GULLAKSEN EIENDOM AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

44,54 %

Current Ratio

1,16

Debt-to-Equity Ratio

13,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 537 000	1 905 000	2 547 000	2 639 000
Net Income	367 000	−326 000	481 000	577 000
Total Assets	13 178 000	14 208 000	15 327 000	15 637 000
Total Equity	824 000	1 007 000	1 833 000	1 832 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 537 000	1 905 000	2 547 000	2 639 000
Expenditure	1 713 000	1 898 000	1 579 000	1 435 000
Operating Profit	823 000	7 000	968 000	1 204 000
Financial Income	18 000	0	0	0
Financial Costs	361 000	322 000	341 000	431 000
Financial Balance	−343 000	−322 000	−341 000	−431 000
Earnings Before Tax	480 000	−315 000	627 000	773 000
Tax	113 000	11 000	146 000	196 000
Net Income	367 000	−326 000	481 000	577 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 053 000	12 275 000	14 541 000	14 790 000
Total Current Assets	1 124 000	1 933 000	786 000	847 000
Total Assets	13 178 000	14 208 000	15 327 000	15 637 000
Total Retained Equity	624 000	807 000	1 633 000	1 632 000
Total Equity	824 000	1 007 000	1 833 000	1 832 000
Total Long-Term Debt	11 381 000	12 014 000	12 467 000	12 863 000
Total Current Debt	972 000	1 187 000	1 026 000	941 000
Total Equity and Debt	13 178 000	14 208 000	15 327 000	15 637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 035 000	1 527 000	2 044 000	388 000
Other Income	502 000	378 000	503 000	2 251 000
Revenue	2 537 000	1 905 000	2 547 000	2 639 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	222 000	222 000	248 000	275 000
Impairment	0	0	0	0
Expenditure	1 713 000	1 898 000	1 579 000	1 435 000
Operating Profit	823 000	7 000	968 000	1 204 000
Financial Income	18 000	0	0	0
Financial Costs	361 000	322 000	341 000	431 000
Financial Balance	−343 000	−322 000	−341 000	−431 000
Dividends	550 000	500 000	480 000	400 000
Net Income	367 000	−326 000	481 000	577 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 053 000	12 275 000	14 241 000	14 481 000
Machinery and Plant Facilities	0	0	0	3 000
Fixtures	0	0	0	6 000
Total Tangible Assets	12 053 000	12 275 000	14 241 000	14 490 000
Total Fiancial Fixed Assets	0	0	300 000	300 000
Total Fixed Assets	12 053 000	12 275 000	14 541 000	14 790 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	559 000	1 414 000	434 000	340 000
Total Current Assets	1 124 000	1 933 000	786 000	847 000
Total Assets	13 178 000	14 208 000	15 327 000	15 637 000
Total Equity	824 000	1 007 000	1 833 000	1 832 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 381 000	12 014 000	12 467 000	12 863 000
Creditors	55 000	490 000	252 000	207 000
Unpaid Taxes	10 000	0	23 000	15 000
Dividends	550 000	500 000	480 000	400 000
Other Current Debt	244 000	187 000	125 000	123 000
Total Current Debt	972 000	1 187 000	1 026 000	941 000
Total Equity and Debt	13 178 000	14 208 000	15 327 000	15 637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,54 %	−32,37 %	26,24 %	31,5 %
Debt-to-Equity Ratio	13,81	11,93	6,8	7,02
Operating Profit Margin	32,44 %	0,37 %	38,01 %	45,62 %
Current Ratio	1,16	1,63	0,77	0,9
Quick Ratio	1,16	1,63	0,77	0,9
Equity Ratio	0,06	0,07	0,12	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %