GLENTS (GLOBAL ENGINEERING & TRADE OF SAWARI) AS

1053 OSLO

Finances

Share Ownership

Return on Equity

83,01 %

Current Ratio

0,89

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	602 000	451 000	306 000	0
Net Income	215 000	189 000	−24 000	0
Total Assets	493 000	1 069 000	573 000	90 000
Total Equity	259 000	44 000	−145 000	90 000

Income (NOK)	2022	2021	2020
Revenue	602 000	451 000	306 000
Expenditure	325 000	208 000	291 000
Operating Profit	276 000	243 000	15 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	276 000	242 000	15 000
Tax	61 000	53 000	39 000
Net Income	215 000	189 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	317 000	868 000	368 000	0
Total Current Assets	176 000	202 000	205 000	90 000
Total Assets	493 000	1 069 000	573 000	90 000
Total Retained Equity	169 000	−46 000	−235 000	0
Total Equity	259 000	44 000	−145 000	90 000
Total Long-Term Debt	37 000	296 000	32 000	0
Total Current Debt	197 000	730 000	687 000	0
Total Equity and Debt	493 000	1 069 000	573 000	90 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	602 000	451 000	306 000
Revenue	602 000	451 000	306 000
Cost of Goods Sold	0	0	56 000
Salary Costs	0	−6 000	0
Depreciation	117 000	154 000	89 000
Impairment	0	0	0
Expenditure	325 000	208 000	291 000
Operating Profit	276 000	243 000	15 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Dividends	0	0	0
Net Income	215 000	189 000	−24 000

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	317 000	868 000	368 000	0
Total Tangible Assets	317 000	868 000	368 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	317 000	868 000	368 000	0
Stock	144 000	144 000	144 000	0
Total Investments	0	0	0	0
Cash, Bank	32 000	55 000	29 000	90 000
Total Current Assets	176 000	202 000	205 000	90 000
Total Assets	493 000	1 069 000	573 000	90 000
Total Equity	259 000	44 000	−145 000	90 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	37 000	296 000	32 000	0
Creditors	6 000	5 000	3 000	0
Unpaid Taxes	21 000	22 000	3 000	0
Dividends	0	0	0	0
Other Current Debt	108 000	656 000	674 000	0
Total Current Debt	197 000	730 000	687 000	0
Total Equity and Debt	493 000	1 069 000	573 000	90 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,01 %	429,55 %	16,55 %	0 %
Debt-to-Equity Ratio	0,14	6,73	−0,22	0
Operating Profit Margin	45,85 %	53,88 %	4,9 %	-
Current Ratio	0,89	0,28	0,3	-
Quick Ratio	3,32	0,34	0,38	-
Equity Ratio	0,53	0,04	−0,25	1
Gross Profit Margin	100 %	100 %	81,7 %	-