HÅVARD GLOSVIK AS

5009 BERGEN

Finances

Share Ownership

Return on Equity

112,97 %

Current Ratio

0,94

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	108 663 000	109 022 000	109 269 000	99 138 000
Net Income	2 378 000	1 936 000	1 795 000	2 449 000
Total Assets	14 032 000	11 199 000	11 435 000	9 461 000
Total Equity	2 105 000	1 685 000	1 720 000	1 424 000

Income (NOK)	2022	2021	2020	2019
Revenue	108 663 000	109 022 000	109 269 000	99 138 000
Expenditure	105 682 000	106 563 000	107 009 000	96 096 000
Operating Profit	2 982 000	2 459 000	2 261 000	3 042 000
Financial Income	71 000	23 000	42 000	101 000
Financial Costs	0	0	1 000	1 000
Financial Balance	71 000	23 000	41 000	100 000
Earnings Before Tax	3 053 000	2 483 000	2 302 000	3 142 000
Tax	675 000	547 000	506 000	693 000
Net Income	2 378 000	1 936 000	1 795 000	2 449 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 862 000	3 454 000	772 000	1 099 000
Total Current Assets	11 171 000	7 745 000	10 664 000	8 362 000
Total Assets	14 032 000	11 199 000	11 435 000	9 461 000
Total Retained Equity	1 605 000	1 185 000	1 220 000	924 000
Total Equity	2 105 000	1 685 000	1 720 000	1 424 000
Total Long-Term Debt	47 000	47 000	0	21 000
Total Current Debt	11 880 000	9 467 000	9 716 000	8 015 000
Total Equity and Debt	14 032 000	11 199 000	11 435 000	9 461 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	106 537 000	107 403 000	107 770 000	97 179 000
Other Income	2 126 000	1 619 000	1 500 000	1 959 000
Revenue	108 663 000	109 022 000	109 269 000	99 138 000
Cost of Goods Sold	90 004 000	91 004 000	91 570 000	81 432 000
Salary Costs	5 603 000	5 595 000	5 455 000	5 358 000
Depreciation	641 000	472 000	372 000	419 000
Impairment	0	0	0	0
Expenditure	105 682 000	106 563 000	107 009 000	96 096 000
Operating Profit	2 982 000	2 459 000	2 261 000	3 042 000
Financial Income	71 000	23 000	42 000	101 000
Financial Costs	0	0	1 000	1 000
Financial Balance	71 000	23 000	41 000	100 000
Dividends	1 958 000	1 970 000	1 500 000	2 950 000
Net Income	2 378 000	1 936 000	1 795 000	2 449 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	27 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 862 000	3 454 000	744 000	1 099 000
Total Tangible Assets	2 862 000	3 454 000	744 000	1 099 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 862 000	3 454 000	772 000	1 099 000
Stock	4 046 000	3 953 000	4 355 000	4 136 000
Total Investments	0	0	0	0
Cash, Bank	6 822 000	3 453 000	5 939 000	3 761 000
Total Current Assets	11 171 000	7 745 000	10 664 000	8 362 000
Total Assets	14 032 000	11 199 000	11 435 000	9 461 000
Total Equity	2 105 000	1 685 000	1 720 000	1 424 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	47 000	47 000	0	21 000
Creditors	7 528 000	5 064 000	5 726 000	2 440 000
Unpaid Taxes	441 000	546 000	414 000	501 000
Dividends	1 958 000	1 970 000	1 500 000	2 950 000
Other Current Debt	1 279 000	1 414 000	1 521 000	1 386 000
Total Current Debt	11 880 000	9 467 000	9 716 000	8 015 000
Total Equity and Debt	14 032 000	11 199 000	11 435 000	9 461 000

Financial indicators	2022	2021	2020	2019
Return on Equity	112,97 %	114,9 %	104,36 %	171,98 %
Debt-to-Equity Ratio	0,02	0,03	0	0,01
Operating Profit Margin	2,74 %	2,26 %	2,07 %	3,07 %
Current Ratio	0,94	0,82	1,1	1,04
Quick Ratio	1,43	1,4	1,99	2,16
Equity Ratio	0,15	0,15	0,15	0,15
Gross Profit Margin	17,17 %	16,53 %	16,2 %	17,86 %