GLÅMSTAD AS

2213 KONGSVINGER

Finances

Return on Equity

21,49 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 794 000	1 452 000	1 538 000	1 541 000
Net Income	141 000	−26 000	34 000	37 000
Total Assets	985 000	779 000	800 000	760 000
Total Equity	656 000	515 000	541 000	507 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 794 000	1 452 000	1 538 000	1 541 000
Expenditure	1 616 000	1 483 000	1 501 000	1 495 000
Operating Profit	178 000	−32 000	38 000	47 000
Financial Income	1 000	6 000	7 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	6 000	7 000	1 000
Earnings Before Tax	178 000	−26 000	44 000	48 000
Tax	37 000	0	11 000	10 000
Net Income	141 000	−26 000	34 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	248 000	220 000	200 000	327 000
Total Current Assets	737 000	560 000	600 000	433 000
Total Assets	985 000	779 000	800 000	760 000
Total Retained Equity	621 000	480 000	506 000	472 000
Total Equity	656 000	515 000	541 000	507 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	327 000	264 000	259 000	253 000
Total Equity and Debt	985 000	779 000	800 000	760 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 794 000	1 452 000	1 538 000	1 541 000
Other Income	0	0	0	0
Revenue	1 794 000	1 452 000	1 538 000	1 541 000
Cost of Goods Sold	0	0	0	3 000
Salary Costs	1 348 000	1 239 000	1 215 000	1 176 000
Depreciation	11 000	4 000	0	6 000
Impairment	0	0	0	0
Expenditure	1 616 000	1 483 000	1 501 000	1 495 000
Operating Profit	178 000	−32 000	38 000	47 000
Financial Income	1 000	6 000	7 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	6 000	7 000	1 000
Dividends	0	0	0	0
Net Income	141 000	−26 000	34 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	127 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	20 000	0	0
Total Tangible Assets	48 000	20 000	0	127 000
Total Fiancial Fixed Assets	200 000	200 000	200 000	200 000
Total Fixed Assets	248 000	220 000	200 000	327 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	603 000	246 000	418 000	352 000
Total Current Assets	737 000	560 000	600 000	433 000
Total Assets	985 000	779 000	800 000	760 000
Total Equity	656 000	515 000	541 000	507 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	4 000	6 000	5 000	5 000
Unpaid Taxes	152 000	135 000	119 000	94 000
Dividends	0	0	0	0
Other Current Debt	135 000	123 000	124 000	143 000
Total Current Debt	327 000	264 000	259 000	253 000
Total Equity and Debt	985 000	779 000	800 000	760 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,49 %	−5,05 %	6,28 %	7,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,92 %	−2,2 %	2,47 %	3,05 %
Current Ratio	2,25	2,12	2,32	1,71
Quick Ratio	2,25	2,12	2,32	1,71
Equity Ratio	0,67	0,66	0,68	0,67
Gross Profit Margin	100 %	100 %	100 %	99,81 %