GULLSMED PETTERSEN & SNOEK AS

3915 PORSGRUNN

Finances

Return on Equity

8,02 %

Current Ratio

3,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 898 000	4 202 000	4 250 000	4 204 000
Net Income	369 000	595 000	561 000	528 000
Total Assets	5 443 000	4 954 000	4 418 000	3 817 000
Total Equity	4 600 000	4 231 000	3 637 000	3 076 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 898 000	4 202 000	4 250 000	4 204 000
Expenditure	3 422 000	3 432 000	3 524 000	3 527 000
Operating Profit	477 000	770 000	726 000	677 000
Financial Income	2 000	0	1 000	0
Financial Costs	6 000	7 000	7 000	0
Financial Balance	−4 000	−7 000	−6 000	0
Earnings Before Tax	473 000	763 000	720 000	677 000
Tax	104 000	169 000	159 000	149 000
Net Income	369 000	595 000	561 000	528 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 361 000	1 985 000	1 088 000	34 000
Total Current Assets	3 082 000	2 968 000	3 330 000	3 783 000
Total Assets	5 443 000	4 954 000	4 418 000	3 817 000
Total Retained Equity	4 350 000	3 981 000	3 387 000	2 826 000
Total Equity	4 600 000	4 231 000	3 637 000	3 076 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	843 000	722 000	781 000	741 000
Total Equity and Debt	5 443 000	4 954 000	4 418 000	3 817 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 898 000	4 182 000	4 258 000	4 204 000
Other Income	0	19 000	−8 000	0
Revenue	3 898 000	4 202 000	4 250 000	4 204 000
Cost of Goods Sold	1 571 000	1 730 000	1 874 000	1 762 000
Salary Costs	1 144 000	1 098 000	1 025 000	1 125 000
Depreciation	2 000	1 000	9 000	16 000
Impairment	0	0	0	0
Expenditure	3 422 000	3 432 000	3 524 000	3 527 000
Operating Profit	477 000	770 000	726 000	677 000
Financial Income	2 000	0	1 000	0
Financial Costs	6 000	7 000	7 000	0
Financial Balance	−4 000	−7 000	−6 000	0
Dividends	0	0	0	0
Net Income	369 000	595 000	561 000	528 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	4 000	13 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 000	3 000	12 000
Total Tangible Assets	0	2 000	3 000	12 000
Total Fiancial Fixed Assets	2 357 000	1 979 000	1 072 000	11 000
Total Fixed Assets	2 361 000	1 985 000	1 088 000	34 000
Stock	2 492 000	2 488 000	2 371 000	2 508 000
Total Investments	61 000	61 000	61 000	61 000
Cash, Bank	437 000	378 000	837 000	1 178 000
Total Current Assets	3 082 000	2 968 000	3 330 000	3 783 000
Total Assets	5 443 000	4 954 000	4 418 000	3 817 000
Total Equity	4 600 000	4 231 000	3 637 000	3 076 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	325 000	84 000	70 000	96 000
Unpaid Taxes	165 000	174 000	226 000	262 000
Dividends	0	0	0	0
Other Current Debt	249 000	306 000	324 000	236 000
Total Current Debt	843 000	722 000	781 000	741 000
Total Equity and Debt	5 443 000	4 954 000	4 418 000	3 817 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,02 %	14,06 %	15,42 %	17,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,24 %	18,32 %	17,08 %	16,1 %
Current Ratio	3,66	4,11	4,26	5,11
Quick Ratio	−1,87	−1,68	−2,09	−2,14
Equity Ratio	0,85	0,85	0,82	0,81
Gross Profit Margin	59,7 %	58,83 %	55,91 %	58,09 %