STIFTELSEN GLASSVÆRKGÅRDEN

3256 LARVIK

Finances

Share Ownership

Return on Equity

9,63 %

Current Ratio

5,47

Debt-to-Equity Ratio

1,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 531 000	3 483 000	3 375 000	3 327 000
Net Income	1 014 000	1 437 000	1 229 000	740 000
Total Assets	25 025 000	24 522 000	23 744 000	23 077 000
Total Equity	10 527 000	9 512 000	8 076 000	6 847 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 531 000	3 483 000	3 375 000	3 327 000
Expenditure	2 025 000	1 530 000	1 633 000	2 051 000
Operating Profit	1 335 000	1 794 000	1 592 000	1 130 000
Financial Income	30 000	11 000	20 000	8 000
Financial Costs	351 000	368 000	384 000	397 000
Financial Balance	−321 000	−357 000	−364 000	−389 000
Earnings Before Tax	−2 346 000	−1 882 000	−1 996 000	−2 440 000
Tax	0	0	0	0
Net Income	1 014 000	1 437 000	1 229 000	740 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 562 000	20 562 000	20 562 000	20 562 000
Total Current Assets	8 777 000	7 841 000	6 280 000	4 913 000
Total Assets	25 025 000	24 522 000	23 744 000	23 077 000
Total Retained Equity	10 327 000	9 312 000	7 876 000	6 647 000
Total Equity	10 527 000	9 512 000	8 076 000	6 847 000
Total Long-Term Debt	12 894 000	13 563 000	14 214 000	14 850 000
Total Current Debt	1 604 000	1 447 000	1 454 000	1 380 000
Total Equity and Debt	25 025 000	24 522 000	23 744 000	23 077 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	5 000	0	0
Other Income	0	0	0	0
Revenue	3 531 000	3 483 000	3 375 000	3 327 000
Cost of Goods Sold	0	0	0	0
Salary Costs	27 000	23 000	22 000	18 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 025 000	1 530 000	1 633 000	2 051 000
Operating Profit	1 335 000	1 794 000	1 592 000	1 130 000
Financial Income	30 000	11 000	20 000	8 000
Financial Costs	351 000	368 000	384 000	397 000
Financial Balance	−321 000	−357 000	−364 000	−389 000
Dividends	0	0	0	0
Net Income	1 014 000	1 437 000	1 229 000	740 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 562 000	20 562 000	20 562 000	20 562 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 562 000	20 562 000	20 562 000	20 562 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 562 000	20 562 000	20 562 000	20 562 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 742 000	7 813 000	6 249 000	4 875 000
Total Current Assets	8 777 000	7 841 000	6 280 000	4 913 000
Total Assets	25 025 000	24 522 000	23 744 000	23 077 000
Total Equity	10 527 000	9 512 000	8 076 000	6 847 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 894 000	13 563 000	14 214 000	14 850 000
Creditors	359 000	269 000	214 000	141 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 237 000	1 171 000	1 229 000	1 231 000
Total Current Debt	1 604 000	1 447 000	1 454 000	1 380 000
Total Equity and Debt	25 025 000	24 522 000	23 744 000	23 077 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,63 %	15,11 %	15,22 %	10,81 %
Debt-to-Equity Ratio	1,22	1,43	1,76	2,17
Operating Profit Margin	37,81 %	51,51 %	47,17 %	33,96 %
Current Ratio	5,47	5,42	4,32	3,56
Quick Ratio	5,47	5,42	4,32	3,56
Equity Ratio	0,42	0,39	0,34	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %