GLASRUD ØVRE AS

3535 KRØDEREN

Finances

Share Ownership

Return on Equity

−22,23 %

Current Ratio

0,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	−38 000	73 000	515 000	1 155 000
Net Income	−261 000	−39 000	−517 000	504 000
Total Assets	1 742 000	1 768 000	1 647 000	3 569 000
Total Equity	1 174 000	1 435 000	1 474 000	1 990 000

Income (NOK)	2022	2021	2020	2019
Revenue	−38 000	73 000	515 000	1 155 000
Expenditure	227 000	111 000	1 036 000	657 000
Operating Profit	−264 000	−38 000	−520 000	499 000
Financial Income	3 000	−1 000	4 000	5 000
Financial Costs	0	0	0	0
Financial Balance	3 000	−1 000	4 000	5 000
Earnings Before Tax	−261 000	−39 000	−517 000	504 000
Tax	0	0	0	0
Net Income	−261 000	−39 000	−517 000	504 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 601 000	1 048 000	1 080 000	1 118 000
Total Current Assets	141 000	720 000	568 000	2 451 000
Total Assets	1 742 000	1 768 000	1 647 000	3 569 000
Total Retained Equity	−126 000	135 000	174 000	690 000
Total Equity	1 174 000	1 435 000	1 474 000	1 990 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	568 000	333 000	174 000	1 579 000
Total Equity and Debt	1 742 000	1 768 000	1 647 000	3 569 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000	0	446 000	592 000
Other Income	−39 000	73 000	69 000	563 000
Revenue	−38 000	73 000	515 000	1 155 000
Cost of Goods Sold	9 000	44 000	0	242 000
Salary Costs	0	0	0	0
Depreciation	31 000	31 000	39 000	130 000
Impairment	0	0	0	0
Expenditure	227 000	111 000	1 036 000	657 000
Operating Profit	−264 000	−38 000	−520 000	499 000
Financial Income	3 000	−1 000	4 000	5 000
Financial Costs	0	0	0	0
Financial Balance	3 000	−1 000	4 000	5 000
Dividends	0	0	0	0
Net Income	−261 000	−39 000	−517 000	504 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 017 000	1 048 000	1 080 000	1 111 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	7 000
Total Tangible Assets	1 017 000	1 048 000	1 080 000	1 118 000
Total Fiancial Fixed Assets	584 000	0	0	0
Total Fixed Assets	1 601 000	1 048 000	1 080 000	1 118 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	511 000	448 000	1 123 000
Total Current Assets	141 000	720 000	568 000	2 451 000
Total Assets	1 742 000	1 768 000	1 647 000	3 569 000
Total Equity	1 174 000	1 435 000	1 474 000	1 990 000
Short-Term Group Debt	2 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	73 000	56 000	0	0
Unpaid Taxes	−17 000	−2 000	−105 000	215 000
Dividends	0	0	0	0
Other Current Debt	510 000	279 000	279 000	1 364 000
Total Current Debt	568 000	333 000	174 000	1 579 000
Total Equity and Debt	1 742 000	1 768 000	1 647 000	3 569 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,23 %	−2,72 %	−35,07 %	25,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	694,74 %	−52,05 %	−100,97 %	43,2 %
Current Ratio	0,25	2,16	3,26	1,55
Quick Ratio	0,25	2,16	3,26	1,55
Equity Ratio	0,67	0,81	0,89	0,56
Gross Profit Margin	123,68 %	39,73 %	100 %	79,05 %