GLITRE HYTTEUTLEIE AS

2335 STANGE

Finances

Share Ownership

Return on Equity

76,6 %

Current Ratio

0,71

Debt-to-Equity Ratio

1,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	731 000	271 000	675 000	938 000
Net Income	252 000	−58 000	9 000	184 000
Total Assets	1 605 000	1 265 000	4 250 000	4 610 000
Total Equity	329 000	77 000	1 417 000	1 408 000

Income (NOK)	2022	2021	2020	2019
Revenue	731 000	271 000	675 000	938 000
Expenditure	383 000	291 000	555 000	604 000
Operating Profit	347 000	−20 000	120 000	335 000
Financial Income	3 000	3 000	3 000	4 000
Financial Costs	27 000	34 000	91 000	117 000
Financial Balance	−24 000	−31 000	−88 000	−113 000
Earnings Before Tax	323 000	−50 000	32 000	222 000
Tax	71 000	8 000	23 000	38 000
Net Income	252 000	−58 000	9 000	184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 129 000	1 178 000	4 064 000	4 282 000
Total Current Assets	477 000	87 000	186 000	328 000
Total Assets	1 605 000	1 265 000	4 250 000	4 610 000
Total Retained Equity	275 000	23 000	417 000	408 000
Total Equity	329 000	77 000	1 417 000	1 408 000
Total Long-Term Debt	600 000	683 000	2 464 000	2 799 000
Total Current Debt	676 000	505 000	369 000	403 000
Total Equity and Debt	1 605 000	1 265 000	4 250 000	4 610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 000	0	0	0
Other Income	681 000	271 000	675 000	938 000
Revenue	731 000	271 000	675 000	938 000
Cost of Goods Sold	6 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	49 000	49 000	218 000	218 000
Impairment	0	0	0	0
Expenditure	383 000	291 000	555 000	604 000
Operating Profit	347 000	−20 000	120 000	335 000
Financial Income	3 000	3 000	3 000	4 000
Financial Costs	27 000	34 000	91 000	117 000
Financial Balance	−24 000	−31 000	−88 000	−113 000
Dividends	0	0	0	0
Net Income	252 000	−58 000	9 000	184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 129 000	1 178 000	4 064 000	4 282 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 129 000	1 178 000	4 064 000	4 282 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 129 000	1 178 000	4 064 000	4 282 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	378 000	29 000	167 000	232 000
Total Current Assets	477 000	87 000	186 000	328 000
Total Assets	1 605 000	1 265 000	4 250 000	4 610 000
Total Equity	329 000	77 000	1 417 000	1 408 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	600 000	683 000	2 464 000	2 799 000
Creditors	43 000	0	0	0
Unpaid Taxes	1 000	0	0	8 000
Dividends	0	0	0	0
Other Current Debt	574 000	505 000	346 000	357 000
Total Current Debt	676 000	505 000	369 000	403 000
Total Equity and Debt	1 605 000	1 265 000	4 250 000	4 610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,6 %	−75,32 %	0,64 %	13,07 %
Debt-to-Equity Ratio	1,82	8,87	1,74	1,99
Operating Profit Margin	47,47 %	−7,38 %	17,78 %	35,71 %
Current Ratio	0,71	0,17	0,5	0,81
Quick Ratio	0,71	0,17	0,5	0,81
Equity Ratio	0,2	0,06	0,33	0,31
Gross Profit Margin	99,18 %	100 %	100 %	100 %