H S ODBERG GLASSMESTER AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

−604,55 %

Current Ratio

0,92

Debt-to-Equity Ratio

6,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 727 000	2 944 000	2 897 000	2 718 000
Net Income	−399 000	−3 000	79 000	64 000
Total Assets	910 000	1 025 000	962 000	967 000
Total Equity	66 000	465 000	469 000	390 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 727 000	2 944 000	2 897 000	2 718 000
Expenditure	3 097 000	2 954 000	2 788 000	2 629 000
Operating Profit	−371 000	10 000	90 000	83 000
Financial Income	0	0	0	5 000
Financial Costs	28 000	7 000	11 000	24 000
Financial Balance	−28 000	−7 000	−11 000	−19 000
Earnings Before Tax	−399 000	3 000	79 000	64 000
Tax	0	6 000	0	0
Net Income	−399 000	−3 000	79 000	64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	537 000	182 000	225 000	286 000
Total Current Assets	373 000	842 000	737 000	681 000
Total Assets	910 000	1 025 000	962 000	967 000
Total Retained Equity	−34 000	365 000	369 000	290 000
Total Equity	66 000	465 000	469 000	390 000
Total Long-Term Debt	437 000	105 000	150 000	198 000
Total Current Debt	406 000	454 000	343 000	380 000
Total Equity and Debt	910 000	1 025 000	962 000	967 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 712 000	2 944 000	2 897 000	2 668 000
Other Income	15 000	0	0	50 000
Revenue	2 727 000	2 944 000	2 897 000	2 718 000
Cost of Goods Sold	1 276 000	1 279 000	1 179 000	1 000 000
Salary Costs	1 254 000	1 206 000	1 143 000	1 154 000
Depreciation	148 000	64 000	54 000	60 000
Impairment	0	0	0	0
Expenditure	3 097 000	2 954 000	2 788 000	2 629 000
Operating Profit	−371 000	10 000	90 000	83 000
Financial Income	0	0	0	5 000
Financial Costs	28 000	7 000	11 000	24 000
Financial Balance	−28 000	−7 000	−11 000	−19 000
Dividends	0	0	0	0
Net Income	−399 000	−3 000	79 000	64 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 000	47 000	53 000	53 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	490 000	108 000	172 000	226 000
Total Tangible Assets	490 000	108 000	172 000	226 000
Total Fiancial Fixed Assets	0	27 000	0	7 000
Total Fixed Assets	537 000	182 000	225 000	286 000
Stock	159 000	159 000	140 000	158 000
Total Investments	0	0	0	0
Cash, Bank	172 000	450 000	152 000	179 000
Total Current Assets	373 000	842 000	737 000	681 000
Total Assets	910 000	1 025 000	962 000	967 000
Total Equity	66 000	465 000	469 000	390 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	437 000	105 000	150 000	198 000
Creditors	189 000	151 000	73 000	90 000
Unpaid Taxes	111 000	200 000	168 000	184 000
Dividends	0	0	0	0
Other Current Debt	106 000	102 000	102 000	106 000
Total Current Debt	406 000	454 000	343 000	380 000
Total Equity and Debt	910 000	1 025 000	962 000	967 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−604,55 %	−0,65 %	16,84 %	16,41 %
Debt-to-Equity Ratio	6,62	0,23	0,32	0,51
Operating Profit Margin	−13,6 %	0,34 %	3,11 %	3,05 %
Current Ratio	0,92	1,85	2,15	1,79
Quick Ratio	1,51	2,85	3,63	3,07
Equity Ratio	0,07	0,45	0,49	0,4
Gross Profit Margin	53,21 %	56,56 %	59,3 %	63,21 %