GLITTER AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

13,14 %

Current Ratio

1,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	207 913 000	178 303 000	188 554 000	195 445 000
Net Income	8 773 000	7 549 000	14 581 000	12 699 000
Total Assets	130 599 000	114 167 000	81 412 000	84 046 000
Total Equity	66 781 000	58 008 000	50 459 000	35 878 000

Income (NOK)	2022	2021	2020	2019
Revenue	207 913 000	178 303 000	188 554 000	195 445 000
Expenditure	196 623 000	168 607 000	170 088 000	179 912 000
Operating Profit	11 291 000	9 696 000	18 466 000	15 533 000
Financial Income	39 000	14 000	263 000	94 000
Financial Costs	83 000	32 000	93 000	44 000
Financial Balance	−44 000	−18 000	170 000	50 000
Earnings Before Tax	11 247 000	9 678 000	18 636 000	15 583 000
Tax	2 474 000	2 129 000	4 055 000	2 884 000
Net Income	8 773 000	7 549 000	14 581 000	12 699 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 478 000	5 843 000	8 354 000	9 188 000
Total Current Assets	125 121 000	108 324 000	73 058 000	74 858 000
Total Assets	130 599 000	114 167 000	81 412 000	84 046 000
Total Retained Equity	66 681 000	57 908 000	50 359 000	35 778 000
Total Equity	66 781 000	58 008 000	50 459 000	35 878 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	63 818 000	56 159 000	30 953 000	48 168 000
Total Equity and Debt	130 599 000	114 167 000	81 412 000	84 046 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	207 618 000	178 100 000	185 135 000	194 760 000
Other Income	295 000	203 000	3 419 000	685 000
Revenue	207 913 000	178 303 000	188 554 000	195 445 000
Cost of Goods Sold	97 533 000	71 476 000	67 786 000	64 130 000
Salary Costs	60 724 000	57 789 000	62 572 000	74 704 000
Depreciation	2 235 000	3 108 000	3 162 000	2 721 000
Impairment	0	0	0	0
Expenditure	196 623 000	168 607 000	170 088 000	179 912 000
Operating Profit	11 291 000	9 696 000	18 466 000	15 533 000
Financial Income	39 000	14 000	263 000	94 000
Financial Costs	83 000	32 000	93 000	44 000
Financial Balance	−44 000	−18 000	170 000	50 000
Dividends	0	0	0	0
Net Income	8 773 000	7 549 000	14 581 000	12 699 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	814 000	841 000	616 000	697 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 664 000	0	0	0
Fixtures	0	5 002 000	7 738 000	8 490 000
Total Tangible Assets	4 664 000	5 002 000	7 738 000	8 490 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 478 000	5 843 000	8 354 000	9 188 000
Stock	46 890 000	15 804 000	13 356 000	25 448 000
Total Investments	0	0	0	0
Cash, Bank	74 976 000	88 844 000	56 743 000	46 611 000
Total Current Assets	125 121 000	108 324 000	73 058 000	74 858 000
Total Assets	130 599 000	114 167 000	81 412 000	84 046 000
Total Equity	66 781 000	58 008 000	50 459 000	35 878 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 524 000	10 633 000	6 195 000	10 872 000
Unpaid Taxes	11 746 000	11 777 000	12 501 000	19 106 000
Dividends	0	0	0	0
Other Current Debt	21 672 000	29 601 000	6 985 000	14 470 000
Total Current Debt	63 818 000	56 159 000	30 953 000	48 168 000
Total Equity and Debt	130 599 000	114 167 000	81 412 000	84 046 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,14 %	13,01 %	28,9 %	35,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,43 %	5,44 %	9,79 %	7,95 %
Current Ratio	1,96	1,93	2,36	1,55
Quick Ratio	7,39	2,68	4,15	3,29
Equity Ratio	0,51	0,51	0,62	0,43
Gross Profit Margin	53,09 %	59,91 %	64,05 %	67,19 %