GLOCAL TAX & PAYROLL AS

4031 STAVANGER

Finances

Return on Equity

21,94 %

Current Ratio

7,9

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 237 000	3 396 000	3 390 000	3 972 000
Net Income	1 256 000	1 269 000	1 157 000	2 072 000
Total Assets	6 596 000	5 631 000	4 505 000	3 634 000
Total Equity	5 724 000	4 468 000	3 599 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 237 000	3 396 000	3 390 000	3 972 000
Expenditure	610 000	1 722 000	1 943 000	1 297 000
Operating Profit	1 628 000	1 673 000	1 448 000	2 675 000
Financial Income	0	0	3 000	0
Financial Costs	17 000	16 000	5 000	2 000
Financial Balance	−17 000	−16 000	−2 000	−2 000
Earnings Before Tax	1 611 000	1 657 000	1 446 000	2 673 000
Tax	355 000	388 000	289 000	601 000
Net Income	1 256 000	1 269 000	1 157 000	2 072 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 097 000	2 510 000	1 888 000	1 641 000
Total Current Assets	3 499 000	3 121 000	2 616 000	1 993 000
Total Assets	6 596 000	5 631 000	4 505 000	3 634 000
Total Retained Equity	5 694 000	4 438 000	3 569 000	0
Total Equity	5 724 000	4 468 000	3 599 000	30 000
Total Long-Term Debt	429 000	157 000	8 000	8 000
Total Current Debt	443 000	1 007 000	898 000	3 596 000
Total Equity and Debt	6 596 000	5 631 000	4 505 000	3 634 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 082 000	3 396 000	3 390 000	3 308 000
Other Income	−844 000	0	0	663 000
Revenue	2 237 000	3 396 000	3 390 000	3 972 000
Cost of Goods Sold	40 000	58 000	94 000	69 000
Salary Costs	288 000	1 217 000	1 625 000	909 000
Depreciation	0	38 000	42 000	42 000
Impairment	0	0	0	0
Expenditure	610 000	1 722 000	1 943 000	1 297 000
Operating Profit	1 628 000	1 673 000	1 448 000	2 675 000
Financial Income	0	0	3 000	0
Financial Costs	17 000	16 000	5 000	2 000
Financial Balance	−17 000	−16 000	−2 000	−2 000
Dividends	0	400 000	0	2 612 000
Net Income	1 256 000	1 269 000	1 157 000	2 072 000

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	160 000	160 000	198 000	80 000
Total Tangible Assets	160 000	160 000	198 000	80 000
Total Fiancial Fixed Assets	2 937 000	2 350 000	1 690 000	1 561 000
Total Fixed Assets	3 097 000	2 510 000	1 888 000	1 641 000
Stock	0	0	0	0
Total Investments	230 000	130 000	0	0
Cash, Bank	758 000	1 020 000	566 000	185 000
Total Current Assets	3 499 000	3 121 000	2 616 000	1 993 000
Total Assets	6 596 000	5 631 000	4 505 000	3 634 000
Total Equity	5 724 000	4 468 000	3 599 000	30 000
Short-Term Group Debt	10 000	10 000	10 000	10 000
Total Long-Term Debt	429 000	157 000	8 000	8 000
Creditors	0	10 000	2 000	61 000
Unpaid Taxes	0	23 000	150 000	108 000
Dividends	0	400 000	0	2 612 000
Other Current Debt	82 000	184 000	247 000	204 000
Total Current Debt	443 000	1 007 000	898 000	3 596 000
Total Equity and Debt	6 596 000	5 631 000	4 505 000	3 634 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,94 %	28,4 %	32,15 %	6 906,67 %
Debt-to-Equity Ratio	0,07	0,04	0	0,27
Operating Profit Margin	72,78 %	49,26 %	42,71 %	67,35 %
Current Ratio	7,9	3,1	2,91	0,55
Quick Ratio	7,9	3,1	2,91	0,55
Equity Ratio	0,87	0,79	0,8	0,01
Gross Profit Margin	98,21 %	98,29 %	97,23 %	98,26 %