TV GULBRANDSEN AS

2340 LØTEN

Finances

Share Ownership

Return on Equity

−53,85 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 326 000	1 565 000	1 418 000	1 592 000
Net Income	−49 000	57 000	41 000	7 000
Total Assets	361 000	479 000	459 000	469 000
Total Equity	91 000	141 000	84 000	43 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 326 000	1 565 000	1 418 000	1 592 000
Expenditure	1 385 000	1 486 000	1 358 000	1 574 000
Operating Profit	−59 000	78 000	60 000	19 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	5 000	6 000	8 000	11 000
Financial Balance	−4 000	−5 000	−7 000	−10 000
Earnings Before Tax	−63 000	73 000	52 000	10 000
Tax	−14 000	16 000	12 000	2 000
Net Income	−49 000	57 000	41 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	34 000	41 000	51 000
Total Current Assets	318 000	446 000	418 000	418 000
Total Assets	361 000	479 000	459 000	469 000
Total Retained Equity	61 000	111 000	54 000	13 000
Total Equity	91 000	141 000	84 000	43 000
Total Long-Term Debt	54 000	105 000	155 000	202 000
Total Current Debt	216 000	233 000	220 000	224 000
Total Equity and Debt	361 000	479 000	459 000	469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 326 000	1 565 000	1 386 000	1 592 000
Other Income	0	0	32 000	0
Revenue	1 326 000	1 565 000	1 418 000	1 592 000
Cost of Goods Sold	133 000	154 000	110 000	158 000
Salary Costs	833 000	936 000	850 000	1 009 000
Depreciation	4 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	1 385 000	1 486 000	1 358 000	1 574 000
Operating Profit	−59 000	78 000	60 000	19 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	5 000	6 000	8 000	11 000
Financial Balance	−4 000	−5 000	−7 000	−10 000
Dividends	0	0	0	0
Net Income	−49 000	57 000	41 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	10 000	13 000	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	24 000	28 000	32 000
Total Tangible Assets	20 000	24 000	28 000	32 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	44 000	34 000	41 000	51 000
Stock	118 000	133 000	149 000	123 000
Total Investments	0	0	0	0
Cash, Bank	178 000	291 000	253 000	280 000
Total Current Assets	318 000	446 000	418 000	418 000
Total Assets	361 000	479 000	459 000	469 000
Total Equity	91 000	141 000	84 000	43 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 000	105 000	155 000	202 000
Creditors	9 000	1 000	3 000	3 000
Unpaid Taxes	88 000	108 000	104 000	106 000
Dividends	0	0	0	0
Other Current Debt	119 000	111 000	108 000	114 000
Total Current Debt	216 000	233 000	220 000	224 000
Total Equity and Debt	361 000	479 000	459 000	469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,85 %	40,43 %	48,81 %	16,28 %
Debt-to-Equity Ratio	0,59	0,74	1,85	4,7
Operating Profit Margin	−4,45 %	4,98 %	4,23 %	1,19 %
Current Ratio	1,47	1,91	1,9	1,87
Quick Ratio	3,24	4,46	5,89	4,14
Equity Ratio	0,25	0,29	0,18	0,09
Gross Profit Margin	89,97 %	90,16 %	92,24 %	90,08 %