GLASSOLSEN HOLDING AS

1617 FREDRIKSTAD

Finances

Return on Equity

0,03 %

Current Ratio

0,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	1 821 000	1 738 000
Net Income	3 000	1 500 000	1 424 000	797 000
Total Assets	12 798 000	12 743 000	17 402 000	19 200 000
Total Equity	9 245 000	9 242 000	9 242 000	9 818 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	1 821 000	1 738 000
Expenditure	38 000	78 000	1 457 000	1 706 000
Operating Profit	−37 000	−78 000	363 000	32 000
Financial Income	94 000	1 578 000	1 307 000	1 019 000
Financial Costs	52 000	0	212 000	240 000
Financial Balance	42 000	1 578 000	1 095 000	779 000
Earnings Before Tax	4 000	1 500 000	1 459 000	810 000
Tax	1 000	0	35 000	13 000
Net Income	3 000	1 500 000	1 424 000	797 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 612 000	11 578 000	14 457 000	14 468 000
Total Current Assets	1 186 000	1 166 000	2 945 000	4 733 000
Total Assets	12 798 000	12 743 000	17 402 000	19 200 000
Total Retained Equity	869 000	866 000	2 545 000	3 121 000
Total Equity	9 245 000	9 242 000	9 242 000	9 818 000
Total Long-Term Debt	1 000	0	5 986 000	6 420 000
Total Current Debt	3 552 000	3 501 000	2 174 000	2 962 000
Total Equity and Debt	12 798 000	12 743 000	17 402 000	19 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	1 821 000	1 738 000
Revenue	0	0	1 821 000	1 738 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	0	10 000	10 000
Impairment	0	0	0	0
Expenditure	38 000	78 000	1 457 000	1 706 000
Operating Profit	−37 000	−78 000	363 000	32 000
Financial Income	94 000	1 578 000	1 307 000	1 019 000
Financial Costs	52 000	0	212 000	240 000
Financial Balance	42 000	1 578 000	1 095 000	779 000
Dividends	0	1 500 000	2 000 000	2 000 000
Net Income	3 000	1 500 000	1 424 000	797 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	12 897 000	12 907 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	49 000	0	0	0
Total Tangible Assets	49 000	0	12 897 000	12 907 000
Total Fiancial Fixed Assets	11 563 000	11 578 000	1 560 000	1 560 000
Total Fixed Assets	11 612 000	11 578 000	14 457 000	14 468 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 092 000	1 166 000	1 091 000	1 254 000
Total Current Assets	1 186 000	1 166 000	2 945 000	4 733 000
Total Assets	12 798 000	12 743 000	17 402 000	19 200 000
Total Equity	9 245 000	9 242 000	9 242 000	9 818 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	5 986 000	6 420 000
Creditors	0	1 000	29 000	358 000
Unpaid Taxes	0	0	2 000	5 000
Dividends	0	1 500 000	2 000 000	2 000 000
Other Current Debt	3 552 000	2 000 000	111 000	599 000
Total Current Debt	3 552 000	3 501 000	2 174 000	2 962 000
Total Equity and Debt	12 798 000	12 743 000	17 402 000	19 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,03 %	16,23 %	15,41 %	8,12 %
Debt-to-Equity Ratio	0	0	0,65	0,65
Operating Profit Margin	-	-	19,93 %	1,84 %
Current Ratio	0,33	0,33	1,35	1,6
Quick Ratio	0,33	0,33	1,35	1,6
Equity Ratio	0,72	0,73	0,53	0,51
Gross Profit Margin	-	-	100 %	100 %