GULLSMEDÅSEN INVEST AS

1920 SØRUMSAND

Finances

Return on Equity

43,01 %

Current Ratio

2,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 892 000	943 000	1 175 000	1 005 000
Net Income	689 000	75 000	502 000	225 000
Total Assets	2 681 000	1 158 000	1 498 000	1 048 000
Total Equity	1 602 000	913 000	838 000	536 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 892 000	943 000	1 175 000	1 005 000
Expenditure	1 007 000	848 000	851 000	1 121 000
Operating Profit	884 000	96 000	324 000	−116 000
Financial Income	0	1 000	320 000	404 000
Financial Costs	0	0	1 000	0
Financial Balance	0	1 000	319 000	404 000
Earnings Before Tax	884 000	96 000	643 000	288 000
Tax	195 000	21 000	142 000	63 000
Net Income	689 000	75 000	502 000	225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	40 000	40 000	40 000
Total Current Assets	2 641 000	1 118 000	1 458 000	1 008 000
Total Assets	2 681 000	1 158 000	1 498 000	1 048 000
Total Retained Equity	1 501 000	813 000	738 000	436 000
Total Equity	1 602 000	913 000	838 000	536 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 079 000	245 000	659 000	511 000
Total Equity and Debt	2 681 000	1 158 000	1 498 000	1 048 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 892 000	943 000	1 175 000	1 005 000
Other Income	0	0	0	0
Revenue	1 892 000	943 000	1 175 000	1 005 000
Cost of Goods Sold	0	0	0	0
Salary Costs	823 000	680 000	656 000	963 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 007 000	848 000	851 000	1 121 000
Operating Profit	884 000	96 000	324 000	−116 000
Financial Income	0	1 000	320 000	404 000
Financial Costs	0	0	1 000	0
Financial Balance	0	1 000	319 000	404 000
Dividends	0	0	200 000	0
Net Income	689 000	75 000	502 000	225 000

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	40 000	40 000	40 000	40 000
Total Fixed Assets	40 000	40 000	40 000	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 055 000	569 000	570 000	160 000
Total Current Assets	2 641 000	1 118 000	1 458 000	1 008 000
Total Assets	2 681 000	1 158 000	1 498 000	1 048 000
Total Equity	1 602 000	913 000	838 000	536 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	5 000	13 000	0
Unpaid Taxes	366 000	75 000	144 000	236 000
Dividends	0	0	200 000	0
Other Current Debt	510 000	144 000	361 000	212 000
Total Current Debt	1 079 000	245 000	659 000	511 000
Total Equity and Debt	2 681 000	1 158 000	1 498 000	1 048 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,01 %	8,21 %	59,9 %	41,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	46,72 %	10,18 %	27,57 %	−11,54 %
Current Ratio	2,45	4,56	2,21	1,97
Quick Ratio	2,45	4,56	2,21	1,97
Equity Ratio	0,6	0,79	0,56	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %