GUDVANGEN SMÅBÅTLAG AS

5705 VOSS

Finances

Share Ownership

Return on Equity

52,78 %

Current Ratio

−2

Debt-to-Equity Ratio

1,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	103 000	66 000	70 000	58 000
Net Income	19 000	−75 000	24 000	22 000
Total Assets	82 000	93 000	81 000	79 000
Total Equity	36 000	−109 000	−34 000	−58 000

Income (NOK)	2022	2021	2020	2019
Revenue	103 000	66 000	70 000	58 000
Expenditure	72 000	155 000	27 000	20 000
Operating Profit	31 000	−89 000	43 000	38 000
Financial Income	0	0	0	0
Financial Costs	6 000	7 000	11 000	9 000
Financial Balance	−6 000	−7 000	−11 000	−9 000
Earnings Before Tax	25 000	−96 000	31 000	28 000
Tax	5 000	−21 000	7 000	6 000
Net Income	19 000	−75 000	24 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	60 000	39 000	46 000
Total Current Assets	28 000	33 000	42 000	33 000
Total Assets	82 000	93 000	81 000	79 000
Total Retained Equity	−189 000	−209 000	−134 000	−158 000
Total Equity	36 000	−109 000	−34 000	−58 000
Total Long-Term Debt	60 000	87 000	110 000	135 000
Total Current Debt	−14 000	115 000	4 000	2 000
Total Equity and Debt	82 000	93 000	81 000	79 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	103 000	66 000	70 000	58 000
Other Income	0	0	0	0
Revenue	103 000	66 000	70 000	58 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	72 000	155 000	27 000	20 000
Operating Profit	31 000	−89 000	43 000	38 000
Financial Income	0	0	0	0
Financial Costs	6 000	7 000	11 000	9 000
Financial Balance	−6 000	−7 000	−11 000	−9 000
Dividends	0	0	0	0
Net Income	19 000	−75 000	24 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	54 000	60 000	39 000	46 000
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	54 000	60 000	39 000	46 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 000	0	18 000	14 000
Total Current Assets	28 000	33 000	42 000	33 000
Total Assets	82 000	93 000	81 000	79 000
Total Equity	36 000	−109 000	−34 000	−58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 000	87 000	110 000	135 000
Creditors	1 000	55 000	4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	−15 000	60 000	0	2 000
Total Current Debt	−14 000	115 000	4 000	2 000
Total Equity and Debt	82 000	93 000	81 000	79 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,78 %	68,81 %	−70,59 %	−37,93 %
Debt-to-Equity Ratio	1,67	−0,8	−3,24	−2,33
Operating Profit Margin	30,1 %	−134,85 %	61,43 %	65,52 %
Current Ratio	−2	0,29	10,5	16,5
Quick Ratio	−2	0,29	10,5	16,5
Equity Ratio	0,44	−1,17	−0,42	−0,73
Gross Profit Margin	100 %	100 %	100 %	100 %