GLOMMEN BUNKERSERVICE AS

1654 SELLEBAKK

Finances

Share Ownership

Return on Equity

25,79 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 388 000	35 938 000	31 235 000	36 362 000
Net Income	919 000	394 000	540 000	250 000
Total Assets	8 532 000	7 981 000	5 952 000	5 924 000
Total Equity	3 563 000	3 044 000	3 051 000	2 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 388 000	35 938 000	31 235 000	36 362 000
Expenditure	50 207 000	35 427 000	30 535 000	36 032 000
Operating Profit	1 181 000	510 000	699 000	330 000
Financial Income	4 000	4 000	4 000	4 000
Financial Costs	7 000	9 000	11 000	14 000
Financial Balance	−3 000	−5 000	−7 000	−10 000
Earnings Before Tax	1 178 000	505 000	692 000	320 000
Tax	259 000	111 000	152 000	70 000
Net Income	919 000	394 000	540 000	250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	926 000	885 000	1 235 000	732 000
Total Current Assets	7 606 000	7 096 000	4 717 000	5 191 000
Total Assets	8 532 000	7 981 000	5 952 000	5 924 000
Total Retained Equity	3 463 000	2 944 000	2 951 000	2 411 000
Total Equity	3 563 000	3 044 000	3 051 000	2 511 000
Total Long-Term Debt	196 000	147 000	254 000	321 000
Total Current Debt	4 773 000	4 790 000	2 647 000	3 092 000
Total Equity and Debt	8 532 000	7 981 000	5 952 000	5 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 388 000	35 928 000	31 234 000	36 334 000
Other Income	0	10 000	0	28 000
Revenue	51 388 000	35 938 000	31 235 000	36 362 000
Cost of Goods Sold	47 249 000	33 015 000	28 169 000	33 802 000
Salary Costs	1 144 000	1 107 000	1 033 000	1 069 000
Depreciation	339 000	349 000	274 000	247 000
Impairment	0	0	0	0
Expenditure	50 207 000	35 427 000	30 535 000	36 032 000
Operating Profit	1 181 000	510 000	699 000	330 000
Financial Income	4 000	4 000	4 000	4 000
Financial Costs	7 000	9 000	11 000	14 000
Financial Balance	−3 000	−5 000	−7 000	−10 000
Dividends	400 000	400 000	0	0
Net Income	919 000	394 000	540 000	250 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	926 000	885 000	1 235 000	732 000
Total Tangible Assets	926 000	885 000	1 235 000	732 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	926 000	885 000	1 235 000	732 000
Stock	1 734 000	2 321 000	1 514 000	1 079 000
Total Investments	0	0	0	0
Cash, Bank	1 898 000	1 114 000	1 291 000	1 727 000
Total Current Assets	7 606 000	7 096 000	4 717 000	5 191 000
Total Assets	8 532 000	7 981 000	5 952 000	5 924 000
Total Equity	3 563 000	3 044 000	3 051 000	2 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	196 000	147 000	254 000	321 000
Creditors	3 666 000	4 020 000	2 192 000	2 756 000
Unpaid Taxes	167 000	91 000	77 000	159 000
Dividends	400 000	400 000	0	0
Other Current Debt	671 000	543 000	240 000	98 000
Total Current Debt	4 773 000	4 790 000	2 647 000	3 092 000
Total Equity and Debt	8 532 000	7 981 000	5 952 000	5 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,79 %	12,94 %	17,7 %	9,96 %
Debt-to-Equity Ratio	0,06	0,05	0,08	0,13
Operating Profit Margin	2,3 %	1,42 %	2,24 %	0,91 %
Current Ratio	1,59	1,48	1,78	1,68
Quick Ratio	2,5	2,87	4,16	2,58
Equity Ratio	0,42	0,38	0,51	0,42
Gross Profit Margin	8,05 %	8,13 %	9,82 %	7,04 %