GJØVIK GLASSVERK AS

2815 GJØVIK

Finances

Share Ownership

Return on Equity

3,18 %

Current Ratio

21,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 127 000	25 000	4 729 000	674 000
Net Income	665 000	6 498 000	3 487 000	−1 214 000
Total Assets	21 941 000	25 440 000	26 736 000	29 426 000
Total Equity	20 934 000	20 269 000	13 771 000	10 284 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 127 000	25 000	4 729 000	674 000
Expenditure	3 462 000	777 000	1 042 000	1 804 000
Operating Profit	665 000	−752 000	3 686 000	−1 130 000
Financial Income	0	7 250 000	1 000	0
Financial Costs	0	0	200 000	84 000
Financial Balance	0	7 250 000	−199 000	−84 000
Earnings Before Tax	665 000	6 498 000	3 487 000	−1 214 000
Tax	0	0	0	0
Net Income	665 000	6 498 000	3 487 000	−1 214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	336 000	121 000	521 000	551 000
Total Current Assets	21 605 000	25 319 000	26 215 000	28 874 000
Total Assets	21 941 000	25 440 000	26 736 000	29 426 000
Total Retained Equity	−9 909 000	−10 574 000	−17 072 000	−20 559 000
Total Equity	20 934 000	20 269 000	13 771 000	10 284 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 007 000	5 171 000	12 965 000	19 142 000
Total Equity and Debt	21 941 000	25 440 000	26 736 000	29 426 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 127 000	25 000	−134 000	366 000
Other Income	0	0	4 862 000	308 000
Revenue	4 127 000	25 000	4 729 000	674 000
Cost of Goods Sold	2 642 000	24 000	0	0
Salary Costs	8 000	92 000	235 000	190 000
Depreciation	84 000	0	0	70 000
Impairment	0	0	0	0
Expenditure	3 462 000	777 000	1 042 000	1 804 000
Operating Profit	665 000	−752 000	3 686 000	−1 130 000
Financial Income	0	7 250 000	1 000	0
Financial Costs	0	0	200 000	84 000
Financial Balance	0	7 250 000	−199 000	−84 000
Dividends	0	0	0	0
Net Income	665 000	6 498 000	3 487 000	−1 214 000

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	336 000	0	0	0
Fixtures	0	111 000	111 000	111 000
Total Tangible Assets	336 000	111 000	111 000	111 000
Total Fiancial Fixed Assets	0	10 000	410 000	440 000
Total Fixed Assets	336 000	121 000	521 000	551 000
Stock	3 946 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	107 000	8 000	12 000	104 000
Total Current Assets	21 605 000	25 319 000	26 215 000	28 874 000
Total Assets	21 941 000	25 440 000	26 736 000	29 426 000
Total Equity	20 934 000	20 269 000	13 771 000	10 284 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 072 000	31 000	8 802 000	14 960 000
Unpaid Taxes	−144 000	0	12 000	88 000
Dividends	0	0	0	0
Other Current Debt	78 000	5 140 000	4 151 000	4 094 000
Total Current Debt	1 007 000	5 171 000	12 965 000	19 142 000
Total Equity and Debt	21 941 000	25 440 000	26 736 000	29 426 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,18 %	32,06 %	25,32 %	−11,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,11 %	−3 008 %	77,94 %	−167,66 %
Current Ratio	21,45	4,9	2,02	1,51
Quick Ratio	−7,35	4,9	2,02	1,51
Equity Ratio	0,95	0,8	0,52	0,35
Gross Profit Margin	35,98 %	4 %	100 %	100 %