GLOVE STORE AS

1338 SANDVIKA

Finances

Share Ownership

Return on Equity

6,34 %

Current Ratio

2,32

Debt-to-Equity Ratio

2,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 720 000	4 134 000	2 865 000	3 400 000
Net Income	37 000	1 081 000	448 000	128 000
Total Assets	3 170 000	3 329 000	2 360 000	2 258 000
Total Equity	584 000	547 000	−534 000	−981 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 720 000	4 134 000	2 865 000	3 400 000
Expenditure	4 614 000	2 877 000	2 425 000	3 213 000
Operating Profit	106 000	1 258 000	440 000	187 000
Financial Income	4 000	5 000	51 000	1 000
Financial Costs	61 000	33 000	44 000	60 000
Financial Balance	−57 000	−28 000	7 000	−59 000
Earnings Before Tax	49 000	1 230 000	448 000	128 000
Tax	12 000	149 000	0	0
Net Income	37 000	1 081 000	448 000	128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	48 000	68 000	23 000
Total Current Assets	3 138 000	3 281 000	2 292 000	2 235 000
Total Assets	3 170 000	3 329 000	2 360 000	2 258 000
Total Retained Equity	554 000	517 000	−564 000	−1 011 000
Total Equity	584 000	547 000	−534 000	−981 000
Total Long-Term Debt	1 233 000	1 667 000	2 275 000	2 177 000
Total Current Debt	1 352 000	1 115 000	619 000	1 063 000
Total Equity and Debt	3 170 000	3 329 000	2 360 000	2 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 720 000	4 115 000	2 865 000	3 400 000
Other Income	0	19 000	0	0
Revenue	4 720 000	4 134 000	2 865 000	3 400 000
Cost of Goods Sold	2 343 000	1 737 000	1 280 000	1 819 000
Salary Costs	1 341 000	655 000	690 000	927 000
Depreciation	14 000	23 000	14 000	6 000
Impairment	0	0	0	0
Expenditure	4 614 000	2 877 000	2 425 000	3 213 000
Operating Profit	106 000	1 258 000	440 000	187 000
Financial Income	4 000	5 000	51 000	1 000
Financial Costs	61 000	33 000	44 000	60 000
Financial Balance	−57 000	−28 000	7 000	−59 000
Dividends	0	0	0	0
Net Income	37 000	1 081 000	448 000	128 000

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	31 000	48 000	68 000	23 000
Total Tangible Assets	31 000	48 000	68 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	48 000	68 000	23 000
Stock	2 053 000	1 852 000	1 594 000	1 204 000
Total Investments	0	0	0	0
Cash, Bank	1 085 000	1 427 000	697 000	1 031 000
Total Current Assets	3 138 000	3 281 000	2 292 000	2 235 000
Total Assets	3 170 000	3 329 000	2 360 000	2 258 000
Total Equity	584 000	547 000	−534 000	−981 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 233 000	1 667 000	2 275 000	2 177 000
Creditors	348 000	368 000	250 000	603 000
Unpaid Taxes	554 000	523 000	307 000	385 000
Dividends	0	0	0	0
Other Current Debt	439 000	76 000	61 000	75 000
Total Current Debt	1 352 000	1 115 000	619 000	1 063 000
Total Equity and Debt	3 170 000	3 329 000	2 360 000	2 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,34 %	197,62 %	−83,9 %	−13,05 %
Debt-to-Equity Ratio	2,11	3,05	−4,26	−2,22
Operating Profit Margin	2,25 %	30,43 %	15,36 %	5,5 %
Current Ratio	2,32	2,94	3,7	2,1
Quick Ratio	−4,48	−4,45	−2,35	−15,85
Equity Ratio	0,18	0,16	−0,23	−0,43
Gross Profit Margin	50,36 %	57,98 %	55,32 %	46,5 %