GLAMS AS

2260 KIRKENÆR

Finances

Return on Equity

136 %

Current Ratio

0,23

Debt-to-Equity Ratio

−11,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 462 000	1 834 000	2 263 000	380 000
Net Income	−238 000	158 000	14 000	−94 000
Total Assets	2 010 000	2 630 000	1 086 000	399 000
Total Equity	−175 000	63 000	−95 000	−109 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 462 000	1 834 000	2 263 000	380 000
Expenditure	1 592 000	1 610 000	2 212 000	434 000
Operating Profit	−129 000	224 000	52 000	−54 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	123 000	57 000	38 000	40 000
Financial Balance	−121 000	−55 000	−37 000	−40 000
Earnings Before Tax	−249 000	169 000	14 000	−94 000
Tax	−11 000	11 000	0	0
Net Income	−238 000	158 000	14 000	−94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 973 000	2 178 000	942 000	367 000
Total Current Assets	37 000	452 000	144 000	32 000
Total Assets	2 010 000	2 630 000	1 086 000	399 000
Total Retained Equity	−205 000	33 000	−125 000	−139 000
Total Equity	−175 000	63 000	−95 000	−109 000
Total Long-Term Debt	2 026 000	2 325 000	952 000	391 000
Total Current Debt	160 000	243 000	229 000	117 000
Total Equity and Debt	2 010 000	2 630 000	1 086 000	399 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 453 000	1 536 000	2 234 000	380 000
Other Income	10 000	299 000	29 000	0
Revenue	1 462 000	1 834 000	2 263 000	380 000
Cost of Goods Sold	671 000	804 000	1 497 000	0
Salary Costs	402 000	296 000	277 000	130 000
Depreciation	206 000	242 000	171 000	114 000
Impairment	0	0	0	0
Expenditure	1 592 000	1 610 000	2 212 000	434 000
Operating Profit	−129 000	224 000	52 000	−54 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	123 000	57 000	38 000	40 000
Financial Balance	−121 000	−55 000	−37 000	−40 000
Dividends	0	0	0	0
Net Income	−238 000	158 000	14 000	−94 000

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	519 000	725 000	862 000	352 000
Total Tangible Assets	519 000	725 000	862 000	352 000
Total Fiancial Fixed Assets	1 454 000	1 454 000	80 000	15 000
Total Fixed Assets	1 973 000	2 178 000	942 000	367 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−97 000	−85 000	15 000	9 000
Total Current Assets	37 000	452 000	144 000	32 000
Total Assets	2 010 000	2 630 000	1 086 000	399 000
Total Equity	−175 000	63 000	−95 000	−109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 026 000	2 325 000	952 000	391 000
Creditors	59 000	44 000	127 000	29 000
Unpaid Taxes	67 000	134 000	10 000	25 000
Dividends	0	0	0	0
Other Current Debt	34 000	64 000	91 000	64 000
Total Current Debt	160 000	243 000	229 000	117 000
Total Equity and Debt	2 010 000	2 630 000	1 086 000	399 000

Financial indicators	2022	2021	2020	2019
Return on Equity	136 %	250,79 %	−14,74 %	86,24 %
Debt-to-Equity Ratio	−11,58	36,9	−10,02	−3,59
Operating Profit Margin	−8,82 %	12,21 %	2,3 %	−14,21 %
Current Ratio	0,23	1,86	0,63	0,27
Quick Ratio	0,23	1,86	0,63	0,27
Equity Ratio	−0,09	0,02	−0,09	−0,27
Gross Profit Margin	54,1 %	56,16 %	33,85 %	100 %