GLASSPESIALISTEN AS

1391 VOLLEN

Finances

Share Ownership

Return on Equity

60,14 %

Current Ratio

3,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 191 000	4 474 000	4 388 000	4 215 000
Net Income	771 000	486 000	−6 000	−41 000
Total Assets	1 692 000	1 599 000	849 000	1 054 000
Total Equity	1 282 000	511 000	490 000	497 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 191 000	4 474 000	4 388 000	4 215 000
Expenditure	4 214 000	3 844 000	4 363 000	4 225 000
Operating Profit	977 000	631 000	26 000	−11 000
Financial Income	2 000	0	0	0
Financial Costs	1 000	1 000	7 000	9 000
Financial Balance	1 000	−1 000	−7 000	−9 000
Earnings Before Tax	978 000	630 000	19 000	−20 000
Tax	207 000	144 000	26 000	21 000
Net Income	771 000	486 000	−6 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 000	189 000	190 000	375 000
Total Current Assets	1 572 000	1 410 000	659 000	679 000
Total Assets	1 692 000	1 599 000	849 000	1 054 000
Total Retained Equity	1 182 000	411 000	390 000	397 000
Total Equity	1 282 000	511 000	490 000	497 000
Total Long-Term Debt	0	0	0	105 000
Total Current Debt	410 000	1 087 000	359 000	452 000
Total Equity and Debt	1 692 000	1 599 000	849 000	1 054 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 187 000	4 472 000	4 286 000	4 215 000
Other Income	4 000	2 000	102 000	0
Revenue	5 191 000	4 474 000	4 388 000	4 215 000
Cost of Goods Sold	2 042 000	1 635 000	1 573 000	1 391 000
Salary Costs	877 000	1 030 000	1 469 000	1 544 000
Depreciation	69 000	63 000	185 000	215 000
Impairment	0	0	0	0
Expenditure	4 214 000	3 844 000	4 363 000	4 225 000
Operating Profit	977 000	631 000	26 000	−11 000
Financial Income	2 000	0	0	0
Financial Costs	1 000	1 000	7 000	9 000
Financial Balance	1 000	−1 000	−7 000	−9 000
Dividends	0	465 000	0	0
Net Income	771 000	486 000	−6 000	−41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	120 000	189 000	190 000	375 000
Total Tangible Assets	120 000	189 000	190 000	375 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	120 000	189 000	190 000	375 000
Stock	39 000	24 000	16 000	43 000
Total Investments	0	0	0	0
Cash, Bank	1 235 000	690 000	403 000	313 000
Total Current Assets	1 572 000	1 410 000	659 000	679 000
Total Assets	1 692 000	1 599 000	849 000	1 054 000
Total Equity	1 282 000	511 000	490 000	497 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	105 000
Creditors	−19 000	150 000	90 000	133 000
Unpaid Taxes	143 000	215 000	129 000	173 000
Dividends	0	465 000	0	0
Other Current Debt	78 000	114 000	114 000	125 000
Total Current Debt	410 000	1 087 000	359 000	452 000
Total Equity and Debt	1 692 000	1 599 000	849 000	1 054 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,14 %	95,11 %	−1,22 %	−8,25 %
Debt-to-Equity Ratio	0	0	0	0,21
Operating Profit Margin	18,82 %	14,1 %	0,59 %	−0,26 %
Current Ratio	3,83	1,3	1,84	1,5
Quick Ratio	4,24	1,33	1,92	1,66
Equity Ratio	0,76	0,32	0,58	0,47
Gross Profit Margin	60,66 %	63,46 %	64,15 %	67 %