GLH AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

146,45 %

Current Ratio

0,83

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 164 000	23 122 000	17 268 000	16 764 000
Net Income	1 545 000	2 723 000	244 000	−572 000
Total Assets	7 268 000	8 197 000	3 517 000	2 919 000
Total Equity	1 055 000	1 180 000	−1 812 000	−2 556 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 164 000	23 122 000	17 268 000	16 764 000
Expenditure	22 145 000	20 630 000	16 972 000	17 281 000
Operating Profit	2 020 000	2 493 000	295 000	−517 000
Financial Income	2 000	7 000	0	0
Financial Costs	6 000	19 000	51 000	56 000
Financial Balance	−4 000	−12 000	−51 000	−56 000
Earnings Before Tax	2 016 000	2 480 000	244 000	−572 000
Tax	471 000	−242 000	0	0
Net Income	1 545 000	2 723 000	244 000	−572 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 230 000	537 000	113 000	236 000
Total Current Assets	5 038 000	7 660 000	3 404 000	2 682 000
Total Assets	7 268 000	8 197 000	3 517 000	2 919 000
Total Retained Equity	−1 941 000	−1 815 000	−3 038 000	−3 781 000
Total Equity	1 055 000	1 180 000	−1 812 000	−2 556 000
Total Long-Term Debt	178 000	420 000	1 552 000	1 999 000
Total Current Debt	6 036 000	6 597 000	3 778 000	3 475 000
Total Equity and Debt	7 268 000	8 197 000	3 517 000	2 919 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 072 000	23 020 000	17 238 000	16 764 000
Other Income	93 000	103 000	30 000	0
Revenue	24 164 000	23 122 000	17 268 000	16 764 000
Cost of Goods Sold	17 659 000	16 732 000	12 698 000	12 337 000
Salary Costs	2 340 000	2 150 000	2 058 000	2 463 000
Depreciation	44 000	112 000	123 000	213 000
Impairment	0	0	0	0
Expenditure	22 145 000	20 630 000	16 972 000	17 281 000
Operating Profit	2 020 000	2 493 000	295 000	−517 000
Financial Income	2 000	7 000	0	0
Financial Costs	6 000	19 000	51 000	56 000
Financial Balance	−4 000	−12 000	−51 000	−56 000
Dividends	0	0	0	0
Net Income	1 545 000	2 723 000	244 000	−572 000

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	128 000	37 000	113 000	236 000
Total Tangible Assets	128 000	37 000	113 000	236 000
Total Fiancial Fixed Assets	2 102 000	500 000	0	0
Total Fixed Assets	2 230 000	537 000	113 000	236 000
Stock	1 700 000	1 777 000	1 769 000	1 560 000
Total Investments	0	0	0	0
Cash, Bank	2 133 000	2 521 000	721 000	68 000
Total Current Assets	5 038 000	7 660 000	3 404 000	2 682 000
Total Assets	7 268 000	8 197 000	3 517 000	2 919 000
Total Equity	1 055 000	1 180 000	−1 812 000	−2 556 000
Short-Term Group Debt	2 142 000	1 500 000	0	0
Total Long-Term Debt	178 000	420 000	1 552 000	1 999 000
Creditors	1 658 000	2 037 000	1 737 000	1 144 000
Unpaid Taxes	293 000	491 000	227 000	448 000
Dividends	0	0	0	0
Other Current Debt	1 943 000	2 568 000	1 813 000	1 429 000
Total Current Debt	6 036 000	6 597 000	3 778 000	3 475 000
Total Equity and Debt	7 268 000	8 197 000	3 517 000	2 919 000

Financial indicators	2022	2021	2020	2019
Return on Equity	146,45 %	230,76 %	−13,47 %	22,38 %
Debt-to-Equity Ratio	0,17	0,36	−0,86	−0,78
Operating Profit Margin	8,36 %	10,78 %	1,71 %	−3,08 %
Current Ratio	0,83	1,16	0,9	0,77
Quick Ratio	1,16	1,59	1,69	1,4
Equity Ratio	0,15	0,14	−0,52	−0,88
Gross Profit Margin	26,92 %	27,64 %	26,47 %	26,41 %