GLADIC EIENDOM AS

5700 VOSS

Finances

Share Ownership

Return on Equity

4,47 %

Current Ratio

Debt-to-Equity Ratio

−2,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	116 000	0	61 000	238 000
Net Income	−32 000	−113 000	−78 000	50 000
Total Assets	1 708 000	1 713 000	1 697 000	1 745 000
Total Equity	−716 000	−684 000	−572 000	−493 000

Income (NOK)	2022	2021	2020	2019
Revenue	116 000	0	61 000	238 000
Expenditure	56 000	58 000	70 000	78 000
Operating Profit	60 000	−58 000	−10 000	160 000
Financial Income	0	0	0	0
Financial Costs	102 000	86 000	91 000	96 000
Financial Balance	−102 000	−86 000	−91 000	−96 000
Earnings Before Tax	−42 000	−144 000	−101 000	63 000
Tax	−9 000	−32 000	−22 000	14 000
Net Income	−32 000	−113 000	−78 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 708 000	1 713 000	1 695 000	1 687 000
Total Current Assets	0	1 000	2 000	59 000
Total Assets	1 708 000	1 713 000	1 697 000	1 745 000
Total Retained Equity	−1 116 000	−1 084 000	−972 000	−893 000
Total Equity	−716 000	−684 000	−572 000	−493 000
Total Long-Term Debt	1 951 000	1 999 000	2 029 000	2 053 000
Total Current Debt	474 000	398 000	239 000	186 000
Total Equity and Debt	1 708 000	1 713 000	1 697 000	1 745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	116 000	0	61 000	238 000
Revenue	116 000	0	61 000	238 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	14 000	14 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	56 000	58 000	70 000	78 000
Operating Profit	60 000	−58 000	−10 000	160 000
Financial Income	0	0	0	0
Financial Costs	102 000	86 000	91 000	96 000
Financial Balance	−102 000	−86 000	−91 000	−96 000
Dividends	0	0	0	0
Net Income	−32 000	−113 000	−78 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	364 000	355 000	323 000	301 000
Real Eastate	1 344 000	1 358 000	1 372 000	1 386 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 344 000	1 358 000	1 372 000	1 386 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 708 000	1 713 000	1 695 000	1 687 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 000	1 000	56 000
Total Current Assets	0	1 000	2 000	59 000
Total Assets	1 708 000	1 713 000	1 697 000	1 745 000
Total Equity	−716 000	−684 000	−572 000	−493 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 951 000	1 999 000	2 029 000	2 053 000
Creditors	0	3 000	2 000	0
Unpaid Taxes	0	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	474 000	395 000	237 000	183 000
Total Current Debt	474 000	398 000	239 000	186 000
Total Equity and Debt	1 708 000	1 713 000	1 697 000	1 745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,47 %	16,52 %	13,64 %	−10,14 %
Debt-to-Equity Ratio	−2,72	−2,92	−3,55	−4,16
Operating Profit Margin	51,72 %	-	−16,39 %	67,23 %
Current Ratio	0	0	0,01	0,32
Quick Ratio	0	0	0,01	0,32
Equity Ratio	−0,42	−0,4	−0,34	−0,28
Gross Profit Margin	100 %	-	100 %	100 %