GLASS OG SPEIL AS ALF OLE OG LUBIS GLASS OG RAMMEVERKSTED

8514 NARVIK

Finances

Share Ownership

Return on Equity

15,63 %

Current Ratio

2,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 992 000	1 719 000	2 059 000	1 173 000
Net Income	85 000	−8 000	330 000	−76 000
Total Assets	897 000	671 000	751 000	325 000
Total Equity	544 000	458 000	467 000	137 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 992 000	1 719 000	2 059 000	1 173 000
Expenditure	1 881 000	1 724 000	1 663 000	1 249 000
Operating Profit	110 000	−5 000	395 000	−75 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	110 000	−5 000	395 000	−76 000
Tax	25 000	3 000	66 000	0
Net Income	85 000	−8 000	330 000	−76 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	20 000	33 000	0
Total Current Assets	861 000	651 000	717 000	325 000
Total Assets	897 000	671 000	751 000	325 000
Total Retained Equity	394 000	308 000	317 000	−13 000
Total Equity	544 000	458 000	467 000	137 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	353 000	212 000	283 000	187 000
Total Equity and Debt	897 000	671 000	751 000	325 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 992 000	1 719 000	2 059 000	1 167 000
Other Income	0	0	0	6 000
Revenue	1 992 000	1 719 000	2 059 000	1 173 000
Cost of Goods Sold	815 000	698 000	682 000	477 000
Salary Costs	651 000	621 000	616 000	455 000
Depreciation	14 000	14 000	8 000	0
Impairment	0	0	0	0
Expenditure	1 881 000	1 724 000	1 663 000	1 249 000
Operating Profit	110 000	−5 000	395 000	−75 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	85 000	−8 000	330 000	−76 000

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	6 000	20 000	33 000	0
Total Tangible Assets	6 000	20 000	33 000	0
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	36 000	20 000	33 000	0
Stock	329 000	274 000	351 000	242 000
Total Investments	0	0	0	0
Cash, Bank	457 000	256 000	333 000	16 000
Total Current Assets	861 000	651 000	717 000	325 000
Total Assets	897 000	671 000	751 000	325 000
Total Equity	544 000	458 000	467 000	137 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	125 000	24 000	51 000	103 000
Unpaid Taxes	108 000	113 000	95 000	28 000
Dividends	0	0	0	0
Other Current Debt	94 000	71 000	72 000	56 000
Total Current Debt	353 000	212 000	283 000	187 000
Total Equity and Debt	897 000	671 000	751 000	325 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,63 %	−1,75 %	70,66 %	−55,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,52 %	−0,29 %	19,18 %	−6,39 %
Current Ratio	2,44	3,07	2,53	1,74
Quick Ratio	35,88	−10,5	−10,54	−5,91
Equity Ratio	0,61	0,68	0,62	0,42
Gross Profit Margin	59,09 %	59,39 %	66,88 %	59,34 %