GLADE HJUL SYKKELVERKSTED DA

3513 HØNEFOSS

Finances

Share Ownership

Return on Equity

11,87 %

Current Ratio

0,01

Debt-to-Equity Ratio

−4,61

Key figures (NOK)	2016	2015	2014	2013
Revenue	479 000	695 000	706 000	832 000
Net Income	−187 000	−122 000	46 000	46 000
Total Assets	6 850 000	7 015 000	7 161 000	7 313 000
Total Equity	−1 575 000	−1 388 000	−1 266 000	−1 064 000

Income (NOK)	2016	2015	2014	2013
Revenue	479 000	695 000	706 000	832 000
Expenditure	333 000	475 000	268 000	369 000
Operating Profit	146 000	220 000	439 000	463 000
Financial Income	0	0	0	0
Financial Costs	333 000	342 000	393 000	417 000
Financial Balance	−333 000	−342 000	−393 000	−417 000
Earnings Before Tax	−187 000	−122 000	46 000	46 000
Tax	0	0	0	0
Net Income	−187 000	−122 000	46 000	46 000

Balance (NOK)	2016	2015	2014	2013
Total Fixed Assets	6 840 000	6 997 000	7 155 000	7 313 000
Total Current Assets	10 000	18 000	6 000	0
Total Assets	6 850 000	7 015 000	7 161 000	7 313 000
Total Retained Equity	−1 605 000	−1 418 000	−1 296 000	−1 094 000
Total Equity	−1 575 000	−1 388 000	−1 266 000	−1 064 000
Total Long-Term Debt	7 263 000	7 335 000	7 573 000	7 815 000
Total Current Debt	1 161 000	1 069 000	854 000	561 000
Total Equity and Debt	6 850 000	7 015 000	7 161 000	7 313 000

Cash flow (NOK)	2016	2015	2014	2013
Sales Income	0	0	0	0
Other Income	479 000	695 000	706 000	832 000
Revenue	479 000	695 000	706 000	832 000
Cost of Goods Sold	0	0	0	0
Salary Costs	28 000	180 000	0	26 000
Depreciation	158 000	158 000	158 000	158 000
Impairment	0	0	0	0
Expenditure	333 000	475 000	268 000	369 000
Operating Profit	146 000	220 000	439 000	463 000
Financial Income	0	0	0	0
Financial Costs	333 000	342 000	393 000	417 000
Financial Balance	−333 000	−342 000	−393 000	−417 000
Dividends	0	0	248 000	129 000
Net Income	−187 000	−122 000	46 000	46 000

Balance details (NOK)	2016	2015	2014	2013
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 840 000	6 997 000	7 155 000	7 313 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 840 000	6 997 000	7 155 000	7 313 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 840 000	6 997 000	7 155 000	7 313 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	12 000	6 000	0
Total Current Assets	10 000	18 000	6 000	0
Total Assets	6 850 000	7 015 000	7 161 000	7 313 000
Total Equity	−1 575 000	−1 388 000	−1 266 000	−1 064 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 263 000	7 335 000	7 573 000	7 815 000
Creditors	0	0	39 000	0
Unpaid Taxes	7 000	9 000	17 000	0
Dividends	0	0	248 000	129 000
Other Current Debt	1 155 000	1 059 000	797 000	561 000
Total Current Debt	1 161 000	1 069 000	854 000	561 000
Total Equity and Debt	6 850 000	7 015 000	7 161 000	7 313 000

Financial indicators	2016	2015	2014	2013
Return on Equity	11,87 %	8,79 %	−3,63 %	−4,32 %
Debt-to-Equity Ratio	−4,61	−5,28	−5,98	−7,34
Operating Profit Margin	30,48 %	31,65 %	62,18 %	55,65 %
Current Ratio	0,01	0,02	0,01	0
Quick Ratio	0,01	0,02	0,01	0
Equity Ratio	−0,23	−0,2	−0,18	−0,15
Gross Profit Margin	100 %	100 %	100 %	100 %