GLOMMEN TECHNOLOGY AS

2406 ELVERUM

Finances

Share Ownership

Return on Equity

335,96 %

Current Ratio

0,06

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 000	1 050 000	2 710 000	3 381 000
Net Income	−1 794 000	−1 023 000	136 000	−3 785 000
Total Assets	194 000	1 687 000	2 631 000	1 536 000
Total Equity	−534 000	1 259 000	1 940 000	804 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 000	1 050 000	2 710 000	3 381 000
Expenditure	1 829 000	2 073 000	2 557 000	7 075 000
Operating Profit	−1 785 000	−1 023 000	154 000	−3 695 000
Financial Income	3 000	1 000	1 000	30 000
Financial Costs	12 000	0	19 000	125 000
Financial Balance	−9 000	1 000	−18 000	−95 000
Earnings Before Tax	−1 794 000	−1 023 000	136 000	−3 789 000
Tax	0	0	0	−5 000
Net Income	−1 794 000	−1 023 000	136 000	−3 785 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	153 000	1 407 000	1 744 000	1 056 000
Total Current Assets	42 000	280 000	887 000	480 000
Total Assets	194 000	1 687 000	2 631 000	1 536 000
Total Retained Equity	−6 376 000	−1 183 000	−160 000	−3 696 000
Total Equity	−534 000	1 259 000	1 940 000	804 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	728 000	428 000	691 000	732 000
Total Equity and Debt	194 000	1 687 000	2 631 000	1 536 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 620 000	2 661 000
Other Income	43 000	1 050 000	90 000	720 000
Revenue	43 000	1 050 000	2 710 000	3 381 000
Cost of Goods Sold	8 000	13 000	11 000	0
Salary Costs	2 000	1 000	1 000	1 000
Depreciation	435 000	430 000	273 000	257 000
Impairment	874 000	0	0	0
Expenditure	1 829 000	2 073 000	2 557 000	7 075 000
Operating Profit	−1 785 000	−1 023 000	154 000	−3 695 000
Financial Income	3 000	1 000	1 000	30 000
Financial Costs	12 000	0	19 000	125 000
Financial Balance	−9 000	1 000	−18 000	−95 000
Dividends	0	0	0	0
Net Income	−1 794 000	−1 023 000	136 000	−3 785 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 064 000	1 211 000	333 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	153 000	343 000	533 000	724 000
Fixtures	0	0	0	0
Total Tangible Assets	153 000	343 000	533 000	724 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	153 000	1 407 000	1 744 000	1 056 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	89 000	453 000	10 000
Total Current Assets	42 000	280 000	887 000	480 000
Total Assets	194 000	1 687 000	2 631 000	1 536 000
Total Equity	−534 000	1 259 000	1 940 000	804 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	234 000	358 000	505 000	534 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	495 000	70 000	185 000	197 000
Total Current Debt	728 000	428 000	691 000	732 000
Total Equity and Debt	194 000	1 687 000	2 631 000	1 536 000

Financial indicators	2022	2021	2020	2019
Return on Equity	335,96 %	−81,25 %	7,01 %	−470,77 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−4 151,16 %	−97,43 %	5,68 %	−109,29 %
Current Ratio	0,06	0,65	1,28	0,66
Quick Ratio	0,06	0,65	1,28	0,66
Equity Ratio	−2,75	0,75	0,74	0,52
Gross Profit Margin	81,4 %	98,76 %	99,59 %	100 %