GLIMT VEA AS

4276 VEAVÅGEN

Finances

Return on Equity

16,61 %

Current Ratio

13,15

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	107 000	88 000	155 000	8 000
Net Income	159 000	141 000	10 000	−47 000
Total Assets	1 046 000	1 213 000	950 000	898 000
Total Equity	957 000	798 000	657 000	647 000

Income (NOK)	2022	2021	2020	2019
Revenue	107 000	88 000	155 000	8 000
Expenditure	123 000	103 000	108 000	68 000
Operating Profit	−16 000	−15 000	47 000	−61 000
Financial Income	175 000	153 000	0	1 000
Financial Costs	4 000	0	25 000	0
Financial Balance	171 000	153 000	−25 000	1 000
Earnings Before Tax	155 000	138 000	22 000	−60 000
Tax	−4 000	−2 000	12 000	−13 000
Net Income	159 000	141 000	10 000	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	691 000	1 125 000	713 000	544 000
Total Current Assets	355 000	88 000	237 000	353 000
Total Assets	1 046 000	1 213 000	950 000	898 000
Total Retained Equity	206 000	47 000	−93 000	−104 000
Total Equity	957 000	798 000	657 000	647 000
Total Long-Term Debt	62 000	78 000	97 000	140 000
Total Current Debt	27 000	337 000	196 000	111 000
Total Equity and Debt	1 046 000	1 213 000	950 000	898 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	107 000	88 000	155 000	0
Other Income	0	0	0	8 000
Revenue	107 000	88 000	155 000	8 000
Cost of Goods Sold	87 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 000	0	0	11 000
Impairment	0	0	0	0
Expenditure	123 000	103 000	108 000	68 000
Operating Profit	−16 000	−15 000	47 000	−61 000
Financial Income	175 000	153 000	0	1 000
Financial Costs	4 000	0	25 000	0
Financial Balance	171 000	153 000	−25 000	1 000
Dividends	0	0	0	0
Net Income	159 000	141 000	10 000	−47 000

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	15 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 000	0	0	84 000
Total Fiancial Fixed Assets	676 000	1 125 000	713 000	460 000
Total Fixed Assets	691 000	1 125 000	713 000	544 000
Stock	2 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	269 000	58 000	176 000	336 000
Total Current Assets	355 000	88 000	237 000	353 000
Total Assets	1 046 000	1 213 000	950 000	898 000
Total Equity	957 000	798 000	657 000	647 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	62 000	78 000	97 000	140 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	35 000	0
Dividends	0	0	0	0
Other Current Debt	15 000	320 000	107 000	105 000
Total Current Debt	27 000	337 000	196 000	111 000
Total Equity and Debt	1 046 000	1 213 000	950 000	898 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,61 %	17,67 %	1,52 %	−7,26 %
Debt-to-Equity Ratio	0,06	0,1	0,15	0,22
Operating Profit Margin	−14,95 %	−17,05 %	30,32 %	−762,5 %
Current Ratio	13,15	0,26	1,21	3,18
Quick Ratio	14,2	0,26	1,21	3,18
Equity Ratio	0,91	0,66	0,69	0,72
Gross Profit Margin	18,69 %	100 %	100 %	100 %