GULLSMED PETTERSEN AS

7600 LEVANGER

Finances

Share Ownership

Return on Equity

6,82 %

Current Ratio

3,69

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 017 000	1 024 000	1 034 000	1 092 000
Net Income	18 000	66 000	74 000	79 000
Total Assets	586 000	593 000	553 000	538 000
Total Equity	264 000	246 000	180 000	106 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 017 000	1 024 000	1 034 000	1 092 000
Expenditure	994 000	940 000	939 000	989 000
Operating Profit	23 000	84 000	94 000	103 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	23 000	84 000	95 000	102 000
Tax	5 000	19 000	21 000	23 000
Net Income	18 000	66 000	74 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	34 000	52 000	73 000
Total Current Assets	557 000	560 000	500 000	465 000
Total Assets	586 000	593 000	553 000	538 000
Total Retained Equity	164 000	146 000	80 000	6 000
Total Equity	264 000	246 000	180 000	106 000
Total Long-Term Debt	170 000	204 000	245 000	278 000
Total Current Debt	151 000	143 000	127 000	154 000
Total Equity and Debt	586 000	593 000	553 000	538 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 017 000	1 024 000	1 034 000	1 092 000
Other Income	0	0	0	0
Revenue	1 017 000	1 024 000	1 034 000	1 092 000
Cost of Goods Sold	266 000	211 000	315 000	300 000
Salary Costs	444 000	439 000	331 000	400 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	994 000	940 000	939 000	989 000
Operating Profit	23 000	84 000	94 000	103 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	18 000	66 000	74 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	34 000	52 000	73 000
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	29 000	34 000	52 000	73 000
Stock	168 000	203 000	162 000	166 000
Total Investments	0	0	0	0
Cash, Bank	389 000	357 000	338 000	297 000
Total Current Assets	557 000	560 000	500 000	465 000
Total Assets	586 000	593 000	553 000	538 000
Total Equity	264 000	246 000	180 000	106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	170 000	204 000	245 000	278 000
Creditors	20 000	19 000	10 000	32 000
Unpaid Taxes	66 000	60 000	65 000	62 000
Dividends	0	0	0	0
Other Current Debt	65 000	64 000	53 000	60 000
Total Current Debt	151 000	143 000	127 000	154 000
Total Equity and Debt	586 000	593 000	553 000	538 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,82 %	26,83 %	41,11 %	74,53 %
Debt-to-Equity Ratio	0,64	0,83	1,36	2,62
Operating Profit Margin	2,26 %	8,2 %	9,09 %	9,43 %
Current Ratio	3,69	3,92	3,94	3,02
Quick Ratio	−32,76	−9,33	−14,29	−38,75
Equity Ratio	0,45	0,41	0,33	0,2
Gross Profit Margin	73,84 %	79,39 %	69,54 %	72,53 %