GULL GALLERIET AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

8,1 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 516 000	3 392 000	3 016 000	2 928 000
Net Income	159 000	350 000	271 000	182 000
Total Assets	3 814 000	3 502 000	3 210 000	2 907 000
Total Equity	1 964 000	1 805 000	1 455 000	1 184 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 516 000	3 392 000	3 016 000	2 928 000
Expenditure	3 298 000	2 939 000	2 656 000	2 677 000
Operating Profit	219 000	454 000	361 000	251 000
Financial Income	0	0	0	0
Financial Costs	14 000	6 000	14 000	18 000
Financial Balance	−14 000	−6 000	−14 000	−18 000
Earnings Before Tax	204 000	448 000	347 000	234 000
Tax	45 000	99 000	76 000	51 000
Net Income	159 000	350 000	271 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	377 000	245 000	306 000	370 000
Total Current Assets	3 437 000	3 257 000	2 905 000	2 537 000
Total Assets	3 814 000	3 502 000	3 210 000	2 907 000
Total Retained Equity	1 864 000	1 705 000	1 355 000	1 084 000
Total Equity	1 964 000	1 805 000	1 455 000	1 184 000
Total Long-Term Debt	165 000	1 117 000	1 203 000	1 284 000
Total Current Debt	1 685 000	580 000	553 000	439 000
Total Equity and Debt	3 814 000	3 502 000	3 210 000	2 907 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 516 000	3 392 000	3 008 000	2 928 000
Other Income	0	0	8 000	0
Revenue	3 516 000	3 392 000	3 016 000	2 928 000
Cost of Goods Sold	1 447 000	1 396 000	1 130 000	1 162 000
Salary Costs	1 239 000	1 125 000	1 003 000	1 040 000
Depreciation	97 000	65 000	65 000	66 000
Impairment	0	0	0	0
Expenditure	3 298 000	2 939 000	2 656 000	2 677 000
Operating Profit	219 000	454 000	361 000	251 000
Financial Income	0	0	0	0
Financial Costs	14 000	6 000	14 000	18 000
Financial Balance	−14 000	−6 000	−14 000	−18 000
Dividends	0	0	0	0
Net Income	159 000	350 000	271 000	182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	14 000	10 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	249 000	118 000	183 000	247 000
Total Tangible Assets	249 000	118 000	183 000	247 000
Total Fiancial Fixed Assets	113 000	113 000	113 000	113 000
Total Fixed Assets	377 000	245 000	306 000	370 000
Stock	3 070 000	2 836 000	2 481 000	2 311 000
Total Investments	0	0	0	0
Cash, Bank	217 000	294 000	407 000	173 000
Total Current Assets	3 437 000	3 257 000	2 905 000	2 537 000
Total Assets	3 814 000	3 502 000	3 210 000	2 907 000
Total Equity	1 964 000	1 805 000	1 455 000	1 184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	165 000	1 117 000	1 203 000	1 284 000
Creditors	205 000	240 000	148 000	134 000
Unpaid Taxes	201 000	133 000	224 000	159 000
Dividends	0	0	0	0
Other Current Debt	1 233 000	105 000	103 000	97 000
Total Current Debt	1 685 000	580 000	553 000	439 000
Total Equity and Debt	3 814 000	3 502 000	3 210 000	2 907 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,1 %	19,39 %	18,63 %	15,37 %
Debt-to-Equity Ratio	0,08	0,62	0,83	1,08
Operating Profit Margin	6,23 %	13,38 %	11,97 %	8,57 %
Current Ratio	2,04	5,62	5,25	5,78
Quick Ratio	−2,48	−1,44	−1,51	−1,36
Equity Ratio	0,51	0,52	0,45	0,41
Gross Profit Margin	58,85 %	58,84 %	62,53 %	60,31 %