GLITNEGÅRDEN EIENDOMSSELSKAP AS

2322 RIDABU

Finances

Share Ownership

Return on Equity

12,75 %

Current Ratio

3,11

Debt-to-Equity Ratio

6,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	649 000	594 000	853 000	655 000
Net Income	89 000	89 000	242 000	111 000
Total Assets	5 679 000	6 399 000	7 011 000	4 139 000
Total Equity	698 000	678 000	1 387 000	620 000

Income (NOK)	2022	2021	2020	2019
Revenue	649 000	594 000	853 000	655 000
Expenditure	373 000	376 000	420 000	377 000
Operating Profit	276 000	218 000	434 000	278 000
Financial Income	5 000	5 000	4 000	0
Financial Costs	167 000	108 000	128 000	136 000
Financial Balance	−162 000	−103 000	−124 000	−136 000
Earnings Before Tax	114 000	114 000	310 000	142 000
Tax	25 000	25 000	68 000	31 000
Net Income	89 000	89 000	242 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 955 000	5 093 000	5 124 000	3 986 000
Total Current Assets	724 000	1 306 000	1 887 000	153 000
Total Assets	5 679 000	6 399 000	7 011 000	4 139 000
Total Retained Equity	20 000	0	−128 000	−58 000
Total Equity	698 000	678 000	1 387 000	620 000
Total Long-Term Debt	4 748 000	4 752 000	4 756 000	3 393 000
Total Current Debt	233 000	969 000	868 000	127 000
Total Equity and Debt	5 679 000	6 399 000	7 011 000	4 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	649 000	594 000	853 000	655 000
Revenue	649 000	594 000	853 000	655 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	138 000	138 000	103 000	102 000
Impairment	0	0	0	0
Expenditure	373 000	376 000	420 000	377 000
Operating Profit	276 000	218 000	434 000	278 000
Financial Income	5 000	5 000	4 000	0
Financial Costs	167 000	108 000	128 000	136 000
Financial Balance	−162 000	−103 000	−124 000	−136 000
Dividends	0	0	0	0
Net Income	89 000	89 000	242 000	111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	18 000
Real Eastate	4 955 000	5 093 000	5 124 000	3 968 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 955 000	5 093 000	5 124 000	3 968 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 955 000	5 093 000	5 124 000	3 986 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	655 000	1 230 000	313 000	44 000
Total Current Assets	724 000	1 306 000	1 887 000	153 000
Total Assets	5 679 000	6 399 000	7 011 000	4 139 000
Total Equity	698 000	678 000	1 387 000	620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 748 000	4 752 000	4 756 000	3 393 000
Creditors	11 000	67 000	552 000	111 000
Unpaid Taxes	110 000	67 000	0	9 000
Dividends	0	0	0	0
Other Current Debt	102 000	834 000	316 000	7 000
Total Current Debt	233 000	969 000	868 000	127 000
Total Equity and Debt	5 679 000	6 399 000	7 011 000	4 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,75 %	13,13 %	17,45 %	17,9 %
Debt-to-Equity Ratio	6,8	7,01	3,43	5,47
Operating Profit Margin	42,53 %	36,7 %	50,88 %	42,44 %
Current Ratio	3,11	1,35	2,17	1,2
Quick Ratio	3,11	1,35	2,17	1,2
Equity Ratio	0,12	0,11	0,2	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %