GL GLASS AS

4516 MANDAL

Finances

Share Ownership

Return on Equity

33,33 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 973 000	4 115 000	3 791 000	3 313 000
Net Income	707 000	365 000	600 000	227 000
Total Assets	3 958 000	2 500 000	2 037 000	1 579 000
Total Equity	2 121 000	1 415 000	1 549 000	950 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 973 000	4 115 000	3 791 000	3 313 000
Expenditure	4 068 000	3 648 000	3 032 000	3 016 000
Operating Profit	905 000	468 000	759 000	297 000
Financial Income	8 000	2 000	11 000	4 000
Financial Costs	7 000	1 000	2 000	1 000
Financial Balance	1 000	1 000	9 000	3 000
Earnings Before Tax	905 000	469 000	767 000	300 000
Tax	198 000	104 000	168 000	72 000
Net Income	707 000	365 000	600 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	513 000	510 000	103 000	33 000
Total Current Assets	3 445 000	1 990 000	1 934 000	1 546 000
Total Assets	3 958 000	2 500 000	2 037 000	1 579 000
Total Retained Equity	2 100 000	1 393 000	1 528 000	928 000
Total Equity	2 121 000	1 415 000	1 549 000	950 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 836 000	1 085 000	488 000	629 000
Total Equity and Debt	3 958 000	2 500 000	2 037 000	1 579 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 970 000	4 115 000	3 755 000	3 272 000
Other Income	3 000	0	37 000	41 000
Revenue	4 973 000	4 115 000	3 791 000	3 313 000
Cost of Goods Sold	1 945 000	2 288 000	1 919 000	1 823 000
Salary Costs	904 000	526 000	487 000	505 000
Depreciation	93 000	51 000	21 000	25 000
Impairment	0	0	0	0
Expenditure	4 068 000	3 648 000	3 032 000	3 016 000
Operating Profit	905 000	468 000	759 000	297 000
Financial Income	8 000	2 000	11 000	4 000
Financial Costs	7 000	1 000	2 000	1 000
Financial Balance	1 000	1 000	9 000	3 000
Dividends	0	500 000	0	0
Net Income	707 000	365 000	600 000	227 000

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	513 000	510 000	103 000	33 000
Total Tangible Assets	513 000	510 000	103 000	33 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	513 000	510 000	103 000	33 000
Stock	2 204 000	984 000	962 000	919 000
Total Investments	0	0	0	0
Cash, Bank	856 000	669 000	523 000	279 000
Total Current Assets	3 445 000	1 990 000	1 934 000	1 546 000
Total Assets	3 958 000	2 500 000	2 037 000	1 579 000
Total Equity	2 121 000	1 415 000	1 549 000	950 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 156 000	87 000	23 000	82 000
Unpaid Taxes	56 000	102 000	98 000	85 000
Dividends	0	500 000	0	0
Other Current Debt	426 000	793 000	199 000	388 000
Total Current Debt	1 836 000	1 085 000	488 000	629 000
Total Equity and Debt	3 958 000	2 500 000	2 037 000	1 579 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,33 %	25,8 %	38,73 %	23,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,2 %	11,37 %	20,02 %	8,96 %
Current Ratio	1,88	1,83	3,96	2,46
Quick Ratio	−9,36	19,7	−4,08	−5,33
Equity Ratio	0,54	0,57	0,76	0,6
Gross Profit Margin	60,89 %	44,4 %	49,38 %	44,97 %