GLENDEGÅRDEN AS

1940 BJØRKELANGEN

Finances

Return on Equity

12,19 %

Current Ratio

60,42

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	502 000	1 214 000	936 000	1 345 000
Net Income	573 000	626 000	296 000	481 000
Total Assets	5 560 000	5 209 000	4 874 000	4 883 000
Total Equity	4 699 000	4 126 000	3 662 000	3 366 000

Income (NOK)	2022	2021	2020	2019
Revenue	502 000	1 214 000	936 000	1 345 000
Expenditure	554 000	600 000	567 000	1 237 000
Operating Profit	122 000	487 000	370 000	107 000
Financial Income	499 000	459 000	485 000	674 000
Financial Costs	16 000	214 000	520 000	297 000
Financial Balance	483 000	245 000	−35 000	377 000
Earnings Before Tax	605 000	732 000	335 000	485 000
Tax	32 000	106 000	39 000	4 000
Net Income	573 000	626 000	296 000	481 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 211 000	1 211 000	1 211 000	1 211 000
Total Current Assets	4 350 000	3 999 000	3 664 000	3 672 000
Total Assets	5 560 000	5 209 000	4 874 000	4 883 000
Total Retained Equity	4 569 000	3 996 000	3 532 000	3 236 000
Total Equity	4 699 000	4 126 000	3 662 000	3 366 000
Total Long-Term Debt	789 000	830 000	897 000	1 068 000
Total Current Debt	72 000	254 000	315 000	448 000
Total Equity and Debt	5 560 000	5 209 000	4 874 000	4 883 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	369 000	1 195 000	925 000	1 273 000
Other Income	132 000	18 000	11 000	72 000
Revenue	502 000	1 214 000	936 000	1 345 000
Cost of Goods Sold	209 000	159 000	0	0
Salary Costs	144 000	300 000	409 000	1 013 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	554 000	600 000	567 000	1 237 000
Operating Profit	122 000	487 000	370 000	107 000
Financial Income	499 000	459 000	485 000	674 000
Financial Costs	16 000	214 000	520 000	297 000
Financial Balance	483 000	245 000	−35 000	377 000
Dividends	0	0	0	0
Net Income	573 000	626 000	296 000	481 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 201 000	1 201 000	1 201 000	1 201 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 201 000	1 201 000	1 201 000	1 201 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	1 211 000	1 211 000	1 211 000	1 211 000
Stock	251 000	77 000	203 000	186 000
Total Investments	2 572 000	2 642 000	2 566 000	2 765 000
Cash, Bank	590 000	484 000	575 000	399 000
Total Current Assets	4 350 000	3 999 000	3 664 000	3 672 000
Total Assets	5 560 000	5 209 000	4 874 000	4 883 000
Total Equity	4 699 000	4 126 000	3 662 000	3 366 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	789 000	830 000	897 000	1 068 000
Creditors	18 000	5 000	1 000	2 000
Unpaid Taxes	13 000	116 000	236 000	351 000
Dividends	0	0	0	0
Other Current Debt	10 000	27 000	39 000	91 000
Total Current Debt	72 000	254 000	315 000	448 000
Total Equity and Debt	5 560 000	5 209 000	4 874 000	4 883 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,19 %	15,17 %	8,08 %	14,29 %
Debt-to-Equity Ratio	0,17	0,2	0,24	0,32
Operating Profit Margin	24,3 %	40,12 %	39,53 %	7,96 %
Current Ratio	60,42	15,74	11,63	8,2
Quick Ratio	−24,3	22,59	32,71	14,02
Equity Ratio	0,85	0,79	0,75	0,69
Gross Profit Margin	58,37 %	86,9 %	100 %	100 %