GLÅMØGD AS

5780 KINSARVIK

Finances

Share Ownership

Return on Equity

−7,36 %

Current Ratio

4,03

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 283 000	2 846 000	3 299 000	2 423 000
Net Income	−100 000	389 000	666 000	415 000
Total Assets	1 847 000	1 977 000	1 545 000	790 000
Total Equity	1 358 000	1 459 000	1 069 000	403 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 283 000	2 846 000	3 299 000	2 423 000
Expenditure	2 415 000	2 347 000	2 441 000	1 884 000
Operating Profit	−131 000	499 000	859 000	539 000
Financial Income	3 000	2 000	1 000	0
Financial Costs	1 000	2 000	5 000	6 000
Financial Balance	2 000	0	−4 000	−6 000
Earnings Before Tax	−128 000	499 000	855 000	533 000
Tax	−28 000	110 000	188 000	117 000
Net Income	−100 000	389 000	666 000	415 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	89 000	81 000	95 000	10 000
Total Current Assets	1 758 000	1 896 000	1 450 000	780 000
Total Assets	1 847 000	1 977 000	1 545 000	790 000
Total Retained Equity	1 267 000	1 367 000	978 000	312 000
Total Equity	1 358 000	1 459 000	1 069 000	403 000
Total Long-Term Debt	53 000	116 000	108 000	154 000
Total Current Debt	436 000	402 000	367 000	232 000
Total Equity and Debt	1 847 000	1 977 000	1 545 000	790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 168 000	2 718 000	3 034 000	2 423 000
Other Income	115 000	128 000	265 000	0
Revenue	2 283 000	2 846 000	3 299 000	2 423 000
Cost of Goods Sold	844 000	928 000	988 000	727 000
Salary Costs	737 000	855 000	801 000	625 000
Depreciation	14 000	14 000	4 000	3 000
Impairment	0	0	0	0
Expenditure	2 415 000	2 347 000	2 441 000	1 884 000
Operating Profit	−131 000	499 000	859 000	539 000
Financial Income	3 000	2 000	1 000	0
Financial Costs	1 000	2 000	5 000	6 000
Financial Balance	2 000	0	−4 000	−6 000
Dividends	0	0	0	0
Net Income	−100 000	389 000	666 000	415 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	67 000	81 000	95 000	10 000
Total Tangible Assets	67 000	81 000	95 000	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	89 000	81 000	95 000	10 000
Stock	23 000	49 000	32 000	24 000
Total Investments	0	0	0	0
Cash, Bank	1 669 000	1 736 000	1 313 000	746 000
Total Current Assets	1 758 000	1 896 000	1 450 000	780 000
Total Assets	1 847 000	1 977 000	1 545 000	790 000
Total Equity	1 358 000	1 459 000	1 069 000	403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	53 000	116 000	108 000	154 000
Creditors	196 000	26 000	31 000	16 000
Unpaid Taxes	52 000	98 000	46 000	44 000
Dividends	0	0	0	0
Other Current Debt	189 000	167 000	107 000	100 000
Total Current Debt	436 000	402 000	367 000	232 000
Total Equity and Debt	1 847 000	1 977 000	1 545 000	790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,36 %	26,66 %	62,3 %	102,98 %
Debt-to-Equity Ratio	0,04	0,08	0,1	0,38
Operating Profit Margin	−5,74 %	17,53 %	26,04 %	22,25 %
Current Ratio	4,03	4,72	3,95	3,36
Quick Ratio	4,26	5,37	4,33	3,75
Equity Ratio	0,74	0,74	0,69	0,51
Gross Profit Margin	63,03 %	67,39 %	70,05 %	70 %