7 971 000	7 602 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 221 000	6 760 000	7 141 000	7 339 000
Expenditure	6 992 000	6 604 000	6 617 000	7 189 000
Operating Profit	229 000	156 000	523 000	151 000
Financial Income	34 000	0	3 000	8 000
Financial Costs	54 000	40 000	53 000	53 000
Financial Balance	−20 000	−40 000	−50 000	−45 000
Earnings Before Tax	209 000	115 000	473 000	106 000
Tax	46 000	25 000	105 000	23 000
Net Income	163 000	90 000	368 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 394 000	1 436 000	1 429 000	1 483 000
Total Current Assets	7 722 000	7 454 000	7 799 000	7 064 000
Total Assets	9 116 000	8 890 000	9 228 000	8 547 000
Total Retained Equity	7 733 000	7 571 000	7 481 000	7 112 000
Total Equity	8 223 000	8 061 000	7 971 000	7 602 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	892 000	829 000	1 257 000	945 000
Total Equity and Debt	9 116 000	8 890 000	9 228 000	8 547 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 221 000	6 760 000	6 925 000	7 339 000
Other Income	0	0	216 000	0
Revenue	7 221 000	6 760 000	7 141 000	7 339 000
Cost of Goods Sold	3 061 000	2 672 000	3 137 000	2 866 000
Salary Costs	1 879 000	1 779 000	1 500 000	2 196 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 992 000	6 604 000	6 617 000	7 189 000
Operating Profit	229 000	156 000	523 000	151 000
Financial Income	34 000	0	3 000	8 000
Financial Costs	54 000	40 000	53 000	53 000
Financial Balance	−20 000	−40 000	−50 000	−45 000
Dividends	0	0	0	0
Net Income	163 000	90 000	368 000	82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	74 000	74 000	69 000	85 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 320 000	1 362 000	1 360 000	1 398 000
Total Fixed Assets	1 394 000	1 436 000	1 429 000	1 483 000
Stock	3 850 000	3 859 000	3 620 000	4 440 000
Total Investments	0	0	0	0
Cash, Bank	3 656 000	3 504 000	3 895 000	2 555 000
Total Current Assets	7 722 000	7 454 000	7 799 000	7 064 000
Total Assets	9 116 000	8 890 000	9 228 000	8 547 000
Total Equity	8 223 000	8 061 000	7 971 000	7 602 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	325 000	213 000	527 000	338 000
Unpaid Taxes	300 000	351 000	428 000	383 000
Dividends	0	0	0	0
Other Current Debt	221 000	235 000	213 000	198 000
Total Current Debt	892 000	829 000	1 257 000	945 000
Total Equity and Debt	9 116 000	8 890 000	9 228 000	8 547 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,98 %	1,12 %	4,62 %	1,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,17 %	2,31 %	7,32 %	2,06 %
Current Ratio	8,66	8,99	6,2	7,48
Quick Ratio	−2,61	−2,46	−3,3	−2,02
Equity Ratio	0,9	0,91	0,86	0,89
Gross Profit Margin	57,61 %	60,47 %	56,07 %	60,95 %