GUL AS

3012 DRAMMEN

Finances

Share Ownership

Return on Equity

49,6 %

Current Ratio

0,65

Debt-to-Equity Ratio

−0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 845 000	4 759 000	4 033 000	3 678 000
Net Income	−308 000	−287 000	−228 000	−366 000
Total Assets	872 000	1 008 000	1 263 000	1 950 000
Total Equity	−621 000	−312 000	−25 000	202 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 845 000	4 759 000	4 033 000	3 678 000
Expenditure	5 106 000	5 021 000	4 217 000	4 013 000
Operating Profit	−261 000	−261 000	−185 000	−335 000
Financial Income	2 000	13 000	0	1 000
Financial Costs	50 000	38 000	43 000	32 000
Financial Balance	−48 000	−25 000	−43 000	−31 000
Earnings Before Tax	−308 000	−287 000	−228 000	−366 000
Tax	0	0	0	0
Net Income	−308 000	−287 000	−228 000	−366 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	52 000	66 000	1 000
Total Current Assets	834 000	956 000	1 197 000	1 949 000
Total Assets	872 000	1 008 000	1 263 000	1 950 000
Total Retained Equity	−1 121 000	−812 000	−525 000	−298 000
Total Equity	−621 000	−312 000	−25 000	202 000
Total Long-Term Debt	208 000	158 000	178 000	631 000
Total Current Debt	1 285 000	1 162 000	1 111 000	1 116 000
Total Equity and Debt	872 000	1 008 000	1 263 000	1 950 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 834 000	4 754 000	3 997 000	3 678 000
Other Income	11 000	5 000	35 000	0
Revenue	4 845 000	4 759 000	4 033 000	3 678 000
Cost of Goods Sold	2 951 000	3 090 000	2 421 000	2 303 000
Salary Costs	1 369 000	1 181 000	1 000 000	1 127 000
Depreciation	14 000	14 000	6 000	0
Impairment	0	0	0	0
Expenditure	5 106 000	5 021 000	4 217 000	4 013 000
Operating Profit	−261 000	−261 000	−185 000	−335 000
Financial Income	2 000	13 000	0	1 000
Financial Costs	50 000	38 000	43 000	32 000
Financial Balance	−48 000	−25 000	−43 000	−31 000
Dividends	0	0	0	0
Net Income	−308 000	−287 000	−228 000	−366 000

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	37 000	51 000	66 000	0
Total Tangible Assets	37 000	51 000	66 000	0
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	38 000	52 000	66 000	1 000
Stock	916 000	804 000	804 000	1 528 000
Total Investments	0	0	0	0
Cash, Bank	−86 000	141 000	389 000	416 000
Total Current Assets	834 000	956 000	1 197 000	1 949 000
Total Assets	872 000	1 008 000	1 263 000	1 950 000
Total Equity	−621 000	−312 000	−25 000	202 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	208 000	158 000	178 000	631 000
Creditors	451 000	266 000	274 000	581 000
Unpaid Taxes	371 000	407 000	363 000	229 000
Dividends	0	0	0	0
Other Current Debt	463 000	489 000	474 000	307 000
Total Current Debt	1 285 000	1 162 000	1 111 000	1 116 000
Total Equity and Debt	872 000	1 008 000	1 263 000	1 950 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,6 %	91,99 %	912 %	−181,19 %
Debt-to-Equity Ratio	−0,33	−0,51	−7,12	3,12
Operating Profit Margin	−5,39 %	−5,48 %	−4,59 %	−9,11 %
Current Ratio	0,65	0,82	1,08	1,75
Quick Ratio	2,26	2,67	3,9	−4,73
Equity Ratio	−0,71	−0,31	−0,02	0,1
Gross Profit Margin	39,09 %	35,07 %	39,97 %	37,38 %