GULLFESKEN AS

9373 BOTNHAMN

Finances

Return on Equity

21,9 %

Current Ratio

3,22

Debt-to-Equity Ratio

2,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 011 000	28 132 000	16 170 000	9 884 000
Net Income	2 052 000	3 136 000	1 229 000	625 000
Total Assets	42 297 000	36 402 000	24 833 000	18 067 000
Total Equity	9 369 000	6 117 000	2 981 000	1 752 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 011 000	28 132 000	16 170 000	9 884 000
Expenditure	37 105 000	23 410 000	14 092 000	8 644 000
Operating Profit	3 907 000	4 722 000	2 077 000	1 239 000
Financial Income	23 000	8 000	0	0
Financial Costs	1 296 000	707 000	502 000	438 000
Financial Balance	−1 273 000	−699 000	−502 000	−438 000
Earnings Before Tax	2 634 000	4 022 000	1 576 000	802 000
Tax	582 000	886 000	347 000	176 000
Net Income	2 052 000	3 136 000	1 229 000	625 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 916 000	18 682 000	16 882 000	16 122 000
Total Current Assets	19 381 000	17 719 000	7 951 000	1 945 000
Total Assets	42 297 000	36 402 000	24 833 000	18 067 000
Total Retained Equity	7 417 000	5 365 000	2 229 000	1 000 000
Total Equity	9 369 000	6 117 000	2 981 000	1 752 000
Total Long-Term Debt	26 911 000	23 927 000	19 024 000	17 117 000
Total Current Debt	6 017 000	6 358 000	2 999 000	3 063 000
Total Equity and Debt	42 297 000	36 402 000	24 833 000	18 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 936 000	28 065 000	16 170 000	9 884 000
Other Income	75 000	67 000	0	0
Revenue	41 011 000	28 132 000	16 170 000	9 884 000
Cost of Goods Sold	4 160 000	1 551 000	1 502 000	1 362 000
Salary Costs	14 218 000	9 367 000	5 392 000	3 542 000
Depreciation	1 351 000	749 000	693 000	655 000
Impairment	0	0	0	0
Expenditure	37 105 000	23 410 000	14 092 000	8 644 000
Operating Profit	3 907 000	4 722 000	2 077 000	1 239 000
Financial Income	23 000	8 000	0	0
Financial Costs	1 296 000	707 000	502 000	438 000
Financial Balance	−1 273 000	−699 000	−502 000	−438 000
Dividends	0	0	0	0
Net Income	2 052 000	3 136 000	1 229 000	625 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 447 000	5 640 000	5 833 000	6 026 000
Real Eastate	1 961 000	1 167 000	1 233 000	104 000
Machinery and Plant Facilities	5 353 000	4 628 000	0	0
Fixtures	1 475 000	2 327 000	4 639 000	4 539 000
Total Tangible Assets	17 449 000	13 022 000	11 049 000	10 096 000
Total Fiancial Fixed Assets	20 000	20 000	0	0
Total Fixed Assets	22 916 000	18 682 000	16 882 000	16 122 000
Stock	2 417 000	1 408 000	0	0
Total Investments	0	0	0	0
Cash, Bank	2 787 000	4 359 000	742 000	1 096 000
Total Current Assets	19 381 000	17 719 000	7 951 000	1 945 000
Total Assets	42 297 000	36 402 000	24 833 000	18 067 000
Total Equity	9 369 000	6 117 000	2 981 000	1 752 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 911 000	23 927 000	19 024 000	17 117 000
Creditors	2 031 000	2 059 000	1 420 000	1 943 000
Unpaid Taxes	3 249 000	3 598 000	1 386 000	968 000
Dividends	0	0	0	0
Other Current Debt	313 000	143 000	193 000	152 000
Total Current Debt	6 017 000	6 358 000	2 999 000	3 063 000
Total Equity and Debt	42 297 000	36 402 000	24 833 000	18 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,9 %	51,27 %	41,23 %	35,67 %
Debt-to-Equity Ratio	2,87	3,91	6,38	9,77
Operating Profit Margin	9,53 %	16,79 %	12,84 %	12,54 %
Current Ratio	3,22	2,79	2,65	0,63
Quick Ratio	5,38	3,58	2,65	0,63
Equity Ratio	0,22	0,17	0,12	0,1
Gross Profit Margin	89,86 %	94,49 %	90,71 %	86,22 %