NORSK KUNSTGLASS AS

0172 OSLO

Finances

Share Ownership

Return on Equity

130,84 %

Current Ratio

0,94

Debt-to-Equity Ratio

−4,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 972 000	7 125 000	7 129 000	5 356 000
Net Income	−908 000	106 000	275 000	36 000
Total Assets	3 705 000	3 771 000	3 655 000	3 807 000
Total Equity	−694 000	214 000	258 000	251 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 972 000	7 125 000	7 129 000	5 356 000
Expenditure	7 685 000	6 880 000	6 631 000	5 167 000
Operating Profit	−714 000	245 000	498 000	190 000
Financial Income	−2 000	0	2 000	0
Financial Costs	150 000	102 000	125 000	128 000
Financial Balance	−152 000	−102 000	−123 000	−128 000
Earnings Before Tax	−865 000	142 000	375 000	61 000
Tax	43 000	36 000	100 000	26 000
Net Income	−908 000	106 000	275 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 422 000	2 599 000	2 645 000	2 807 000
Total Current Assets	1 283 000	1 172 000	1 011 000	1 001 000
Total Assets	3 705 000	3 771 000	3 655 000	3 807 000
Total Retained Equity	−724 000	184 000	228 000	221 000
Total Equity	−694 000	214 000	258 000	251 000
Total Long-Term Debt	3 040 000	2 431 000	2 562 000	2 619 000
Total Current Debt	1 360 000	1 125 000	836 000	938 000
Total Equity and Debt	3 705 000	3 771 000	3 655 000	3 807 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 955 000	7 026 000	7 107 000	5 356 000
Other Income	17 000	99 000	23 000	0
Revenue	6 972 000	7 125 000	7 129 000	5 356 000
Cost of Goods Sold	3 589 000	3 695 000	3 336 000	2 179 000
Salary Costs	2 597 000	1 741 000	2 046 000	1 510 000
Depreciation	134 000	130 000	121 000	119 000
Impairment	0	0	0	0
Expenditure	7 685 000	6 880 000	6 631 000	5 167 000
Operating Profit	−714 000	245 000	498 000	190 000
Financial Income	−2 000	0	2 000	0
Financial Costs	150 000	102 000	125 000	128 000
Financial Balance	−152 000	−102 000	−123 000	−128 000
Dividends	0	0	0	250 000
Net Income	−908 000	106 000	275 000	36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	43 000	0	60 000
Real Eastate	2 382 000	2 478 000	2 575 000	2 671 000
Machinery and Plant Facilities	13 000	13 000	17 000	0
Fixtures	27 000	64 000	53 000	75 000
Total Tangible Assets	2 422 000	2 556 000	2 645 000	2 746 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 422 000	2 599 000	2 645 000	2 807 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	297 000	211 000	470 000	16 000
Total Current Assets	1 283 000	1 172 000	1 011 000	1 001 000
Total Assets	3 705 000	3 771 000	3 655 000	3 807 000
Total Equity	−694 000	214 000	258 000	251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 040 000	2 431 000	2 562 000	2 619 000
Creditors	778 000	363 000	121 000	309 000
Unpaid Taxes	299 000	353 000	195 000	154 000
Dividends	0	0	0	250 000
Other Current Debt	282 000	325 000	485 000	134 000
Total Current Debt	1 360 000	1 125 000	836 000	938 000
Total Equity and Debt	3 705 000	3 771 000	3 655 000	3 807 000

Financial indicators	2022	2021	2020	2019
Return on Equity	130,84 %	49,53 %	106,59 %	14,34 %
Debt-to-Equity Ratio	−4,38	11,36	9,93	10,43
Operating Profit Margin	−10,24 %	3,44 %	6,99 %	3,55 %
Current Ratio	0,94	1,04	1,21	1,07
Quick Ratio	0,94	1,04	1,21	1,07
Equity Ratio	−0,19	0,06	0,07	0,07
Gross Profit Margin	48,52 %	48,14 %	53,21 %	59,32 %