GLENNEVEIEN 7 AS

1408 KRÅKSTAD

Finances

Share Ownership

Return on Equity

−1,17 %

Current Ratio

24,52

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 170 000	2 646 000	1 941 000	3 027 000
Net Income	−509 000	315 000	−557 000	1 824 000
Total Assets	44 358 000	44 510 000	43 185 000	45 270 000
Total Equity	43 560 000	43 159 000	42 845 000	43 401 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 170 000	2 646 000	1 941 000	3 027 000
Expenditure	2 872 000	2 272 000	2 657 000	2 716 000
Operating Profit	−701 000	373 000	−717 000	310 000
Financial Income	49 000	30 000	8 000	2 000
Financial Costs	0	0	5 000	8 000
Financial Balance	49 000	30 000	3 000	−6 000
Earnings Before Tax	−652 000	404 000	−714 000	304 000
Tax	−144 000	89 000	−157 000	−1 520 000
Net Income	−509 000	315 000	−557 000	1 824 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 552 000	33 422 000	33 389 000	33 831 000
Total Current Assets	9 806 000	11 088 000	9 796 000	11 440 000
Total Assets	44 358 000	44 510 000	43 185 000	45 270 000
Total Retained Equity	715 000	315 000	0	−7 152 000
Total Equity	43 560 000	43 159 000	42 845 000	43 401 000
Total Long-Term Debt	397 000	284 000	196 000	1 561 000
Total Current Debt	400 000	1 066 000	145 000	308 000
Total Equity and Debt	44 358 000	44 510 000	43 185 000	45 270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 170 000	2 646 000	1 941 000	3 027 000
Revenue	2 170 000	2 646 000	1 941 000	3 027 000
Cost of Goods Sold	0	0	19 000	0
Salary Costs	85 000	132 000	728 000	800 000
Depreciation	526 000	525 000	525 000	527 000
Impairment	0	0	0	0
Expenditure	2 872 000	2 272 000	2 657 000	2 716 000
Operating Profit	−701 000	373 000	−717 000	310 000
Financial Income	49 000	30 000	8 000	2 000
Financial Costs	0	0	5 000	8 000
Financial Balance	49 000	30 000	3 000	−6 000
Dividends	0	0	0	0
Net Income	−509 000	315 000	−557 000	1 824 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	34 528 000	33 158 000	32 886 000	33 090 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	264 000	503 000	741 000
Total Tangible Assets	34 552 000	33 422 000	33 389 000	33 831 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 552 000	33 422 000	33 389 000	33 831 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 369 000	8 602 000	8 814 000	193 000
Total Current Assets	9 806 000	11 088 000	9 796 000	11 440 000
Total Assets	44 358 000	44 510 000	43 185 000	45 270 000
Total Equity	43 560 000	43 159 000	42 845 000	43 401 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	397 000	284 000	196 000	1 561 000
Creditors	182 000	565 000	9 000	152 000
Unpaid Taxes	218 000	397 000	51 000	81 000
Dividends	0	0	0	0
Other Current Debt	0	103 000	84 000	75 000
Total Current Debt	400 000	1 066 000	145 000	308 000
Total Equity and Debt	44 358 000	44 510 000	43 185 000	45 270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,17 %	0,73 %	−1,3 %	4,2 %
Debt-to-Equity Ratio	0,01	0,01	0	0,04
Operating Profit Margin	−32,3 %	14,1 %	−36,94 %	10,24 %
Current Ratio	24,52	10,4	67,56	37,14
Quick Ratio	24,52	10,4	67,56	37,14
Equity Ratio	0,98	0,97	0,99	0,96
Gross Profit Margin	100 %	100 %	99,02 %	100 %