GULDEN KUNSTVERK AS

3053 STEINBERG

Finances

Share Ownership

Return on Equity

−22,55 %

Current Ratio

4,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 431 000	1 604 000	2 876 000	1 512 000
Net Income	−324 000	−58 000	827 000	−155 000
Total Assets	1 777 000	2 521 000	2 517 000	1 671 000
Total Equity	1 437 000	1 760 000	1 818 000	991 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 431 000	1 604 000	2 876 000	1 512 000
Expenditure	1 856 000	1 685 000	1 816 000	1 711 000
Operating Profit	−425 000	−80 000	1 061 000	−200 000
Financial Income	10 000	7 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	10 000	7 000	1 000	1 000
Earnings Before Tax	−415 000	−74 000	1 062 000	−199 000
Tax	−91 000	−16 000	234 000	−44 000
Net Income	−324 000	−58 000	827 000	−155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	50 000	42 000	49 000
Total Current Assets	1 645 000	2 471 000	2 475 000	1 622 000
Total Assets	1 777 000	2 521 000	2 517 000	1 671 000
Total Retained Equity	1 337 000	1 660 000	1 718 000	891 000
Total Equity	1 437 000	1 760 000	1 818 000	991 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	341 000	761 000	699 000	681 000
Total Equity and Debt	1 777 000	2 521 000	2 517 000	1 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 380 000	1 570 000	2 750 000	1 446 000
Other Income	51 000	34 000	126 000	66 000
Revenue	1 431 000	1 604 000	2 876 000	1 512 000
Cost of Goods Sold	138 000	97 000	125 000	108 000
Salary Costs	997 000	986 000	981 000	900 000
Depreciation	8 000	8 000	1 000	0
Impairment	0	0	0	0
Expenditure	1 856 000	1 685 000	1 816 000	1 711 000
Operating Profit	−425 000	−80 000	1 061 000	−200 000
Financial Income	10 000	7 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	10 000	7 000	1 000	1 000
Dividends	0	0	0	0
Net Income	−324 000	−58 000	827 000	−155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	108 000	17 000	1 000	48 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	32 000	40 000	0
Total Tangible Assets	23 000	32 000	40 000	0
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	132 000	50 000	42 000	49 000
Stock	80 000	62 000	58 000	47 000
Total Investments	0	0	0	0
Cash, Bank	1 537 000	2 379 000	2 390 000	1 525 000
Total Current Assets	1 645 000	2 471 000	2 475 000	1 622 000
Total Assets	1 777 000	2 521 000	2 517 000	1 671 000
Total Equity	1 437 000	1 760 000	1 818 000	991 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	88 000	76 000	125 000	65 000
Dividends	0	0	0	0
Other Current Debt	252 000	685 000	387 000	616 000
Total Current Debt	341 000	761 000	699 000	681 000
Total Equity and Debt	1 777 000	2 521 000	2 517 000	1 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,55 %	−3,3 %	45,49 %	−15,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−29,7 %	−4,99 %	36,89 %	−13,23 %
Current Ratio	4,82	3,25	3,54	2,38
Quick Ratio	6,3	3,54	3,86	2,56
Equity Ratio	0,81	0,7	0,72	0,59
Gross Profit Margin	90,36 %	93,95 %	95,65 %	92,86 %