GOLDEN SEA RESTAURANT AS

9008 TROMSØ

Finances

Return on Equity

22,33 %

Current Ratio

2,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 776 000	18 115 000	15 366 000	15 122 000
Net Income	789 000	2 223 000	1 424 000	526 000
Total Assets	5 523 000	5 006 000	2 580 000	3 151 000
Total Equity	3 534 000	2 745 000	972 000	−452 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 776 000	18 115 000	15 366 000	15 122 000
Expenditure	17 779 000	15 267 000	13 530 000	14 333 000
Operating Profit	996 000	2 849 000	1 835 000	789 000
Financial Income	17 000	2 000	1 000	8 000
Financial Costs	1 000	1 000	10 000	115 000
Financial Balance	16 000	1 000	−9 000	−107 000
Earnings Before Tax	1 012 000	2 850 000	1 826 000	681 000
Tax	223 000	627 000	402 000	154 000
Net Income	789 000	2 223 000	1 424 000	526 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	534 000	756 000	1 026 000	1 775 000
Total Current Assets	4 989 000	4 250 000	1 554 000	1 377 000
Total Assets	5 523 000	5 006 000	2 580 000	3 151 000
Total Retained Equity	3 005 000	2 216 000	443 000	−981 000
Total Equity	3 534 000	2 745 000	972 000	−452 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 989 000	2 261 000	1 607 000	3 603 000
Total Equity and Debt	5 523 000	5 006 000	2 580 000	3 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 195 000	17 503 000	14 847 000	14 622 000
Other Income	581 000	612 000	518 000	500 000
Revenue	18 776 000	18 115 000	15 366 000	15 122 000
Cost of Goods Sold	4 970 000	4 385 000	3 821 000	3 952 000
Salary Costs	8 786 000	7 314 000	6 084 000	7 648 000
Depreciation	235 000	250 000	368 000	386 000
Impairment	0	0	0	0
Expenditure	17 779 000	15 267 000	13 530 000	14 333 000
Operating Profit	996 000	2 849 000	1 835 000	789 000
Financial Income	17 000	2 000	1 000	8 000
Financial Costs	1 000	1 000	10 000	115 000
Financial Balance	16 000	1 000	−9 000	−107 000
Dividends	0	0	0	0
Net Income	789 000	2 223 000	1 424 000	526 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	88 000	89 000	378 000
Real Eastate	0	0	0	9 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	449 000	668 000	917 000	1 276 000
Total Tangible Assets	449 000	668 000	917 000	1 286 000
Total Fiancial Fixed Assets	0	0	20 000	112 000
Total Fixed Assets	534 000	756 000	1 026 000	1 775 000
Stock	334 000	342 000	260 000	271 000
Total Investments	0	0	0	0
Cash, Bank	4 081 000	3 469 000	888 000	427 000
Total Current Assets	4 989 000	4 250 000	1 554 000	1 377 000
Total Assets	5 523 000	5 006 000	2 580 000	3 151 000
Total Equity	3 534 000	2 745 000	972 000	−452 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	189 000	275 000	359 000	606 000
Unpaid Taxes	339 000	361 000	275 000	648 000
Dividends	0	0	0	0
Other Current Debt	1 242 000	998 000	860 000	2 350 000
Total Current Debt	1 989 000	2 261 000	1 607 000	3 603 000
Total Equity and Debt	5 523 000	5 006 000	2 580 000	3 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,33 %	80,98 %	146,5 %	−116,37 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	5,3 %	15,73 %	11,94 %	5,22 %
Current Ratio	2,51	1,88	0,97	0,38
Quick Ratio	3,01	2,21	1,15	0,41
Equity Ratio	0,64	0,55	0,38	−0,14
Gross Profit Margin	73,53 %	75,79 %	75,13 %	73,87 %