GLASTAD HOLDING AS

4550 FARSUND

Finances

Return on Equity

7,26 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 269 344 000	1 155 099 000	604 997 000	497 775 000
Net Income	164 951 000	170 325 000	−177 946 000	276 375 000
Total Assets	4 856 558 000	4 388 974 000	4 586 936 000	4 132 223 000
Total Equity	2 271 814 000	2 303 817 000	2 079 322 000	2 258 351 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 269 344 000	1 155 099 000	604 997 000	497 775 000
Expenditure	1 277 620 000	1 119 858 000	581 105 000	514 836 000
Operating Profit	−8 276 000	35 241 000	23 892 000	−17 061 000
Financial Income	261 746 000	216 842 000	27 425 000	363 297 000
Financial Costs	72 514 000	56 972 000	217 519 000	68 516 000
Financial Balance	189 232 000	159 870 000	−190 094 000	294 781 000
Earnings Before Tax	180 956 000	195 111 000	−166 202 000	277 720 000
Tax	16 004 000	24 786 000	11 744 000	1 345 000
Net Income	164 951 000	170 325 000	−177 946 000	276 375 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 747 827 000	3 240 255 000	3 187 206 000	2 596 794 000
Total Current Assets	1 108 730 000	1 148 719 000	1 399 730 000	1 535 429 000
Total Assets	4 856 558 000	4 388 974 000	4 586 936 000	4 132 223 000
Total Retained Equity	2 106 442 000	1 959 892 000	1 735 397 000	1 912 755 000
Total Equity	2 271 814 000	2 303 817 000	2 079 322 000	2 258 351 000
Total Long-Term Debt	1 930 278 000	1 545 024 000	1 769 177 000	1 350 615 000
Total Current Debt	654 466 000	540 133 000	738 437 000	523 257 000
Total Equity and Debt	4 856 558 000	4 388 974 000	4 586 936 000	4 132 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 248 883 000	1 145 828 000	599 163 000	469 288 000
Other Income	20 461 000	9 271 000	5 834 000	28 487 000
Revenue	1 269 344 000	1 155 099 000	604 997 000	497 775 000
Cost of Goods Sold	450 564 000	502 039 000	167 456 000	118 832 000
Salary Costs	383 763 000	302 863 000	206 305 000	203 725 000
Depreciation	119 615 000	84 358 000	68 853 000	59 712 000
Impairment	17 821 000	25 000 000	0	0
Expenditure	1 277 620 000	1 119 858 000	581 105 000	514 836 000
Operating Profit	−8 276 000	35 241 000	23 892 000	−17 061 000
Financial Income	261 746 000	216 842 000	27 425 000	363 297 000
Financial Costs	72 514 000	56 972 000	217 519 000	68 516 000
Financial Balance	189 232 000	159 870 000	−190 094 000	294 781 000
Dividends	2 400 000	0	0	0
Net Income	164 951 000	170 325 000	−177 946 000	276 375 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	80 856 000	88 947 000	71 176 000	38 819 000
Total Intangible Assets	85 304 000	92 871 000	74 036 000	43 021 000
Real Eastate	3 020 635 000	2 575 501 000	2 667 618 000	2 063 178 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	203 684 000	158 512 000	135 950 000	111 468 000
Total Tangible Assets	3 224 319 000	2 734 013 000	2 803 568 000	2 174 646 000
Total Fiancial Fixed Assets	438 204 000	413 371 000	309 602 000	379 127 000
Total Fixed Assets	3 747 827 000	3 240 255 000	3 187 206 000	2 596 794 000
Stock	162 982 000	232 100 000	61 706 000	43 033 000
Total Investments	118 615 000	43 443 000	991 187 000	1 248 874 000
Cash, Bank	525 716 000	569 939 000	166 766 000	108 889 000
Total Current Assets	1 108 730 000	1 148 719 000	1 399 730 000	1 535 429 000
Total Assets	4 856 558 000	4 388 974 000	4 586 936 000	4 132 223 000
Total Equity	2 271 814 000	2 303 817 000	2 079 322 000	2 258 351 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 930 278 000	1 545 024 000	1 769 177 000	1 350 615 000
Creditors	167 112 000	206 251 000	110 470 000	83 437 000
Unpaid Taxes	55 444 000	56 343 000	35 112 000	28 638 000
Dividends	2 400 000	0	0	0
Other Current Debt	327 045 000	150 107 000	191 055 000	105 054 000
Total Current Debt	654 466 000	540 133 000	738 437 000	523 257 000
Total Equity and Debt	4 856 558 000	4 388 974 000	4 586 936 000	4 132 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,26 %	7,39 %	−8,56 %	12,24 %
Debt-to-Equity Ratio	0,85	0,67	0,85	0,6
Operating Profit Margin	−0,65 %	3,05 %	3,95 %	−3,43 %
Current Ratio	1,69	2,13	1,9	2,93
Quick Ratio	2,26	3,73	2,07	3,2
Equity Ratio	0,47	0,52	0,45	0,55
Gross Profit Margin	64,5 %	56,54 %	72,32 %	76,13 %