CG GLASS VENNESLA AS

4700 VENNESLA

Finances

Share Ownership

Return on Equity

57,2 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 513 000	97 313 000	102 815 000	97 128 000
Net Income	4 506 000	2 418 000	2 424 000	−2 698 000
Total Assets	39 653 000	39 920 000	32 897 000	28 505 000
Total Equity	7 878 000	5 815 000	3 397 000	973 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 513 000	97 313 000	102 815 000	97 128 000
Expenditure	111 298 000	93 460 000	98 789 000	99 261 000
Operating Profit	7 215 000	3 853 000	4 025 000	−2 134 000
Financial Income	413 000	285 000	456 000	184 000
Financial Costs	1 851 000	1 296 000	1 788 000	1 505 000
Financial Balance	−1 438 000	−1 011 000	−1 332 000	−1 321 000
Earnings Before Tax	5 776 000	2 842 000	2 693 000	−3 455 000
Tax	1 270 000	424 000	268 000	−758 000
Net Income	4 506 000	2 418 000	2 424 000	−2 698 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	281 000	343 000	768 000	1 036 000
Total Current Assets	39 372 000	39 577 000	32 130 000	27 469 000
Total Assets	39 653 000	39 920 000	32 897 000	28 505 000
Total Retained Equity	6 498 000	4 435 000	2 017 000	−407 000
Total Equity	7 878 000	5 815 000	3 397 000	973 000
Total Long-Term Debt	2 571 000	3 000 000	0	0
Total Current Debt	29 204 000	31 105 000	29 500 000	27 532 000
Total Equity and Debt	39 653 000	39 920 000	32 897 000	28 505 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	118 513 000	97 271 000	102 428 000	96 174 000
Other Income	0	41 000	386 000	953 000
Revenue	118 513 000	97 313 000	102 815 000	97 128 000
Cost of Goods Sold	67 545 000	56 149 000	57 428 000	69 694 000
Salary Costs	21 531 000	19 928 000	21 890 000	6 107 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	111 298 000	93 460 000	98 789 000	99 261 000
Operating Profit	7 215 000	3 853 000	4 025 000	−2 134 000
Financial Income	413 000	285 000	456 000	184 000
Financial Costs	1 851 000	1 296 000	1 788 000	1 505 000
Financial Balance	−1 438 000	−1 011 000	−1 332 000	−1 321 000
Dividends	0	0	0	0
Net Income	4 506 000	2 418 000	2 424 000	−2 698 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	281 000	343 000	768 000	1 036 000
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	0	0	0	0
Total Fixed Assets	281 000	343 000	768 000	1 036 000
Stock	7 688 000	4 629 000	4 767 000	3 908 000
Total Investments	0	0	0	0
Cash, Bank	2 583 000	1 629 000	1 025 000	189 000
Total Current Assets	39 372 000	39 577 000	32 130 000	27 469 000
Total Assets	39 653 000	39 920 000	32 897 000	28 505 000
Total Equity	7 878 000	5 815 000	3 397 000	973 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 571 000	3 000 000	0	0
Creditors	4 832 000	11 482 000	10 351 000	10 543 000
Unpaid Taxes	6 018 000	4 959 000	7 291 000	5 163 000
Dividends	0	0	0	0
Other Current Debt	16 689 000	13 519 000	8 823 000	8 866 000
Total Current Debt	29 204 000	31 105 000	29 500 000	27 532 000
Total Equity and Debt	39 653 000	39 920 000	32 897 000	28 505 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,2 %	41,58 %	71,36 %	−277,29 %
Debt-to-Equity Ratio	0,33	0,52	0	0
Operating Profit Margin	6,09 %	3,96 %	3,91 %	−2,2 %
Current Ratio	1,35	1,27	1,09	1
Quick Ratio	1,83	1,49	1,3	1,16
Equity Ratio	0,2	0,15	0,1	0,03
Gross Profit Margin	43,01 %	42,3 %	44,14 %	28,25 %