OSLO GLOW AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

−550 %

Current Ratio

1,86

Debt-to-Equity Ratio

166,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 390 000	1 437 000	1 269 000	150 000
Net Income	−44 000	−122 000	−78 000	4 000
Total Assets	1 620 000	1 791 000	1 969 000	51 000
Total Equity	8 000	52 000	107 000	34 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 390 000	1 437 000	1 269 000	150 000
Expenditure	1 360 000	1 500 000	1 314 000	144 000
Operating Profit	30 000	−63 000	−45 000	5 000
Financial Income	0	0	0	0
Financial Costs	66 000	53 000	33 000	0
Financial Balance	−66 000	−53 000	−33 000	0
Earnings Before Tax	−36 000	−117 000	−78 000	5 000
Tax	8 000	5 000	0	1 000
Net Income	−44 000	−122 000	−78 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 099 000	1 354 000	1 609 000	0
Total Current Assets	521 000	438 000	361 000	51 000
Total Assets	1 620 000	1 791 000	1 969 000	51 000
Total Retained Equity	−239 000	−196 000	−74 000	4 000
Total Equity	8 000	52 000	107 000	34 000
Total Long-Term Debt	1 331 000	1 442 000	1 543 000	0
Total Current Debt	280 000	298 000	320 000	17 000
Total Equity and Debt	1 620 000	1 791 000	1 969 000	51 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	3 000
Other Income	1 390 000	1 437 000	1 269 000	147 000
Revenue	1 390 000	1 437 000	1 269 000	150 000
Cost of Goods Sold	167 000	176 000	112 000	6 000
Salary Costs	640 000	748 000	650 000	54 000
Depreciation	255 000	255 000	191 000	0
Impairment	0	0	0	0
Expenditure	1 360 000	1 500 000	1 314 000	144 000
Operating Profit	30 000	−63 000	−45 000	5 000
Financial Income	0	0	0	0
Financial Costs	66 000	53 000	33 000	0
Financial Balance	−66 000	−53 000	−33 000	0
Dividends	0	0	0	0
Net Income	−44 000	−122 000	−78 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	360 000	520 000	680 000	0
Total Intangible Assets	360 000	520 000	680 000	0
Real Eastate	604 000	639 000	674 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	135 000	195 000	255 000	0
Total Tangible Assets	739 000	834 000	929 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 099 000	1 354 000	1 609 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	285 000	169 000	149 000	41 000
Total Current Assets	521 000	438 000	361 000	51 000
Total Assets	1 620 000	1 791 000	1 969 000	51 000
Total Equity	8 000	52 000	107 000	34 000
Short-Term Group Debt	136 000	0	0	0
Total Long-Term Debt	1 331 000	1 442 000	1 543 000	0
Creditors	37 000	20 000	17 000	1 000
Unpaid Taxes	30 000	47 000	86 000	9 000
Dividends	0	0	0	0
Other Current Debt	64 000	231 000	217 000	6 000
Total Current Debt	280 000	298 000	320 000	17 000
Total Equity and Debt	1 620 000	1 791 000	1 969 000	51 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−550 %	−234,62 %	−72,9 %	11,76 %
Debt-to-Equity Ratio	166,38	27,73	14,42	0
Operating Profit Margin	2,16 %	−4,38 %	−3,55 %	3,33 %
Current Ratio	1,86	1,47	1,13	3
Quick Ratio	1,86	1,47	1,13	3
Equity Ratio	0	0,03	0,05	0,67
Gross Profit Margin	87,99 %	87,75 %	91,17 %	96 %