GLE INVEST AS

3942 PORSGRUNN

Finances

Share Ownership

Return on Equity

23,35 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 551 000	2 749 000	823 000	782 000
Net Income	279 000	527 000	144 000	232 000
Total Assets	2 044 000	1 601 000	1 332 000	803 000
Total Equity	1 195 000	916 000	389 000	246 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 551 000	2 749 000	823 000	782 000
Expenditure	3 191 000	2 045 000	611 000	455 000
Operating Profit	359 000	704 000	213 000	327 000
Financial Income	0	0	0	0
Financial Costs	1 000	29 000	29 000	30 000
Financial Balance	−1 000	−29 000	−29 000	−30 000
Earnings Before Tax	358 000	675 000	184 000	297 000
Tax	79 000	149 000	40 000	65 000
Net Income	279 000	527 000	144 000	232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 073 000	931 000	998 000	722 000
Total Current Assets	971 000	670 000	334 000	81 000
Total Assets	2 044 000	1 601 000	1 332 000	803 000
Total Retained Equity	1 085 000	806 000	279 000	136 000
Total Equity	1 195 000	916 000	389 000	246 000
Total Long-Term Debt	28 000	47 000	588 000	453 000
Total Current Debt	821 000	638 000	355 000	105 000
Total Equity and Debt	2 044 000	1 601 000	1 332 000	803 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	10 000	154 000
Other Income	3 551 000	2 749 000	813 000	628 000
Revenue	3 551 000	2 749 000	823 000	782 000
Cost of Goods Sold	0	0	5 000	236 000
Salary Costs	0	0	0	0
Depreciation	217 000	199 000	191 000	128 000
Impairment	0	0	0	0
Expenditure	3 191 000	2 045 000	611 000	455 000
Operating Profit	359 000	704 000	213 000	327 000
Financial Income	0	0	0	0
Financial Costs	1 000	29 000	29 000	30 000
Financial Balance	−1 000	−29 000	−29 000	−30 000
Dividends	0	0	0	0
Net Income	279 000	527 000	144 000	232 000

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	554 000	592 000	898 000	722 000
Total Tangible Assets	554 000	592 000	898 000	722 000
Total Fiancial Fixed Assets	519 000	339 000	100 000	0
Total Fixed Assets	1 073 000	931 000	998 000	722 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	474 000	431 000	115 000	27 000
Total Current Assets	971 000	670 000	334 000	81 000
Total Assets	2 044 000	1 601 000	1 332 000	803 000
Total Equity	1 195 000	916 000	389 000	246 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 000	47 000	588 000	453 000
Creditors	342 000	233 000	108 000	19 000
Unpaid Taxes	73 000	1 000	51 000	23 000
Dividends	0	0	0	0
Other Current Debt	307 000	235 000	166 000	63 000
Total Current Debt	821 000	638 000	355 000	105 000
Total Equity and Debt	2 044 000	1 601 000	1 332 000	803 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,35 %	57,53 %	37,02 %	94,31 %
Debt-to-Equity Ratio	0,02	0,05	1,51	1,84
Operating Profit Margin	10,11 %	25,61 %	25,88 %	41,82 %
Current Ratio	1,18	1,05	0,94	0,77
Quick Ratio	1,18	1,05	0,94	0,77
Equity Ratio	0,58	0,57	0,29	0,31
Gross Profit Margin	100 %	100 %	99,39 %	69,82 %