GLIMMERVEIEN 44 AS

1444 DRØBAK

Finances

Share Ownership

Return on Equity

24 %

Current Ratio

2,4

Debt-to-Equity Ratio

9,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	313 000	316 000	267 000	253 000
Net Income	102 000	150 000	81 000	62 000
Total Assets	4 713 000	4 698 000	4 616 000	4 496 000
Total Equity	425 000	323 000	173 000	92 000

Income (NOK)	2022	2021	2020	2019
Revenue	313 000	316 000	267 000	253 000
Expenditure	72 000	42 000	72 000	95 000
Operating Profit	241 000	274 000	195 000	158 000
Financial Income	0	0	0	0
Financial Costs	110 000	82 000	91 000	78 000
Financial Balance	−110 000	−82 000	−91 000	−78 000
Earnings Before Tax	131 000	193 000	104 000	80 000
Tax	29 000	42 000	23 000	18 000
Net Income	102 000	150 000	81 000	62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 430 000	4 409 000	4 409 000	4 409 000
Total Current Assets	283 000	290 000	207 000	87 000
Total Assets	4 713 000	4 698 000	4 616 000	4 496 000
Total Retained Equity	395 000	293 000	143 000	62 000
Total Equity	425 000	323 000	173 000	92 000
Total Long-Term Debt	4 170 000	4 252 000	4 341 000	4 383 000
Total Current Debt	118 000	123 000	102 000	21 000
Total Equity and Debt	4 713 000	4 698 000	4 616 000	4 496 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	3 000
Other Income	313 000	316 000	267 000	250 000
Revenue	313 000	316 000	267 000	253 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	2 000	0
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	72 000	42 000	72 000	95 000
Operating Profit	241 000	274 000	195 000	158 000
Financial Income	0	0	0	0
Financial Costs	110 000	82 000	91 000	78 000
Financial Balance	−110 000	−82 000	−91 000	−78 000
Dividends	0	0	0	0
Net Income	102 000	150 000	81 000	62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 409 000	4 409 000	4 409 000	4 409 000
Machinery and Plant Facilities	22 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 430 000	4 409 000	4 409 000	4 409 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 430 000	4 409 000	4 409 000	4 409 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	252 000	251 000	175 000	59 000
Total Current Assets	283 000	290 000	207 000	87 000
Total Assets	4 713 000	4 698 000	4 616 000	4 496 000
Total Equity	425 000	323 000	173 000	92 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 170 000	4 252 000	4 341 000	4 383 000
Creditors	0	0	4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	89 000	81 000	75 000	3 000
Total Current Debt	118 000	123 000	102 000	21 000
Total Equity and Debt	4 713 000	4 698 000	4 616 000	4 496 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24 %	46,44 %	46,82 %	67,39 %
Debt-to-Equity Ratio	9,81	13,16	25,09	47,64
Operating Profit Margin	77 %	86,71 %	73,03 %	62,45 %
Current Ratio	2,4	2,36	2,03	4,14
Quick Ratio	2,4	2,36	2,03	4,14
Equity Ratio	0,09	0,07	0,04	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %