GLAD MAT AS

4021 STAVANGER

Finances

Share Ownership

Return on Equity

2,65 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 954 000	8 030 000	3 989 000	12 206 000
Net Income	50 000	0	−110 000	415 000
Total Assets	2 815 000	2 575 000	2 956 000	2 614 000
Total Equity	1 888 000	1 838 000	1 839 000	1 949 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 954 000	8 030 000	3 989 000	12 206 000
Expenditure	11 906 000	7 947 000	4 094 000	11 793 000
Operating Profit	50 000	83 000	−106 000	413 000
Financial Income	3 000	4 000	3 000	3 000
Financial Costs	3 000	87 000	8 000	1 000
Financial Balance	0	−83 000	−5 000	2 000
Earnings Before Tax	50 000	0	−110 000	415 000
Tax	0	0	0	0
Net Income	50 000	0	−110 000	415 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	649 000	541 000	273 000	128 000
Total Current Assets	2 166 000	2 034 000	2 683 000	2 486 000
Total Assets	2 815 000	2 575 000	2 956 000	2 614 000
Total Retained Equity	1 765 000	1 716 000	1 716 000	1 827 000
Total Equity	1 888 000	1 838 000	1 839 000	1 949 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	927 000	736 000	1 117 000	665 000
Total Equity and Debt	2 815 000	2 575 000	2 956 000	2 614 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 161 000	1 809 000	653 000	2 004 000
Other Income	9 793 000	6 221 000	3 335 000	10 202 000
Revenue	11 954 000	8 030 000	3 989 000	12 206 000
Cost of Goods Sold	7 583 000	4 014 000	972 000	7 047 000
Salary Costs	2 228 000	2 333 000	2 065 000	2 083 000
Depreciation	186 000	143 000	66 000	20 000
Impairment	0	0	0	0
Expenditure	11 906 000	7 947 000	4 094 000	11 793 000
Operating Profit	50 000	83 000	−106 000	413 000
Financial Income	3 000	4 000	3 000	3 000
Financial Costs	3 000	87 000	8 000	1 000
Financial Balance	0	−83 000	−5 000	2 000
Dividends	0	0	0	0
Net Income	50 000	0	−110 000	415 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	310 000	331 000	243 000	84 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	339 000	210 000	0	13 000
Total Tangible Assets	339 000	210 000	0	13 000
Total Fiancial Fixed Assets	0	0	30 000	30 000
Total Fixed Assets	649 000	541 000	273 000	128 000
Stock	155 000	237 000	124 000	129 000
Total Investments	2 000	2 000	2 000	2 000
Cash, Bank	1 702 000	1 674 000	2 044 000	1 948 000
Total Current Assets	2 166 000	2 034 000	2 683 000	2 486 000
Total Assets	2 815 000	2 575 000	2 956 000	2 614 000
Total Equity	1 888 000	1 838 000	1 839 000	1 949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	279 000	26 000	154 000	349 000
Unpaid Taxes	137 000	134 000	144 000	132 000
Dividends	0	0	0	0
Other Current Debt	511 000	475 000	519 000	184 000
Total Current Debt	927 000	736 000	1 117 000	665 000
Total Equity and Debt	2 815 000	2 575 000	2 956 000	2 614 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,65 %	0 %	−5,98 %	21,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,42 %	1,03 %	−2,66 %	3,38 %
Current Ratio	2,34	2,76	2,4	3,74
Quick Ratio	2,81	4,08	2,7	4,64
Equity Ratio	0,67	0,71	0,62	0,75
Gross Profit Margin	36,57 %	50,01 %	75,63 %	42,27 %