GLASSMESTER KETIL MARTINSEN AS

9404 HARSTAD

Finances

Share Ownership

Return on Equity

35,88 %

Current Ratio

1,99

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 905 000	7 492 000	5 744 000	6 560 000
Net Income	394 000	2 000	20 000	19 000
Total Assets	2 074 000	1 973 000	1 776 000	1 371 000
Total Equity	1 098 000	704 000	702 000	682 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 905 000	7 492 000	5 744 000	6 560 000
Expenditure	6 407 000	7 468 000	5 708 000	6 534 000
Operating Profit	498 000	23 000	36 000	26 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	0	13 000	11 000	4 000
Financial Balance	1 000	−13 000	−9 000	−2 000
Earnings Before Tax	499 000	10 000	28 000	24 000
Tax	105 000	8 000	8 000	6 000
Net Income	394 000	2 000	20 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 000	93 000	86 000	107 000
Total Current Assets	1 923 000	1 881 000	1 690 000	1 264 000
Total Assets	2 074 000	1 973 000	1 776 000	1 371 000
Total Retained Equity	1 068 000	674 000	672 000	652 000
Total Equity	1 098 000	704 000	702 000	682 000
Total Long-Term Debt	8 000	0	4 000	4 000
Total Current Debt	967 000	1 269 000	1 069 000	685 000
Total Equity and Debt	2 074 000	1 973 000	1 776 000	1 371 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 905 000	7 492 000	5 744 000	6 560 000
Other Income	1 000	0	0	0
Revenue	6 905 000	7 492 000	5 744 000	6 560 000
Cost of Goods Sold	2 786 000	3 434 000	2 374 000	2 706 000
Salary Costs	2 810 000	3 137 000	2 481 000	2 872 000
Depreciation	22 000	22 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	6 407 000	7 468 000	5 708 000	6 534 000
Operating Profit	498 000	23 000	36 000	26 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	0	13 000	11 000	4 000
Financial Balance	1 000	−13 000	−9 000	−2 000
Dividends	0	0	0	0
Net Income	394 000	2 000	20 000	19 000

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	151 000	93 000	86 000	107 000
Total Tangible Assets	151 000	93 000	86 000	107 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	151 000	93 000	86 000	107 000
Stock	24 000	31 000	34 000	54 000
Total Investments	0	0	0	0
Cash, Bank	1 718 000	1 369 000	1 342 000	989 000
Total Current Assets	1 923 000	1 881 000	1 690 000	1 264 000
Total Assets	2 074 000	1 973 000	1 776 000	1 371 000
Total Equity	1 098 000	704 000	702 000	682 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	0	4 000	4 000
Creditors	261 000	363 000	267 000	163 000
Unpaid Taxes	329 000	572 000	506 000	222 000
Dividends	0	0	0	0
Other Current Debt	280 000	322 000	290 000	295 000
Total Current Debt	967 000	1 269 000	1 069 000	685 000
Total Equity and Debt	2 074 000	1 973 000	1 776 000	1 371 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,88 %	0,28 %	2,85 %	2,79 %
Debt-to-Equity Ratio	0,01	0	0,01	0,01
Operating Profit Margin	7,21 %	0,31 %	0,63 %	0,4 %
Current Ratio	1,99	1,48	1,58	1,85
Quick Ratio	2,04	1,52	1,63	2
Equity Ratio	0,53	0,36	0,4	0,5
Gross Profit Margin	59,65 %	54,16 %	58,67 %	58,75 %