GTC GLASS CHRISTOFFERSEN AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

74,19 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 094 000	12 616 000	12 339 000	8 390 000
Net Income	460 000	25 000	481 000	913 000
Total Assets	3 491 000	3 389 000	2 368 000	2 427 000
Total Equity	620 000	375 000	349 000	228 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 094 000	12 616 000	12 339 000	8 390 000
Expenditure	12 456 000	12 541 000	11 690 000	7 404 000
Operating Profit	640 000	75 000	650 000	986 000
Financial Income	5 000	4 000	5 000	1 000
Financial Costs	40 000	45 000	33 000	18 000
Financial Balance	−35 000	−41 000	−28 000	−17 000
Earnings Before Tax	605 000	34 000	621 000	970 000
Tax	144 000	9 000	140 000	57 000
Net Income	460 000	25 000	481 000	913 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	373 000	503 000	295 000	17 000
Total Current Assets	3 118 000	2 886 000	2 074 000	2 410 000
Total Assets	3 491 000	3 389 000	2 368 000	2 427 000
Total Retained Equity	590 000	345 000	319 000	198 000
Total Equity	620 000	375 000	349 000	228 000
Total Long-Term Debt	347 000	479 000	225 000	32 000
Total Current Debt	2 524 000	2 535 000	1 794 000	2 167 000
Total Equity and Debt	3 491 000	3 389 000	2 368 000	2 427 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 090 000	12 613 000	12 332 000	8 385 000
Other Income	4 000	4 000	8 000	5 000
Revenue	13 094 000	12 616 000	12 339 000	8 390 000
Cost of Goods Sold	6 507 000	7 163 000	6 921 000	4 098 000
Salary Costs	3 742 000	3 619 000	3 136 000	2 171 000
Depreciation	140 000	137 000	63 000	0
Impairment	0	0	0	0
Expenditure	12 456 000	12 541 000	11 690 000	7 404 000
Operating Profit	640 000	75 000	650 000	986 000
Financial Income	5 000	4 000	5 000	1 000
Financial Costs	40 000	45 000	33 000	18 000
Financial Balance	−35 000	−41 000	−28 000	−17 000
Dividends	215 000	0	360 000	0
Net Income	460 000	25 000	481 000	913 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	29 000	38 000	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	373 000	474 000	257 000	0
Total Tangible Assets	373 000	474 000	257 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	373 000	503 000	295 000	17 000
Stock	821 000	599 000	352 000	163 000
Total Investments	0	0	0	0
Cash, Bank	857 000	682 000	1 147 000	261 000
Total Current Assets	3 118 000	2 886 000	2 074 000	2 410 000
Total Assets	3 491 000	3 389 000	2 368 000	2 427 000
Total Equity	620 000	375 000	349 000	228 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	347 000	479 000	225 000	32 000
Creditors	1 207 000	1 541 000	356 000	1 042 000
Unpaid Taxes	558 000	502 000	502 000	372 000
Dividends	215 000	0	360 000	0
Other Current Debt	429 000	493 000	415 000	679 000
Total Current Debt	2 524 000	2 535 000	1 794 000	2 167 000
Total Equity and Debt	3 491 000	3 389 000	2 368 000	2 427 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,19 %	6,67 %	137,82 %	400,44 %
Debt-to-Equity Ratio	0,56	1,28	0,64	0,14
Operating Profit Margin	4,89 %	0,59 %	5,27 %	11,75 %
Current Ratio	1,24	1,14	1,16	1,11
Quick Ratio	1,83	1,49	1,44	1,2
Equity Ratio	0,18	0,11	0,15	0,09
Gross Profit Margin	50,31 %	43,22 %	43,91 %	51,16 %