GLW AS

7715 STEINKJER

Finances

Share Ownership

Return on Equity

63,09 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 760 000	1 063 000	334 000	119 000
Net Income	417 000	157 000	62 000	−5 000
Total Assets	1 278 000	524 000	285 000	142 000
Total Equity	661 000	244 000	86 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 760 000	1 063 000	334 000	119 000
Expenditure	1 218 000	860 000	258 000	121 000
Operating Profit	542 000	202 000	75 000	−3 000
Financial Income	1 000	0	0	0
Financial Costs	8 000	0	0	0
Financial Balance	−7 000	0	0	0
Earnings Before Tax	535 000	202 000	75 000	−3 000
Tax	118 000	44 000	13 000	3 000
Net Income	417 000	157 000	62 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 278 000	524 000	285 000	142 000
Total Assets	1 278 000	524 000	285 000	142 000
Total Retained Equity	621 000	204 000	46 000	−15 000
Total Equity	661 000	244 000	86 000	25 000
Total Long-Term Debt	0	55 000	0	0
Total Current Debt	617 000	225 000	199 000	117 000
Total Equity and Debt	1 278 000	524 000	285 000	142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 760 000	1 063 000	334 000	119 000
Other Income	0	0	0	0
Revenue	1 760 000	1 063 000	334 000	119 000
Cost of Goods Sold	1 006 000	714 000	183 000	45 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 218 000	860 000	258 000	121 000
Operating Profit	542 000	202 000	75 000	−3 000
Financial Income	1 000	0	0	0
Financial Costs	8 000	0	0	0
Financial Balance	−7 000	0	0	0
Dividends	0	0	0	0
Net Income	417 000	157 000	62 000	−5 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	886 000	469 000	202 000	119 000
Total Investments	0	0	0	0
Cash, Bank	317 000	45 000	77 000	23 000
Total Current Assets	1 278 000	524 000	285 000	142 000
Total Assets	1 278 000	524 000	285 000	142 000
Total Equity	661 000	244 000	86 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	55 000	0	0
Creditors	154 000	18 000	37 000	11 000
Unpaid Taxes	7 000	22 000	0	−1 000
Dividends	0	0	0	0
Other Current Debt	339 000	141 000	149 000	107 000
Total Current Debt	617 000	225 000	199 000	117 000
Total Equity and Debt	1 278 000	524 000	285 000	142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,09 %	64,34 %	72,09 %	−20 %
Debt-to-Equity Ratio	0	0,23	0	0
Operating Profit Margin	30,8 %	19 %	22,46 %	−2,52 %
Current Ratio	2,07	2,33	1,43	1,21
Quick Ratio	−4,75	−2,15	−95	−71
Equity Ratio	0,52	0,47	0,3	0,18
Gross Profit Margin	42,84 %	32,83 %	45,21 %	62,18 %