GLOW AS

3111 TØNSBERG

Finances

Return on Equity

−0,84 %

Current Ratio

9,82

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	20 000	60 000	58 000
Net Income	−2 000	−22 000	173 000	30 000
Total Assets	609 000	580 000	573 000	478 000
Total Equity	238 000	240 000	262 000	89 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	20 000	60 000	58 000
Expenditure	27 000	29 000	11 000	20 000
Operating Profit	−27 000	−9 000	49 000	38 000
Financial Income	26 000	0	135 000	0
Financial Costs	0	13 000	0	0
Financial Balance	26 000	−13 000	135 000	0
Earnings Before Tax	−2 000	−22 000	184 000	38 000
Tax	0	0	11 000	8 000
Net Income	−2 000	−22 000	173 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	609 000	580 000	573 000	478 000
Total Assets	609 000	580 000	573 000	478 000
Total Retained Equity	208 000	210 000	232 000	59 000
Total Equity	238 000	240 000	262 000	89 000
Total Long-Term Debt	308 000	300 000	300 000	377 000
Total Current Debt	62 000	39 000	11 000	13 000
Total Equity and Debt	609 000	580 000	573 000	478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	20 000	70 000	49 000
Other Income	0	0	−10 000	10 000
Revenue	0	20 000	60 000	58 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 000	29 000	11 000	20 000
Operating Profit	−27 000	−9 000	49 000	38 000
Financial Income	26 000	0	135 000	0
Financial Costs	0	13 000	0	0
Financial Balance	26 000	−13 000	135 000	0
Dividends	0	0	0	0
Net Income	−2 000	−22 000	173 000	30 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	525 000	495 000	400 000	415 000
Cash, Bank	7 000	9 000	16 000	1 000
Total Current Assets	609 000	580 000	573 000	478 000
Total Assets	609 000	580 000	573 000	478 000
Total Equity	238 000	240 000	262 000	89 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	308 000	300 000	300 000	377 000
Creditors	2 000	10 000	0	0
Unpaid Taxes	0	4 000	0	2 000
Dividends	0	0	0	0
Other Current Debt	60 000	25 000	1 000	2 000
Total Current Debt	62 000	39 000	11 000	13 000
Total Equity and Debt	609 000	580 000	573 000	478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,84 %	−9,17 %	66,03 %	33,71 %
Debt-to-Equity Ratio	1,29	1,25	1,15	4,24
Operating Profit Margin	-	−45 %	81,67 %	65,52 %
Current Ratio	9,82	14,87	52,09	36,77
Quick Ratio	9,82	14,87	52,09	36,77
Equity Ratio	0,39	0,41	0,46	0,19
Gross Profit Margin	-	100 %	100 %	100 %