GULLSMED OG URMAKER ØIESVOLD AS

2050 JESSHEIM

Finances

Return on Equity

30,58 %

Current Ratio

2,78

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 040 000	3 309 000	3 141 000	3 009 000
Net Income	319 000	−27 000	193 000	312 000
Total Assets	2 366 000	2 356 000	2 512 000	2 008 000
Total Equity	1 043 000	724 000	951 000	758 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 040 000	3 309 000	3 141 000	3 009 000
Expenditure	3 599 000	3 313 000	2 861 000	2 576 000
Operating Profit	441 000	−3 000	280 000	433 000
Financial Income	3 000	2 000	0	0
Financial Costs	34 000	33 000	32 000	34 000
Financial Balance	−31 000	−31 000	−32 000	−34 000
Earnings Before Tax	410 000	−34 000	248 000	400 000
Tax	91 000	−7 000	54 000	88 000
Net Income	319 000	−27 000	193 000	312 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 000	344 000	414 000	20 000
Total Current Assets	2 129 000	2 012 000	2 098 000	1 988 000
Total Assets	2 366 000	2 356 000	2 512 000	2 008 000
Total Retained Equity	993 000	674 000	901 000	708 000
Total Equity	1 043 000	724 000	951 000	758 000
Total Long-Term Debt	556 000	748 000	980 000	682 000
Total Current Debt	766 000	884 000	581 000	567 000
Total Equity and Debt	2 366 000	2 356 000	2 512 000	2 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 040 000	3 257 000	3 125 000	3 009 000
Other Income	0	52 000	16 000	0
Revenue	4 040 000	3 309 000	3 141 000	3 009 000
Cost of Goods Sold	1 430 000	1 409 000	1 041 000	1 040 000
Salary Costs	1 501 000	1 334 000	1 185 000	1 081 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 599 000	3 313 000	2 861 000	2 576 000
Operating Profit	441 000	−3 000	280 000	433 000
Financial Income	3 000	2 000	0	0
Financial Costs	34 000	33 000	32 000	34 000
Financial Balance	−31 000	−31 000	−32 000	−34 000
Dividends	0	200 000	0	0
Net Income	319 000	−27 000	193 000	312 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	23 000	16 000	20 000
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	226 000	321 000	398 000	0
Total Fixed Assets	236 000	344 000	414 000	20 000
Stock	1 912 000	1 654 000	1 717 000	1 576 000
Total Investments	0	0	0	0
Cash, Bank	185 000	328 000	350 000	382 000
Total Current Assets	2 129 000	2 012 000	2 098 000	1 988 000
Total Assets	2 366 000	2 356 000	2 512 000	2 008 000
Total Equity	1 043 000	724 000	951 000	758 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	556 000	748 000	980 000	682 000
Creditors	44 000	62 000	7 000	0
Unpaid Taxes	127 000	124 000	155 000	138 000
Dividends	0	200 000	0	0
Other Current Debt	517 000	498 000	368 000	346 000
Total Current Debt	766 000	884 000	581 000	567 000
Total Equity and Debt	2 366 000	2 356 000	2 512 000	2 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,58 %	−3,73 %	20,29 %	41,16 %
Debt-to-Equity Ratio	0,53	1,03	1,03	0,9
Operating Profit Margin	10,92 %	−0,09 %	8,91 %	14,39 %
Current Ratio	2,78	2,28	3,61	3,51
Quick Ratio	−1,86	−2,61	−1,85	−1,97
Equity Ratio	0,44	0,31	0,38	0,38
Gross Profit Margin	64,6 %	57,42 %	66,86 %	65,44 %