GULVVARME AS

6230 SYKKYLVEN

Finances

Share Ownership

Return on Equity

85,38 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 278 000	1 393 000	1 742 000	1 335 000
Net Income	111 000	−19 000	103 000	298 000
Total Assets	444 000	226 000	627 000	577 000
Total Equity	130 000	19 000	38 000	36 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 278 000	1 393 000	1 742 000	1 335 000
Expenditure	1 135 000	1 405 000	1 599 000	979 000
Operating Profit	143 000	−13 000	143 000	356 000
Financial Income	0	2 000	2 000	0
Financial Costs	8 000	8 000	15 000	9 000
Financial Balance	−8 000	−6 000	−13 000	−9 000
Earnings Before Tax	135 000	−19 000	130 000	347 000
Tax	24 000	0	27 000	48 000
Net Income	111 000	−19 000	103 000	298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	444 000	226 000	627 000	577 000
Total Assets	444 000	226 000	627 000	577 000
Total Retained Equity	95 000	−16 000	3 000	1 000
Total Equity	130 000	19 000	38 000	36 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	313 000	207 000	589 000	541 000
Total Equity and Debt	444 000	226 000	627 000	577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 278 000	1 393 000	1 742 000	1 335 000
Other Income	0	0	0	0
Revenue	1 278 000	1 393 000	1 742 000	1 335 000
Cost of Goods Sold	84 000	247 000	644 000	151 000
Salary Costs	1 022 000	1 099 000	893 000	761 000
Depreciation	0	0	0	15 000
Impairment	0	0	0	0
Expenditure	1 135 000	1 405 000	1 599 000	979 000
Operating Profit	143 000	−13 000	143 000	356 000
Financial Income	0	2 000	2 000	0
Financial Costs	8 000	8 000	15 000	9 000
Financial Balance	−8 000	−6 000	−13 000	−9 000
Dividends	0	0	100 000	300 000
Net Income	111 000	−19 000	103 000	298 000

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	0	0	218 000	289 000
Total Investments	0	0	0	0
Cash, Bank	380 000	225 000	35 000	284 000
Total Current Assets	444 000	226 000	627 000	577 000
Total Assets	444 000	226 000	627 000	577 000
Total Equity	130 000	19 000	38 000	36 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	2 000	8 000	9 000
Unpaid Taxes	152 000	92 000	162 000	80 000
Dividends	0	0	100 000	300 000
Other Current Debt	135 000	113 000	139 000	104 000
Total Current Debt	313 000	207 000	589 000	541 000
Total Equity and Debt	444 000	226 000	627 000	577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,38 %	−100 %	271,05 %	827,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,19 %	−0,93 %	8,21 %	26,67 %
Current Ratio	1,42	1,09	1,06	1,07
Quick Ratio	1,42	1,09	1,69	2,29
Equity Ratio	0,29	0,08	0,06	0,06
Gross Profit Margin	93,43 %	82,27 %	63,03 %	88,69 %