AS GLASS-RØNNING

3120 NØTTERØY

Finances

Share Ownership

Return on Equity

24,74 %

Current Ratio

2,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 362 000	18 631 000	16 063 000	14 246 000
Net Income	964 000	280 000	76 000	185 000
Total Assets	5 747 000	5 921 000	4 774 000	4 623 000
Total Equity	3 896 000	2 961 000	3 204 000	3 152 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 362 000	18 631 000	16 063 000	14 246 000
Expenditure	14 157 000	18 283 000	15 982 000	14 027 000
Operating Profit	1 204 000	348 000	80 000	219 000
Financial Income	37 000	13 000	19 000	26 000
Financial Costs	2 000	0	0	5 000
Financial Balance	35 000	13 000	19 000	21 000
Earnings Before Tax	1 239 000	360 000	99 000	240 000
Tax	276 000	80 000	23 000	55 000
Net Income	964 000	280 000	76 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 136 000	1 086 000	1 115 000	1 231 000
Total Current Assets	4 612 000	4 835 000	3 659 000	3 392 000
Total Assets	5 747 000	5 921 000	4 774 000	4 623 000
Total Retained Equity	3 796 000	2 861 000	3 104 000	3 052 000
Total Equity	3 896 000	2 961 000	3 204 000	3 152 000
Total Long-Term Debt	0	12 000	12 000	14 000
Total Current Debt	1 852 000	2 949 000	1 559 000	1 457 000
Total Equity and Debt	5 747 000	5 921 000	4 774 000	4 623 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 355 000	18 620 000	16 017 000	13 956 000
Other Income	1 007 000	11 000	46 000	290 000
Revenue	15 362 000	18 631 000	16 063 000	14 246 000
Cost of Goods Sold	9 787 000	13 329 000	10 900 000	8 960 000
Salary Costs	2 437 000	3 051 000	3 053 000	2 987 000
Depreciation	51 000	40 000	116 000	234 000
Impairment	0	0	0	0
Expenditure	14 157 000	18 283 000	15 982 000	14 027 000
Operating Profit	1 204 000	348 000	80 000	219 000
Financial Income	37 000	13 000	19 000	26 000
Financial Costs	2 000	0	0	5 000
Financial Balance	35 000	13 000	19 000	21 000
Dividends	0	500 000	0	0
Net Income	964 000	280 000	76 000	185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	11 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	129 000	75 000	115 000	231 000
Total Tangible Assets	129 000	75 000	115 000	231 000
Total Fiancial Fixed Assets	1 000 000	1 000 000	1 000 000	1 000 000
Total Fixed Assets	1 136 000	1 086 000	1 115 000	1 231 000
Stock	120 000	338 000	248 000	256 000
Total Investments	0	0	0	0
Cash, Bank	3 655 000	2 803 000	2 696 000	2 009 000
Total Current Assets	4 612 000	4 835 000	3 659 000	3 392 000
Total Assets	5 747 000	5 921 000	4 774 000	4 623 000
Total Equity	3 896 000	2 961 000	3 204 000	3 152 000
Short-Term Group Debt	37 000	30 000	83 000	51 000
Total Long-Term Debt	0	12 000	12 000	14 000
Creditors	732 000	1 590 000	715 000	713 000
Unpaid Taxes	403 000	262 000	364 000	319 000
Dividends	0	500 000	0	0
Other Current Debt	405 000	482 000	379 000	365 000
Total Current Debt	1 852 000	2 949 000	1 559 000	1 457 000
Total Equity and Debt	5 747 000	5 921 000	4 774 000	4 623 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,74 %	9,46 %	2,37 %	5,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,84 %	1,87 %	0,5 %	1,54 %
Current Ratio	2,49	1,64	2,35	2,33
Quick Ratio	2,66	1,85	2,79	2,82
Equity Ratio	0,68	0,5	0,67	0,68
Gross Profit Margin	36,29 %	28,46 %	32,14 %	37,11 %