GULLESTAD I AS

0252 OSLO

Finances

Return on Equity

19,63 %

Current Ratio

1,16

Debt-to-Equity Ratio

2,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 853 000	1 805 000	1 782 000	1 758 000
Net Income	692 000	747 000	703 000	630 000
Total Assets	13 183 000	13 468 000	13 633 000	13 783 000
Total Equity	3 526 000	3 334 000	2 587 000	1 885 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 853 000	1 805 000	1 782 000	1 758 000
Expenditure	683 000	669 000	636 000	578 000
Operating Profit	1 169 000	1 136 000	1 146 000	1 180 000
Financial Income	0	0	0	0
Financial Costs	282 000	179 000	245 000	372 000
Financial Balance	−282 000	−179 000	−245 000	−372 000
Earnings Before Tax	887 000	957 000	901 000	808 000
Tax	195 000	211 000	198 000	178 000
Net Income	692 000	747 000	703 000	630 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 181 000	12 676 000	13 171 000	13 666 000
Total Current Assets	1 002 000	792 000	462 000	117 000
Total Assets	13 183 000	13 468 000	13 633 000	13 783 000
Total Retained Equity	3 426 000	3 234 000	2 487 000	1 785 000
Total Equity	3 526 000	3 334 000	2 587 000	1 885 000
Total Long-Term Debt	8 792 000	9 766 000	10 733 000	10 583 000
Total Current Debt	864 000	367 000	313 000	1 315 000
Total Equity and Debt	13 183 000	13 468 000	13 633 000	13 783 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 853 000	1 805 000	1 782 000	1 758 000
Revenue	1 853 000	1 805 000	1 782 000	1 758 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	37 000	0	18 000
Depreciation	495 000	495 000	495 000	495 000
Impairment	0	0	0	0
Expenditure	683 000	669 000	636 000	578 000
Operating Profit	1 169 000	1 136 000	1 146 000	1 180 000
Financial Income	0	0	0	0
Financial Costs	282 000	179 000	245 000	372 000
Financial Balance	−282 000	−179 000	−245 000	−372 000
Dividends	500 000	0	0	0
Net Income	692 000	747 000	703 000	630 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 946 000	11 352 000	11 757 000	12 163 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	85 000	175 000	264 000	353 000
Total Tangible Assets	11 031 000	11 526 000	12 021 000	12 516 000
Total Fiancial Fixed Assets	1 150 000	1 150 000	1 150 000	1 150 000
Total Fixed Assets	12 181 000	12 676 000	13 171 000	13 666 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	473 000	767 000	440 000	108 000
Total Current Assets	1 002 000	792 000	462 000	117 000
Total Assets	13 183 000	13 468 000	13 633 000	13 783 000
Total Equity	3 526 000	3 334 000	2 587 000	1 885 000
Short-Term Group Debt	0	0	0	1 041 000
Total Long-Term Debt	8 792 000	9 766 000	10 733 000	10 583 000
Creditors	6 000	33 000	0	3 000
Unpaid Taxes	68 000	66 000	72 000	71 000
Dividends	500 000	0	0	0
Other Current Debt	68 000	37 000	31 000	20 000
Total Current Debt	864 000	367 000	313 000	1 315 000
Total Equity and Debt	13 183 000	13 468 000	13 633 000	13 783 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,63 %	22,41 %	27,17 %	33,42 %
Debt-to-Equity Ratio	2,49	2,93	4,15	5,61
Operating Profit Margin	63,09 %	62,94 %	64,31 %	67,12 %
Current Ratio	1,16	2,16	1,48	0,09
Quick Ratio	1,16	2,16	1,48	0,09
Equity Ratio	0,27	0,25	0,19	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %