FLESLAND GLASSVERK AS

5174 MATHOPEN

Finances

Return on Equity

80,76 %

Current Ratio

5,64

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	230 000	20 000	34 000	50 000
Net Income	98 537 000	2 999 000	2 532 000	205 000
Total Assets	137 448 000	58 631 000	57 674 000	55 695 000
Total Equity	122 006 000	47 469 000	48 471 000	47 139 000

Income (NOK)	2022	2021	2020	2019
Revenue	230 000	20 000	34 000	50 000
Expenditure	1 463 000	1 634 000	1 191 000	1 006 000
Operating Profit	−1 233 000	−1 614 000	−1 156 000	−956 000
Financial Income	100 320 000	4 394 000	3 937 000	1 235 000
Financial Costs	681 000	91 000	148 000	157 000
Financial Balance	99 639 000	4 303 000	3 789 000	1 078 000
Earnings Before Tax	98 406 000	2 690 000	2 633 000	121 000
Tax	−130 000	−309 000	101 000	−84 000
Net Income	98 537 000	2 999 000	2 532 000	205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	119 776 000	55 494 000	51 442 000	49 196 000
Total Current Assets	17 671 000	3 137 000	6 232 000	6 499 000
Total Assets	137 448 000	58 631 000	57 674 000	55 695 000
Total Retained Equity	96 205 000	21 669 000	22 670 000	21 338 000
Total Equity	122 006 000	47 469 000	48 471 000	47 139 000
Total Long-Term Debt	12 306 000	6 974 000	7 581 000	8 406 000
Total Current Debt	3 135 000	4 188 000	1 622 000	150 000
Total Equity and Debt	137 448 000	58 631 000	57 674 000	55 695 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	230 000	20 000	34 000	50 000
Revenue	230 000	20 000	34 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	791 000	786 000	758 000	694 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 463 000	1 634 000	1 191 000	1 006 000
Operating Profit	−1 233 000	−1 614 000	−1 156 000	−956 000
Financial Income	100 320 000	4 394 000	3 937 000	1 235 000
Financial Costs	681 000	91 000	148 000	157 000
Financial Balance	99 639 000	4 303 000	3 789 000	1 078 000
Dividends	24 000 000	4 000 000	1 200 000	0
Net Income	98 537 000	2 999 000	2 532 000	205 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	11 487 000	9 178 000	6 151 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	389 000	0	0
Total Tangible Assets	0	11 876 000	9 178 000	6 151 000
Total Fiancial Fixed Assets	119 776 000	43 618 000	42 263 000	43 045 000
Total Fixed Assets	119 776 000	55 494 000	51 442 000	49 196 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 671 000	3 109 000	6 232 000	6 485 000
Total Current Assets	17 671 000	3 137 000	6 232 000	6 499 000
Total Assets	137 448 000	58 631 000	57 674 000	55 695 000
Total Equity	122 006 000	47 469 000	48 471 000	47 139 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 306 000	6 974 000	7 581 000	8 406 000
Creditors	3 000	84 000	327 000	76 000
Unpaid Taxes	49 000	49 000	47 000	42 000
Dividends	24 000 000	4 000 000	1 200 000	0
Other Current Debt	83 000	55 000	48 000	33 000
Total Current Debt	3 135 000	4 188 000	1 622 000	150 000
Total Equity and Debt	137 448 000	58 631 000	57 674 000	55 695 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,76 %	6,32 %	5,22 %	0,43 %
Debt-to-Equity Ratio	0,1	0,15	0,16	0,18
Operating Profit Margin	−536,09 %	−8 070 %	−3 400 %	−1 912 %
Current Ratio	5,64	0,75	3,84	43,33
Quick Ratio	5,64	0,75	3,84	43,33
Equity Ratio	0,89	0,81	0,84	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %