GLITREVANNVERKET IKS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

0,47 %

Current Ratio

1,09

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 282 000	65 964 000	61 535 000	58 707 000
Net Income	654 000	3 426 000	2 064 000	2 621 000
Total Assets	325 947 000	316 784 000	299 280 000	280 011 000
Total Equity	139 106 000	138 452 000	135 026 000	132 962 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 282 000	65 964 000	61 535 000	58 707 000
Expenditure	67 628 000	61 109 000	56 519 000	51 602 000
Operating Profit	2 679 000	4 847 000	5 016 000	7 106 000
Financial Income	0	0	4 000	5 000
Financial Costs	3 615 000	1 347 000	1 845 000	2 330 000
Financial Balance	−3 615 000	−1 347 000	−1 841 000	−2 325 000
Earnings Before Tax	−936 000	3 501 000	3 176 000	4 781 000
Tax	0	0	0	0
Net Income	654 000	3 426 000	2 064 000	2 621 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	304 496 000	294 720 000	285 448 000	262 780 000
Total Current Assets	21 451 000	22 063 000	13 832 000	17 231 000
Total Assets	325 947 000	316 784 000	299 280 000	280 011 000
Total Retained Equity	24 850 000	24 196 000	20 770 000	18 706 000
Total Equity	139 106 000	138 452 000	135 026 000	132 962 000
Total Long-Term Debt	167 116 000	157 037 000	141 671 000	126 638 000
Total Current Debt	19 726 000	21 295 000	22 583 000	20 411 000
Total Equity and Debt	325 947 000	316 784 000	299 280 000	280 011 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 815 000	55 713 000	51 460 000	49 484 000
Other Income	11 467 000	10 252 000	10 075 000	9 223 000
Revenue	70 282 000	65 964 000	61 535 000	58 707 000
Cost of Goods Sold	0	0	0	0
Salary Costs	26 006 000	24 567 000	23 408 000	19 702 000
Depreciation	14 610 000	13 232 000	12 940 000	12 131 000
Impairment	0	0	0	0
Expenditure	67 628 000	61 109 000	56 519 000	51 602 000
Operating Profit	2 679 000	4 847 000	5 016 000	7 106 000
Financial Income	0	0	4 000	5 000
Financial Costs	3 615 000	1 347 000	1 845 000	2 330 000
Financial Balance	−3 615 000	−1 347 000	−1 841 000	−2 325 000
Dividends	0	0	0	0
Net Income	654 000	3 426 000	2 064 000	2 621 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 051 000	11 051 000	11 051 000	11 051 000
Real Eastate	255 425 000	266 108 000	256 730 000	234 089 000
Machinery and Plant Facilities	24 085 000	747 000	0	0
Fixtures	3 221 000	6 100 000	6 953 000	6 927 000
Total Tangible Assets	282 732 000	272 956 000	263 684 000	241 016 000
Total Fiancial Fixed Assets	10 713 000	10 713 000	10 713 000	10 713 000
Total Fixed Assets	304 496 000	294 720 000	285 448 000	262 780 000
Stock	719 000	694 000	685 000	532 000
Total Investments	0	0	0	0
Cash, Bank	11 927 000	13 896 000	6 426 000	9 194 000
Total Current Assets	21 451 000	22 063 000	13 832 000	17 231 000
Total Assets	325 947 000	316 784 000	299 280 000	280 011 000
Total Equity	139 106 000	138 452 000	135 026 000	132 962 000
Short-Term Group Debt	0	0	5 847 000	4 735 000
Total Long-Term Debt	167 116 000	157 037 000	141 671 000	126 638 000
Creditors	3 346 000	0	9 123 000	8 483 000
Unpaid Taxes	1 507 000	0	1 052 000	413 000
Dividends	0	0	0	0
Other Current Debt	14 873 000	21 295 000	6 562 000	6 781 000
Total Current Debt	19 726 000	21 295 000	22 583 000	20 411 000
Total Equity and Debt	325 947 000	316 784 000	299 280 000	280 011 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,47 %	2,47 %	1,53 %	1,97 %
Debt-to-Equity Ratio	1,2	1,13	1,05	0,95
Operating Profit Margin	3,81 %	7,35 %	8,15 %	12,1 %
Current Ratio	1,09	1,04	0,61	0,84
Quick Ratio	1,13	1,07	0,63	0,87
Equity Ratio	0,43	0,44	0,45	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %