GLIMMERVEIEN 16 AS

1086 OSLO

Finances

Share Ownership

Return on Equity

37,64 %

Current Ratio

2,11

Debt-to-Equity Ratio

12,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 987 000	1 942 000	1 888 000	1 860 000
Net Income	597 000	874 000	382 000	427 000
Total Assets	23 218 000	23 888 000	23 975 000	24 256 000
Total Equity	1 586 000	1 590 000	1 581 000	1 550 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 987 000	1 942 000	1 888 000	1 860 000
Expenditure	642 000	454 000	1 011 000	738 000
Operating Profit	1 345 000	1 488 000	878 000	1 122 000
Financial Income	259 000	229 000	244 000	233 000
Financial Costs	838 000	599 000	641 000	789 000
Financial Balance	−579 000	−370 000	−397 000	−556 000
Earnings Before Tax	767 000	1 118 000	481 000	566 000
Tax	170 000	244 000	99 000	139 000
Net Income	597 000	874 000	382 000	427 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 893 000	21 410 000	20 776 000	20 002 000
Total Current Assets	2 325 000	2 478 000	3 199 000	4 254 000
Total Assets	23 218 000	23 888 000	23 975 000	24 256 000
Total Retained Equity	1 372 000	1 376 000	1 367 000	1 337 000
Total Equity	1 586 000	1 590 000	1 581 000	1 550 000
Total Long-Term Debt	20 529 000	21 026 000	21 783 000	21 783 000
Total Current Debt	1 103 000	1 273 000	611 000	922 000
Total Equity and Debt	23 218 000	23 888 000	23 975 000	24 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 987 000	1 942 000	1 888 000	1 860 000
Revenue	1 987 000	1 942 000	1 888 000	1 860 000
Cost of Goods Sold	0	0	0	0
Salary Costs	157 000	37 000	129 000	121 000
Depreciation	4 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	642 000	454 000	1 011 000	738 000
Operating Profit	1 345 000	1 488 000	878 000	1 122 000
Financial Income	259 000	229 000	244 000	233 000
Financial Costs	838 000	599 000	641 000	789 000
Financial Balance	−579 000	−370 000	−397 000	−556 000
Dividends	0	0	0	0
Net Income	597 000	874 000	382 000	427 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 182 000	16 182 000	16 182 000	16 182 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	8 000	12 000	16 000
Total Tangible Assets	16 186 000	16 190 000	16 194 000	16 198 000
Total Fiancial Fixed Assets	4 707 000	5 220 000	4 581 000	3 804 000
Total Fixed Assets	20 893 000	21 410 000	20 776 000	20 002 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 230 000	2 409 000	3 085 000	4 205 000
Total Current Assets	2 325 000	2 478 000	3 199 000	4 254 000
Total Assets	23 218 000	23 888 000	23 975 000	24 256 000
Total Equity	1 586 000	1 590 000	1 581 000	1 550 000
Short-Term Group Debt	771 000	1 109 000	450 000	630 000
Total Long-Term Debt	20 529 000	21 026 000	21 783 000	21 783 000
Creditors	15 000	9 000	10 000	56 000
Unpaid Taxes	4 000	3 000	8 000	7 000
Dividends	0	0	0	0
Other Current Debt	313 000	153 000	143 000	229 000
Total Current Debt	1 103 000	1 273 000	611 000	922 000
Total Equity and Debt	23 218 000	23 888 000	23 975 000	24 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,64 %	54,97 %	24,16 %	27,55 %
Debt-to-Equity Ratio	12,94	13,22	13,78	14,05
Operating Profit Margin	67,69 %	76,62 %	46,5 %	60,32 %
Current Ratio	2,11	1,95	5,24	4,61
Quick Ratio	2,11	1,95	5,24	4,61
Equity Ratio	0,07	0,07	0,07	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %