GLENN HELLSTRAND AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

6,71 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 020 000	64 250 000	66 784 000	59 545 000
Net Income	68 000	62 000	100 000	318 000
Total Assets	7 387 000	8 396 000	8 620 000	6 722 000
Total Equity	1 014 000	946 000	884 000	785 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 020 000	64 250 000	66 784 000	59 545 000
Expenditure	64 946 000	64 172 000	66 664 000	59 205 000
Operating Profit	73 000	77 000	120 000	340 000
Financial Income	14 000	3 000	8 000	13 000
Financial Costs	0	1 000	0	0
Financial Balance	14 000	2 000	8 000	13 000
Earnings Before Tax	87 000	80 000	128 000	353 000
Tax	19 000	18 000	28 000	35 000
Net Income	68 000	62 000	100 000	318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	272 000	347 000	335 000	429 000
Total Current Assets	7 115 000	8 049 000	8 285 000	6 293 000
Total Assets	7 387 000	8 396 000	8 620 000	6 722 000
Total Retained Equity	514 000	446 000	384 000	285 000
Total Equity	1 014 000	946 000	884 000	785 000
Total Long-Term Debt	3 000	12 000	16 000	23 000
Total Current Debt	6 370 000	7 438 000	7 719 000	5 915 000
Total Equity and Debt	7 387 000	8 396 000	8 620 000	6 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 548 000	63 033 000	65 392 000	57 914 000
Other Income	1 472 000	1 217 000	1 392 000	1 631 000
Revenue	65 020 000	64 250 000	66 784 000	59 545 000
Cost of Goods Sold	54 116 000	53 151 000	55 609 000	49 071 000
Salary Costs	4 468 000	4 701 000	4 702 000	4 182 000
Depreciation	105 000	94 000	94 000	86 000
Impairment	0	0	0	0
Expenditure	64 946 000	64 172 000	66 664 000	59 205 000
Operating Profit	73 000	77 000	120 000	340 000
Financial Income	14 000	3 000	8 000	13 000
Financial Costs	0	1 000	0	0
Financial Balance	14 000	2 000	8 000	13 000
Dividends	0	0	0	0
Net Income	68 000	62 000	100 000	318 000

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	272 000	347 000	335 000	429 000
Total Tangible Assets	272 000	347 000	335 000	429 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	272 000	347 000	335 000	429 000
Stock	4 015 000	4 492 000	4 352 000	3 391 000
Total Investments	0	0	0	0
Cash, Bank	2 466 000	2 728 000	3 341 000	2 383 000
Total Current Assets	7 115 000	8 049 000	8 285 000	6 293 000
Total Assets	7 387 000	8 396 000	8 620 000	6 722 000
Total Equity	1 014 000	946 000	884 000	785 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	12 000	16 000	23 000
Creditors	4 717 000	5 972 000	6 255 000	4 380 000
Unpaid Taxes	351 000	237 000	304 000	436 000
Dividends	0	0	0	0
Other Current Debt	1 274 000	1 207 000	1 126 000	1 087 000
Total Current Debt	6 370 000	7 438 000	7 719 000	5 915 000
Total Equity and Debt	7 387 000	8 396 000	8 620 000	6 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,71 %	6,55 %	11,31 %	40,51 %
Debt-to-Equity Ratio	0	0,01	0,02	0,03
Operating Profit Margin	0,11 %	0,12 %	0,18 %	0,57 %
Current Ratio	1,12	1,08	1,07	1,06
Quick Ratio	3,02	2,73	2,46	2,49
Equity Ratio	0,14	0,11	0,1	0,12
Gross Profit Margin	16,77 %	17,27 %	16,73 %	17,59 %