GLASS SIKRING AS

6823 SANDANE

Finances

Share Ownership

Return on Equity

46,4 %

Current Ratio

2,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 652 000	6 297 000	7 376 000	7 700 000
Net Income	961 000	52 000	78 000	252 000
Total Assets	3 644 000	2 296 000	2 951 000	3 457 000
Total Equity	2 071 000	1 514 000	1 761 000	1 684 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 652 000	6 297 000	7 376 000	7 700 000
Expenditure	6 398 000	6 229 000	7 280 000	7 387 000
Operating Profit	1 254 000	68 000	95 000	313 000
Financial Income	−1 000	1 000	1 000	2 000
Financial Costs	3 000	4 000	2 000	3 000
Financial Balance	−4 000	−3 000	−1 000	−1 000
Earnings Before Tax	1 249 000	65 000	94 000	313 000
Tax	289 000	13 000	16 000	61 000
Net Income	961 000	52 000	78 000	252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	338 000	364 000	453 000	53 000
Total Current Assets	3 307 000	1 932 000	2 498 000	3 404 000
Total Assets	3 644 000	2 296 000	2 951 000	3 457 000
Total Retained Equity	1 551 000	994 000	1 242 000	1 164 000
Total Equity	2 071 000	1 514 000	1 761 000	1 684 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 573 000	782 000	1 189 000	1 774 000
Total Equity and Debt	3 644 000	2 296 000	2 951 000	3 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 652 000	6 297 000	7 347 000	7 700 000
Other Income	0	0	28 000	0
Revenue	7 652 000	6 297 000	7 376 000	7 700 000
Cost of Goods Sold	3 385 000	3 159 000	4 153 000	4 021 000
Salary Costs	2 048 000	2 137 000	2 195 000	2 552 000
Depreciation	101 000	101 000	80 000	0
Impairment	0	0	0	0
Expenditure	6 398 000	6 229 000	7 280 000	7 387 000
Operating Profit	1 254 000	68 000	95 000	313 000
Financial Income	−1 000	1 000	1 000	2 000
Financial Costs	3 000	4 000	2 000	3 000
Financial Balance	−4 000	−3 000	−1 000	−1 000
Dividends	403 000	300 000	0	0
Net Income	961 000	52 000	78 000	252 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	53 000	53 000	53 000	53 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	285 000	311 000	400 000	0
Total Tangible Assets	338 000	364 000	453 000	53 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	338 000	364 000	453 000	53 000
Stock	802 000	810 000	725 000	850 000
Total Investments	0	0	0	0
Cash, Bank	1 911 000	864 000	1 018 000	1 458 000
Total Current Assets	3 307 000	1 932 000	2 498 000	3 404 000
Total Assets	3 644 000	2 296 000	2 951 000	3 457 000
Total Equity	2 071 000	1 514 000	1 761 000	1 684 000
Short-Term Group Debt	0	0	54 000	49 000
Total Long-Term Debt	0	0	0	0
Creditors	266 000	269 000	355 000	620 000
Unpaid Taxes	283 000	278 000	535 000	496 000
Dividends	403 000	300 000	0	0
Other Current Debt	333 000	222 000	230 000	558 000
Total Current Debt	1 573 000	782 000	1 189 000	1 774 000
Total Equity and Debt	3 644 000	2 296 000	2 951 000	3 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,4 %	3,43 %	4,43 %	14,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,39 %	1,08 %	1,29 %	4,06 %
Current Ratio	2,1	2,47	2,1	1,92
Quick Ratio	4,29	−69	5,38	3,68
Equity Ratio	0,57	0,66	0,6	0,49
Gross Profit Margin	55,76 %	49,83 %	43,7 %	47,78 %