GLASS OG RAMME FREDRIKSTAD AS

1610 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−11,58 %

Current Ratio

1,82

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 507 000	2 635 000	1 903 000	1 421 000
Net Income	−90 000	435 000	271 000	79 000
Total Assets	1 347 000	1 450 000	995 000	569 000
Total Equity	777 000	867 000	432 000	161 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 507 000	2 635 000	1 903 000	1 421 000
Expenditure	2 505 000	2 155 000	1 552 000	1 312 000
Operating Profit	1 000	479 000	352 000	109 000
Financial Income	0	0	0	0
Financial Costs	4 000	3 000	4 000	2 000
Financial Balance	−4 000	−3 000	−4 000	−2 000
Earnings Before Tax	−3 000	476 000	348 000	107 000
Tax	87 000	42 000	77 000	28 000
Net Income	−90 000	435 000	271 000	79 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	337 000	205 000	0	0
Total Current Assets	1 010 000	1 245 000	995 000	569 000
Total Assets	1 347 000	1 450 000	995 000	569 000
Total Retained Equity	747 000	837 000	402 000	131 000
Total Equity	777 000	867 000	432 000	161 000
Total Long-Term Debt	14 000	7 000	0	0
Total Current Debt	556 000	576 000	562 000	408 000
Total Equity and Debt	1 347 000	1 450 000	995 000	569 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 467 000	2 635 000	1 891 000	1 421 000
Other Income	40 000	0	12 000	0
Revenue	2 507 000	2 635 000	1 903 000	1 421 000
Cost of Goods Sold	902 000	929 000	737 000	600 000
Salary Costs	429 000	290 000	393 000	304 000
Depreciation	49 000	15 000	0	0
Impairment	0	0	0	0
Expenditure	2 505 000	2 155 000	1 552 000	1 312 000
Operating Profit	1 000	479 000	352 000	109 000
Financial Income	0	0	0	0
Financial Costs	4 000	3 000	4 000	2 000
Financial Balance	−4 000	−3 000	−4 000	−2 000
Dividends	0	0	0	0
Net Income	−90 000	435 000	271 000	79 000

Balance details (NOK)	2021	2020	2019	2018
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	337 000	205 000	0	0
Total Tangible Assets	337 000	205 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	337 000	205 000	0	0
Stock	619 000	619 000	124 000	214 000
Total Investments	0	0	0	0
Cash, Bank	338 000	542 000	544 000	302 000
Total Current Assets	1 010 000	1 245 000	995 000	569 000
Total Assets	1 347 000	1 450 000	995 000	569 000
Total Equity	777 000	867 000	432 000	161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 000	7 000	0	0
Creditors	280 000	74 000	299 000	230 000
Unpaid Taxes	62 000	285 000	106 000	109 000
Dividends	0	0	0	0
Other Current Debt	176 000	119 000	81 000	41 000
Total Current Debt	556 000	576 000	562 000	408 000
Total Equity and Debt	1 347 000	1 450 000	995 000	569 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−11,58 %	50,17 %	62,73 %	49,07 %
Debt-to-Equity Ratio	0,02	0,01	0	0
Operating Profit Margin	0,04 %	18,18 %	18,5 %	7,67 %
Current Ratio	1,82	2,16	1,77	1,39
Quick Ratio	−16,03	−28,95	2,27	2,93
Equity Ratio	0,58	0,6	0,43	0,28
Gross Profit Margin	64,02 %	64,74 %	61,27 %	57,78 %