GLASSMAKEREN AS

7068 TRONDHEIM

Finances

Return on Equity

28,75 %

Current Ratio

2,59

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 214 000	6 303 000	5 823 000	6 878 000
Net Income	596 000	230 000	−179 000	205 000
Total Assets	3 194 000	2 677 000	2 245 000	3 152 000
Total Equity	2 073 000	1 562 000	1 432 000	2 011 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 214 000	6 303 000	5 823 000	6 878 000
Expenditure	5 452 000	6 025 000	6 068 000	6 615 000
Operating Profit	762 000	278 000	−244 000	263 000
Financial Income	4 000	2 000	3 000	7 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	4 000	1 000	2 000	6 000
Earnings Before Tax	766 000	280 000	−242 000	268 000
Tax	169 000	50 000	−63 000	64 000
Net Income	596 000	230 000	−179 000	205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	356 000	395 000	436 000	477 000
Total Current Assets	2 838 000	2 282 000	1 809 000	2 674 000
Total Assets	3 194 000	2 677 000	2 245 000	3 152 000
Total Retained Equity	2 022 000	1 511 000	1 381 000	1 936 000
Total Equity	2 073 000	1 562 000	1 432 000	2 011 000
Total Long-Term Debt	26 000	19 000	0	0
Total Current Debt	1 095 000	1 097 000	813 000	1 140 000
Total Equity and Debt	3 194 000	2 677 000	2 245 000	3 152 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 214 000	6 069 000	5 823 000	6 874 000
Other Income	0	234 000	0	4 000
Revenue	6 214 000	6 303 000	5 823 000	6 878 000
Cost of Goods Sold	1 528 000	1 919 000	1 847 000	1 790 000
Salary Costs	2 961 000	3 074 000	3 272 000	3 874 000
Depreciation	40 000	41 000	41 000	86 000
Impairment	0	0	0	0
Expenditure	5 452 000	6 025 000	6 068 000	6 615 000
Operating Profit	762 000	278 000	−244 000	263 000
Financial Income	4 000	2 000	3 000	7 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	4 000	1 000	2 000	6 000
Dividends	35 000	0	0	0
Net Income	596 000	230 000	−179 000	205 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	206 000	206 000	224 000	233 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	147 000	187 000	209 000	241 000
Total Tangible Assets	353 000	393 000	434 000	475 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	356 000	395 000	436 000	477 000
Stock	175 000	152 000	166 000	393 000
Total Investments	0	0	0	0
Cash, Bank	1 977 000	1 063 000	703 000	1 621 000
Total Current Assets	2 838 000	2 282 000	1 809 000	2 674 000
Total Assets	3 194 000	2 677 000	2 245 000	3 152 000
Total Equity	2 073 000	1 562 000	1 432 000	2 011 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 000	19 000	0	0
Creditors	216 000	167 000	120 000	218 000
Unpaid Taxes	342 000	549 000	330 000	407 000
Dividends	35 000	0	0	0
Other Current Debt	340 000	349 000	364 000	452 000
Total Current Debt	1 095 000	1 097 000	813 000	1 140 000
Total Equity and Debt	3 194 000	2 677 000	2 245 000	3 152 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,75 %	14,72 %	−12,5 %	10,19 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	12,26 %	4,41 %	−4,19 %	3,82 %
Current Ratio	2,59	2,08	2,23	2,35
Quick Ratio	3,08	2,41	2,8	3,58
Equity Ratio	0,65	0,58	0,64	0,64
Gross Profit Margin	75,41 %	69,55 %	68,28 %	73,97 %