GULVGALLERIET AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

62,75 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	842 000	638 000	2 906 000	2 385 000
Net Income	96 000	−496 000	−68 000	122 000
Total Assets	517 000	201 000	1 310 000	2 103 000
Total Equity	153 000	56 000	553 000	620 000

Income (NOK)	2022	2021	2020	2019
Revenue	842 000	638 000	2 906 000	2 385 000
Expenditure	742 000	1 103 000	3 001 000	2 235 000
Operating Profit	100 000	−485 000	−75 000	150 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	3 000	4 000	6 000	20 000
Financial Balance	−3 000	−3 000	−5 000	−19 000
Earnings Before Tax	96 000	−488 000	−79 000	132 000
Tax	0	8 000	−12 000	9 000
Net Income	96 000	−496 000	−68 000	122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	62 000	138 000	243 000
Total Current Assets	485 000	139 000	1 173 000	1 860 000
Total Assets	517 000	201 000	1 310 000	2 103 000
Total Retained Equity	123 000	26 000	523 000	590 000
Total Equity	153 000	56 000	553 000	620 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	364 000	144 000	758 000	1 483 000
Total Equity and Debt	517 000	201 000	1 310 000	2 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	842 000	554 000	2 843 000	2 513 000
Other Income	0	84 000	63 000	−128 000
Revenue	842 000	638 000	2 906 000	2 385 000
Cost of Goods Sold	233 000	22 000	1 356 000	834 000
Salary Costs	7 000	511 000	773 000	698 000
Depreciation	30 000	68 000	112 000	75 000
Impairment	0	0	0	0
Expenditure	742 000	1 103 000	3 001 000	2 235 000
Operating Profit	100 000	−485 000	−75 000	150 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	3 000	4 000	6 000	20 000
Financial Balance	−3 000	−3 000	−5 000	−19 000
Dividends	0	0	0	0
Net Income	96 000	−496 000	−68 000	122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	8 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	62 000	130 000	242 000
Total Tangible Assets	32 000	62 000	130 000	242 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	62 000	138 000	243 000
Stock	0	0	20 000	0
Total Investments	0	0	0	0
Cash, Bank	295 000	111 000	1 076 000	981 000
Total Current Assets	485 000	139 000	1 173 000	1 860 000
Total Assets	517 000	201 000	1 310 000	2 103 000
Total Equity	153 000	56 000	553 000	620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	3 000	89 000	209 000
Unpaid Taxes	8 000	33 000	393 000	565 000
Dividends	0	0	0	0
Other Current Debt	353 000	108 000	281 000	699 000
Total Current Debt	364 000	144 000	758 000	1 483 000
Total Equity and Debt	517 000	201 000	1 310 000	2 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,75 %	−885,71 %	−12,3 %	19,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,88 %	−76,02 %	−2,58 %	6,29 %
Current Ratio	1,33	0,97	1,55	1,25
Quick Ratio	1,33	0,97	1,59	1,25
Equity Ratio	0,3	0,28	0,42	0,29
Gross Profit Margin	72,33 %	96,55 %	53,34 %	65,03 %