GLIMTE AS

4311 HOMMERSÅK

Finances

Return on Equity

62,57 %

Current Ratio

6,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 210 000	1 775 000	1 494 000	433 000
Net Income	1 473 000	1 391 000	1 151 000	314 000
Total Assets	2 793 000	3 491 000	2 058 000	690 000
Total Equity	2 354 000	881 000	1 650 000	568 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 210 000	1 775 000	1 494 000	433 000
Expenditure	356 000	146 000	117 000	31 000
Operating Profit	1 854 000	1 629 000	1 376 000	402 000
Financial Income	3 000	126 000	100 000	0
Financial Costs	0	1 000	0	0
Financial Balance	3 000	125 000	100 000	0
Earnings Before Tax	1 857 000	1 754 000	1 476 000	402 000
Tax	384 000	363 000	325 000	87 000
Net Income	1 473 000	1 391 000	1 151 000	314 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	139 000	167 000	116 000	0
Total Current Assets	2 654 000	3 324 000	1 942 000	690 000
Total Assets	2 793 000	3 491 000	2 058 000	690 000
Total Retained Equity	2 324 000	856 000	1 625 000	544 000
Total Equity	2 354 000	881 000	1 650 000	568 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	439 000	2 610 000	408 000	122 000
Total Equity and Debt	2 793 000	3 491 000	2 058 000	690 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 210 000	1 775 000	1 494 000	433 000
Other Income	0	0	0	0
Revenue	2 210 000	1 775 000	1 494 000	433 000
Cost of Goods Sold	230 000	27 000	18 000	0
Salary Costs	4 000	4 000	0	0
Depreciation	28 000	28 000	8 000	0
Impairment	0	0	0	0
Expenditure	356 000	146 000	117 000	31 000
Operating Profit	1 854 000	1 629 000	1 376 000	402 000
Financial Income	3 000	126 000	100 000	0
Financial Costs	0	1 000	0	0
Financial Balance	3 000	125 000	100 000	0
Dividends	0	2 160 000	0	0
Net Income	1 473 000	1 391 000	1 151 000	314 000

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	28 000	56 000	66 000	0
Total Tangible Assets	28 000	56 000	66 000	0
Total Fiancial Fixed Assets	111 000	111 000	50 000	0
Total Fixed Assets	139 000	167 000	116 000	0
Stock	0	0	0	0
Total Investments	0	0	599 000	0
Cash, Bank	2 578 000	3 022 000	1 343 000	589 000
Total Current Assets	2 654 000	3 324 000	1 942 000	690 000
Total Assets	2 793 000	3 491 000	2 058 000	690 000
Total Equity	2 354 000	881 000	1 650 000	568 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	25 000	1 000	0
Unpaid Taxes	27 000	90 000	77 000	34 000
Dividends	0	2 160 000	0	0
Other Current Debt	4 000	10 000	5 000	0
Total Current Debt	439 000	2 610 000	408 000	122 000
Total Equity and Debt	2 793 000	3 491 000	2 058 000	690 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,57 %	157,89 %	69,76 %	55,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	83,89 %	91,77 %	92,1 %	92,84 %
Current Ratio	6,05	1,27	4,76	5,66
Quick Ratio	6,05	1,27	4,76	5,66
Equity Ratio	0,84	0,25	0,8	0,82
Gross Profit Margin	89,59 %	98,48 %	98,8 %	100 %