GLASSPAPER SOLUTIONS AS

0667 OSLO

Finances

Return on Equity

−32,13 %

Current Ratio

0,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 344 000	9 053 000	4 270 000	1 863 000
Net Income	−1 184 000	606 000	441 000	403 000
Total Assets	7 332 000	7 277 000	5 763 000	1 331 000
Total Equity	3 685 000	4 869 000	4 263 000	611 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 344 000	9 053 000	4 270 000	1 863 000
Expenditure	16 558 000	8 257 000	3 548 000	1 354 000
Operating Profit	−1 214 000	796 000	723 000	508 000
Financial Income	5 000	4 000	0	3 000
Financial Costs	20 000	23 000	146 000	3 000
Financial Balance	−15 000	−19 000	−146 000	0
Earnings Before Tax	−1 229 000	776 000	577 000	508 000
Tax	−44 000	170 000	136 000	105 000
Net Income	−1 184 000	606 000	441 000	403 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 858 000	1 105 000	521 000	542 000
Total Current Assets	2 474 000	6 172 000	5 242 000	789 000
Total Assets	7 332 000	7 277 000	5 763 000	1 331 000
Total Retained Equity	425 000	1 609 000	1 003 000	561 000
Total Equity	3 685 000	4 869 000	4 263 000	611 000
Total Long-Term Debt	0	44 000	583 000	1 000
Total Current Debt	3 647 000	2 364 000	917 000	718 000
Total Equity and Debt	7 332 000	7 277 000	5 763 000	1 331 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 344 000	9 053 000	4 270 000	1 862 000
Other Income	0	0	0	0
Revenue	15 344 000	9 053 000	4 270 000	1 863 000
Cost of Goods Sold	240 000	320 000	189 000	0
Salary Costs	13 485 000	6 627 000	2 404 000	1 008 000
Depreciation	322 000	91 000	28 000	14 000
Impairment	0	0	0	0
Expenditure	16 558 000	8 257 000	3 548 000	1 354 000
Operating Profit	−1 214 000	796 000	723 000	508 000
Financial Income	5 000	4 000	0	3 000
Financial Costs	20 000	23 000	146 000	3 000
Financial Balance	−15 000	−19 000	−146 000	0
Dividends	0	0	0	325 000
Net Income	−1 184 000	606 000	441 000	403 000

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	1 070 000	692 000	57 000	61 000
Total Tangible Assets	1 070 000	692 000	57 000	61 000
Total Fiancial Fixed Assets	3 788 000	413 000	464 000	481 000
Total Fixed Assets	4 858 000	1 105 000	521 000	542 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	731 000	2 979 000	4 906 000	238 000
Total Current Assets	2 474 000	6 172 000	5 242 000	789 000
Total Assets	7 332 000	7 277 000	5 763 000	1 331 000
Total Equity	3 685 000	4 869 000	4 263 000	611 000
Short-Term Group Debt	323 000	4 000	0	0
Total Long-Term Debt	0	44 000	583 000	1 000
Creditors	260 000	478 000	239 000	107 000
Unpaid Taxes	1 429 000	1 145 000	295 000	53 000
Dividends	0	0	0	325 000
Other Current Debt	1 635 000	612 000	247 000	129 000
Total Current Debt	3 647 000	2 364 000	917 000	718 000
Total Equity and Debt	7 332 000	7 277 000	5 763 000	1 331 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,13 %	12,45 %	10,34 %	65,96 %
Debt-to-Equity Ratio	0	0,01	0,14	0
Operating Profit Margin	−7,91 %	8,79 %	16,93 %	27,27 %
Current Ratio	0,68	2,61	5,72	1,1
Quick Ratio	0,68	2,61	5,72	1,1
Equity Ratio	0,5	0,67	0,74	0,46
Gross Profit Margin	98,44 %	96,47 %	95,57 %	100 %