GLASS & TRE AS

5211 OS

Finances

Share Ownership

Return on Equity

30,42 %

Current Ratio

2,11

Debt-to-Equity Ratio

1,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 138 000	1 186 000	1 376 000	1 186 000
Net Income	901 000	89 000	238 000	38 000
Total Assets	7 888 000	6 238 000	6 436 000	5 518 000
Total Equity	2 962 000	2 061 000	2 022 000	1 853 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 138 000	1 186 000	1 376 000	1 186 000
Expenditure	784 000	921 000	848 000	838 000
Operating Profit	1 322 000	241 000	388 000	218 000
Financial Income	8 000	0	0	0
Financial Costs	174 000	127 000	150 000	169 000
Financial Balance	−166 000	−127 000	−150 000	−169 000
Earnings Before Tax	1 155 000	114 000	238 000	49 000
Tax	254 000	25 000	0	11 000
Net Income	901 000	89 000	238 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 247 000	5 908 000	6 035 000	5 107 000
Total Current Assets	641 000	331 000	401 000	412 000
Total Assets	7 888 000	6 238 000	6 436 000	5 518 000
Total Retained Equity	2 912 000	2 011 000	1 972 000	1 803 000
Total Equity	2 962 000	2 061 000	2 022 000	1 853 000
Total Long-Term Debt	4 621 000	4 107 000	4 370 000	3 533 000
Total Current Debt	304 000	70 000	44 000	133 000
Total Equity and Debt	7 888 000	6 238 000	6 436 000	5 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	930 000	973 000	1 276 000	1 092 000
Other Income	1 208 000	213 000	100 000	94 000
Revenue	2 138 000	1 186 000	1 376 000	1 186 000
Cost of Goods Sold	0	189 000	31 000	26 000
Salary Costs	295 000	203 000	205 000	375 000
Depreciation	113 000	135 000	168 000	129 000
Impairment	0	0	0	0
Expenditure	784 000	921 000	848 000	838 000
Operating Profit	1 322 000	241 000	388 000	218 000
Financial Income	8 000	0	0	0
Financial Costs	174 000	127 000	150 000	169 000
Financial Balance	−166 000	−127 000	−150 000	−169 000
Dividends	0	0	0	0
Net Income	901 000	89 000	238 000	38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 014 000	5 636 000	5 778 000	4 742 000
Machinery and Plant Facilities	233 000	142 000	257 000	364 000
Fixtures	0	130 000	0	0
Total Tangible Assets	7 247 000	5 908 000	6 035 000	5 107 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 247 000	5 908 000	6 035 000	5 107 000
Stock	94 000	120 000	70 000	202 000
Total Investments	0	0	0	0
Cash, Bank	547 000	211 000	316 000	209 000
Total Current Assets	641 000	331 000	401 000	412 000
Total Assets	7 888 000	6 238 000	6 436 000	5 518 000
Total Equity	2 962 000	2 061 000	2 022 000	1 853 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 621 000	4 107 000	4 370 000	3 533 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	50 000	45 000	0	120 000
Total Current Debt	304 000	70 000	44 000	133 000
Total Equity and Debt	7 888 000	6 238 000	6 436 000	5 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,42 %	4,32 %	11,77 %	2,05 %
Debt-to-Equity Ratio	1,56	1,99	2,16	1,91
Operating Profit Margin	61,83 %	20,32 %	28,2 %	18,38 %
Current Ratio	2,11	4,73	9,11	3,1
Quick Ratio	3,05	−6,62	−15,42	−5,97
Equity Ratio	0,38	0,33	0,31	0,34
Gross Profit Margin	100 %	84,06 %	97,75 %	97,81 %