GLENNEWEDDING AS

1443 DRØBAK

Finances

Share Ownership

Return on Equity

105,93 %

Current Ratio

0,56

Debt-to-Equity Ratio

−0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 172 000	401 000	0	5 303 000
Net Income	−2 466 000	−32 000	−208 000	381 000
Total Assets	1 312 000	1 566 000	203 000	588 000
Total Equity	−2 328 000	139 000	170 000	378 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 172 000	401 000	0	5 303 000
Expenditure	3 648 000	376 000	266 000	4 779 000
Operating Profit	−2 475 000	25 000	−266 000	524 000
Financial Income	0	0	0	1 000
Financial Costs	39 000	3 000	1 000	38 000
Financial Balance	−39 000	−3 000	−1 000	−37 000
Earnings Before Tax	−2 515 000	23 000	−267 000	487 000
Tax	−48 000	54 000	−59 000	105 000
Net Income	−2 466 000	−32 000	−208 000	381 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 312 000	1 566 000	203 000	588 000
Total Assets	1 312 000	1 566 000	203 000	588 000
Total Retained Equity	−2 373 000	94 000	125 000	333 000
Total Equity	−2 328 000	139 000	170 000	378 000
Total Long-Term Debt	1 294 000	1 338 000	0	0
Total Current Debt	2 346 000	89 000	33 000	210 000
Total Equity and Debt	1 312 000	1 566 000	203 000	588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 172 000	401 000	0	5 303 000
Other Income	0	0	0	0
Revenue	1 172 000	401 000	0	5 303 000
Cost of Goods Sold	82 000	4 000	13 000	4 017 000
Salary Costs	2 045 000	77 000	88 000	577 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 648 000	376 000	266 000	4 779 000
Operating Profit	−2 475 000	25 000	−266 000	524 000
Financial Income	0	0	0	1 000
Financial Costs	39 000	3 000	1 000	38 000
Financial Balance	−39 000	−3 000	−1 000	−37 000
Dividends	0	0	0	0
Net Income	−2 466 000	−32 000	−208 000	381 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	24 000	24 000	28 000	41 000
Total Investments	0	0	0	0
Cash, Bank	1 162 000	1 459 000	23 000	462 000
Total Current Assets	1 312 000	1 566 000	203 000	588 000
Total Assets	1 312 000	1 566 000	203 000	588 000
Total Equity	−2 328 000	139 000	170 000	378 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 294 000	1 338 000	0	0
Creditors	4 000	0	9 000	7 000
Unpaid Taxes	216 000	2 000	1 000	28 000
Dividends	0	0	0	0
Other Current Debt	2 126 000	32 000	22 000	70 000
Total Current Debt	2 346 000	89 000	33 000	210 000
Total Equity and Debt	1 312 000	1 566 000	203 000	588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,93 %	−23,02 %	−122,35 %	100,79 %
Debt-to-Equity Ratio	−0,56	9,63	0	0
Operating Profit Margin	−211,18 %	6,23 %	-	9,88 %
Current Ratio	0,56	17,6	6,15	2,8
Quick Ratio	0,57	24,09	40,6	3,48
Equity Ratio	−1,77	0,09	0,84	0,64
Gross Profit Margin	93 %	99 %	-	24,25 %