GLASSMESTER KAARE NILSEN AS

5184 OLSVIK

Finances

Share Ownership

Return on Equity

49,1 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 936 000	12 468 000	10 782 000	14 905 000
Net Income	1 010 000	638 000	219 000	1 081 000
Total Assets	6 135 000	4 717 000	4 355 000	4 972 000
Total Equity	2 057 000	2 347 000	2 269 000	2 051 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 936 000	12 468 000	10 782 000	14 905 000
Expenditure	12 599 000	11 696 000	10 467 000	13 472 000
Operating Profit	1 337 000	773 000	314 000	1 433 000
Financial Income	5 000	9 000	7 000	2 000
Financial Costs	29 000	18 000	19 000	−18 000
Financial Balance	−24 000	−9 000	−12 000	20 000
Earnings Before Tax	1 312 000	764 000	302 000	1 453 000
Tax	303 000	126 000	83 000	372 000
Net Income	1 010 000	638 000	219 000	1 081 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	984 000	1 173 000	444 000	402 000
Total Current Assets	5 151 000	3 544 000	3 911 000	4 570 000
Total Assets	6 135 000	4 717 000	4 355 000	4 972 000
Total Retained Equity	1 957 000	2 247 000	2 169 000	1 951 000
Total Equity	2 057 000	2 347 000	2 269 000	2 051 000
Total Long-Term Debt	496 000	631 000	105 000	0
Total Current Debt	3 582 000	1 738 000	1 981 000	2 922 000
Total Equity and Debt	6 135 000	4 717 000	4 355 000	4 972 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 902 000	12 468 000	10 782 000	14 905 000
Other Income	34 000	0	0	0
Revenue	13 936 000	12 468 000	10 782 000	14 905 000
Cost of Goods Sold	6 065 000	5 185 000	4 343 000	7 158 000
Salary Costs	4 210 000	4 560 000	4 244 000	4 337 000
Depreciation	161 000	182 000	158 000	136 000
Impairment	0	0	0	0
Expenditure	12 599 000	11 696 000	10 467 000	13 472 000
Operating Profit	1 337 000	773 000	314 000	1 433 000
Financial Income	5 000	9 000	7 000	2 000
Financial Costs	29 000	18 000	19 000	−18 000
Financial Balance	−24 000	−9 000	−12 000	20 000
Dividends	1 000 000	40 000	0	1 000 000
Net Income	1 010 000	638 000	219 000	1 081 000

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	984 000	1 173 000	444 000	402 000
Total Tangible Assets	984 000	1 173 000	444 000	402 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	984 000	1 173 000	444 000	402 000
Stock	231 000	149 000	299 000	148 000
Total Investments	0	0	0	0
Cash, Bank	2 739 000	2 169 000	1 998 000	3 254 000
Total Current Assets	5 151 000	3 544 000	3 911 000	4 570 000
Total Assets	6 135 000	4 717 000	4 355 000	4 972 000
Total Equity	2 057 000	2 347 000	2 269 000	2 051 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	496 000	631 000	105 000	0
Creditors	921 000	303 000	398 000	328 000
Unpaid Taxes	816 000	709 000	656 000	358 000
Dividends	1 000 000	40 000	0	1 000 000
Other Current Debt	1 541 000	603 000	845 000	1 863 000
Total Current Debt	3 582 000	1 738 000	1 981 000	2 922 000
Total Equity and Debt	6 135 000	4 717 000	4 355 000	4 972 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,1 %	27,18 %	9,65 %	52,71 %
Debt-to-Equity Ratio	0,24	0,27	0,05	0
Operating Profit Margin	9,59 %	6,2 %	2,91 %	9,61 %
Current Ratio	1,44	2,04	1,97	1,56
Quick Ratio	1,54	2,23	2,33	1,65
Equity Ratio	0,34	0,5	0,52	0,41
Gross Profit Margin	56,48 %	58,41 %	59,72 %	51,98 %