GLADENGVEIEN 8 UTVIKLING AS

0283 OSLO

Finances

Share Ownership

Return on Equity

104,24 %

Current Ratio

1,15

Debt-to-Equity Ratio

3,88

Key figures (NOK)	2022	2021	2020
Revenue	154 058 000	0	0
Net Income	14 461 000	−11 000	−677 000
Total Assets	190 127 000	66 821 000	55 780 000
Total Equity	13 873 000	−588 000	−577 000

Income (NOK)	2022	2021	2020
Revenue	154 058 000	0	0
Expenditure	136 172 000	11 000	9 000
Operating Profit	17 886 000	−11 000	−9 000
Financial Income	656 000	2 000	0
Financial Costs	2 000	5 000	859 000
Financial Balance	654 000	−3 000	−859 000
Earnings Before Tax	18 540 000	−14 000	−868 000
Tax	4 079 000	−3 000	−191 000
Net Income	14 461 000	−11 000	−677 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	50 000 000	50 194 000	50 191 000
Total Current Assets	140 127 000	16 627 000	5 589 000
Total Assets	190 127 000	66 821 000	55 780 000
Total Retained Equity	13 773 000	−688 000	−677 000
Total Equity	13 873 000	−588 000	−577 000
Total Long-Term Debt	53 885 000	50 000 000	50 000 000
Total Current Debt	122 369 000	17 409 000	6 357 000
Total Equity and Debt	190 127 000	66 821 000	55 780 000

Cash flow (NOK)	2022	2021	2020
Sales Income	154 058 000	0	0
Other Income	0	0	0
Revenue	154 058 000	0	0
Cost of Goods Sold	136 149 000	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	136 172 000	11 000	9 000
Operating Profit	17 886 000	−11 000	−9 000
Financial Income	656 000	2 000	0
Financial Costs	2 000	5 000	859 000
Financial Balance	654 000	−3 000	−859 000
Dividends	0	0	0
Net Income	14 461 000	−11 000	−677 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	194 000	191 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	50 000 000	50 000 000	50 000 000
Total Fixed Assets	50 000 000	50 194 000	50 191 000
Stock	47 897 000	14 530 000	3 376 000
Total Investments	0	0	0
Cash, Bank	74 320 000	2 097 000	2 212 000
Total Current Assets	140 127 000	16 627 000	5 589 000
Total Assets	190 127 000	66 821 000	55 780 000
Total Equity	13 873 000	−588 000	−577 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	53 885 000	50 000 000	50 000 000
Creditors	4 745 000	642 000	1 422 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	117 624 000	16 767 000	4 935 000
Total Current Debt	122 369 000	17 409 000	6 357 000
Total Equity and Debt	190 127 000	66 821 000	55 780 000

Financial indicators	2022	2021	2020
Return on Equity	104,24 %	1,87 %	117,33 %
Debt-to-Equity Ratio	3,88	−85,03	−86,66
Operating Profit Margin	11,61 %	-	-
Current Ratio	1,15	0,96	0,88
Quick Ratio	1,88	5,78	1,87
Equity Ratio	0,07	−0,01	−0,01
Gross Profit Margin	11,62 %	-	-