GLOTRADE AS

4353 KLEPP STASJON

Finances

Return on Equity

21,95 %

Current Ratio

6,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	460 000	901 000	2 924 000	646 000
Net Income	425 000	504 000	889 000	170 000
Total Assets	2 240 000	2 335 000	1 324 000	536 000
Total Equity	1 936 000	1 511 000	1 007 000	118 000

Income (NOK)	2022	2021	2020	2019
Revenue	460 000	901 000	2 924 000	646 000
Expenditure	156 000	394 000	1 874 000	463 000
Operating Profit	305 000	507 000	1 049 000	182 000
Financial Income	210 000	123 000	70 000	0
Financial Costs	6 000	8 000	14 000	12 000
Financial Balance	204 000	115 000	56 000	−12 000
Earnings Before Tax	508 000	621 000	1 105 000	170 000
Tax	83 000	118 000	216 000	0
Net Income	425 000	504 000	889 000	170 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	235 000	70 000	70 000	48 000
Total Current Assets	2 005 000	2 266 000	1 254 000	488 000
Total Assets	2 240 000	2 335 000	1 324 000	536 000
Total Retained Equity	1 886 000	1 461 000	957 000	68 000
Total Equity	1 936 000	1 511 000	1 007 000	118 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	304 000	824 000	317 000	418 000
Total Equity and Debt	2 240 000	2 335 000	1 324 000	536 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	460 000	901 000	2 924 000	646 000
Other Income	0	0	0	0
Revenue	460 000	901 000	2 924 000	646 000
Cost of Goods Sold	59 000	66 000	1 350 000	394 000
Salary Costs	54 000	281 000	0	34 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	156 000	394 000	1 874 000	463 000
Operating Profit	305 000	507 000	1 049 000	182 000
Financial Income	210 000	123 000	70 000	0
Financial Costs	6 000	8 000	14 000	12 000
Financial Balance	204 000	115 000	56 000	−12 000
Dividends	0	0	0	0
Net Income	425 000	504 000	889 000	170 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	22 000	22 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	213 000	48 000	48 000	48 000
Total Fixed Assets	235 000	70 000	70 000	48 000
Stock	197 000	197 000	197 000	197 000
Total Investments	1 761 000	1 017 000	591 000	0
Cash, Bank	0	6 000	0	0
Total Current Assets	2 005 000	2 266 000	1 254 000	488 000
Total Assets	2 240 000	2 335 000	1 324 000	536 000
Total Equity	1 936 000	1 511 000	1 007 000	118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	6 000	4 000	7 000
Unpaid Taxes	67 000	185 000	0	0
Dividends	0	0	0	0
Other Current Debt	51 000	318 000	20 000	362 000
Total Current Debt	304 000	824 000	317 000	418 000
Total Equity and Debt	2 240 000	2 335 000	1 324 000	536 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,95 %	33,36 %	88,28 %	144,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	66,3 %	56,27 %	35,88 %	28,17 %
Current Ratio	6,6	2,75	3,96	1,17
Quick Ratio	18,74	3,61	10,45	2,21
Equity Ratio	0,86	0,65	0,76	0,22
Gross Profit Margin	87,17 %	92,67 %	53,83 %	39,01 %