GLACE HOLDCO AS

0160 OSLO

Finances

Return on Equity

−13,08 %

Current Ratio

0,57

Debt-to-Equity Ratio

2,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 771 738 000	3 377 384 000	3 489 548 000	3 097 644 000
Net Income	−75 847 000	−325 476 000	−106 544 000	9 529 000
Total Assets	5 545 347 000	5 421 146 000	5 347 585 000	5 344 258 000
Total Equity	579 875 000	645 823 000	983 981 000	1 070 434 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 771 738 000	3 377 384 000	3 489 548 000	3 097 644 000
Expenditure	1 775 428 000	3 463 573 000	3 350 439 000	2 871 797 000
Operating Profit	214 925 000	−86 189 000	139 109 000	225 847 000
Financial Income	23 437 000	69 188 000	96 543 000	119 105 000
Financial Costs	286 669 000	291 644 000	320 589 000	281 219 000
Financial Balance	−263 232 000	−222 456 000	−224 046 000	−162 114 000
Earnings Before Tax	−48 307 000	−308 645 000	−84 937 000	63 733 000
Tax	27 540 000	16 831 000	21 607 000	54 204 000
Net Income	−75 847 000	−325 476 000	−106 544 000	9 529 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 659 307 000	3 811 687 000	3 629 178 000	3 711 817 000
Total Current Assets	1 886 040 000	1 609 459 000	1 718 407 000	1 632 441 000
Total Assets	5 545 347 000	5 421 146 000	5 347 585 000	5 344 258 000
Total Retained Equity	−599 319 000	−524 400 000	−251 328 000	−130 903 000
Total Equity	579 875 000	645 823 000	983 981 000	1 070 434 000
Total Long-Term Debt	1 661 553 000	3 946 538 000	3 669 068 000	3 492 124 000
Total Current Debt	3 303 920 000	828 785 000	694 536 000	781 700 000
Total Equity and Debt	5 545 348 000	5 421 146 000	5 347 585 000	5 344 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 703 593 000	3 333 553 000	3 435 506 000	3 005 333 000
Other Income	68 145 000	43 831 000	54 042 000	92 311 000
Revenue	3 771 738 000	3 377 384 000	3 489 548 000	3 097 644 000
Cost of Goods Sold	0	1 643 215 000	1 673 305 000	1 427 347 000
Salary Costs	1 193 874 000	1 226 860 000	1 124 175 000	930 208 000
Depreciation	257 514 000	249 158 000	234 189 000	181 783 000
Impairment	9 274 000	6 412 000	7 996 000	0
Expenditure	1 775 428 000	3 463 573 000	3 350 439 000	2 871 797 000
Operating Profit	214 925 000	−86 189 000	139 109 000	225 847 000
Financial Income	23 437 000	69 188 000	96 543 000	119 105 000
Financial Costs	286 669 000	291 644 000	320 589 000	281 219 000
Financial Balance	−263 232 000	−222 456 000	−224 046 000	−162 114 000
Dividends	0	0	0	0
Net Income	−75 847 000	−325 476 000	−106 544 000	9 529 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 846 922 000	1 840 265 000	1 700 737 000	1 700 266 000
Total Intangible Assets	3 111 209 000	3 188 970 000	3 027 227 000	3 081 243 000
Real Eastate	205 971 000	219 101 000	231 569 000	256 294 000
Machinery and Plant Facilities	76 960 000	85 790 000	89 595 000	118 607 000
Fixtures	246 555 000	284 791 000	265 315 000	249 579 000
Total Tangible Assets	529 486 000	589 682 000	586 479 000	624 480 000
Total Fiancial Fixed Assets	18 612 000	33 035 000	15 472 000	6 094 000
Total Fixed Assets	3 659 307 000	3 811 687 000	3 629 178 000	3 711 817 000
Stock	820 202 000	663 217 000	611 045 000	587 244 000
Total Investments	0	0	0	0
Cash, Bank	350 980 000	402 887 000	588 148 000	405 922 000
Total Current Assets	1 886 040 000	1 609 459 000	1 718 407 000	1 632 441 000
Total Assets	5 545 347 000	5 421 146 000	5 347 585 000	5 344 258 000
Total Equity	579 875 000	645 823 000	983 981 000	1 070 434 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 661 553 000	3 946 538 000	3 669 068 000	3 492 124 000
Creditors	373 338 000	306 917 000	264 719 000	284 656 000
Unpaid Taxes	0	108 840 000	116 469 000	93 494 000
Dividends	0	0	0	0
Other Current Debt	2 903 800 000	403 079 000	298 242 000	389 773 000
Total Current Debt	3 303 920 000	828 785 000	694 536 000	781 700 000
Total Equity and Debt	5 545 348 000	5 421 146 000	5 347 585 000	5 344 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,08 %	−50,4 %	−10,83 %	0,89 %
Debt-to-Equity Ratio	2,87	6,11	3,73	3,26
Operating Profit Margin	5,7 %	−2,55 %	3,99 %	7,29 %
Current Ratio	0,57	1,94	2,47	2,09
Quick Ratio	0,76	9,72	20,58	8,39
Equity Ratio	0,1	0,12	0,18	0,2
Gross Profit Margin	100 %	51,35 %	52,05 %	53,92 %