GLENNE II BORETTSLAG

1776 HALDEN

Finances

Share Ownership

Return on Equity

8,12 %

Current Ratio

86,36

Debt-to-Equity Ratio

1,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 769 000	3 770 000	3 763 000	3 668 000
Net Income	864 000	1 413 000	1 580 000	772 000
Total Assets	30 436 000	30 709 000	30 398 000	30 085 000
Total Equity	10 636 000	9 771 000	8 359 000	6 779 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 769 000	3 770 000	3 763 000	3 668 000
Expenditure	2 269 000	1 672 000	1 493 000	2 161 000
Operating Profit	1 335 000	1 968 000	2 228 000	1 507 000
Financial Income	28 000	13 000	17 000	28 000
Financial Costs	499 000	569 000	664 000	763 000
Financial Balance	−471 000	−556 000	−647 000	−735 000
Earnings Before Tax	1 029 000	1 543 000	1 623 000	772 000
Tax	0	0	0	0
Net Income	864 000	1 413 000	1 580 000	772 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 536 000	28 583 000	28 408 000	28 435 000
Total Current Assets	1 900 000	2 126 000	1 990 000	1 650 000
Total Assets	30 436 000	30 709 000	30 398 000	30 085 000
Total Retained Equity	10 631 000	9 766 000	8 354 000	6 774 000
Total Equity	10 636 000	9 771 000	8 359 000	6 779 000
Total Long-Term Debt	19 778 000	20 873 000	22 025 000	23 148 000
Total Current Debt	22 000	65 000	15 000	158 000
Total Equity and Debt	30 436 000	30 709 000	30 398 000	30 085 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 769 000	3 770 000	3 763 000	3 668 000
Revenue	3 769 000	3 770 000	3 763 000	3 668 000
Cost of Goods Sold	0	0	0	0
Salary Costs	121 000	90 000	90 000	90 000
Depreciation	48 000	32 000	27 000	27 000
Impairment	0	0	0	0
Expenditure	2 269 000	1 672 000	1 493 000	2 161 000
Operating Profit	1 335 000	1 968 000	2 228 000	1 507 000
Financial Income	28 000	13 000	17 000	28 000
Financial Costs	499 000	569 000	664 000	763 000
Financial Balance	−471 000	−556 000	−647 000	−735 000
Dividends	0	0	0	0
Net Income	864 000	1 413 000	1 580 000	772 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 271 000	28 473 000	28 271 000	28 271 000
Machinery and Plant Facilities	265 000	110 000	137 000	164 000
Fixtures	0	0	0	0
Total Tangible Assets	28 536 000	28 583 000	28 408 000	28 435 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 536 000	28 583 000	28 408 000	28 435 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	664 000	1 948 000	1 961 000	1 501 000
Total Current Assets	1 900 000	2 126 000	1 990 000	1 650 000
Total Assets	30 436 000	30 709 000	30 398 000	30 085 000
Total Equity	10 636 000	9 771 000	8 359 000	6 779 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 778 000	20 873 000	22 025 000	23 148 000
Creditors	22 000	52 000	14 000	158 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	12 000	1 000	0
Total Current Debt	22 000	65 000	15 000	158 000
Total Equity and Debt	30 436 000	30 709 000	30 398 000	30 085 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,12 %	14,46 %	18,9 %	11,39 %
Debt-to-Equity Ratio	1,86	2,14	2,63	3,41
Operating Profit Margin	35,42 %	52,2 %	59,21 %	41,09 %
Current Ratio	86,36	32,71	132,67	10,44
Quick Ratio	86,36	32,71	132,67	10,44
Equity Ratio	0,35	0,32	0,27	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %