GULE AS

2260 KIRKENÆR

Finances

Share Ownership

Return on Equity

28,33 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 288 000	1 953 000	1 350 000	1 125 000
Net Income	51 000	45 000	60 000	12 000
Total Assets	1 318 000	913 000	752 000	456 000
Total Equity	180 000	129 000	85 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 288 000	1 953 000	1 350 000	1 125 000
Expenditure	2 184 000	1 860 000	1 274 000	1 101 000
Operating Profit	103 000	94 000	75 000	24 000
Financial Income	3 000	2 000	1 000	1 000
Financial Costs	56 000	51 000	17 000	13 000
Financial Balance	−53 000	−49 000	−16 000	−12 000
Earnings Before Tax	51 000	45 000	60 000	12 000
Tax	0	0	0	0
Net Income	51 000	45 000	60 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 318 000	913 000	752 000	456 000
Total Assets	1 318 000	913 000	752 000	456 000
Total Retained Equity	−21 000	−72 000	−116 000	−176 000
Total Equity	180 000	129 000	85 000	25 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 138 000	784 000	667 000	431 000
Total Equity and Debt	1 318 000	913 000	752 000	456 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 339 000	1 902 000	1 350 000	1 125 000
Other Income	−51 000	51 000	0	0
Revenue	2 288 000	1 953 000	1 350 000	1 125 000
Cost of Goods Sold	1 285 000	1 255 000	810 000	885 000
Salary Costs	224 000	224 000	192 000	108 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 184 000	1 860 000	1 274 000	1 101 000
Operating Profit	103 000	94 000	75 000	24 000
Financial Income	3 000	2 000	1 000	1 000
Financial Costs	56 000	51 000	17 000	13 000
Financial Balance	−53 000	−49 000	−16 000	−12 000
Dividends	0	0	0	0
Net Income	51 000	45 000	60 000	12 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	1 155 000	573 000	557 000	287 000
Total Investments	0	47 000	94 000	94 000
Cash, Bank	133 000	180 000	71 000	0
Total Current Assets	1 318 000	913 000	752 000	456 000
Total Assets	1 318 000	913 000	752 000	456 000
Total Equity	180 000	129 000	85 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	722 000	300 000	536 000	245 000
Unpaid Taxes	−4 000	25 000	18 000	3 000
Dividends	0	0	0	0
Other Current Debt	420 000	459 000	114 000	97 000
Total Current Debt	1 138 000	784 000	667 000	431 000
Total Equity and Debt	1 318 000	913 000	752 000	456 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,33 %	34,88 %	70,59 %	48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,5 %	4,81 %	5,56 %	2,13 %
Current Ratio	1,16	1,16	1,13	1,06
Quick Ratio	−77,53	4,33	6,84	3,17
Equity Ratio	0,14	0,14	0,11	0,05
Gross Profit Margin	43,84 %	35,74 %	40 %	21,33 %