GLIMMER AS

1553 SON

Finances

Share Ownership

Return on Equity

115,22 %

Current Ratio

0,78

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 000	534 000	215 000	68 000
Net Income	−106 000	0	46 000	3 000
Total Assets	318 000	884 000	488 000	296 000
Total Equity	−92 000	14 000	15 000	−32 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 000	534 000	215 000	68 000
Expenditure	45 000	471 000	131 000	65 000
Operating Profit	−5 000	63 000	84 000	4 000
Financial Income	0	5 000	0	0
Financial Costs	90 000	0	0	0
Financial Balance	−90 000	5 000	0	0
Earnings Before Tax	−95 000	68 000	84 000	4 000
Tax	11 000	69 000	38 000	1 000
Net Income	−106 000	0	46 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	101 000	129 000	97 000
Total Current Assets	318 000	783 000	359 000	199 000
Total Assets	318 000	884 000	488 000	296 000
Total Retained Equity	−192 000	−86 000	−85 000	−132 000
Total Equity	−92 000	14 000	15 000	−32 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	410 000	870 000	474 000	328 000
Total Equity and Debt	318 000	884 000	488 000	296 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 000	534 000	215 000	68 000
Other Income	0	0	0	0
Revenue	40 000	534 000	215 000	68 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	20 000	41 000
Impairment	0	0	0	0
Expenditure	45 000	471 000	131 000	65 000
Operating Profit	−5 000	63 000	84 000	4 000
Financial Income	0	5 000	0	0
Financial Costs	90 000	0	0	0
Financial Balance	−90 000	5 000	0	0
Dividends	0	0	0	0
Net Income	−106 000	0	46 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	11 000	39 000	77 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	20 000
Total Tangible Assets	0	0	0	20 000
Total Fiancial Fixed Assets	0	90 000	90 000	0
Total Fixed Assets	0	101 000	129 000	97 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	5 000	5 000	0
Total Current Assets	318 000	783 000	359 000	199 000
Total Assets	318 000	884 000	488 000	296 000
Total Equity	−92 000	14 000	15 000	−32 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	32 000	5 000
Dividends	0	0	0	0
Other Current Debt	369 000	829 000	441 000	323 000
Total Current Debt	410 000	870 000	474 000	328 000
Total Equity and Debt	318 000	884 000	488 000	296 000

Financial indicators	2022	2021	2020	2019
Return on Equity	115,22 %	0 %	306,67 %	−9,38 %
Debt-to-Equity Ratio	−0	0	0	−0
Operating Profit Margin	−12,5 %	11,8 %	39,07 %	5,88 %
Current Ratio	0,78	0,9	0,76	0,61
Quick Ratio	0,78	0,9	0,76	0,61
Equity Ratio	−0,29	0,02	0,03	−0,11
Gross Profit Margin	100 %	100 %	100 %	100 %