GLOMMEN SKOG AS

2406 ELVERUM

Finances

Share Ownership

Return on Equity

22,95 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	295 040 000	199 072 000	184 660 000	200 629 000
Net Income	2 763 000	29 000	104 000	83 000
Total Assets	35 130 000	24 453 000	18 918 000	27 163 000
Total Equity	12 037 000	3 647 000	4 469 000	4 543 000

Income (NOK)	2022	2021	2020	2019
Revenue	295 040 000	199 072 000	184 660 000	200 629 000
Expenditure	292 813 000	199 041 000	184 520 000	200 507 000
Operating Profit	2 227 000	32 000	140 000	123 000
Financial Income	1 071 000	15 000	26 000	72 000
Financial Costs	39 000	9 000	33 000	88 000
Financial Balance	1 032 000	6 000	−7 000	−16 000
Earnings Before Tax	3 258 000	38 000	133 000	107 000
Tax	496 000	9 000	30 000	24 000
Net Income	2 763 000	29 000	104 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 000	455 000	235 000	187 000
Total Current Assets	34 957 000	23 998 000	18 684 000	26 976 000
Total Assets	35 130 000	24 453 000	18 918 000	27 163 000
Total Retained Equity	2 037 000	598 000	1 421 000	1 495 000
Total Equity	12 037 000	3 647 000	4 469 000	4 543 000
Total Long-Term Debt	0	0	0	1 035 000
Total Current Debt	23 093 000	20 806 000	14 449 000	21 585 000
Total Equity and Debt	35 130 000	24 453 000	18 918 000	27 163 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	295 040 000	198 572 000	184 285 000	200 629 000
Other Income	0	499 000	375 000	0
Revenue	295 040 000	199 072 000	184 660 000	200 629 000
Cost of Goods Sold	287 082 000	192 214 000	178 194 000	196 216 000
Salary Costs	1 122 000	1 046 000	1 177 000	360 000
Depreciation	9 000	12 000	7 000	5 000
Impairment	0	0	0	0
Expenditure	292 813 000	199 041 000	184 520 000	200 507 000
Operating Profit	2 227 000	32 000	140 000	123 000
Financial Income	1 071 000	15 000	26 000	72 000
Financial Costs	39 000	9 000	33 000	88 000
Financial Balance	1 032 000	6 000	−7 000	−16 000
Dividends	0	0	0	0
Net Income	2 763 000	29 000	104 000	83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	154 000	277 000	45 000	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	28 000	39 000	12 000
Total Tangible Assets	18 000	28 000	39 000	12 000
Total Fiancial Fixed Assets	0	150 000	150 000	150 000
Total Fixed Assets	173 000	455 000	235 000	187 000
Stock	4 172 000	3 024 000	1 195 000	5 122 000
Total Investments	0	0	0	0
Cash, Bank	1 427 000	31 000	67 000	30 000
Total Current Assets	34 957 000	23 998 000	18 684 000	26 976 000
Total Assets	35 130 000	24 453 000	18 918 000	27 163 000
Total Equity	12 037 000	3 647 000	4 469 000	4 543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 035 000
Creditors	16 353 000	17 098 000	9 477 000	15 334 000
Unpaid Taxes	80 000	179 000	45 000	44 000
Dividends	0	0	0	0
Other Current Debt	2 717 000	150 000	1 765 000	6 206 000
Total Current Debt	23 093 000	20 806 000	14 449 000	21 585 000
Total Equity and Debt	35 130 000	24 453 000	18 918 000	27 163 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,95 %	0,8 %	2,33 %	1,83 %
Debt-to-Equity Ratio	0	0	0	0,23
Operating Profit Margin	0,75 %	0,02 %	0,08 %	0,06 %
Current Ratio	1,51	1,15	1,29	1,25
Quick Ratio	1,85	1,35	1,41	1,64
Equity Ratio	0,34	0,15	0,24	0,17
Gross Profit Margin	2,7 %	3,44 %	3,5 %	2,2 %