GLENGSHØLEN BORETTSLAG

1725 SARPSBORG

Finances

Share Ownership

Return on Equity

−18,04 %

Current Ratio

8,75

Debt-to-Equity Ratio

30,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 463 000	5 273 000	5 434 000	5 235 000
Net Income	−219 000	−2 599 000	3 018 000	594 000
Total Assets	39 000 000	39 990 000	35 127 000	33 124 000
Total Equity	1 214 000	1 433 000	4 032 000	1 013 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 463 000	5 273 000	5 434 000	5 235 000
Expenditure	5 074 000	7 517 000	2 037 000	4 185 000
Operating Profit	390 000	−2 244 000	3 397 000	1 050 000
Financial Income	25 000	7 000	5 000	24 000
Financial Costs	635 000	363 000	385 000	481 000
Financial Balance	−610 000	−356 000	−380 000	−457 000
Earnings Before Tax	391 000	−2 243 000	3 398 000	1 051 000
Tax	0	0	0	0
Net Income	−219 000	−2 599 000	3 018 000	594 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 722 000	34 732 000	31 079 000	31 079 000
Total Current Assets	4 278 000	5 258 000	4 048 000	2 045 000
Total Assets	39 000 000	39 990 000	35 127 000	33 124 000
Total Retained Equity	1 205 000	1 424 000	4 023 000	1 005 000
Total Equity	1 214 000	1 433 000	4 032 000	1 013 000
Total Long-Term Debt	37 297 000	38 145 000	30 915 000	31 971 000
Total Current Debt	489 000	412 000	180 000	140 000
Total Equity and Debt	39 000 000	39 990 000	35 127 000	33 124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 463 000	5 273 000	5 434 000	5 235 000
Revenue	5 463 000	5 273 000	5 434 000	5 235 000
Cost of Goods Sold	0	0	0	0
Salary Costs	514 000	487 000	464 000	537 000
Depreciation	11 000	9 000	0	0
Impairment	0	0	0	0
Expenditure	5 074 000	7 517 000	2 037 000	4 185 000
Operating Profit	390 000	−2 244 000	3 397 000	1 050 000
Financial Income	25 000	7 000	5 000	24 000
Financial Costs	635 000	363 000	385 000	481 000
Financial Balance	−610 000	−356 000	−380 000	−457 000
Dividends	0	0	0	0
Net Income	−219 000	−2 599 000	3 018 000	594 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	34 688 000	34 688 000	31 079 000	31 079 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	44 000	0	0
Total Tangible Assets	34 722 000	34 732 000	31 079 000	31 079 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 722 000	34 732 000	31 079 000	31 079 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 702 000	4 721 000	3 396 000	1 504 000
Total Current Assets	4 278 000	5 258 000	4 048 000	2 045 000
Total Assets	39 000 000	39 990 000	35 127 000	33 124 000
Total Equity	1 214 000	1 433 000	4 032 000	1 013 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	37 297 000	38 145 000	30 915 000	31 971 000
Creditors	430 000	358 000	108 000	18 000
Unpaid Taxes	30 000	28 000	23 000	22 000
Dividends	0	0	0	0
Other Current Debt	29 000	26 000	49 000	100 000
Total Current Debt	489 000	412 000	180 000	140 000
Total Equity and Debt	39 000 000	39 990 000	35 127 000	33 124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,04 %	−181,37 %	74,85 %	58,64 %
Debt-to-Equity Ratio	30,72	26,62	7,67	31,56
Operating Profit Margin	7,14 %	−42,56 %	62,51 %	20,06 %
Current Ratio	8,75	12,76	22,49	14,61
Quick Ratio	8,75	12,76	22,49	14,61
Equity Ratio	0,03	0,04	0,11	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %