GLEX AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

−89,62 %

Current Ratio

2,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 317 000	1 356 000	1 800 000	1 620 000
Net Income	−7 165 000	−1 751 000	51 000	576 000
Total Assets	9 115 000	19 657 000	5 037 000	3 970 000
Total Equity	7 995 000	15 160 000	667 000	616 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 317 000	1 356 000	1 800 000	1 620 000
Expenditure	13 008 000	4 855 000	3 516 000	844 000
Operating Profit	−7 140 000	−1 732 000	289 000	776 000
Financial Income	3 000	0	2 000	1 000
Financial Costs	28 000	178 000	160 000	123 000
Financial Balance	−25 000	−178 000	−158 000	−122 000
Earnings Before Tax	−7 165 000	−1 909 000	131 000	654 000
Tax	0	−158 000	80 000	78 000
Net Income	−7 165 000	−1 751 000	51 000	576 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 065 000	4 155 000	3 951 000	3 727 000
Total Current Assets	3 050 000	15 502 000	1 086 000	243 000
Total Assets	9 115 000	19 657 000	5 037 000	3 970 000
Total Retained Equity	0	0	621 000	571 000
Total Equity	7 995 000	15 160 000	667 000	616 000
Total Long-Term Debt	0	3 450 000	3 441 000	3 201 000
Total Current Debt	1 121 000	1 047 000	929 000	153 000
Total Equity and Debt	9 115 000	19 657 000	5 037 000	3 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 298 000	1 356 000	1 800 000	1 620 000
Other Income	19 000	0	0	0
Revenue	1 317 000	1 356 000	1 800 000	1 620 000
Cost of Goods Sold	0	657 000	1 126 000	5 000
Salary Costs	3 638 000	1 659 000	1 095 000	2 000
Depreciation	1 278 000	1 082 000	943 000	778 000
Impairment	0	0	0	0
Expenditure	13 008 000	4 855 000	3 516 000	844 000
Operating Profit	−7 140 000	−1 732 000	289 000	776 000
Financial Income	3 000	0	2 000	1 000
Financial Costs	28 000	178 000	160 000	123 000
Financial Balance	−25 000	−178 000	−158 000	−122 000
Dividends	0	0	0	0
Net Income	−7 165 000	−1 751 000	51 000	576 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 950 000	4 135 000	3 951 000	3 727 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	115 000	20 000	0	0
Total Tangible Assets	115 000	20 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 065 000	4 155 000	3 951 000	3 727 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 157 000	14 673 000	539 000	243 000
Total Current Assets	3 050 000	15 502 000	1 086 000	243 000
Total Assets	9 115 000	19 657 000	5 037 000	3 970 000
Total Equity	7 995 000	15 160 000	667 000	616 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 450 000	3 441 000	3 201 000
Creditors	377 000	629 000	112 000	89 000
Unpaid Taxes	252 000	217 000	153 000	52 000
Dividends	0	0	0	0
Other Current Debt	491 000	201 000	664 000	11 000
Total Current Debt	1 121 000	1 047 000	929 000	153 000
Total Equity and Debt	9 115 000	19 657 000	5 037 000	3 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−89,62 %	−11,55 %	7,65 %	93,51 %
Debt-to-Equity Ratio	0	0,23	5,16	5,2
Operating Profit Margin	−542,14 %	−127,73 %	16,06 %	47,9 %
Current Ratio	2,72	14,81	1,17	1,59
Quick Ratio	2,72	14,81	1,17	1,59
Equity Ratio	0,88	0,77	0,13	0,16
Gross Profit Margin	100 %	51,55 %	37,44 %	99,69 %