GLØTVOLD HANDEL AS

2443 DREVSJØ

Finances

Return on Equity

4,42 %

Current Ratio

1,78

Debt-to-Equity Ratio

1,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 626 000	29 292 000	30 499 000	25 086 000
Net Income	164 000	73 000	848 000	126 000
Total Assets	11 765 000	12 367 000	10 222 000	7 471 000
Total Equity	3 714 000	3 550 000	3 477 000	3 129 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 626 000	29 292 000	30 499 000	25 086 000
Expenditure	7 115 000	7 819 000	8 286 000	6 501 000
Operating Profit	368 000	201 000	1 122 000	214 000
Financial Income	29 000	18 000	12 000	21 000
Financial Costs	180 000	105 000	39 000	66 000
Financial Balance	−151 000	−87 000	−27 000	−45 000
Earnings Before Tax	217 000	114 000	1 095 000	170 000
Tax	53 000	41 000	247 000	43 000
Net Income	164 000	73 000	848 000	126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 528 000	4 937 000	1 590 000	1 347 000
Total Current Assets	7 237 000	7 430 000	8 632 000	6 124 000
Total Assets	11 765 000	12 367 000	10 222 000	7 471 000
Total Retained Equity	3 614 000	3 450 000	3 377 000	3 029 000
Total Equity	3 714 000	3 550 000	3 477 000	3 129 000
Total Long-Term Debt	3 997 000	4 195 000	900 000	1 018 000
Total Current Debt	4 055 000	4 621 000	5 846 000	3 324 000
Total Equity and Debt	11 765 000	12 367 000	10 222 000	7 471 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 207 000	28 834 000	30 240 000	24 684 000
Other Income	419 000	458 000	259 000	403 000
Revenue	26 626 000	29 292 000	30 499 000	25 086 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 838 000	4 106 000	5 142 000	3 646 000
Depreciation	904 000	587 000	388 000	326 000
Impairment	0	0	0	0
Expenditure	7 115 000	7 819 000	8 286 000	6 501 000
Operating Profit	368 000	201 000	1 122 000	214 000
Financial Income	29 000	18 000	12 000	21 000
Financial Costs	180 000	105 000	39 000	66 000
Financial Balance	−151 000	−87 000	−27 000	−45 000
Dividends	164 000	73 000	348 000	0
Net Income	164 000	73 000	848 000	126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	20 000	61 000	30 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	106 000	175 000	289 000	319 000
Fixtures	4 422 000	4 742 000	1 241 000	998 000
Total Tangible Assets	4 528 000	4 917 000	1 530 000	1 317 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 528 000	4 937 000	1 590 000	1 347 000
Stock	3 104 000	2 930 000	3 644 000	2 586 000
Total Investments	0	0	0	0
Cash, Bank	3 067 000	3 308 000	3 598 000	2 303 000
Total Current Assets	7 237 000	7 430 000	8 632 000	6 124 000
Total Assets	11 765 000	12 367 000	10 222 000	7 471 000
Total Equity	3 714 000	3 550 000	3 477 000	3 129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 997 000	4 195 000	900 000	1 018 000
Creditors	1 155 000	1 106 000	2 196 000	1 156 000
Unpaid Taxes	208 000	521 000	187 000	455 000
Dividends	164 000	73 000	348 000	0
Other Current Debt	2 692 000	2 995 000	3 185 000	1 677 000
Total Current Debt	4 055 000	4 621 000	5 846 000	3 324 000
Total Equity and Debt	11 765 000	12 367 000	10 222 000	7 471 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,42 %	2,06 %	24,39 %	4,03 %
Debt-to-Equity Ratio	1,08	1,18	0,26	0,33
Operating Profit Margin	1,38 %	0,69 %	3,68 %	0,85 %
Current Ratio	1,78	1,61	1,48	1,84
Quick Ratio	7,61	4,39	3,92	8,3
Equity Ratio	0,32	0,29	0,34	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %