GLASTUNES INVEST AS

8003 BODØ

Finances

Return on Equity

51,04 %

Current Ratio

4,96

Debt-to-Equity Ratio

−3,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	201 000	284 000	288 000
Net Income	−172 000	−619 000	44 000	123 000
Total Assets	1 003 000	1 249 000	1 924 000	1 675 000
Total Equity	−337 000	−165 000	454 000	410 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	201 000	284 000	288 000
Expenditure	144 000	805 000	128 000	162 000
Operating Profit	−144 000	−604 000	156 000	126 000
Financial Income	0	0	0	0
Financial Costs	28 000	27 000	96 000	−31 000
Financial Balance	−28 000	−27 000	−96 000	31 000
Earnings Before Tax	−172 000	−631 000	60 000	157 000
Tax	0	−12 000	16 000	35 000
Net Income	−172 000	−619 000	44 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	424 000	1 169 000	1 871 000	1 370 000
Total Current Assets	580 000	80 000	54 000	305 000
Total Assets	1 003 000	1 249 000	1 924 000	1 675 000
Total Retained Equity	−372 000	−200 000	419 000	375 000
Total Equity	−337 000	−165 000	454 000	410 000
Total Long-Term Debt	1 224 000	1 325 000	1 403 000	1 232 000
Total Current Debt	117 000	89 000	67 000	34 000
Total Equity and Debt	1 003 000	1 249 000	1 924 000	1 675 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	139 000	284 000	0
Other Income	0	62 000	0	288 000
Revenue	0	201 000	284 000	288 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	20 000
Depreciation	45 000	52 000	24 000	13 000
Impairment	0	632 000	0	0
Expenditure	144 000	805 000	128 000	162 000
Operating Profit	−144 000	−604 000	156 000	126 000
Financial Income	0	0	0	0
Financial Costs	28 000	27 000	96 000	−31 000
Financial Balance	−28 000	−27 000	−96 000	31 000
Dividends	0	0	0	0
Net Income	−172 000	−619 000	44 000	123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	700 000	1 332 000	1 332 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	124 000	169 000	239 000	38 000
Total Tangible Assets	124 000	869 000	1 571 000	1 370 000
Total Fiancial Fixed Assets	300 000	300 000	300 000	0
Total Fixed Assets	424 000	1 169 000	1 871 000	1 370 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	571 000	73 000	44 000	75 000
Total Current Assets	580 000	80 000	54 000	305 000
Total Assets	1 003 000	1 249 000	1 924 000	1 675 000
Total Equity	−337 000	−165 000	454 000	410 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 224 000	1 325 000	1 403 000	1 232 000
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	116 000	89 000	62 000	−2 000
Total Current Debt	117 000	89 000	67 000	34 000
Total Equity and Debt	1 003 000	1 249 000	1 924 000	1 675 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,04 %	375,15 %	9,69 %	30 %
Debt-to-Equity Ratio	−3,63	−8,03	3,09	3
Operating Profit Margin	-	−300,5 %	54,93 %	43,75 %
Current Ratio	4,96	0,9	0,81	8,97
Quick Ratio	4,96	0,9	0,81	8,97
Equity Ratio	−0,34	−0,13	0,24	0,24
Gross Profit Margin	-	100 %	100 %	100 %