GLACIER AS

5750 ODDA

Finances

Share Ownership

Return on Equity

19,29 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 276 000	907 000	1 079 000	1 297 000
Net Income	−249 000	−31 000	−111 000	−18 000
Total Assets	38 000	36 000	84 000	116 000
Total Equity	−1 291 000	−1 042 000	−1 011 000	−900 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 276 000	907 000	1 079 000	1 297 000
Expenditure	1 457 000	927 000	1 184 000	1 310 000
Operating Profit	−182 000	−19 000	−105 000	−12 000
Financial Income	−4 000	0	0	0
Financial Costs	63 000	12 000	6 000	6 000
Financial Balance	−67 000	−12 000	−6 000	−6 000
Earnings Before Tax	−249 000	−31 000	−111 000	−18 000
Tax	0	0	0	0
Net Income	−249 000	−31 000	−111 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	20 000	37 000	95 000
Total Current Assets	26 000	16 000	47 000	20 000
Total Assets	38 000	36 000	84 000	116 000
Total Retained Equity	−1 321 000	−1 072 000	−1 041 000	−930 000
Total Equity	−1 291 000	−1 042 000	−1 011 000	−900 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 330 000	1 078 000	1 095 000	1 016 000
Total Equity and Debt	38 000	36 000	84 000	116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 276 000	834 000	1 045 000	1 297 000
Other Income	0	73 000	34 000	0
Revenue	1 276 000	907 000	1 079 000	1 297 000
Cost of Goods Sold	326 000	213 000	260 000	350 000
Salary Costs	720 000	296 000	492 000	574 000
Depreciation	7 000	30 000	58 000	80 000
Impairment	0	0	0	0
Expenditure	1 457 000	927 000	1 184 000	1 310 000
Operating Profit	−182 000	−19 000	−105 000	−12 000
Financial Income	−4 000	0	0	0
Financial Costs	63 000	12 000	6 000	6 000
Financial Balance	−67 000	−12 000	−6 000	−6 000
Dividends	0	0	0	0
Net Income	−249 000	−31 000	−111 000	−18 000

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	13 000	20 000	37 000	95 000
Total Tangible Assets	13 000	20 000	37 000	95 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	20 000	37 000	95 000
Stock	14 000	9 000	12 000	13 000
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	3 000	2 000
Total Current Assets	26 000	16 000	47 000	20 000
Total Assets	38 000	36 000	84 000	116 000
Total Equity	−1 291 000	−1 042 000	−1 011 000	−900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	64 000	32 000	2 000	2 000
Unpaid Taxes	10 000	6 000	7 000	7 000
Dividends	0	0	0	0
Other Current Debt	1 080 000	900 000	1 002 000	907 000
Total Current Debt	1 330 000	1 078 000	1 095 000	1 016 000
Total Equity and Debt	38 000	36 000	84 000	116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,29 %	2,98 %	10,98 %	2 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−14,26 %	−2,09 %	−9,73 %	−0,93 %
Current Ratio	0,02	0,01	0,04	0,02
Quick Ratio	0,02	0,01	0,04	0,02
Equity Ratio	−33,97	−28,94	−12,04	−7,76
Gross Profit Margin	74,45 %	76,52 %	75,9 %	73,01 %