GLASSMESTER REIDAR HESLER AS

1467 STRØMMEN

Finances

Return on Equity

209,7 %

Current Ratio

1,18

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 696 000	15 789 000	14 626 000	14 963 000
Net Income	2 227 000	2 407 000	2 651 000	2 978 000
Total Assets	6 861 000	5 910 000	6 217 000	6 530 000
Total Equity	1 062 000	396 000	940 000	2 440 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 696 000	15 789 000	14 626 000	14 963 000
Expenditure	13 791 000	12 686 000	10 969 000	11 135 000
Operating Profit	2 904 000	3 102 000	3 657 000	3 828 000
Financial Income	2 000	11 000	11 000	14 000
Financial Costs	36 000	15 000	213 000	22 000
Financial Balance	−34 000	−4 000	−202 000	−8 000
Earnings Before Tax	2 871 000	3 099 000	3 456 000	3 820 000
Tax	643 000	692 000	805 000	842 000
Net Income	2 227 000	2 407 000	2 651 000	2 978 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 324 000	747 000	156 000	436 000
Total Current Assets	5 536 000	5 163 000	6 061 000	6 094 000
Total Assets	6 861 000	5 910 000	6 217 000	6 530 000
Total Retained Equity	982 000	296 000	820 000	2 410 000
Total Equity	1 062 000	396 000	940 000	2 440 000
Total Long-Term Debt	1 102 000	526 000	131 000	285 000
Total Current Debt	4 696 000	4 989 000	5 146 000	3 804 000
Total Equity and Debt	6 861 000	5 910 000	6 217 000	6 530 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 326 000	15 789 000	14 575 000	14 963 000
Other Income	370 000	0	51 000	0
Revenue	16 696 000	15 789 000	14 626 000	14 963 000
Cost of Goods Sold	5 682 000	5 313 000	4 376 000	4 528 000
Salary Costs	4 832 000	4 728 000	4 200 000	4 325 000
Depreciation	217 000	110 000	88 000	125 000
Impairment	0	0	0	0
Expenditure	13 791 000	12 686 000	10 969 000	11 135 000
Operating Profit	2 904 000	3 102 000	3 657 000	3 828 000
Financial Income	2 000	11 000	11 000	14 000
Financial Costs	36 000	15 000	213 000	22 000
Financial Balance	−34 000	−4 000	−202 000	−8 000
Dividends	1 000 000	2 400 000	2 651 000	1 500 000
Net Income	2 227 000	2 407 000	2 651 000	2 978 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	24 000	70 000	70 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 214 000	723 000	86 000	174 000
Total Tangible Assets	1 214 000	723 000	86 000	174 000
Total Fiancial Fixed Assets	110 000	0	0	192 000
Total Fixed Assets	1 324 000	747 000	156 000	436 000
Stock	613 000	562 000	383 000	500 000
Total Investments	0	0	0	0
Cash, Bank	2 984 000	2 705 000	3 621 000	4 553 000
Total Current Assets	5 536 000	5 163 000	6 061 000	6 094 000
Total Assets	6 861 000	5 910 000	6 217 000	6 530 000
Total Equity	1 062 000	396 000	940 000	2 440 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 102 000	526 000	131 000	285 000
Creditors	711 000	831 000	449 000	416 000
Unpaid Taxes	959 000	666 000	846 000	610 000
Dividends	1 000 000	2 400 000	2 651 000	1 500 000
Other Current Debt	1 486 000	447 000	395 000	435 000
Total Current Debt	4 696 000	4 989 000	5 146 000	3 804 000
Total Equity and Debt	6 861 000	5 910 000	6 217 000	6 530 000

Financial indicators	2022	2021	2020	2019
Return on Equity	209,7 %	607,83 %	282,02 %	122,05 %
Debt-to-Equity Ratio	1,04	1,33	0,14	0,12
Operating Profit Margin	17,39 %	19,65 %	25 %	25,58 %
Current Ratio	1,18	1,03	1,18	1,6
Quick Ratio	1,36	1,17	1,27	1,84
Equity Ratio	0,15	0,07	0,15	0,37
Gross Profit Margin	65,97 %	66,35 %	70,08 %	69,74 %