GYLDNE SNITT AS

3111 TØNSBERG

Finances

Return on Equity

14,4 %

Current Ratio

3,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	920 000	567 000	727 000	1 340 000
Net Income	105 000	166 000	128 000	409 000
Total Assets	956 000	1 029 000	993 000	1 296 000
Total Equity	729 000	724 000	658 000	580 000

Income (NOK)	2022	2021	2020	2019
Revenue	920 000	567 000	727 000	1 340 000
Expenditure	782 000	349 000	558 000	901 000
Operating Profit	138 000	217 000	169 000	446 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	138 000	217 000	168 000	446 000
Tax	32 000	51 000	41 000	38 000
Net Income	105 000	166 000	128 000	409 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	55 000	55 000	55 000
Total Current Assets	901 000	974 000	938 000	1 241 000
Total Assets	956 000	1 029 000	993 000	1 296 000
Total Retained Equity	625 000	620 000	554 000	476 000
Total Equity	729 000	724 000	658 000	580 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	227 000	305 000	336 000	716 000
Total Equity and Debt	956 000	1 029 000	993 000	1 296 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	740 000	567 000	727 000	1 340 000
Other Income	180 000	0	0	0
Revenue	920 000	567 000	727 000	1 340 000
Cost of Goods Sold	199 000	0	0	0
Salary Costs	147 000	120 000	273 000	570 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	782 000	349 000	558 000	901 000
Operating Profit	138 000	217 000	169 000	446 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	100 000	100 000	50 000	300 000
Net Income	105 000	166 000	128 000	409 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	55 000	55 000	55 000	55 000
Stock	560 000	522 000	486 000	408 000
Total Investments	0	0	0	0
Cash, Bank	180 000	325 000	422 000	773 000
Total Current Assets	901 000	974 000	938 000	1 241 000
Total Assets	956 000	1 029 000	993 000	1 296 000
Total Equity	729 000	724 000	658 000	580 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	1 000	3 000	1 000
Unpaid Taxes	75 000	142 000	187 000	478 000
Dividends	100 000	100 000	50 000	300 000
Other Current Debt	13 000	12 000	55 000	199 000
Total Current Debt	227 000	305 000	336 000	716 000
Total Equity and Debt	956 000	1 029 000	993 000	1 296 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,4 %	22,93 %	19,45 %	70,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15 %	38,27 %	23,25 %	33,28 %
Current Ratio	3,97	3,19	2,79	1,73
Quick Ratio	−2,71	−4,49	−6,25	4,03
Equity Ratio	0,76	0,7	0,66	0,45
Gross Profit Margin	78,37 %	100 %	100 %	100 %