GLASTAD CAPITAL AS

4550 FARSUND

Finances

Return on Equity

4,29 %

Current Ratio

0,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 852 000	2 068 000	1 965 000	727 000
Net Income	17 500 000	152 043 000	26 388 000	−4 795 000
Total Assets	541 570 000	490 779 000	1 264 424 000	197 215 000
Total Equity	408 345 000	390 846 000	1 248 854 000	196 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 852 000	2 068 000	1 965 000	727 000
Expenditure	179 000	212 000	2 435 000	5 458 000
Operating Profit	21 674 000	1 856 000	−470 000	−4 731 000
Financial Income	−2 141 000	149 140 000	28 116 000	14 562 000
Financial Costs	2 033 000	−1 048 000	1 257 000	14 626 000
Financial Balance	−4 174 000	150 188 000	26 859 000	−64 000
Earnings Before Tax	17 500 000	152 043 000	26 388 000	−4 795 000
Tax	0	0	0	0
Net Income	17 500 000	152 043 000	26 388 000	−4 795 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	425 922 000	312 785 000	1 205 194 000	86 899 000
Total Current Assets	115 648 000	177 994 000	59 230 000	110 315 000
Total Assets	541 570 000	490 779 000	1 264 424 000	197 215 000
Total Retained Equity	281 164 000	263 664 000	161 621 000	135 233 000
Total Equity	408 345 000	390 846 000	1 248 854 000	196 770 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	133 224 000	99 934 000	15 570 000	445 000
Total Equity and Debt	541 570 000	490 779 000	1 264 424 000	197 215 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	21 852 000	2 068 000	1 965 000	727 000
Revenue	21 852 000	2 068 000	1 965 000	727 000
Cost of Goods Sold	0	0	0	0
Salary Costs	825 000	0	0	0
Depreciation	2 000	0	0	14 000
Impairment	0	0	0	0
Expenditure	179 000	212 000	2 435 000	5 458 000
Operating Profit	21 674 000	1 856 000	−470 000	−4 731 000
Financial Income	−2 141 000	149 140 000	28 116 000	14 562 000
Financial Costs	2 033 000	−1 048 000	1 257 000	14 626 000
Financial Balance	−4 174 000	150 188 000	26 859 000	−64 000
Dividends	0	50 000 000	0	0
Net Income	17 500 000	152 043 000	26 388 000	−4 795 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 190 000	9 190 000	9 190 000	9 190 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	240 000	211 000	211 000	211 000
Total Tangible Assets	240 000	211 000	211 000	211 000
Total Fiancial Fixed Assets	416 492 000	303 384 000	1 195 793 000	77 499 000
Total Fixed Assets	425 922 000	312 785 000	1 205 194 000	86 899 000
Stock	0	0	0	0
Total Investments	26 150 000	38 820 000	34 350 000	42 128 000
Cash, Bank	1 415 000	509 000	2 477 000	170 000
Total Current Assets	115 648 000	177 994 000	59 230 000	110 315 000
Total Assets	541 570 000	490 779 000	1 264 424 000	197 215 000
Total Equity	408 345 000	390 846 000	1 248 854 000	196 770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	84 000	44 000	179 000	26 000
Unpaid Taxes	168 000	0	0	0
Dividends	0	50 000 000	0	0
Other Current Debt	132 972 000	49 890 000	15 391 000	418 000
Total Current Debt	133 224 000	99 934 000	15 570 000	445 000
Total Equity and Debt	541 570 000	490 779 000	1 264 424 000	197 215 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,29 %	38,9 %	2,11 %	−2,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	99,19 %	89,75 %	−23,92 %	−650,76 %
Current Ratio	0,87	1,78	3,8	247,9
Quick Ratio	0,87	1,78	3,8	247,9
Equity Ratio	0,75	0,8	0,99	1
Gross Profit Margin	100 %	100 %	100 %	100 %