GLASSBUA KIRKENÆR AS

2260 KIRKENÆR

Finances

Share Ownership

Return on Equity

6,65 %

Current Ratio

1,33

Debt-to-Equity Ratio

1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 310 000	4 092 000	5 437 000	4 260 000
Net Income	21 000	−73 000	170 000	−152 000
Total Assets	2 416 000	2 223 000	2 327 000	1 669 000
Total Equity	316 000	295 000	368 000	198 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 310 000	4 092 000	5 437 000	4 260 000
Expenditure	4 246 000	4 134 000	5 241 000	4 385 000
Operating Profit	64 000	−42 000	196 000	−125 000
Financial Income	1 000	1 000	10 000	3 000
Financial Costs	45 000	31 000	37 000	30 000
Financial Balance	−44 000	−30 000	−27 000	−27 000
Earnings Before Tax	21 000	−73 000	170 000	−152 000
Tax	0	0	0	0
Net Income	21 000	−73 000	170 000	−152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	242 000	309 000	327 000	37 000
Total Current Assets	2 174 000	1 913 000	2 000 000	1 633 000
Total Assets	2 416 000	2 223 000	2 327 000	1 669 000
Total Retained Equity	166 000	145 000	218 000	48 000
Total Equity	316 000	295 000	368 000	198 000
Total Long-Term Debt	468 000	559 000	649 000	314 000
Total Current Debt	1 632 000	1 369 000	1 311 000	1 158 000
Total Equity and Debt	2 416 000	2 223 000	2 327 000	1 669 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 305 000	4 092 000	5 437 000	4 260 000
Other Income	5 000	0	0	0
Revenue	4 310 000	4 092 000	5 437 000	4 260 000
Cost of Goods Sold	2 675 000	2 416 000	3 571 000	2 666 000
Salary Costs	830 000	915 000	1 054 000	1 028 000
Depreciation	67 000	60 000	5 000	0
Impairment	0	0	0	0
Expenditure	4 246 000	4 134 000	5 241 000	4 385 000
Operating Profit	64 000	−42 000	196 000	−125 000
Financial Income	1 000	1 000	10 000	3 000
Financial Costs	45 000	31 000	37 000	30 000
Financial Balance	−44 000	−30 000	−27 000	−27 000
Dividends	0	0	0	0
Net Income	21 000	−73 000	170 000	−152 000

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	37 000	37 000	37 000	37 000
Fixtures	205 000	273 000	290 000	0
Total Tangible Assets	242 000	309 000	327 000	37 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	242 000	309 000	327 000	37 000
Stock	1 083 000	903 000	864 000	779 000
Total Investments	0	0	0	0
Cash, Bank	470 000	92 000	278 000	37 000
Total Current Assets	2 174 000	1 913 000	2 000 000	1 633 000
Total Assets	2 416 000	2 223 000	2 327 000	1 669 000
Total Equity	316 000	295 000	368 000	198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	468 000	559 000	649 000	314 000
Creditors	224 000	275 000	493 000	267 000
Unpaid Taxes	148 000	72 000	183 000	203 000
Dividends	0	0	0	0
Other Current Debt	1 260 000	1 021 000	634 000	688 000
Total Current Debt	1 632 000	1 369 000	1 311 000	1 158 000
Total Equity and Debt	2 416 000	2 223 000	2 327 000	1 669 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,65 %	−24,75 %	46,2 %	−76,77 %
Debt-to-Equity Ratio	1,48	1,89	1,76	1,59
Operating Profit Margin	1,48 %	−1,03 %	3,6 %	−2,93 %
Current Ratio	1,33	1,4	1,53	1,41
Quick Ratio	3,96	4,11	4,47	4,31
Equity Ratio	0,13	0,13	0,16	0,12
Gross Profit Margin	37,94 %	40,96 %	34,32 %	37,42 %