GLASSVERKET IDRETTSFORENING

3038 DRAMMEN

Finances

Share Ownership

Return on Equity

−28,89 %

Current Ratio

4,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 889 000	7 753 000	6 408 000	10 454 000
Net Income	−1 157 000	1 172 000	1 176 000	2 494 000
Total Assets	5 140 000	5 873 000	4 556 000	3 764 000
Total Equity	4 005 000	5 161 000	4 058 000	2 883 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 889 000	7 753 000	6 408 000	10 454 000
Expenditure	11 050 000	6 584 000	5 238 000	7 986 000
Operating Profit	−1 161 000	1 170 000	1 170 000	2 468 000
Financial Income	4 000	3 000	10 000	29 000
Financial Costs	0	0	4 000	3 000
Financial Balance	4 000	3 000	6 000	26 000
Earnings Before Tax	−1 157 000	1 172 000	1 176 000	2 494 000
Tax	0	0	0	0
Net Income	−1 157 000	1 172 000	1 176 000	2 494 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	136 000	5 000	18 000	40 000
Total Current Assets	5 004 000	5 869 000	4 539 000	3 724 000
Total Assets	5 140 000	5 873 000	4 556 000	3 764 000
Total Retained Equity	4 005 000	5 161 000	4 058 000	2 883 000
Total Equity	4 005 000	5 161 000	4 058 000	2 883 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 135 000	712 000	498 000	881 000
Total Equity and Debt	5 140 000	5 873 000	4 556 000	3 764 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 426 000	3 808 000	1 273 000	5 669 000
Other Income	4 463 000	3 946 000	5 134 000	4 785 000
Revenue	9 889 000	7 753 000	6 408 000	10 454 000
Cost of Goods Sold	747 000	221 000	92 000	236 000
Salary Costs	4 750 000	3 808 000	2 836 000	3 343 000
Depreciation	33 000	13 000	22 000	157 000
Impairment	0	0	0	0
Expenditure	11 050 000	6 584 000	5 238 000	7 986 000
Operating Profit	−1 161 000	1 170 000	1 170 000	2 468 000
Financial Income	4 000	3 000	10 000	29 000
Financial Costs	0	0	4 000	3 000
Financial Balance	4 000	3 000	6 000	26 000
Dividends	0	0	0	0
Net Income	−1 157 000	1 172 000	1 176 000	2 494 000

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	136 000	5 000	18 000	40 000
Total Tangible Assets	136 000	5 000	18 000	40 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	136 000	5 000	18 000	40 000
Stock	14 000	9 000	7 000	19 000
Total Investments	0	0	0	0
Cash, Bank	4 629 000	5 546 000	4 371 000	3 203 000
Total Current Assets	5 004 000	5 869 000	4 539 000	3 724 000
Total Assets	5 140 000	5 873 000	4 556 000	3 764 000
Total Equity	4 005 000	5 161 000	4 058 000	2 883 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	413 000	166 000	73 000	252 000
Unpaid Taxes	324 000	219 000	199 000	149 000
Dividends	0	0	0	0
Other Current Debt	398 000	327 000	226 000	480 000
Total Current Debt	1 135 000	712 000	498 000	881 000
Total Equity and Debt	5 140 000	5 873 000	4 556 000	3 764 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,89 %	22,71 %	28,98 %	86,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−11,74 %	15,09 %	18,26 %	23,61 %
Current Ratio	4,41	8,24	9,11	4,23
Quick Ratio	4,46	8,35	9,24	4,32
Equity Ratio	0,78	0,88	0,89	0,77
Gross Profit Margin	92,45 %	97,15 %	98,56 %	97,74 %