GLØRSTAD GRAVING AS

7549 TANEM

Finances

Share Ownership

Return on Equity

56,59 %

Current Ratio

2,9

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 158 000	1 650 000	1 572 000	1 710 000
Net Income	640 000	48 000	−91 000	−4 000
Total Assets	1 351 000	766 000	789 000	945 000
Total Equity	1 131 000	492 000	544 000	635 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 158 000	1 650 000	1 572 000	1 710 000
Expenditure	1 337 000	1 584 000	1 677 000	1 715 000
Operating Profit	821 000	66 000	−104 000	−5 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	1 000	0
Financial Balance	0	−4 000	−1 000	0
Earnings Before Tax	821 000	61 000	−105 000	−5 000
Tax	181 000	14 000	−14 000	−1 000
Net Income	640 000	48 000	−91 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	773 000	157 000	80 000	91 000
Total Current Assets	578 000	609 000	709 000	854 000
Total Assets	1 351 000	766 000	789 000	945 000
Total Retained Equity	1 101 000	462 000	514 000	605 000
Total Equity	1 131 000	492 000	544 000	635 000
Total Long-Term Debt	20 000	6 000	4 000	0
Total Current Debt	199 000	268 000	240 000	310 000
Total Equity and Debt	1 351 000	766 000	789 000	945 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 158 000	1 650 000	1 572 000	1 710 000
Other Income	0	0	0	0
Revenue	2 158 000	1 650 000	1 572 000	1 710 000
Cost of Goods Sold	0	37 000	9 000	9 000
Salary Costs	701 000	852 000	742 000	835 000
Depreciation	106 000	42 000	32 000	29 000
Impairment	0	0	0	0
Expenditure	1 337 000	1 584 000	1 677 000	1 715 000
Operating Profit	821 000	66 000	−104 000	−5 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	1 000	0
Financial Balance	0	−4 000	−1 000	0
Dividends	0	100 000	0	0
Net Income	640 000	48 000	−91 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	198 000	51 000	54 000	78 000
Fixtures	575 000	106 000	26 000	11 000
Total Tangible Assets	773 000	157 000	80 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	773 000	157 000	80 000	91 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	512 000	316 000	346 000	405 000
Total Current Assets	578 000	609 000	709 000	854 000
Total Assets	1 351 000	766 000	789 000	945 000
Total Equity	1 131 000	492 000	544 000	635 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	6 000	4 000	0
Creditors	24 000	53 000	77 000	72 000
Unpaid Taxes	20 000	86 000	93 000	116 000
Dividends	0	100 000	0	0
Other Current Debt	−11 000	16 000	71 000	102 000
Total Current Debt	199 000	268 000	240 000	310 000
Total Equity and Debt	1 351 000	766 000	789 000	945 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,59 %	9,76 %	−16,73 %	−0,63 %
Debt-to-Equity Ratio	0,02	0,01	0,01	0
Operating Profit Margin	38,04 %	4 %	−6,62 %	−0,29 %
Current Ratio	2,9	2,27	2,95	2,75
Quick Ratio	2,9	2,27	2,95	2,75
Equity Ratio	0,84	0,64	0,69	0,67
Gross Profit Margin	100 %	97,76 %	99,43 %	99,47 %