GLASSMESTER STRAND AS

1707 SARPSBORG

Finances

Return on Equity

16,38 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 001 000	9 949 000	9 349 000	8 590 000
Net Income	551 000	727 000	614 000	451 000
Total Assets	7 167 000	7 012 000	6 540 000	6 369 000
Total Equity	3 363 000	3 312 000	3 485 000	2 951 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 001 000	9 949 000	9 349 000	8 590 000
Expenditure	10 191 000	8 919 000	8 451 000	7 932 000
Operating Profit	810 000	1 032 000	898 000	657 000
Financial Income	8 000	6 000	6 000	9 000
Financial Costs	111 000	100 000	106 000	105 000
Financial Balance	−103 000	−94 000	−100 000	−96 000
Earnings Before Tax	707 000	938 000	798 000	561 000
Tax	156 000	211 000	184 000	110 000
Net Income	551 000	727 000	614 000	451 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 987 000	3 520 000	3 648 000	3 549 000
Total Current Assets	3 180 000	3 492 000	2 893 000	2 820 000
Total Assets	7 167 000	7 012 000	6 540 000	6 369 000
Total Retained Equity	973 000	922 000	1 095 000	561 000
Total Equity	3 363 000	3 312 000	3 485 000	2 951 000
Total Long-Term Debt	1 924 000	1 746 000	1 752 000	2 345 000
Total Current Debt	1 880 000	1 953 000	1 303 000	1 073 000
Total Equity and Debt	7 167 000	7 012 000	6 540 000	6 369 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 001 000	9 949 000	9 349 000	8 480 000
Other Income	0	0	0	109 000
Revenue	11 001 000	9 949 000	9 349 000	8 590 000
Cost of Goods Sold	4 763 000	3 942 000	3 858 000	3 511 000
Salary Costs	2 998 000	2 766 000	2 521 000	2 468 000
Depreciation	195 000	213 000	171 000	188 000
Impairment	0	0	0	0
Expenditure	10 191 000	8 919 000	8 451 000	7 932 000
Operating Profit	810 000	1 032 000	898 000	657 000
Financial Income	8 000	6 000	6 000	9 000
Financial Costs	111 000	100 000	106 000	105 000
Financial Balance	−103 000	−94 000	−100 000	−96 000
Dividends	500 000	900 000	80 000	0
Net Income	551 000	727 000	614 000	451 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	246 000	307 000	369 000	430 000
Total Intangible Assets	246 000	307 000	369 000	430 000
Real Eastate	2 777 000	2 820 000	2 864 000	2 858 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	965 000	371 000	343 000	126 000
Total Tangible Assets	3 741 000	3 191 000	3 208 000	2 984 000
Total Fiancial Fixed Assets	0	22 000	71 000	135 000
Total Fixed Assets	3 987 000	3 520 000	3 648 000	3 549 000
Stock	355 000	281 000	312 000	247 000
Total Investments	0	0	0	0
Cash, Bank	1 274 000	2 263 000	1 992 000	1 713 000
Total Current Assets	3 180 000	3 492 000	2 893 000	2 820 000
Total Assets	7 167 000	7 012 000	6 540 000	6 369 000
Total Equity	3 363 000	3 312 000	3 485 000	2 951 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 924 000	1 746 000	1 752 000	2 345 000
Creditors	459 000	181 000	492 000	454 000
Unpaid Taxes	465 000	493 000	321 000	265 000
Dividends	500 000	900 000	80 000	0
Other Current Debt	338 000	1 069 000	317 000	261 000
Total Current Debt	1 880 000	1 953 000	1 303 000	1 073 000
Total Equity and Debt	7 167 000	7 012 000	6 540 000	6 369 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,38 %	21,95 %	17,62 %	15,28 %
Debt-to-Equity Ratio	0,57	0,53	0,5	0,79
Operating Profit Margin	7,36 %	10,37 %	9,61 %	7,65 %
Current Ratio	1,69	1,79	2,22	2,63
Quick Ratio	2,09	2,09	2,92	3,41
Equity Ratio	0,47	0,47	0,53	0,46
Gross Profit Margin	56,7 %	60,38 %	58,73 %	59,13 %