GLOW BY ELENA AS

8006 BODØ

Finances

Share Ownership

Return on Equity

84,88 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 668 000	2 030 000	1 330 000	700 000
Net Income	247 000	−83 000	96 000	1 000
Total Assets	960 000	495 000	417 000	264 000
Total Equity	291 000	44 000	127 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 668 000	2 030 000	1 330 000	700 000
Expenditure	3 319 000	2 103 000	1 195 000	685 000
Operating Profit	349 000	−73 000	135 000	15 000
Financial Income	0	0	0	0
Financial Costs	11 000	11 000	8 000	14 000
Financial Balance	−11 000	−11 000	−8 000	−14 000
Earnings Before Tax	338 000	−83 000	126 000	1 000
Tax	92 000	0	30 000	0
Net Income	247 000	−83 000	96 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	0	0	0
Total Current Assets	932 000	495 000	417 000	264 000
Total Assets	960 000	495 000	417 000	264 000
Total Retained Equity	261 000	14 000	97 000	1 000
Total Equity	291 000	44 000	127 000	31 000
Total Long-Term Debt	52 000	137 000	42 000	75 000
Total Current Debt	617 000	314 000	248 000	158 000
Total Equity and Debt	960 000	495 000	417 000	264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 668 000	2 030 000	1 312 000	675 000
Other Income	0	0	18 000	25 000
Revenue	3 668 000	2 030 000	1 330 000	700 000
Cost of Goods Sold	245 000	206 000	96 000	74 000
Salary Costs	2 302 000	1 316 000	827 000	371 000
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 319 000	2 103 000	1 195 000	685 000
Operating Profit	349 000	−73 000	135 000	15 000
Financial Income	0	0	0	0
Financial Costs	11 000	11 000	8 000	14 000
Financial Balance	−11 000	−11 000	−8 000	−14 000
Dividends	0	0	0	0
Net Income	247 000	−83 000	96 000	1 000

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	28 000	0	0	0
Total Tangible Assets	28 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	0	0	0
Stock	168 000	66 000	86 000	29 000
Total Investments	0	0	0	0
Cash, Bank	690 000	340 000	327 000	178 000
Total Current Assets	932 000	495 000	417 000	264 000
Total Assets	960 000	495 000	417 000	264 000
Total Equity	291 000	44 000	127 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	52 000	137 000	42 000	75 000
Creditors	7 000	8 000	1 000	3 000
Unpaid Taxes	233 000	175 000	114 000	64 000
Dividends	0	0	0	0
Other Current Debt	285 000	131 000	102 000	91 000
Total Current Debt	617 000	314 000	248 000	158 000
Total Equity and Debt	960 000	495 000	417 000	264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,88 %	−188,64 %	75,59 %	3,23 %
Debt-to-Equity Ratio	0,18	3,11	0,33	2,42
Operating Profit Margin	9,51 %	−3,6 %	10,15 %	2,14 %
Current Ratio	1,51	1,58	1,68	1,67
Quick Ratio	2,08	2	2,57	2,05
Equity Ratio	0,3	0,09	0,3	0,12
Gross Profit Margin	93,32 %	89,85 %	92,78 %	89,43 %