GLASSGROSSISTEN AS

4337 SANDNES

Finances

Share Ownership

Return on Equity

24,68 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 464 000	15 467 000	11 041 000	11 337 000
Net Income	957 000	851 000	403 000	67 000
Total Assets	15 814 000	10 582 000	9 418 000	8 043 000
Total Equity	3 878 000	2 921 000	2 070 000	1 668 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 464 000	15 467 000	11 041 000	11 337 000
Expenditure	15 996 000	14 180 000	10 395 000	11 090 000
Operating Profit	1 468 000	1 286 000	645 000	247 000
Financial Income	17 000	30 000	57 000	1 000
Financial Costs	258 000	225 000	185 000	162 000
Financial Balance	−241 000	−195 000	−128 000	−161 000
Earnings Before Tax	1 228 000	1 091 000	516 000	86 000
Tax	270 000	240 000	114 000	19 000
Net Income	957 000	851 000	403 000	67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	4 000	5 000	15 000
Total Current Assets	15 811 000	10 578 000	9 413 000	8 027 000
Total Assets	15 814 000	10 582 000	9 418 000	8 043 000
Total Retained Equity	3 778 000	2 821 000	1 970 000	1 568 000
Total Equity	3 878 000	2 921 000	2 070 000	1 668 000
Total Long-Term Debt	875 000	0	0	0
Total Current Debt	11 061 000	7 661 000	7 348 000	6 375 000
Total Equity and Debt	15 814 000	10 582 000	9 418 000	8 043 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 935 000	14 938 000	10 512 000	10 937 000
Other Income	529 000	529 000	529 000	400 000
Revenue	17 464 000	15 467 000	11 041 000	11 337 000
Cost of Goods Sold	11 669 000	10 479 000	7 038 000	9 241 000
Salary Costs	2 713 000	2 188 000	1 903 000	567 000
Depreciation	0	0	8 000	11 000
Impairment	0	0	0	0
Expenditure	15 996 000	14 180 000	10 395 000	11 090 000
Operating Profit	1 468 000	1 286 000	645 000	247 000
Financial Income	17 000	30 000	57 000	1 000
Financial Costs	258 000	225 000	185 000	162 000
Financial Balance	−241 000	−195 000	−128 000	−161 000
Dividends	0	0	0	0
Net Income	957 000	851 000	403 000	67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	4 000	5 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	8 000
Total Tangible Assets	0	0	0	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	4 000	5 000	15 000
Stock	5 613 000	3 515 000	2 929 000	2 988 000
Total Investments	0	0	0	0
Cash, Bank	82 000	71 000	75 000	27 000
Total Current Assets	15 811 000	10 578 000	9 413 000	8 027 000
Total Assets	15 814 000	10 582 000	9 418 000	8 043 000
Total Equity	3 878 000	2 921 000	2 070 000	1 668 000
Short-Term Group Debt	7 014 000	4 470 000	4 240 000	4 016 000
Total Long-Term Debt	875 000	0	0	0
Creditors	251 000	501 000	668 000	708 000
Unpaid Taxes	2 442 000	1 917 000	1 362 000	1 350 000
Dividends	0	0	0	0
Other Current Debt	684 000	494 000	391 000	99 000
Total Current Debt	11 061 000	7 661 000	7 348 000	6 375 000
Total Equity and Debt	15 814 000	10 582 000	9 418 000	8 043 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,68 %	29,13 %	19,47 %	4,02 %
Debt-to-Equity Ratio	0,23	0	0	0
Operating Profit Margin	8,41 %	8,31 %	5,84 %	2,18 %
Current Ratio	1,43	1,38	1,28	1,26
Quick Ratio	2,9	2,55	2,13	2,37
Equity Ratio	0,25	0,28	0,22	0,21
Gross Profit Margin	33,18 %	32,25 %	36,26 %	18,49 %