GLAMIT AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

31,76 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 107 000	3 435 000	2 354 000	3 215 000
Net Income	733 000	490 000	275 000	1 354 000
Total Assets	4 794 000	4 526 000	3 653 000	3 221 000
Total Equity	2 308 000	2 575 000	2 085 000	1 810 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 107 000	3 435 000	2 354 000	3 215 000
Expenditure	5 461 000	3 130 000	1 634 000	1 642 000
Operating Profit	937 000	628 000	354 000	1 735 000
Financial Income	3 000	0	0	1 000
Financial Costs	0	0	2 000	0
Financial Balance	3 000	0	−2 000	1 000
Earnings Before Tax	940 000	628 000	352 000	1 735 000
Tax	207 000	138 000	77 000	382 000
Net Income	733 000	490 000	275 000	1 354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	0	0	0
Total Current Assets	4 764 000	4 526 000	3 653 000	3 221 000
Total Assets	4 794 000	4 526 000	3 653 000	3 221 000
Total Retained Equity	2 278 000	2 545 000	2 055 000	1 780 000
Total Equity	2 308 000	2 575 000	2 085 000	1 810 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	2 485 000	1 951 000	1 568 000	1 411 000
Total Equity and Debt	4 794 000	4 526 000	3 653 000	3 221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 525 000	3 435 000	2 354 000	3 215 000
Other Income	582 000	0	0	0
Revenue	6 107 000	3 435 000	2 354 000	3 215 000
Cost of Goods Sold	3 937 000	1 544 000	1 063 000	973 000
Salary Costs	851 000	944 000	0	8 000
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	5 461 000	3 130 000	1 634 000	1 642 000
Operating Profit	937 000	628 000	354 000	1 735 000
Financial Income	3 000	0	0	1 000
Financial Costs	0	0	2 000	0
Financial Balance	3 000	0	−2 000	1 000
Dividends	1 000 000	0	0	500 000
Net Income	733 000	490 000	275 000	1 354 000

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	30 000	0	0	0
Total Tangible Assets	30 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	0	0	0
Stock	1 737 000	1 446 000	1 123 000	1 489 000
Total Investments	0	0	0	0
Cash, Bank	1 596 000	1 397 000	623 000	997 000
Total Current Assets	4 764 000	4 526 000	3 653 000	3 221 000
Total Assets	4 794 000	4 526 000	3 653 000	3 221 000
Total Equity	2 308 000	2 575 000	2 085 000	1 810 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	394 000	1 002 000	0	513 000
Unpaid Taxes	252 000	210 000	0	16 000
Dividends	1 000 000	0	0	500 000
Other Current Debt	134 000	100 000	0	0
Total Current Debt	2 485 000	1 951 000	1 568 000	1 411 000
Total Equity and Debt	4 794 000	4 526 000	3 653 000	3 221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,76 %	19,03 %	13,19 %	74,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,34 %	18,28 %	15,04 %	53,97 %
Current Ratio	1,92	2,32	2,33	2,28
Quick Ratio	6,37	8,96	8,21	−41,29
Equity Ratio	0,48	0,57	0,57	0,56
Gross Profit Margin	35,53 %	55,05 %	54,84 %	69,74 %