GOLFSTREAM AS

3222 SANDEFJORD

Finances

Share Ownership

Return on Equity

−3,71 %

Current Ratio

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 000	371 000	318 000	1 010 000
Net Income	−200 000	81 000	−206 000	−53 000
Total Assets	5 588 000	5 639 000	6 342 000	6 413 000
Total Equity	5 398 000	5 407 000	5 326 000	5 367 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 000	371 000	318 000	1 010 000
Expenditure	299 000	267 000	582 000	1 078 000
Operating Profit	−256 000	104 000	−264 000	−68 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	−256 000	104 000	−264 000	−68 000
Tax	−56 000	23 000	−58 000	−15 000
Net Income	−200 000	81 000	−206 000	−53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 210 000	5 567 000	5 973 000	6 194 000
Total Current Assets	378 000	72 000	369 000	219 000
Total Assets	5 588 000	5 639 000	6 342 000	6 413 000
Total Retained Equity	−3 726 000	−3 526 000	−3 607 000	−3 401 000
Total Equity	5 398 000	5 407 000	5 326 000	5 367 000
Total Long-Term Debt	127 000	130 000	518 000	574 000
Total Current Debt	63 000	103 000	498 000	471 000
Total Equity and Debt	5 588 000	5 639 000	6 342 000	6 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 000	0	273 000	965 000
Other Income	0	371 000	45 000	45 000
Revenue	43 000	371 000	318 000	1 010 000
Cost of Goods Sold	0	0	70 000	79 000
Salary Costs	0	0	77 000	157 000
Depreciation	221 000	221 000	221 000	221 000
Impairment	0	0	0	0
Expenditure	299 000	267 000	582 000	1 078 000
Operating Profit	−256 000	104 000	−264 000	−68 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	−200 000	81 000	−206 000	−53 000

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	1 331 000	1 552 000	1 773 000	1 994 000
Total Fiancial Fixed Assets	3 880 000	4 015 000	4 200 000	4 200 000
Total Fixed Assets	5 210 000	5 567 000	5 973 000	6 194 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	132 000	61 000	134 000	184 000
Total Current Assets	378 000	72 000	369 000	219 000
Total Assets	5 588 000	5 639 000	6 342 000	6 413 000
Total Equity	5 398 000	5 407 000	5 326 000	5 367 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	127 000	130 000	518 000	574 000
Creditors	2 000	2 000	472 000	433 000
Unpaid Taxes	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	60 000	59 000	25 000	29 000
Total Current Debt	63 000	103 000	498 000	471 000
Total Equity and Debt	5 588 000	5 639 000	6 342 000	6 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,71 %	1,5 %	−3,87 %	−0,99 %
Debt-to-Equity Ratio	0,02	0,02	0,1	0,11
Operating Profit Margin	−595,35 %	28,03 %	−83,02 %	−6,73 %
Current Ratio	6	0,7	0,74	0,46
Quick Ratio	6	0,7	0,74	0,46
Equity Ratio	0,97	0,96	0,84	0,84
Gross Profit Margin	100 %	100 %	77,99 %	92,18 %