GLENNE BILLAKKERING AS

1781 HALDEN

Finances

Share Ownership

Return on Equity

30,25 %

Current Ratio

2,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 693 000	1 511 000	1 522 000	1 445 000
Net Income	121 000	98 000	249 000	42 000
Total Assets	684 000	567 000	613 000	333 000
Total Equity	400 000	339 000	291 000	142 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 693 000	1 511 000	1 522 000	1 445 000
Expenditure	1 521 000	1 372 000	1 282 000	1 356 000
Operating Profit	154 000	126 000	320 000	49 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	156 000	126 000	320 000	49 000
Tax	35 000	28 000	71 000	7 000
Net Income	121 000	98 000	249 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	24 000	33 000	47 000
Total Current Assets	669 000	543 000	580 000	286 000
Total Assets	684 000	567 000	613 000	333 000
Total Retained Equity	300 000	239 000	191 000	42 000
Total Equity	400 000	339 000	291 000	142 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	284 000	229 000	322 000	191 000
Total Equity and Debt	684 000	567 000	613 000	333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 693 000	1 511 000	1 509 000	1 445 000
Other Income	0	0	13 000	0
Revenue	1 693 000	1 511 000	1 522 000	1 445 000
Cost of Goods Sold	387 000	414 000	362 000	317 000
Salary Costs	613 000	537 000	502 000	601 000
Depreciation	9 000	9 000	14 000	7 000
Impairment	0	0	0	0
Expenditure	1 521 000	1 372 000	1 282 000	1 356 000
Operating Profit	154 000	126 000	320 000	49 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	60 000	50 000	100 000	0
Net Income	121 000	98 000	249 000	42 000

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	5 000
Fixtures	15 000	24 000	33 000	42 000
Total Tangible Assets	15 000	24 000	33 000	47 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	24 000	33 000	47 000
Stock	121 000	140 000	164 000	109 000
Total Investments	0	0	0	0
Cash, Bank	479 000	348 000	352 000	111 000
Total Current Assets	669 000	543 000	580 000	286 000
Total Assets	684 000	567 000	613 000	333 000
Total Equity	400 000	339 000	291 000	142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 000	37 000	31 000	95 000
Unpaid Taxes	86 000	57 000	67 000	30 000
Dividends	60 000	50 000	100 000	0
Other Current Debt	83 000	57 000	53 000	59 000
Total Current Debt	284 000	229 000	322 000	191 000
Total Equity and Debt	684 000	567 000	613 000	333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,25 %	28,91 %	85,57 %	29,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,1 %	8,34 %	21,02 %	3,39 %
Current Ratio	2,36	2,37	1,8	1,5
Quick Ratio	4,1	6,1	3,67	3,49
Equity Ratio	0,58	0,6	0,47	0,43
Gross Profit Margin	77,14 %	72,6 %	76,22 %	78,06 %