GLENNA HØYFJELLSSENTER AS

2890 ETNEDAL

Finances

Share Ownership

Return on Equity

23,51 %

Current Ratio

42,2

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 880 000	183 000	899 000	102 000
Net Income	1 082 000	−185 000	381 000	−265 000
Total Assets	5 571 000	5 027 000	5 295 000	4 956 000
Total Equity	4 603 000	3 522 000	3 707 000	3 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 880 000	183 000	899 000	102 000
Expenditure	447 000	357 000	335 000	353 000
Operating Profit	1 434 000	−173 000	565 000	−251 000
Financial Income	0	0	0	0
Financial Costs	47 000	64 000	73 000	85 000
Financial Balance	−47 000	−64 000	−73 000	−85 000
Earnings Before Tax	1 387 000	−238 000	492 000	−336 000
Tax	305 000	−52 000	111 000	−71 000
Net Income	1 082 000	−185 000	381 000	−265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	200 000	200 000	204 000
Total Current Assets	5 571 000	4 827 000	5 095 000	4 752 000
Total Assets	5 571 000	5 027 000	5 295 000	4 956 000
Total Retained Equity	4 503 000	3 422 000	3 607 000	3 226 000
Total Equity	4 603 000	3 522 000	3 707 000	3 326 000
Total Long-Term Debt	835 000	1 354 000	1 468 000	1 413 000
Total Current Debt	132 000	152 000	120 000	217 000
Total Equity and Debt	5 571 000	5 027 000	5 295 000	4 956 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 000	183 000	790 000	0
Other Income	1 800 000	0	109 000	102 000
Revenue	1 880 000	183 000	899 000	102 000
Cost of Goods Sold	0	0	56 000	0
Salary Costs	107 000	0	8 000	8 000
Depreciation	0	0	4 000	6 000
Impairment	0	0	0	0
Expenditure	447 000	357 000	335 000	353 000
Operating Profit	1 434 000	−173 000	565 000	−251 000
Financial Income	0	0	0	0
Financial Costs	47 000	64 000	73 000	85 000
Financial Balance	−47 000	−64 000	−73 000	−85 000
Dividends	0	0	0	0
Net Income	1 082 000	−185 000	381 000	−265 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	200 000	200 000	204 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	200 000	200 000	204 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	200 000	200 000	204 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	872 000	34 000	405 000	65 000
Total Current Assets	5 571 000	4 827 000	5 095 000	4 752 000
Total Assets	5 571 000	5 027 000	5 295 000	4 956 000
Total Equity	4 603 000	3 522 000	3 707 000	3 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	835 000	1 354 000	1 468 000	1 413 000
Creditors	78 000	30 000	11 000	32 000
Unpaid Taxes	6 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	32 000	122 000	109 000	184 000
Total Current Debt	132 000	152 000	120 000	217 000
Total Equity and Debt	5 571 000	5 027 000	5 295 000	4 956 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,51 %	−5,25 %	10,28 %	−7,97 %
Debt-to-Equity Ratio	0,18	0,38	0,4	0,42
Operating Profit Margin	76,28 %	−94,54 %	62,85 %	−246,08 %
Current Ratio	42,2	31,76	42,46	21,9
Quick Ratio	42,2	31,76	42,46	21,9
Equity Ratio	0,83	0,7	0,7	0,67
Gross Profit Margin	100 %	100 %	93,77 %	100 %