GLASMAGASINET AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

−2,88 %

Current Ratio

2,53

Debt-to-Equity Ratio

2,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 661 000	3 004 000	3 191 000	2 899 000
Net Income	−33 000	−63 000	348 000	−67 000
Total Assets	4 598 000	4 766 000	5 026 000	4 680 000
Total Equity	1 145 000	1 178 000	1 241 000	893 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 661 000	3 004 000	3 191 000	2 899 000
Expenditure	2 575 000	2 985 000	2 631 000	2 855 000
Operating Profit	87 000	19 000	560 000	45 000
Financial Income	0	0	0	0
Financial Costs	129 000	100 000	114 000	130 000
Financial Balance	−129 000	−100 000	−114 000	−130 000
Earnings Before Tax	−42 000	−81 000	446 000	−85 000
Tax	−9 000	−18 000	98 000	−19 000
Net Income	−33 000	−63 000	348 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 125 000	3 214 000	3 282 000	3 367 000
Total Current Assets	1 474 000	1 552 000	1 744 000	1 313 000
Total Assets	4 598 000	4 766 000	5 026 000	4 680 000
Total Retained Equity	1 045 000	1 078 000	1 141 000	793 000
Total Equity	1 145 000	1 178 000	1 241 000	893 000
Total Long-Term Debt	2 870 000	3 055 000	3 246 000	3 271 000
Total Current Debt	583 000	534 000	539 000	516 000
Total Equity and Debt	4 598 000	4 766 000	5 026 000	4 680 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 661 000	3 004 000	3 191 000	2 899 000
Other Income	0	0	0	0
Revenue	2 661 000	3 004 000	3 191 000	2 899 000
Cost of Goods Sold	1 352 000	1 516 000	1 581 000	1 518 000
Salary Costs	898 000	1 140 000	752 000	1 021 000
Depreciation	90 000	90 000	85 000	87 000
Impairment	0	0	0	0
Expenditure	2 575 000	2 985 000	2 631 000	2 855 000
Operating Profit	87 000	19 000	560 000	45 000
Financial Income	0	0	0	0
Financial Costs	129 000	100 000	114 000	130 000
Financial Balance	−129 000	−100 000	−114 000	−130 000
Dividends	0	0	0	0
Net Income	−33 000	−63 000	348 000	−67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 103 000	3 186 000	3 269 000	3 352 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	28 000	13 000	15 000
Total Tangible Assets	3 125 000	3 214 000	3 282 000	3 367 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 125 000	3 214 000	3 282 000	3 367 000
Stock	1 123 000	954 000	830 000	850 000
Total Investments	0	0	0	0
Cash, Bank	339 000	592 000	901 000	460 000
Total Current Assets	1 474 000	1 552 000	1 744 000	1 313 000
Total Assets	4 598 000	4 766 000	5 026 000	4 680 000
Total Equity	1 145 000	1 178 000	1 241 000	893 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 870 000	3 055 000	3 246 000	3 271 000
Creditors	170 000	97 000	100 000	92 000
Unpaid Taxes	195 000	259 000	302 000	253 000
Dividends	0	0	0	0
Other Current Debt	218 000	178 000	137 000	170 000
Total Current Debt	583 000	534 000	539 000	516 000
Total Equity and Debt	4 598 000	4 766 000	5 026 000	4 680 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,88 %	−5,35 %	28,04 %	−7,5 %
Debt-to-Equity Ratio	2,51	2,59	2,62	3,66
Operating Profit Margin	3,27 %	0,63 %	17,55 %	1,55 %
Current Ratio	2,53	2,91	3,24	2,54
Quick Ratio	−2,73	−3,7	−5,99	−3,93
Equity Ratio	0,25	0,25	0,25	0,19
Gross Profit Margin	49,19 %	49,53 %	50,45 %	47,64 %