GULLSMED KARLGÅRD AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

31,52 %

Current Ratio

2,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 878 000	11 993 000	13 381 000	12 807 000
Net Income	2 437 000	1 589 000	2 230 000	1 195 000
Total Assets	11 942 000	10 595 000	10 003 000	8 173 000
Total Equity	7 732 000	7 095 000	6 806 000	5 575 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 878 000	11 993 000	13 381 000	12 807 000
Expenditure	10 771 000	9 955 000	10 518 000	11 278 000
Operating Profit	3 107 000	2 038 000	2 862 000	1 529 000
Financial Income	18 000	2 000	3 000	7 000
Financial Costs	1 000	2 000	6 000	4 000
Financial Balance	17 000	0	−3 000	3 000
Earnings Before Tax	3 124 000	2 038 000	2 859 000	1 532 000
Tax	687 000	448 000	629 000	337 000
Net Income	2 437 000	1 589 000	2 230 000	1 195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 000	162 000	223 000	302 000
Total Current Assets	11 838 000	10 433 000	9 779 000	7 872 000
Total Assets	11 942 000	10 595 000	10 003 000	8 173 000
Total Retained Equity	7 632 000	6 995 000	6 706 000	5 475 000
Total Equity	7 732 000	7 095 000	6 806 000	5 575 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 210 000	3 500 000	3 197 000	2 598 000
Total Equity and Debt	11 942 000	10 595 000	10 003 000	8 173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 877 000	11 895 000	13 316 000	12 800 000
Other Income	1 000	98 000	65 000	7 000
Revenue	13 878 000	11 993 000	13 381 000	12 807 000
Cost of Goods Sold	3 232 000	2 666 000	3 630 000	3 628 000
Salary Costs	6 149 000	5 971 000	5 587 000	6 170 000
Depreciation	58 000	82 000	80 000	53 000
Impairment	0	0	0	0
Expenditure	10 771 000	9 955 000	10 518 000	11 278 000
Operating Profit	3 107 000	2 038 000	2 862 000	1 529 000
Financial Income	18 000	2 000	3 000	7 000
Financial Costs	1 000	2 000	6 000	4 000
Financial Balance	17 000	0	−3 000	3 000
Dividends	1 800 000	1 300 000	1 000 000	500 000
Net Income	2 437 000	1 589 000	2 230 000	1 195 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	23 000	19 000	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	81 000	139 000	204 000	284 000
Total Tangible Assets	81 000	139 000	204 000	284 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	104 000	162 000	223 000	302 000
Stock	4 844 000	4 338 000	4 072 000	4 038 000
Total Investments	0	0	0	0
Cash, Bank	6 743 000	5 912 000	5 569 000	3 536 000
Total Current Assets	11 838 000	10 433 000	9 779 000	7 872 000
Total Assets	11 942 000	10 595 000	10 003 000	8 173 000
Total Equity	7 732 000	7 095 000	6 806 000	5 575 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	142 000	153 000	194 000	295 000
Unpaid Taxes	1 004 000	1 054 000	916 000	944 000
Dividends	1 800 000	1 300 000	1 000 000	500 000
Other Current Debt	576 000	541 000	457 000	529 000
Total Current Debt	4 210 000	3 500 000	3 197 000	2 598 000
Total Equity and Debt	11 942 000	10 595 000	10 003 000	8 173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,52 %	22,4 %	32,77 %	21,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,39 %	16,99 %	21,39 %	11,94 %
Current Ratio	2,81	2,98	3,06	3,03
Quick Ratio	−18,67	−12,45	−11,18	−5,47
Equity Ratio	0,65	0,67	0,68	0,68
Gross Profit Margin	76,71 %	77,77 %	72,87 %	71,67 %