GLØERSEN & OLSEN AS

0975 OSLO

Finances

Share Ownership

Return on Equity

34,18 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 261 000	1 197 000	1 136 000	1 164 000
Net Income	831 000	765 000	747 000	854 000
Total Assets	3 373 000	3 221 000	2 995 000	2 807 000
Total Equity	2 431 000	2 300 000	2 235 000	2 038 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 261 000	1 197 000	1 136 000	1 164 000
Expenditure	192 000	216 000	184 000	98 000
Operating Profit	1 068 000	981 000	952 000	1 066 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Earnings Before Tax	1 068 000	981 000	952 000	1 068 000
Tax	237 000	216 000	205 000	214 000
Net Income	831 000	765 000	747 000	854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 461 000	1 559 000	1 658 000	1 756 000
Total Current Assets	1 912 000	1 661 000	1 337 000	1 050 000
Total Assets	3 373 000	3 221 000	2 995 000	2 807 000
Total Retained Equity	2 401 000	2 270 000	2 205 000	2 008 000
Total Equity	2 431 000	2 300 000	2 235 000	2 038 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	942 000	920 000	759 000	768 000
Total Equity and Debt	3 373 000	3 221 000	2 995 000	2 807 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 261 000	1 197 000	1 136 000	1 164 000
Revenue	1 261 000	1 197 000	1 136 000	1 164 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	98 000	98 000	98 000	20 000
Impairment	0	0	0	0
Expenditure	192 000	216 000	184 000	98 000
Operating Profit	1 068 000	981 000	952 000	1 066 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Dividends	700 000	700 000	550 000	550 000
Net Income	831 000	765 000	747 000	854 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 461 000	1 559 000	1 658 000	1 756 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 461 000	1 559 000	1 658 000	1 756 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 461 000	1 559 000	1 658 000	1 756 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 890 000	1 643 000	1 318 000	1 027 000
Total Current Assets	1 912 000	1 661 000	1 337 000	1 050 000
Total Assets	3 373 000	3 221 000	2 995 000	2 807 000
Total Equity	2 431 000	2 300 000	2 235 000	2 038 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	4 000	4 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	700 000	700 000	550 000	550 000
Other Current Debt	0	0	0	0
Total Current Debt	942 000	920 000	759 000	768 000
Total Equity and Debt	3 373 000	3 221 000	2 995 000	2 807 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,18 %	33,26 %	33,42 %	41,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	84,69 %	81,95 %	83,8 %	91,58 %
Current Ratio	2,03	1,81	1,76	1,37
Quick Ratio	2,03	1,81	1,76	1,37
Equity Ratio	0,72	0,71	0,75	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %