GLENN SYVERTSEN AS

2750 GRAN

Finances

Share Ownership

Return on Equity

43,33 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 886 000	36 373 000	26 970 000	15 141 000
Net Income	4 126 000	3 188 000	3 143 000	1 236 000
Total Assets	19 987 000	20 644 000	12 813 000	6 788 000
Total Equity	9 522 000	8 396 000	5 209 000	2 066 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 886 000	36 373 000	26 970 000	15 141 000
Expenditure	44 507 000	32 148 000	22 887 000	13 524 000
Operating Profit	5 379 000	4 225 000	4 083 000	1 618 000
Financial Income	5 000	1 000	1 000	1 000
Financial Costs	94 000	139 000	54 000	33 000
Financial Balance	−89 000	−138 000	−53 000	−32 000
Earnings Before Tax	5 289 000	4 087 000	4 029 000	1 586 000
Tax	1 164 000	899 000	886 000	350 000
Net Income	4 126 000	3 188 000	3 143 000	1 236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 180 000	1 762 000	2 488 000	1 594 000
Total Current Assets	16 806 000	18 882 000	10 325 000	5 194 000
Total Assets	19 987 000	20 644 000	12 813 000	6 788 000
Total Retained Equity	9 492 000	8 366 000	5 179 000	2 036 000
Total Equity	9 522 000	8 396 000	5 209 000	2 066 000
Total Long-Term Debt	280 000	4 084 000	845 000	753 000
Total Current Debt	10 185 000	8 164 000	6 760 000	3 970 000
Total Equity and Debt	19 987 000	20 644 000	12 813 000	6 788 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 886 000	36 106 000	26 946 000	15 141 000
Other Income	0	267 000	25 000	0
Revenue	49 886 000	36 373 000	26 970 000	15 141 000
Cost of Goods Sold	21 909 000	13 323 000	8 275 000	3 703 000
Salary Costs	11 916 000	8 911 000	7 532 000	4 619 000
Depreciation	423 000	273 000	275 000	148 000
Impairment	0	0	0	0
Expenditure	44 507 000	32 148 000	22 887 000	13 524 000
Operating Profit	5 379 000	4 225 000	4 083 000	1 618 000
Financial Income	5 000	1 000	1 000	1 000
Financial Costs	94 000	139 000	54 000	33 000
Financial Balance	−89 000	−138 000	−53 000	−32 000
Dividends	3 000 000	0	0	700 000
Net Income	4 126 000	3 188 000	3 143 000	1 236 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	463 000	0
Machinery and Plant Facilities	3 035 000	706 000	770 000	713 000
Fixtures	58 000	1 056 000	1 255 000	881 000
Total Tangible Assets	3 093 000	1 762 000	2 488 000	1 594 000
Total Fiancial Fixed Assets	87 000	0	0	0
Total Fixed Assets	3 180 000	1 762 000	2 488 000	1 594 000
Stock	190 000	4 860 000	0	0
Total Investments	0	0	0	0
Cash, Bank	4 057 000	1 612 000	4 567 000	1 171 000
Total Current Assets	16 806 000	18 882 000	10 325 000	5 194 000
Total Assets	19 987 000	20 644 000	12 813 000	6 788 000
Total Equity	9 522 000	8 396 000	5 209 000	2 066 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	280 000	4 084 000	845 000	753 000
Creditors	2 221 000	3 979 000	2 638 000	1 500 000
Unpaid Taxes	1 590 000	2 082 000	2 284 000	900 000
Dividends	3 000 000	0	0	700 000
Other Current Debt	2 251 000	1 258 000	884 000	567 000
Total Current Debt	10 185 000	8 164 000	6 760 000	3 970 000
Total Equity and Debt	19 987 000	20 644 000	12 813 000	6 788 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,33 %	37,97 %	60,34 %	59,83 %
Debt-to-Equity Ratio	0,03	0,49	0,16	0,36
Operating Profit Margin	10,78 %	11,62 %	15,14 %	10,69 %
Current Ratio	1,65	2,31	1,53	1,31
Quick Ratio	1,68	5,71	1,53	1,31
Equity Ratio	0,48	0,41	0,41	0,3
Gross Profit Margin	56,08 %	63,37 %	69,32 %	75,54 %