GULLENDE AS

1820 SPYDEBERG

Finances

Return on Equity

25,06 %

Current Ratio

65,04

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	21 000	528 000
Net Income	3 284 000	1 208 000	1 311 000	−303 000
Total Assets	19 673 000	3 671 000	3 463 000	2 095 000
Total Equity	13 107 000	−3 599 000	−4 807 000	−6 118 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	21 000	528 000
Expenditure	−2 423 000	39 000	84 000	618 000
Operating Profit	2 423 000	−39 000	−63 000	−90 000
Financial Income	1 093 000	1 332 000	909 000	0
Financial Costs	0	−190 000	−9 000	213 000
Financial Balance	1 093 000	1 522 000	918 000	−213 000
Earnings Before Tax	3 515 000	1 484 000	855 000	−303 000
Tax	232 000	275 000	−456 000	0
Net Income	3 284 000	1 208 000	1 311 000	−303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 388 000	2 320 000	1 566 000	1 300 000
Total Current Assets	15 285 000	1 350 000	1 897 000	795 000
Total Assets	19 673 000	3 671 000	3 463 000	2 095 000
Total Retained Equity	−915 000	−4 199 000	−5 407 000	−6 718 000
Total Equity	13 107 000	−3 599 000	−4 807 000	−6 118 000
Total Long-Term Debt	6 332 000	6 923 000	8 261 000	7 538 000
Total Current Debt	235 000	347 000	10 000	675 000
Total Equity and Debt	19 673 000	3 671 000	3 463 000	2 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	21 000	528 000
Other Income	0	0	0	0
Revenue	0	0	21 000	528 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	54 000	594 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−2 423 000	39 000	84 000	618 000
Operating Profit	2 423 000	−39 000	−63 000	−90 000
Financial Income	1 093 000	1 332 000	909 000	0
Financial Costs	0	−190 000	−9 000	213 000
Financial Balance	1 093 000	1 522 000	918 000	−213 000
Dividends	0	0	0	0
Net Income	3 284 000	1 208 000	1 311 000	−303 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	199 000	0
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	4 388 000	2 320 000	1 367 000	1 300 000
Total Fixed Assets	4 388 000	2 320 000	1 566 000	1 300 000
Stock	0	0	0	0
Total Investments	0	0	0	1 000
Cash, Bank	37 000	11 000	500 000	364 000
Total Current Assets	15 285 000	1 350 000	1 897 000	795 000
Total Assets	19 673 000	3 671 000	3 463 000	2 095 000
Total Equity	13 107 000	−3 599 000	−4 807 000	−6 118 000
Short-Term Group Debt	0	340 000	0	0
Total Long-Term Debt	6 332 000	6 923 000	8 261 000	7 538 000
Creditors	3 000	5 000	4 000	0
Unpaid Taxes	0	0	5 000	141 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	534 000
Total Current Debt	235 000	347 000	10 000	675 000
Total Equity and Debt	19 673 000	3 671 000	3 463 000	2 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,06 %	−33,56 %	−27,27 %	4,95 %
Debt-to-Equity Ratio	0,48	−1,92	−1,72	−1,23
Operating Profit Margin	-	-	−300 %	−17,05 %
Current Ratio	65,04	3,89	189,7	1,18
Quick Ratio	65,04	3,89	189,7	1,18
Equity Ratio	0,67	−0,98	−1,39	−2,92
Gross Profit Margin	-	-	100 %	100 %