GULLSMED RØRVIK AS

8656 MOSJØEN

Finances

Share Ownership

Return on Equity

13,46 %

Current Ratio

4,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 054 000	12 224 000	11 821 000	11 480 000
Net Income	2 142 000	2 269 000	2 080 000	1 672 000
Total Assets	18 829 000	18 670 000	18 525 000	17 280 000
Total Equity	15 915 000	13 773 000	16 005 000	14 775 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 054 000	12 224 000	11 821 000	11 480 000
Expenditure	10 365 000	9 349 000	9 209 000	9 423 000
Operating Profit	2 689 000	2 876 000	2 612 000	2 057 000
Financial Income	64 000	37 000	63 000	91 000
Financial Costs	6 000	4 000	8 000	4 000
Financial Balance	58 000	33 000	55 000	87 000
Earnings Before Tax	2 747 000	2 909 000	2 666 000	2 144 000
Tax	605 000	641 000	587 000	472 000
Net Income	2 142 000	2 269 000	2 080 000	1 672 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 678 000	3 851 000	4 831 000	5 319 000
Total Current Assets	14 151 000	14 819 000	13 693 000	11 961 000
Total Assets	18 829 000	18 670 000	18 525 000	17 280 000
Total Retained Equity	15 575 000	13 433 000	15 665 000	14 435 000
Total Equity	15 915 000	13 773 000	16 005 000	14 775 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 914 000	4 897 000	2 520 000	2 505 000
Total Equity and Debt	18 829 000	18 670 000	18 525 000	17 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 159 000	11 216 000	10 885 000	10 532 000
Other Income	896 000	1 008 000	936 000	947 000
Revenue	13 054 000	12 224 000	11 821 000	11 480 000
Cost of Goods Sold	5 462 000	4 493 000	4 764 000	4 531 000
Salary Costs	3 079 000	2 866 000	2 600 000	2 798 000
Depreciation	447 000	496 000	596 000	509 000
Impairment	0	0	0	0
Expenditure	10 365 000	9 349 000	9 209 000	9 423 000
Operating Profit	2 689 000	2 876 000	2 612 000	2 057 000
Financial Income	64 000	37 000	63 000	91 000
Financial Costs	6 000	4 000	8 000	4 000
Financial Balance	58 000	33 000	55 000	87 000
Dividends	0	0	0	0
Net Income	2 142 000	2 269 000	2 080 000	1 672 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	670 000	635 000	571 000	538 000
Real Eastate	2 534 000	2 664 000	3 031 000	3 398 000
Machinery and Plant Facilities	4 000	9 000	19 000	31 000
Fixtures	470 000	543 000	1 211 000	1 352 000
Total Tangible Assets	3 007 000	3 216 000	4 260 000	4 781 000
Total Fiancial Fixed Assets	1 000 000	0	0	0
Total Fixed Assets	4 678 000	3 851 000	4 831 000	5 319 000
Stock	6 790 000	6 815 000	5 855 000	6 138 000
Total Investments	0	0	0	0
Cash, Bank	6 913 000	7 391 000	7 276 000	5 282 000
Total Current Assets	14 151 000	14 819 000	13 693 000	11 961 000
Total Assets	18 829 000	18 670 000	18 525 000	17 280 000
Total Equity	15 915 000	13 773 000	16 005 000	14 775 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	542 000	341 000	463 000	693 000
Unpaid Taxes	352 000	450 000	591 000	495 000
Dividends	0	0	0	0
Other Current Debt	1 381 000	3 401 000	846 000	845 000
Total Current Debt	2 914 000	4 897 000	2 520 000	2 505 000
Total Equity and Debt	18 829 000	18 670 000	18 525 000	17 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,46 %	16,47 %	13 %	11,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,6 %	23,53 %	22,1 %	17,92 %
Current Ratio	4,86	3,03	5,43	4,77
Quick Ratio	−3,65	−7,73	−4,11	−3,29
Equity Ratio	0,85	0,74	0,86	0,86
Gross Profit Margin	58,16 %	63,24 %	59,7 %	60,53 %