EIENDOMSSELSKAPET GULSET AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

4,89 %

Current Ratio

0,03

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 697 000	6 727 000	6 404 000	6 691 000
Net Income	419 000	682 000	1 133 000	572 000
Total Assets	29 904 000	30 287 000	30 093 000	30 336 000
Total Equity	8 571 000	8 552 000	8 470 000	8 137 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 697 000	6 727 000	6 404 000	6 691 000
Expenditure	6 388 000	5 267 000	4 222 000	5 018 000
Operating Profit	1 309 000	1 460 000	2 181 000	1 673 000
Financial Income	0	0	17 000	12 000
Financial Costs	549 000	368 000	746 000	951 000
Financial Balance	−549 000	−368 000	−729 000	−939 000
Earnings Before Tax	761 000	1 093 000	1 453 000	734 000
Tax	342 000	411 000	320 000	161 000
Net Income	419 000	682 000	1 133 000	572 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 391 000	29 717 000	29 734 000	30 110 000
Total Current Assets	513 000	570 000	359 000	226 000
Total Assets	29 904 000	30 287 000	30 093 000	30 336 000
Total Retained Equity	4 094 000	4 075 000	3 993 000	3 660 000
Total Equity	8 571 000	8 552 000	8 470 000	8 137 000
Total Long-Term Debt	2 321 000	15 171 000	16 293 000	17 444 000
Total Current Debt	19 012 000	6 564 000	5 330 000	4 755 000
Total Equity and Debt	29 904 000	30 287 000	30 093 000	30 336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 736 000	0	0	0
Other Income	2 962 000	6 727 000	6 404 000	6 691 000
Revenue	7 697 000	6 727 000	6 404 000	6 691 000
Cost of Goods Sold	4 359 000	1 528 000	1 732 000	2 746 000
Salary Costs	0	0	0	0
Depreciation	376 000	376 000	376 000	376 000
Impairment	0	0	0	0
Expenditure	6 388 000	5 267 000	4 222 000	5 018 000
Operating Profit	1 309 000	1 460 000	2 181 000	1 673 000
Financial Income	0	0	17 000	12 000
Financial Costs	549 000	368 000	746 000	951 000
Financial Balance	−549 000	−368 000	−729 000	−939 000
Dividends	400 000	600 000	800 000	0
Net Income	419 000	682 000	1 133 000	572 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 982 000	29 717 000	29 734 000	30 110 000
Machinery and Plant Facilities	409 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	29 391 000	29 717 000	29 734 000	30 110 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 391 000	29 717 000	29 734 000	30 110 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	513 000	570 000	359 000	226 000
Total Assets	29 904 000	30 287 000	30 093 000	30 336 000
Total Equity	8 571 000	8 552 000	8 470 000	8 137 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 321 000	15 171 000	16 293 000	17 444 000
Creditors	206 000	187 000	119 000	109 000
Unpaid Taxes	141 000	164 000	127 000	134 000
Dividends	400 000	600 000	800 000	0
Other Current Debt	18 373 000	5 881 000	4 814 000	4 433 000
Total Current Debt	19 012 000	6 564 000	5 330 000	4 755 000
Total Equity and Debt	29 904 000	30 287 000	30 093 000	30 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,89 %	7,97 %	13,38 %	7,03 %
Debt-to-Equity Ratio	0,27	1,77	1,92	2,14
Operating Profit Margin	17,01 %	21,7 %	34,06 %	25 %
Current Ratio	0,03	0,09	0,07	0,05
Quick Ratio	0,03	0,09	0,07	0,05
Equity Ratio	0,29	0,28	0,28	0,27
Gross Profit Margin	43,37 %	77,29 %	72,95 %	58,96 %