GOLDEN AS

1788 HALDEN

Finances

Share Ownership

Return on Equity

11,91 %

Current Ratio

2,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 375 000	5 610 000	4 817 000	4 050 000
Net Income	162 000	120 000	452 000	137 000
Total Assets	2 312 000	2 370 000	2 568 000	1 079 000
Total Equity	1 360 000	1 198 000	1 078 000	626 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 375 000	5 610 000	4 817 000	4 050 000
Expenditure	4 152 000	5 488 000	4 266 000	3 875 000
Operating Profit	222 000	122 000	552 000	176 000
Financial Income	0	42 000	36 000	0
Financial Costs	14 000	11 000	8 000	1 000
Financial Balance	−14 000	31 000	28 000	−1 000
Earnings Before Tax	208 000	154 000	579 000	176 000
Tax	46 000	34 000	127 000	39 000
Net Income	162 000	120 000	452 000	137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	65 000	55 000	74 000
Total Current Assets	2 266 000	2 305 000	2 513 000	1 005 000
Total Assets	2 312 000	2 370 000	2 568 000	1 079 000
Total Retained Equity	1 260 000	1 098 000	978 000	526 000
Total Equity	1 360 000	1 198 000	1 078 000	626 000
Total Long-Term Debt	1 000	3 000	4 000	0
Total Current Debt	950 000	1 169 000	1 486 000	452 000
Total Equity and Debt	2 312 000	2 370 000	2 568 000	1 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 277 000	5 606 000	4 817 000	4 050 000
Other Income	98 000	5 000	0	0
Revenue	4 375 000	5 610 000	4 817 000	4 050 000
Cost of Goods Sold	2 477 000	3 295 000	2 509 000	2 698 000
Salary Costs	817 000	1 135 000	966 000	437 000
Depreciation	19 000	18 000	8 000	7 000
Impairment	0	0	0	0
Expenditure	4 152 000	5 488 000	4 266 000	3 875 000
Operating Profit	222 000	122 000	552 000	176 000
Financial Income	0	42 000	36 000	0
Financial Costs	14 000	11 000	8 000	1 000
Financial Balance	−14 000	31 000	28 000	−1 000
Dividends	0	0	0	0
Net Income	162 000	120 000	452 000	137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	61 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	46 000	65 000	55 000	13 000
Total Tangible Assets	46 000	65 000	55 000	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	46 000	65 000	55 000	74 000
Stock	1 596 000	1 311 000	1 319 000	419 000
Total Investments	0	0	0	0
Cash, Bank	377 000	333 000	788 000	149 000
Total Current Assets	2 266 000	2 305 000	2 513 000	1 005 000
Total Assets	2 312 000	2 370 000	2 568 000	1 079 000
Total Equity	1 360 000	1 198 000	1 078 000	626 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	3 000	4 000	0
Creditors	709 000	790 000	1 108 000	275 000
Unpaid Taxes	136 000	221 000	174 000	139 000
Dividends	0	0	0	0
Other Current Debt	58 000	124 000	141 000	39 000
Total Current Debt	950 000	1 169 000	1 486 000	452 000
Total Equity and Debt	2 312 000	2 370 000	2 568 000	1 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,91 %	10,02 %	41,93 %	21,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,07 %	2,17 %	11,46 %	4,35 %
Current Ratio	2,39	1,97	1,69	2,22
Quick Ratio	−3,51	−16,23	15,05	30,45
Equity Ratio	0,59	0,51	0,42	0,58
Gross Profit Margin	43,38 %	41,27 %	47,91 %	33,38 %