GLEDE NORWAY AS

7034 TRONDHEIM

Finances

Return on Equity

15 520,69 %

Current Ratio

5,02

Debt-to-Equity Ratio

−51,72

Key figures (NOK)	2022	2021	2020
Revenue	1 083 000	2 408 000	673 000
Net Income	−4 501 000	−1 920 000	−213 000
Total Assets	1 829 000	4 884 000	366 000
Total Equity	−29 000	4 496 000	−188 000

Income (NOK)	2022	2021	2020
Revenue	1 083 000	2 408 000	673 000
Expenditure	5 596 000	4 336 000	887 000
Operating Profit	−4 514 000	−1 927 000	−213 000
Financial Income	15 000	7 000	0
Financial Costs	1 000	0	0
Financial Balance	14 000	7 000	0
Earnings Before Tax	−4 501 000	−1 920 000	−213 000
Tax	0	0	0
Net Income	−4 501 000	−1 920 000	−213 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	36 000	63 000	27 000
Total Current Assets	1 792 000	4 821 000	339 000
Total Assets	1 829 000	4 884 000	366 000
Total Retained Equity	−6 633 000	−2 133 000	−213 000
Total Equity	−29 000	4 496 000	−188 000
Total Long-Term Debt	1 500 000	0	300 000
Total Current Debt	357 000	389 000	254 000
Total Equity and Debt	1 829 000	4 884 000	366 000

Cash flow (NOK)	2022	2021	2020
Sales Income	697 000	1 063 000	43 000
Other Income	386 000	1 346 000	630 000
Revenue	1 083 000	2 408 000	673 000
Cost of Goods Sold	1 582 000	1 393 000	44 000
Salary Costs	3 106 000	2 360 000	430 000
Depreciation	27 000	17 000	2 000
Impairment	0	0	0
Expenditure	5 596 000	4 336 000	887 000
Operating Profit	−4 514 000	−1 927 000	−213 000
Financial Income	15 000	7 000	0
Financial Costs	1 000	0	0
Financial Balance	14 000	7 000	0
Dividends	0	0	0
Net Income	−4 501 000	−1 920 000	−213 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	36 000	63 000	27 000
Total Tangible Assets	36 000	63 000	27 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	36 000	63 000	27 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	714 000	4 122 000	338 000
Total Current Assets	1 792 000	4 821 000	339 000
Total Assets	1 829 000	4 884 000	366 000
Total Equity	−29 000	4 496 000	−188 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 500 000	0	300 000
Creditors	0	125 000	114 000
Unpaid Taxes	167 000	186 000	77 000
Dividends	0	0	0
Other Current Debt	191 000	78 000	63 000
Total Current Debt	357 000	389 000	254 000
Total Equity and Debt	1 829 000	4 884 000	366 000

Financial indicators	2022	2021	2020
Return on Equity	15 520,69 %	−42,7 %	113,3 %
Debt-to-Equity Ratio	−51,72	0	−1,6
Operating Profit Margin	−416,81 %	−80,02 %	−31,65 %
Current Ratio	5,02	12,39	1,33
Quick Ratio	5,02	12,39	1,33
Equity Ratio	−0,02	0,92	−0,51
Gross Profit Margin	−46,08 %	42,15 %	93,46 %