GLENNE III BORETTSLAG

1776 HALDEN

Finances

Share Ownership

Return on Equity

9,76 %

Current Ratio

6,14

Debt-to-Equity Ratio

10,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 369 000	1 321 000	1 286 000	1 286 000
Net Income	78 000	141 000	−52 000	226 000
Total Assets	9 021 000	9 261 000	9 038 000	9 402 000
Total Equity	799 000	721 000	579 000	631 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 369 000	1 321 000	1 286 000	1 286 000
Expenditure	1 047 000	1 004 000	1 152 000	859 000
Operating Profit	280 000	275 000	113 000	426 000
Financial Income	7 000	4 000	5 000	9 000
Financial Costs	209 000	138 000	170 000	209 000
Financial Balance	−202 000	−134 000	−165 000	−200 000
Earnings Before Tax	119 000	183 000	−31 000	226 000
Tax	0	0	0	0
Net Income	78 000	141 000	−52 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 936 000	8 859 000	8 862 000	8 865 000
Total Current Assets	86 000	402 000	177 000	537 000
Total Assets	9 021 000	9 261 000	9 038 000	9 402 000
Total Retained Equity	797 000	719 000	578 000	630 000
Total Equity	799 000	721 000	579 000	631 000
Total Long-Term Debt	8 209 000	8 528 000	8 444 000	8 713 000
Total Current Debt	14 000	12 000	14 000	57 000
Total Equity and Debt	9 021 000	9 261 000	9 038 000	9 402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 369 000	1 321 000	1 286 000	1 286 000
Revenue	1 369 000	1 321 000	1 286 000	1 286 000
Cost of Goods Sold	0	0	0	0
Salary Costs	56 000	51 000	52 000	45 000
Depreciation	2 000	2 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	1 047 000	1 004 000	1 152 000	859 000
Operating Profit	280 000	275 000	113 000	426 000
Financial Income	7 000	4 000	5 000	9 000
Financial Costs	209 000	138 000	170 000	209 000
Financial Balance	−202 000	−134 000	−165 000	−200 000
Dividends	0	0	0	0
Net Income	78 000	141 000	−52 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 859 000	8 859 000	8 859 000	8 859 000
Machinery and Plant Facilities	76 000	0	2 000	5 000
Fixtures	0	0	0	0
Total Tangible Assets	8 936 000	8 859 000	8 862 000	8 865 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 936 000	8 859 000	8 862 000	8 865 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	78 000	402 000	170 000	537 000
Total Current Assets	86 000	402 000	177 000	537 000
Total Assets	9 021 000	9 261 000	9 038 000	9 402 000
Total Equity	799 000	721 000	579 000	631 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 209 000	8 528 000	8 444 000	8 713 000
Creditors	13 000	12 000	14 000	49 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	0	0	8 000
Total Current Debt	14 000	12 000	14 000	57 000
Total Equity and Debt	9 021 000	9 261 000	9 038 000	9 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,76 %	19,56 %	−8,98 %	35,82 %
Debt-to-Equity Ratio	10,27	11,83	14,58	13,81
Operating Profit Margin	20,45 %	20,82 %	8,79 %	33,13 %
Current Ratio	6,14	33,5	12,64	9,42
Quick Ratio	6,14	33,5	12,64	9,42
Equity Ratio	0,09	0,08	0,06	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %