GLASSFIBER PRODUKTER AS

4353 KLEPP STASJON

Finances

Share Ownership

Return on Equity

−53,02 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	124 272 000	55 070 000	42 077 000	47 448 000
Net Income	−3 284 000	−32 000	−726 000	1 809 000
Total Assets	40 358 000	32 792 000	20 656 000	20 836 000
Total Equity	6 194 000	9 088 000	9 120 000	10 346 000

Income (NOK)	2022	2021	2020	2019
Revenue	124 272 000	55 070 000	42 077 000	47 448 000
Expenditure	126 539 000	54 536 000	43 063 000	45 006 000
Operating Profit	−2 266 000	535 000	−987 000	2 441 000
Financial Income	566 000	343 000	786 000	201 000
Financial Costs	1 701 000	919 000	730 000	321 000
Financial Balance	−1 135 000	−576 000	56 000	−120 000
Earnings Before Tax	−3 402 000	−41 000	−930 000	2 320 000
Tax	−117 000	−9 000	−204 000	511 000
Net Income	−3 284 000	−32 000	−726 000	1 809 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 362 000	1 746 000	1 979 000	1 326 000
Total Current Assets	38 996 000	31 046 000	18 677 000	19 510 000
Total Assets	40 358 000	32 792 000	20 656 000	20 836 000
Total Retained Equity	5 704 000	8 988 000	9 020 000	10 246 000
Total Equity	6 194 000	9 088 000	9 120 000	10 346 000
Total Long-Term Debt	0	7 000	16 000	0
Total Current Debt	34 164 000	23 697 000	11 520 000	10 490 000
Total Equity and Debt	40 358 000	32 792 000	20 656 000	20 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	124 272 000	55 070 000	42 077 000	47 448 000
Other Income	0	0	0	0
Revenue	124 272 000	55 070 000	42 077 000	47 448 000
Cost of Goods Sold	109 151 000	40 572 000	33 317 000	36 258 000
Salary Costs	10 906 000	8 161 000	5 925 000	5 722 000
Depreciation	505 000	466 000	295 000	240 000
Impairment	0	0	0	0
Expenditure	126 539 000	54 536 000	43 063 000	45 006 000
Operating Profit	−2 266 000	535 000	−987 000	2 441 000
Financial Income	566 000	343 000	786 000	201 000
Financial Costs	1 701 000	919 000	730 000	321 000
Financial Balance	−1 135 000	−576 000	56 000	−120 000
Dividends	0	0	500 000	2 000 000
Net Income	−3 284 000	−32 000	−726 000	1 809 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	128 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 362 000	1 746 000	1 979 000	1 068 000
Total Tangible Assets	1 362 000	1 746 000	1 979 000	1 068 000
Total Fiancial Fixed Assets	0	0	0	130 000
Total Fixed Assets	1 362 000	1 746 000	1 979 000	1 326 000
Stock	11 584 000	11 834 000	8 285 000	8 427 000
Total Investments	0	0	0	0
Cash, Bank	540 000	922 000	631 000	1 585 000
Total Current Assets	38 996 000	31 046 000	18 677 000	19 510 000
Total Assets	40 358 000	32 792 000	20 656 000	20 836 000
Total Equity	6 194 000	9 088 000	9 120 000	10 346 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	7 000	16 000	0
Creditors	21 815 000	15 968 000	5 153 000	4 684 000
Unpaid Taxes	2 826 000	2 272 000	1 785 000	2 119 000
Dividends	0	0	500 000	2 000 000
Other Current Debt	2 873 000	2 034 000	2 726 000	1 139 000
Total Current Debt	34 164 000	23 697 000	11 520 000	10 490 000
Total Equity and Debt	40 358 000	32 792 000	20 656 000	20 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,02 %	−0,35 %	−7,96 %	17,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,82 %	0,97 %	−2,35 %	5,14 %
Current Ratio	1,14	1,31	1,62	1,86
Quick Ratio	1,73	2,62	5,77	9,46
Equity Ratio	0,15	0,28	0,44	0,5
Gross Profit Margin	12,17 %	26,33 %	20,82 %	23,58 %