GULLFAXA AS

1430 ÅS

Finances

Share Ownership

Return on Equity

700 %

Current Ratio

21,75

Debt-to-Equity Ratio

159,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	830 000	416 000	392 000	499 000
Net Income	266 000	−374 000	−195 000	40 000
Total Assets	6 186 000	8 007 000	8 015 000	8 026 000
Total Equity	38 000	−611 000	−237 000	−41 000

Income (NOK)	2022	2021	2020	2019
Revenue	830 000	416 000	392 000	499 000
Expenditure	575 000	329 000	309 000	173 000
Operating Profit	256 000	87 000	82 000	326 000
Financial Income	0	0	0	0
Financial Costs	97 000	461 000	277 000	285 000
Financial Balance	−97 000	−461 000	−277 000	−285 000
Earnings Before Tax	158 000	−374 000	−195 000	40 000
Tax	−107 000	0	0	0
Net Income	266 000	−374 000	−195 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 533 000	7 190 000	7 190 000	7 190 000
Total Current Assets	1 653 000	817 000	824 000	836 000
Total Assets	6 186 000	8 007 000	8 015 000	8 026 000
Total Retained Equity	−514 000	−780 000	−406 000	−210 000
Total Equity	38 000	−611 000	−237 000	−41 000
Total Long-Term Debt	6 073 000	8 599 000	8 227 000	8 062 000
Total Current Debt	76 000	19 000	25 000	5 000
Total Equity and Debt	6 186 000	8 007 000	8 015 000	8 026 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	134 000	0	0	0
Other Income	696 000	416 000	392 000	499 000
Revenue	830 000	416 000	392 000	499 000
Cost of Goods Sold	22 000	0	0	0
Salary Costs	0	115 000	33 000	0
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	575 000	329 000	309 000	173 000
Operating Profit	256 000	87 000	82 000	326 000
Financial Income	0	0	0	0
Financial Costs	97 000	461 000	277 000	285 000
Financial Balance	−97 000	−461 000	−277 000	−285 000
Dividends	0	0	0	0
Net Income	266 000	−374 000	−195 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 518 000	7 190 000	7 190 000	7 190 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	0	0	0
Total Tangible Assets	4 533 000	7 190 000	7 190 000	7 190 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 533 000	7 190 000	7 190 000	7 190 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	419 000	50 000	12 000	22 000
Total Current Assets	1 653 000	817 000	824 000	836 000
Total Assets	6 186 000	8 007 000	8 015 000	8 026 000
Total Equity	38 000	−611 000	−237 000	−41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 073 000	8 599 000	8 227 000	8 062 000
Creditors	32 000	0	4 000	0
Unpaid Taxes	0	0	12 000	0
Dividends	0	0	0	0
Other Current Debt	44 000	19 000	9 000	5 000
Total Current Debt	76 000	19 000	25 000	5 000
Total Equity and Debt	6 186 000	8 007 000	8 015 000	8 026 000

Financial indicators	2022	2021	2020	2019
Return on Equity	700 %	61,21 %	82,28 %	−97,56 %
Debt-to-Equity Ratio	159,82	−14,07	−34,71	−196,63
Operating Profit Margin	30,84 %	20,91 %	20,92 %	65,33 %
Current Ratio	21,75	43	32,96	167,2
Quick Ratio	21,75	43	32,96	167,2
Equity Ratio	0,01	−0,08	−0,03	−0,01
Gross Profit Margin	97,35 %	100 %	100 %	100 %