GLASS & RAMME AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

25 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 381 000	2 484 000	2 192 000	2 867 000
Net Income	83 000	36 000	−330 000	121 000
Total Assets	904 000	1 042 000	992 000	1 233 000
Total Equity	332 000	249 000	213 000	543 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 381 000	2 484 000	2 192 000	2 867 000
Expenditure	3 266 000	2 426 000	2 544 000	2 706 000
Operating Profit	115 000	59 000	−352 000	161 000
Financial Income	0	0	0	1 000
Financial Costs	21 000	23 000	23 000	5 000
Financial Balance	−21 000	−23 000	−23 000	−4 000
Earnings Before Tax	94 000	36 000	−375 000	156 000
Tax	11 000	0	−45 000	35 000
Net Income	83 000	36 000	−330 000	121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	89 000	119 000	0
Total Current Assets	844 000	952 000	873 000	1 233 000
Total Assets	904 000	1 042 000	992 000	1 233 000
Total Retained Equity	−63 000	−146 000	−182 000	149 000
Total Equity	332 000	249 000	213 000	543 000
Total Long-Term Debt	33 000	83 000	132 000	0
Total Current Debt	539 000	711 000	647 000	690 000
Total Equity and Debt	904 000	1 042 000	992 000	1 233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 379 000	2 484 000	2 192 000	2 867 000
Other Income	2 000	0	0	0
Revenue	3 381 000	2 484 000	2 192 000	2 867 000
Cost of Goods Sold	1 060 000	493 000	667 000	777 000
Salary Costs	1 313 000	1 047 000	972 000	1 087 000
Depreciation	30 000	30 000	30 000	0
Impairment	0	0	0	0
Expenditure	3 266 000	2 426 000	2 544 000	2 706 000
Operating Profit	115 000	59 000	−352 000	161 000
Financial Income	0	0	0	1 000
Financial Costs	21 000	23 000	23 000	5 000
Financial Balance	−21 000	−23 000	−23 000	−4 000
Dividends	0	0	0	0
Net Income	83 000	36 000	−330 000	121 000

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	60 000	89 000	119 000	0
Total Tangible Assets	60 000	89 000	119 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	60 000	89 000	119 000	0
Stock	630 000	724 000	556 000	914 000
Total Investments	0	0	0	0
Cash, Bank	52 000	39 000	73 000	117 000
Total Current Assets	844 000	952 000	873 000	1 233 000
Total Assets	904 000	1 042 000	992 000	1 233 000
Total Equity	332 000	249 000	213 000	543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 000	83 000	132 000	0
Creditors	232 000	350 000	80 000	104 000
Unpaid Taxes	142 000	146 000	169 000	209 000
Dividends	0	0	0	0
Other Current Debt	133 000	106 000	398 000	342 000
Total Current Debt	539 000	711 000	647 000	690 000
Total Equity and Debt	904 000	1 042 000	992 000	1 233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25 %	14,46 %	−154,93 %	22,28 %
Debt-to-Equity Ratio	0,1	0,33	0,62	0
Operating Profit Margin	3,4 %	2,38 %	−16,06 %	5,62 %
Current Ratio	1,57	1,34	1,35	1,79
Quick Ratio	−9,27	−73,23	9,59	−5,5
Equity Ratio	0,37	0,24	0,21	0,44
Gross Profit Margin	68,65 %	80,15 %	69,57 %	72,9 %