GLITRE NETT AS

3045 DRAMMEN

Finances

Return on Equity

3,41 %

Current Ratio

0,52

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 147 204 000	1 586 956 000	1 534 202 000	1 454 179 000
Net Income	265 884 000	115 617 000	246 282 000	50 302 000
Total Assets	11 624 122 000	7 366 270 000	6 470 405 000	6 427 916 000
Total Equity	7 801 748 000	1 117 502 000	1 001 690 000	977 990 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 147 204 000	1 586 956 000	1 534 202 000	1 454 179 000
Expenditure	1 713 625 000	1 367 012 000	1 128 262 000	1 291 615 000
Operating Profit	433 579 000	219 945 000	405 940 000	162 564 000
Financial Income	17 790 000	1 277 000	2 874 000	3 355 000
Financial Costs	106 319 000	72 907 000	92 533 000	102 299 000
Financial Balance	−88 529 000	−71 630 000	−89 659 000	−98 944 000
Earnings Before Tax	345 050 000	148 315 000	316 280 000	63 619 000
Tax	79 166 000	32 698 000	69 999 000	13 318 000
Net Income	265 884 000	115 617 000	246 282 000	50 302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 749 424 000	6 379 724 000	5 961 856 000	5 647 344 000
Total Current Assets	874 698 000	986 546 000	508 549 000	780 572 000
Total Assets	11 624 122 000	7 366 270 000	6 470 405 000	6 427 916 000
Total Retained Equity	371 799 000	303 552 000	187 740 000	164 040 000
Total Equity	7 801 748 000	1 117 502 000	1 001 690 000	977 990 000
Total Long-Term Debt	2 133 174 000	4 862 431 000	4 319 849 000	4 245 639 000
Total Current Debt	1 689 199 000	1 386 337 000	1 148 866 000	1 204 287 000
Total Equity and Debt	11 624 122 000	7 366 270 000	6 470 405 000	6 427 916 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 101 767 000	1 544 542 000	1 502 903 000	1 418 597 000
Other Income	45 437 000	42 414 000	31 299 000	35 582 000
Revenue	2 147 204 000	1 586 956 000	1 534 202 000	1 454 179 000
Cost of Goods Sold	809 872 000	545 454 000	389 412 000	489 042 000
Salary Costs	171 859 000	142 484 000	116 753 000	87 142 000
Depreciation	296 724 000	275 678 000	262 289 000	276 007 000
Impairment	0	0	0	0
Expenditure	1 713 625 000	1 367 012 000	1 128 262 000	1 291 615 000
Operating Profit	433 579 000	219 945 000	405 940 000	162 564 000
Financial Income	17 790 000	1 277 000	2 874 000	3 355 000
Financial Costs	106 319 000	72 907 000	92 533 000	102 299 000
Financial Balance	−88 529 000	−71 630 000	−89 659 000	−98 944 000
Dividends	146 839 000	300 160 000	230 000 000	211 925 000
Net Income	265 884 000	115 617 000	246 282 000	50 302 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	725 231 000	176 628 000	192 236 000	185 558 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	9 896 156 000	5 063 734 000	4 673 177 000	4 452 664 000
Fixtures	0	1 001 932 000	956 796 000	877 112 000
Total Tangible Assets	9 896 156 000	6 065 666 000	5 629 973 000	5 329 777 000
Total Fiancial Fixed Assets	128 038 000	137 431 000	139 648 000	132 010 000
Total Fixed Assets	10 749 424 000	6 379 724 000	5 961 856 000	5 647 344 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	2 000
Total Current Assets	874 698 000	986 546 000	508 549 000	780 572 000
Total Assets	11 624 122 000	7 366 270 000	6 470 405 000	6 427 916 000
Total Equity	7 801 748 000	1 117 502 000	1 001 690 000	977 990 000
Short-Term Group Debt	128 875 000	142 690 000	28 018 000	33 141 000
Total Long-Term Debt	2 133 174 000	4 862 431 000	4 319 849 000	4 245 639 000
Creditors	228 420 000	125 753 000	169 073 000	84 211 000
Unpaid Taxes	362 203 000	265 655 000	254 107 000	255 865 000
Dividends	146 839 000	300 160 000	230 000 000	211 925 000
Other Current Debt	621 300 000	462 448 000	466 244 000	577 837 000
Total Current Debt	1 689 199 000	1 386 337 000	1 148 866 000	1 204 287 000
Total Equity and Debt	11 624 122 000	7 366 270 000	6 470 405 000	6 427 916 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,41 %	10,35 %	24,59 %	5,14 %
Debt-to-Equity Ratio	0,27	4,35	4,31	4,34
Operating Profit Margin	20,19 %	13,86 %	26,46 %	11,18 %
Current Ratio	0,52	0,71	0,44	0,65
Quick Ratio	0,52	0,71	0,44	0,65
Equity Ratio	0,67	0,15	0,15	0,15
Gross Profit Margin	62,28 %	65,63 %	74,62 %	66,37 %