GUDBRANDSDALENS ULDVAREFABRIK AS

2609 LILLEHAMMER

Finances

Share Ownership

Return on Equity

7,3 %

Current Ratio

3,46

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 882 000	119 164 000	107 646 000	125 615 000
Net Income	4 714 000	6 851 000	6 242 000	4 306 000
Total Assets	99 269 000	101 562 000	103 121 000	88 210 000
Total Equity	64 544 000	65 682 000	59 831 000	53 589 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 882 000	119 164 000	107 646 000	125 615 000
Expenditure	114 951 000	107 047 000	99 388 000	120 959 000
Operating Profit	6 106 000	8 876 000	9 010 000	6 215 000
Financial Income	1 677 000	1 300 000	1 786 000	753 000
Financial Costs	1 723 000	1 360 000	2 781 000	1 425 000
Financial Balance	−46 000	−60 000	−995 000	−672 000
Earnings Before Tax	6 061 000	8 816 000	8 016 000	5 542 000
Tax	1 347 000	1 965 000	1 774 000	1 237 000
Net Income	4 714 000	6 851 000	6 242 000	4 306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 352 000	35 649 000	32 157 000	33 308 000
Total Current Assets	66 917 000	65 913 000	70 964 000	54 902 000
Total Assets	99 269 000	101 562 000	103 121 000	88 210 000
Total Retained Equity	52 544 000	53 682 000	47 831 000	41 589 000
Total Equity	64 544 000	65 682 000	59 831 000	53 589 000
Total Long-Term Debt	15 381 000	18 860 000	25 673 000	16 878 000
Total Current Debt	19 345 000	17 020 000	17 617 000	17 743 000
Total Equity and Debt	99 269 000	101 562 000	103 121 000	88 210 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	120 880 000	119 164 000	107 264 000	125 574 000
Other Income	2 000	0	382 000	42 000
Revenue	120 882 000	119 164 000	107 646 000	125 615 000
Cost of Goods Sold	34 960 000	36 262 000	34 150 000	42 838 000
Salary Costs	45 061 000	38 410 000	37 813 000	46 624 000
Depreciation	6 126 000	5 530 000	5 442 000	5 075 000
Impairment	0	0	0	0
Expenditure	114 951 000	107 047 000	99 388 000	120 959 000
Operating Profit	6 106 000	8 876 000	9 010 000	6 215 000
Financial Income	1 677 000	1 300 000	1 786 000	753 000
Financial Costs	1 723 000	1 360 000	2 781 000	1 425 000
Financial Balance	−46 000	−60 000	−995 000	−672 000
Dividends	0	0	0	0
Net Income	4 714 000	6 851 000	6 242 000	4 306 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 716 000	6 033 000	6 970 000	8 574 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	21 312 000	24 235 000	20 477 000	20 386 000
Fixtures	6 324 000	5 381 000	4 710 000	4 348 000
Total Tangible Assets	27 636 000	29 616 000	25 187 000	24 734 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 352 000	35 649 000	32 157 000	33 308 000
Stock	30 738 000	28 166 000	31 027 000	34 122 000
Total Investments	0	0	0	0
Cash, Bank	20 864 000	24 479 000	28 510 000	4 831 000
Total Current Assets	66 917 000	65 913 000	70 964 000	54 902 000
Total Assets	99 269 000	101 562 000	103 121 000	88 210 000
Total Equity	64 544 000	65 682 000	59 831 000	53 589 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 381 000	18 860 000	25 673 000	16 878 000
Creditors	6 970 000	7 241 000	7 395 000	8 196 000
Unpaid Taxes	3 259 000	2 995 000	3 162 000	3 679 000
Dividends	0	0	0	0
Other Current Debt	8 344 000	5 227 000	5 169 000	5 162 000
Total Current Debt	19 345 000	17 020 000	17 617 000	17 743 000
Total Equity and Debt	99 269 000	101 562 000	103 121 000	88 210 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,3 %	10,43 %	10,43 %	8,04 %
Debt-to-Equity Ratio	0,24	0,29	0,43	0,31
Operating Profit Margin	5,05 %	7,45 %	8,37 %	4,95 %
Current Ratio	3,46	3,87	4,03	3,09
Quick Ratio	−5,87	−5,91	−5,29	−3,35
Equity Ratio	0,65	0,65	0,58	0,61
Gross Profit Margin	71,08 %	69,57 %	68,28 %	65,9 %