GLASSLÅVEN KUNSTSENTER AS

2750 GRAN

Finances

Share Ownership

Return on Equity

30,38 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 909 000	2 234 000	1 949 000	2 738 000
Net Income	24 000	−85 000	−32 000	56 000
Total Assets	482 000	1 235 000	721 000	806 000
Total Equity	79 000	55 000	140 000	171 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 909 000	2 234 000	1 949 000	2 738 000
Expenditure	4 886 000	2 320 000	1 982 000	2 678 000
Operating Profit	23 000	−85 000	−33 000	60 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	0	0	0	6 000
Financial Balance	2 000	0	1 000	−4 000
Earnings Before Tax	24 000	−85 000	−32 000	56 000
Tax	0	0	0	0
Net Income	24 000	−85 000	−32 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	0	0	0
Total Current Assets	420 000	1 235 000	721 000	806 000
Total Assets	482 000	1 235 000	721 000	806 000
Total Retained Equity	29 000	5 000	90 000	121 000
Total Equity	79 000	55 000	140 000	171 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	403 000	1 180 000	581 000	635 000
Total Equity and Debt	482 000	1 235 000	721 000	806 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	697 000	966 000	684 000	1 422 000
Other Income	4 212 000	1 268 000	1 265 000	1 315 000
Revenue	4 909 000	2 234 000	1 949 000	2 738 000
Cost of Goods Sold	470 000	444 000	351 000	1 002 000
Salary Costs	2 460 000	850 000	516 000	405 000
Depreciation	10 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 886 000	2 320 000	1 982 000	2 678 000
Operating Profit	23 000	−85 000	−33 000	60 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	0	0	0	6 000
Financial Balance	2 000	0	1 000	−4 000
Dividends	0	0	0	0
Net Income	24 000	−85 000	−32 000	56 000

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	62 000	0	0	0
Total Tangible Assets	62 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	62 000	0	0	0
Stock	31 000	24 000	33 000	32 000
Total Investments	0	0	0	0
Cash, Bank	245 000	1 151 000	411 000	628 000
Total Current Assets	420 000	1 235 000	721 000	806 000
Total Assets	482 000	1 235 000	721 000	806 000
Total Equity	79 000	55 000	140 000	171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	73 000	110 000	130 000	133 000
Unpaid Taxes	126 000	73 000	28 000	17 000
Dividends	0	0	0	0
Other Current Debt	204 000	994 000	423 000	484 000
Total Current Debt	403 000	1 180 000	581 000	635 000
Total Equity and Debt	482 000	1 235 000	721 000	806 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,38 %	−154,55 %	−22,86 %	32,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,47 %	−3,8 %	−1,69 %	2,19 %
Current Ratio	1,04	1,05	1,24	1,27
Quick Ratio	1,13	1,07	1,32	1,34
Equity Ratio	0,16	0,04	0,19	0,21
Gross Profit Margin	90,43 %	80,13 %	81,99 %	63,4 %