GILHUS UTVIKLING AS

3430 SPIKKESTAD

Finances

Share Ownership

Return on Equity

14,53 %

Current Ratio

−12,93

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	838 000	575 000	503 000	461 000
Net Income	136 000	93 000	148 000	138 000
Total Assets	1 669 000	1 229 000	1 202 000	1 232 000
Total Equity	936 000	800 000	708 000	559 000

Income (NOK)	2022	2021	2020	2019
Revenue	838 000	575 000	503 000	461 000
Expenditure	631 000	454 000	314 000	300 000
Operating Profit	207 000	121 000	189 000	161 000
Financial Income	8 000	8 000	6 000	1 000
Financial Costs	41 000	10 000	4 000	6 000
Financial Balance	−33 000	−2 000	2 000	−5 000
Earnings Before Tax	175 000	119 000	190 000	156 000
Tax	38 000	26 000	42 000	18 000
Net Income	136 000	93 000	148 000	138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 074 000	888 000	805 000	752 000
Total Current Assets	595 000	341 000	397 000	479 000
Total Assets	1 669 000	1 229 000	1 202 000	1 232 000
Total Retained Equity	816 000	680 000	588 000	439 000
Total Equity	936 000	800 000	708 000	559 000
Total Long-Term Debt	779 000	564 000	405 000	610 000
Total Current Debt	−46 000	−135 000	90 000	63 000
Total Equity and Debt	1 669 000	1 229 000	1 202 000	1 232 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	210 000	95 000	23 000	41 000
Other Income	628 000	480 000	480 000	420 000
Revenue	838 000	575 000	503 000	461 000
Cost of Goods Sold	151 000	138 000	41 000	27 000
Salary Costs	0	0	0	0
Depreciation	288 000	166 000	147 000	98 000
Impairment	0	0	0	0
Expenditure	631 000	454 000	314 000	300 000
Operating Profit	207 000	121 000	189 000	161 000
Financial Income	8 000	8 000	6 000	1 000
Financial Costs	41 000	10 000	4 000	6 000
Financial Balance	−33 000	−2 000	2 000	−5 000
Dividends	0	0	0	0
Net Income	136 000	93 000	148 000	138 000

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	1 074 000	888 000	805 000	752 000
Total Tangible Assets	1 074 000	888 000	805 000	752 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 074 000	888 000	805 000	752 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	55 000	2 000	33 000	198 000
Total Current Assets	595 000	341 000	397 000	479 000
Total Assets	1 669 000	1 229 000	1 202 000	1 232 000
Total Equity	936 000	800 000	708 000	559 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	779 000	564 000	405 000	610 000
Creditors	9 000	6 000	0	7 000
Unpaid Taxes	23 000	43 000	18 000	10 000
Dividends	0	0	0	0
Other Current Debt	−120 000	−203 000	45 000	45 000
Total Current Debt	−46 000	−135 000	90 000	63 000
Total Equity and Debt	1 669 000	1 229 000	1 202 000	1 232 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,53 %	11,63 %	20,9 %	24,69 %
Debt-to-Equity Ratio	0,83	0,71	0,57	1,09
Operating Profit Margin	24,7 %	21,04 %	37,57 %	34,92 %
Current Ratio	−12,93	−2,53	4,41	7,6
Quick Ratio	−12,93	−2,53	4,41	7,6
Equity Ratio	0,56	0,65	0,59	0,45
Gross Profit Margin	81,98 %	76 %	91,85 %	94,14 %