INGRIDS GLASSVERKSTED-FJORDGLASS AS

6005 ÅLESUND

Finances

Share Ownership

Return on Equity

8,01 %

Current Ratio

4,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 128 000	957 000	1 315 000	1 481 000
Net Income	37 000	−6 000	233 000	355 000
Total Assets	596 000	601 000	862 000	465 000
Total Equity	462 000	425 000	431 000	197 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 128 000	957 000	1 315 000	1 481 000
Expenditure	1 083 000	940 000	1 091 000	1 037 000
Operating Profit	53 000	7 000	320 000	432 000
Financial Income	0	0	0	1 000
Financial Costs	5 000	14 000	21 000	89 000
Financial Balance	−5 000	−14 000	−21 000	−88 000
Earnings Before Tax	48 000	−7 000	299 000	344 000
Tax	11 000	−1 000	66 000	−11 000
Net Income	37 000	−6 000	233 000	355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	76 000	18 000	75 000
Total Current Assets	547 000	526 000	844 000	390 000
Total Assets	596 000	601 000	862 000	465 000
Total Retained Equity	362 000	325 000	331 000	97 000
Total Equity	462 000	425 000	431 000	197 000
Total Long-Term Debt	0	50 000	102 000	138 000
Total Current Debt	134 000	126 000	329 000	130 000
Total Equity and Debt	596 000	601 000	862 000	465 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 128 000	957 000	1 315 000	1 479 000
Other Income	0	0	0	2 000
Revenue	1 128 000	957 000	1 315 000	1 481 000
Cost of Goods Sold	50 000	195 000	102 000	36 000
Salary Costs	579 000	262 000	533 000	468 000
Depreciation	21 000	10 000	58 000	29 000
Impairment	0	0	0	0
Expenditure	1 083 000	940 000	1 091 000	1 037 000
Operating Profit	53 000	7 000	320 000	432 000
Financial Income	0	0	0	1 000
Financial Costs	5 000	14 000	21 000	89 000
Financial Balance	−5 000	−14 000	−21 000	−88 000
Dividends	0	0	0	0
Net Income	37 000	−6 000	233 000	355 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	13 000	12 000	11 000
Real Eastate	42 000	63 000	6 000	31 000
Machinery and Plant Facilities	0	0	0	33 000
Fixtures	0	0	0	0
Total Tangible Assets	42 000	63 000	6 000	64 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 000	76 000	18 000	75 000
Stock	349 000	342 000	352 000	256 000
Total Investments	0	0	0	0
Cash, Bank	184 000	175 000	475 000	89 000
Total Current Assets	547 000	526 000	844 000	390 000
Total Assets	596 000	601 000	862 000	465 000
Total Equity	462 000	425 000	431 000	197 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	50 000	102 000	138 000
Creditors	4 000	9 000	20 000	40 000
Unpaid Taxes	24 000	30 000	59 000	25 000
Dividends	0	0	0	0
Other Current Debt	100 000	87 000	184 000	65 000
Total Current Debt	134 000	126 000	329 000	130 000
Total Equity and Debt	596 000	601 000	862 000	465 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,01 %	−1,41 %	54,06 %	180,2 %
Debt-to-Equity Ratio	0	0,12	0,24	0,7
Operating Profit Margin	4,7 %	0,73 %	24,33 %	29,17 %
Current Ratio	4,08	4,17	2,57	3
Quick Ratio	−2,54	−2,44	−36,7	−3,1
Equity Ratio	0,78	0,71	0,5	0,42
Gross Profit Margin	95,57 %	79,62 %	92,24 %	97,57 %