GLØD AS

1605 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

52,5 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 456 000	6 332 000	5 317 000	3 954 000
Net Income	231 000	553 000	340 000	−1 000
Total Assets	1 788 000	2 264 000	1 741 000	1 281 000
Total Equity	440 000	365 000	280 000	140 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 456 000	6 332 000	5 317 000	3 954 000
Expenditure	5 143 000	5 768 000	4 880 000	3 955 000
Operating Profit	298 000	709 000	438 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	0	0	−2 000	−1 000
Earnings Before Tax	298 000	709 000	436 000	−2 000
Tax	67 000	156 000	96 000	0
Net Income	231 000	553 000	340 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 000	163 000	155 000	196 000
Total Current Assets	1 675 000	2 101 000	1 585 000	1 086 000
Total Assets	1 788 000	2 264 000	1 741 000	1 281 000
Total Retained Equity	410 000	335 000	250 000	110 000
Total Equity	440 000	365 000	280 000	140 000
Total Long-Term Debt	0	1 000	2 000	0
Total Current Debt	1 348 000	1 898 000	1 459 000	1 141 000
Total Equity and Debt	1 788 000	2 264 000	1 741 000	1 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 455 000	6 097 000	5 266 000	3 954 000
Other Income	1 000	236 000	51 000	0
Revenue	5 456 000	6 332 000	5 317 000	3 954 000
Cost of Goods Sold	655 000	1 065 000	721 000	1 050 000
Salary Costs	3 113 000	3 455 000	3 030 000	2 181 000
Depreciation	51 000	53 000	40 000	16 000
Impairment	0	0	0	0
Expenditure	5 143 000	5 768 000	4 880 000	3 955 000
Operating Profit	298 000	709 000	438 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	0	0	−2 000	−1 000
Dividends	0	0	200 000	0
Net Income	231 000	553 000	340 000	−1 000

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	113 000	163 000	155 000	196 000
Total Tangible Assets	113 000	163 000	155 000	196 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	113 000	163 000	155 000	196 000
Stock	561 000	576 000	438 000	438 000
Total Investments	0	0	0	0
Cash, Bank	991 000	1 386 000	1 069 000	611 000
Total Current Assets	1 675 000	2 101 000	1 585 000	1 086 000
Total Assets	1 788 000	2 264 000	1 741 000	1 281 000
Total Equity	440 000	365 000	280 000	140 000
Short-Term Group Debt	200 000	602 000	0	0
Total Long-Term Debt	0	1 000	2 000	0
Creditors	150 000	107 000	64 000	−53 000
Unpaid Taxes	257 000	381 000	314 000	252 000
Dividends	0	0	200 000	0
Other Current Debt	717 000	783 000	787 000	942 000
Total Current Debt	1 348 000	1 898 000	1 459 000	1 141 000
Total Equity and Debt	1 788 000	2 264 000	1 741 000	1 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,5 %	151,51 %	121,43 %	−0,71 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	5,46 %	11,2 %	8,24 %	−0,03 %
Current Ratio	1,24	1,11	1,09	0,95
Quick Ratio	2,13	1,59	1,55	1,54
Equity Ratio	0,25	0,16	0,16	0,11
Gross Profit Margin	87,99 %	83,18 %	86,44 %	73,44 %