GLASSFORUM AS

6531 AVERØY

Finances

Share Ownership

Return on Equity

2,03 %

Current Ratio

10,26

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 987 000	4 715 000	4 768 000	4 565 000
Net Income	68 000	56 000	178 000	290 000
Total Assets	5 761 000	6 292 000	6 682 000	6 513 000
Total Equity	3 358 000	3 290 000	3 234 000	3 056 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 987 000	4 715 000	4 768 000	4 565 000
Expenditure	3 895 000	4 640 000	4 464 000	4 150 000
Operating Profit	92 000	75 000	303 000	416 000
Financial Income	2 000	3 000	1 000	9 000
Financial Costs	26 000	22 000	127 000	134 000
Financial Balance	−24 000	−19 000	−126 000	−125 000
Earnings Before Tax	68 000	56 000	178 000	290 000
Tax	0	0	0	0
Net Income	68 000	56 000	178 000	290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	263 000	349 000	427 000	541 000
Total Current Assets	5 498 000	5 943 000	6 256 000	5 972 000
Total Assets	5 761 000	6 292 000	6 682 000	6 513 000
Total Retained Equity	1 678 000	1 610 000	1 554 000	1 376 000
Total Equity	3 358 000	3 290 000	3 234 000	3 056 000
Total Long-Term Debt	1 867 000	2 678 000	3 100 000	2 891 000
Total Current Debt	536 000	325 000	348 000	565 000
Total Equity and Debt	5 761 000	6 292 000	6 682 000	6 513 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 972 000	4 667 000	4 631 000	4 516 000
Other Income	15 000	49 000	137 000	49 000
Revenue	3 987 000	4 715 000	4 768 000	4 565 000
Cost of Goods Sold	2 169 000	2 638 000	2 532 000	1 924 000
Salary Costs	832 000	662 000	486 000	771 000
Depreciation	86 000	115 000	138 000	181 000
Impairment	0	0	0	0
Expenditure	3 895 000	4 640 000	4 464 000	4 150 000
Operating Profit	92 000	75 000	303 000	416 000
Financial Income	2 000	3 000	1 000	9 000
Financial Costs	26 000	22 000	127 000	134 000
Financial Balance	−24 000	−19 000	−126 000	−125 000
Dividends	0	0	0	0
Net Income	68 000	56 000	178 000	290 000

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	263 000	349 000	426 000	541 000
Total Tangible Assets	263 000	349 000	426 000	541 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	263 000	349 000	427 000	541 000
Stock	5 214 000	5 577 000	5 863 000	5 741 000
Total Investments	0	0	0	0
Cash, Bank	49 000	64 000	−34 000	104 000
Total Current Assets	5 498 000	5 943 000	6 256 000	5 972 000
Total Assets	5 761 000	6 292 000	6 682 000	6 513 000
Total Equity	3 358 000	3 290 000	3 234 000	3 056 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 867 000	2 678 000	3 100 000	2 891 000
Creditors	223 000	63 000	137 000	200 000
Unpaid Taxes	254 000	207 000	175 000	230 000
Dividends	0	0	0	0
Other Current Debt	59 000	56 000	35 000	135 000
Total Current Debt	536 000	325 000	348 000	565 000
Total Equity and Debt	5 761 000	6 292 000	6 682 000	6 513 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,03 %	1,7 %	5,5 %	9,49 %
Debt-to-Equity Ratio	0,56	0,81	0,96	0,95
Operating Profit Margin	2,31 %	1,59 %	6,35 %	9,11 %
Current Ratio	10,26	18,29	17,98	10,57
Quick Ratio	−1,18	−1,13	−1,13	−1,15
Equity Ratio	0,58	0,52	0,48	0,47
Gross Profit Margin	45,6 %	44,05 %	46,9 %	57,85 %