GULLHANDEL NORDVEST AS

6018 ÅLESUND

Finances

Share Ownership

Return on Equity

27,16 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 642 000	2 809 000	2 693 000	2 292 000
Net Income	44 000	−27 000	89 000	−82 000
Total Assets	514 000	505 000	464 000	348 000
Total Equity	162 000	118 000	145 000	56 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 642 000	2 809 000	2 693 000	2 292 000
Expenditure	2 590 000	2 826 000	2 595 000	2 363 000
Operating Profit	52 000	−17 000	97 000	−72 000
Financial Income	5 000	5 000	5 000	0
Financial Costs	13 000	15 000	13 000	11 000
Financial Balance	−8 000	−10 000	−8 000	−11 000
Earnings Before Tax	44 000	−27 000	89 000	−82 000
Tax	0	0	0	0
Net Income	44 000	−27 000	89 000	−82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	514 000	505 000	464 000	348 000
Total Assets	514 000	505 000	464 000	348 000
Total Retained Equity	34 000	−10 000	17 000	−72 000
Total Equity	162 000	118 000	145 000	56 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	353 000	387 000	319 000	292 000
Total Equity and Debt	514 000	505 000	464 000	348 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 642 000	2 809 000	2 685 000	2 292 000
Other Income	0	0	8 000	0
Revenue	2 642 000	2 809 000	2 693 000	2 292 000
Cost of Goods Sold	1 089 000	1 342 000	1 411 000	1 224 000
Salary Costs	946 000	941 000	746 000	715 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 590 000	2 826 000	2 595 000	2 363 000
Operating Profit	52 000	−17 000	97 000	−72 000
Financial Income	5 000	5 000	5 000	0
Financial Costs	13 000	15 000	13 000	11 000
Financial Balance	−8 000	−10 000	−8 000	−11 000
Dividends	0	0	0	0
Net Income	44 000	−27 000	89 000	−82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	244 000	241 000	233 000	229 000
Total Investments	0	0	0	0
Cash, Bank	240 000	215 000	196 000	104 000
Total Current Assets	514 000	505 000	464 000	348 000
Total Assets	514 000	505 000	464 000	348 000
Total Equity	162 000	118 000	145 000	56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	52 000	79 000	2 000	53 000
Unpaid Taxes	214 000	167 000	160 000	130 000
Dividends	0	0	0	0
Other Current Debt	88 000	141 000	157 000	109 000
Total Current Debt	353 000	387 000	319 000	292 000
Total Equity and Debt	514 000	505 000	464 000	348 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,16 %	−22,88 %	61,38 %	−146,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,97 %	−0,61 %	3,6 %	−3,14 %
Current Ratio	1,46	1,3	1,45	1,19
Quick Ratio	4,72	3,46	5,4	5,52
Equity Ratio	0,32	0,23	0,31	0,16
Gross Profit Margin	58,78 %	52,22 %	47,6 %	46,6 %