GULLFONN MANAGEMENT AS

5953 FONNES

Finances

Return on Equity

27,07 %

Current Ratio

0,59

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 680 000	1 680 000	1 680 000	1 680 000
Net Income	98 000	24 000	33 000	46 000
Total Assets	2 865 000	2 907 000	2 698 000	2 634 000
Total Equity	362 000	1 020 000	996 000	964 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 680 000	1 680 000	1 680 000	1 680 000
Expenditure	1 546 000	1 636 000	1 630 000	1 609 000
Operating Profit	134 000	45 000	51 000	71 000
Financial Income	9 000	33 000	3 000	0
Financial Costs	34 000	53 000	22 000	25 000
Financial Balance	−25 000	−20 000	−19 000	−25 000
Earnings Before Tax	110 000	24 000	33 000	46 000
Tax	11 000	0	0	0
Net Income	98 000	24 000	33 000	46 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 393 000	1 506 000	1 618 000	1 706 000
Total Current Assets	1 472 000	1 402 000	1 080 000	928 000
Total Assets	2 865 000	2 907 000	2 698 000	2 634 000
Total Retained Equity	98 000	465 000	441 000	408 000
Total Equity	362 000	1 020 000	996 000	964 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	2 500 000	1 887 000	1 702 000	1 671 000
Total Equity and Debt	2 865 000	2 907 000	2 698 000	2 634 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 680 000	1 680 000	1 680 000	1 680 000
Other Income	0	0	0	0
Revenue	1 680 000	1 680 000	1 680 000	1 680 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 220 000	1 202 000	1 185 000	1 214 000
Depreciation	113 000	113 000	105 000	122 000
Impairment	0	0	0	0
Expenditure	1 546 000	1 636 000	1 630 000	1 609 000
Operating Profit	134 000	45 000	51 000	71 000
Financial Income	9 000	33 000	3 000	0
Financial Costs	34 000	53 000	22 000	25 000
Financial Balance	−25 000	−20 000	−19 000	−25 000
Dividends	0	0	0	0
Net Income	98 000	24 000	33 000	46 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	347 000	349 000	351 000	366 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	309 000	419 000	529 000	603 000
Total Tangible Assets	656 000	768 000	881 000	969 000
Total Fiancial Fixed Assets	737 000	737 000	737 000	737 000
Total Fixed Assets	1 393 000	1 506 000	1 618 000	1 706 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 259 000	957 000	749 000	647 000
Total Current Assets	1 472 000	1 402 000	1 080 000	928 000
Total Assets	2 865 000	2 907 000	2 698 000	2 634 000
Total Equity	362 000	1 020 000	996 000	964 000
Short-Term Group Debt	951 000	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	149 000	380 000	196 000	124 000
Unpaid Taxes	203 000	120 000	142 000	216 000
Dividends	0	0	0	0
Other Current Debt	1 188 000	1 387 000	1 364 000	1 330 000
Total Current Debt	2 500 000	1 887 000	1 702 000	1 671 000
Total Equity and Debt	2 865 000	2 907 000	2 698 000	2 634 000

Financial indicators	2021	2020	2019	2018
Return on Equity	27,07 %	2,35 %	3,31 %	4,77 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	7,98 %	2,68 %	3,04 %	4,23 %
Current Ratio	0,59	0,74	0,63	0,56
Quick Ratio	0,59	0,74	0,63	0,56
Equity Ratio	0,13	0,35	0,37	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %