GLOMSTAD MOTOR AS

2834 RAUFOSS

Finances

Share Ownership

Return on Equity

46,62 %

Current Ratio

2,19

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 801 000	5 613 000	3 730 000	2 944 000
Net Income	1 302 000	−30 000	20 000	−357 000
Total Assets	6 611 000	4 974 000	5 551 000	5 126 000
Total Equity	2 793 000	1 491 000	1 520 000	1 512 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 801 000	5 613 000	3 730 000	2 944 000
Expenditure	2 493 000	5 615 000	3 708 000	3 251 000
Operating Profit	1 308 000	−2 000	22 000	−306 000
Financial Income	2 000	0	5 000	3 000
Financial Costs	8 000	28 000	7 000	55 000
Financial Balance	−6 000	−28 000	−2 000	−52 000
Earnings Before Tax	1 302 000	−30 000	20 000	−357 000
Tax	0	0	0	0
Net Income	1 302 000	−30 000	20 000	−357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 130 000	189 000	284 000	1 118 000
Total Current Assets	5 481 000	4 784 000	5 267 000	4 008 000
Total Assets	6 611 000	4 974 000	5 551 000	5 126 000
Total Retained Equity	2 693 000	1 391 000	1 420 000	1 412 000
Total Equity	2 793 000	1 491 000	1 520 000	1 512 000
Total Long-Term Debt	1 320 000	820 000	1 320 000	1 357 000
Total Current Debt	2 499 000	2 663 000	2 711 000	2 257 000
Total Equity and Debt	6 611 000	4 974 000	5 551 000	5 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 772 000	5 604 000	3 329 000	2 943 000
Other Income	29 000	9 000	401 000	1 000
Revenue	3 801 000	5 613 000	3 730 000	2 944 000
Cost of Goods Sold	1 775 000	4 597 000	3 149 000	2 724 000
Salary Costs	1 000	3 000	40 000	7 000
Depreciation	119 000	120 000	78 000	172 000
Impairment	0	0	0	0
Expenditure	2 493 000	5 615 000	3 708 000	3 251 000
Operating Profit	1 308 000	−2 000	22 000	−306 000
Financial Income	2 000	0	5 000	3 000
Financial Costs	8 000	28 000	7 000	55 000
Financial Balance	−6 000	−28 000	−2 000	−52 000
Dividends	0	0	0	0
Net Income	1 302 000	−30 000	20 000	−357 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 000	20 000	25 000	31 000
Machinery and Plant Facilities	475 000	0	0	0
Fixtures	43 000	67 000	136 000	142 000
Total Tangible Assets	630 000	189 000	284 000	1 118 000
Total Fiancial Fixed Assets	500 000	0	0	0
Total Fixed Assets	1 130 000	189 000	284 000	1 118 000
Stock	1 566 000	1 845 000	2 032 000	2 335 000
Total Investments	0	0	0	0
Cash, Bank	3 899 000	3 127 000	2 817 000	1 173 000
Total Current Assets	5 481 000	4 784 000	5 267 000	4 008 000
Total Assets	6 611 000	4 974 000	5 551 000	5 126 000
Total Equity	2 793 000	1 491 000	1 520 000	1 512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 320 000	820 000	1 320 000	1 357 000
Creditors	653 000	530 000	525 000	6 000
Unpaid Taxes	69 000	63 000	125 000	47 000
Dividends	0	0	0	0
Other Current Debt	1 776 000	2 070 000	2 060 000	2 205 000
Total Current Debt	2 499 000	2 663 000	2 711 000	2 257 000
Total Equity and Debt	6 611 000	4 974 000	5 551 000	5 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,62 %	−2,01 %	1,32 %	−23,61 %
Debt-to-Equity Ratio	0,47	0,55	0,87	0,9
Operating Profit Margin	34,41 %	−0,04 %	0,59 %	−10,39 %
Current Ratio	2,19	1,8	1,94	1,78
Quick Ratio	5,87	5,85	7,76	−51,38
Equity Ratio	0,42	0,3	0,27	0,29
Gross Profit Margin	53,3 %	18,1 %	15,58 %	7,47 %