GLM AS

4760 BIRKELAND

Finances

Share Ownership

Return on Equity

−34,46 %

Current Ratio

4,05

Debt-to-Equity Ratio

3,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 021 000	1 137 000	1 312 000	1 031 000
Net Income	−327 000	−447 000	−535 000	−496 000
Total Assets	4 452 000	4 425 000	4 543 000	4 806 000
Total Equity	949 000	614 000	404 000	309 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 021 000	1 137 000	1 312 000	1 031 000
Expenditure	1 252 000	1 421 000	1 670 000	1 318 000
Operating Profit	−230 000	−285 000	−358 000	−287 000
Financial Income	5 000	0	26 000	0
Financial Costs	102 000	162 000	204 000	209 000
Financial Balance	−97 000	−162 000	−178 000	−209 000
Earnings Before Tax	−327 000	−447 000	−535 000	−496 000
Tax	0	0	0	0
Net Income	−327 000	−447 000	−535 000	−496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 833 000	3 974 000	4 052 000	4 371 000
Total Current Assets	619 000	451 000	490 000	435 000
Total Assets	4 452 000	4 425 000	4 543 000	4 806 000
Total Retained Equity	0	0	0	0
Total Equity	949 000	614 000	404 000	309 000
Total Long-Term Debt	3 350 000	3 521 000	3 784 000	4 320 000
Total Current Debt	153 000	290 000	355 000	177 000
Total Equity and Debt	4 452 000	4 425 000	4 543 000	4 806 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	733 000	849 000	1 190 000	778 000
Other Income	288 000	288 000	122 000	254 000
Revenue	1 021 000	1 137 000	1 312 000	1 031 000
Cost of Goods Sold	467 000	498 000	509 000	705 000
Salary Costs	477 000	640 000	863 000	378 000
Depreciation	141 000	140 000	161 000	184 000
Impairment	0	0	0	0
Expenditure	1 252 000	1 421 000	1 670 000	1 318 000
Operating Profit	−230 000	−285 000	−358 000	−287 000
Financial Income	5 000	0	26 000	0
Financial Costs	102 000	162 000	204 000	209 000
Financial Balance	−97 000	−162 000	−178 000	−209 000
Dividends	0	0	0	0
Net Income	−327 000	−447 000	−535 000	−496 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 805 000	3 909 000	3 951 000	4 054 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	65 000	102 000	318 000
Total Tangible Assets	3 833 000	3 974 000	4 052 000	4 371 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 833 000	3 974 000	4 052 000	4 371 000
Stock	257 000	152 000	119 000	55 000
Total Investments	0	0	0	0
Cash, Bank	345 000	271 000	328 000	293 000
Total Current Assets	619 000	451 000	490 000	435 000
Total Assets	4 452 000	4 425 000	4 543 000	4 806 000
Total Equity	949 000	614 000	404 000	309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 350 000	3 521 000	3 784 000	4 320 000
Creditors	3 000	52 000	4 000	10 000
Unpaid Taxes	11 000	82 000	148 000	11 000
Dividends	0	0	0	0
Other Current Debt	140 000	156 000	204 000	156 000
Total Current Debt	153 000	290 000	355 000	177 000
Total Equity and Debt	4 452 000	4 425 000	4 543 000	4 806 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,46 %	−72,8 %	−132,43 %	−160,52 %
Debt-to-Equity Ratio	3,53	5,73	9,37	13,98
Operating Profit Margin	−22,53 %	−25,07 %	−27,29 %	−27,84 %
Current Ratio	4,05	1,56	1,38	2,46
Quick Ratio	−5,95	3,27	2,08	3,57
Equity Ratio	0,21	0,14	0,09	0,06
Gross Profit Margin	54,26 %	56,2 %	61,2 %	31,62 %