GLESVÆR SHIP DESIGN AS

5353 STRAUME

Finances

Share Ownership

Return on Equity

8,03 %

Current Ratio

2,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 569 000	5 893 000	3 950 000	8 032 000
Net Income	85 000	387 000	−37 000	826 000
Total Assets	2 003 000	2 116 000	1 654 000	2 700 000
Total Equity	1 059 000	974 000	837 000	874 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 569 000	5 893 000	3 950 000	8 032 000
Expenditure	4 457 000	5 391 000	3 995 000	6 995 000
Operating Profit	112 000	502 000	−45 000	1 036 000
Financial Income	0	0	1 000	24 000
Financial Costs	2 000	5 000	2 000	1 000
Financial Balance	−2 000	−5 000	−1 000	23 000
Earnings Before Tax	110 000	497 000	−47 000	1 059 000
Tax	25 000	110 000	−10 000	233 000
Net Income	85 000	387 000	−37 000	826 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	11 000	11 000	45 000
Total Current Assets	1 992 000	2 105 000	1 643 000	2 655 000
Total Assets	2 003 000	2 116 000	1 654 000	2 700 000
Total Retained Equity	959 000	874 000	737 000	773 000
Total Equity	1 059 000	974 000	837 000	874 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	943 000	1 142 000	817 000	1 826 000
Total Equity and Debt	2 003 000	2 116 000	1 654 000	2 700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 569 000	5 881 000	3 906 000	8 032 000
Other Income	0	12 000	44 000	0
Revenue	4 569 000	5 893 000	3 950 000	8 032 000
Cost of Goods Sold	65 000	516 000	232 000	1 132 000
Salary Costs	3 884 000	4 279 000	3 506 000	5 061 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 457 000	5 391 000	3 995 000	6 995 000
Operating Profit	112 000	502 000	−45 000	1 036 000
Financial Income	0	0	1 000	24 000
Financial Costs	2 000	5 000	2 000	1 000
Financial Balance	−2 000	−5 000	−1 000	23 000
Dividends	0	250 000	0	413 000
Net Income	85 000	387 000	−37 000	826 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	11 000	11 000	45 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000	11 000	11 000	45 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	434 000	1 575 000	331 000	1 432 000
Total Current Assets	1 992 000	2 105 000	1 643 000	2 655 000
Total Assets	2 003 000	2 116 000	1 654 000	2 700 000
Total Equity	1 059 000	974 000	837 000	874 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	75 000	0	17 000	41 000
Unpaid Taxes	482 000	389 000	423 000	656 000
Dividends	0	250 000	0	413 000
Other Current Debt	360 000	393 000	376 000	482 000
Total Current Debt	943 000	1 142 000	817 000	1 826 000
Total Equity and Debt	2 003 000	2 116 000	1 654 000	2 700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,03 %	39,73 %	−4,42 %	94,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,45 %	8,52 %	−1,14 %	12,9 %
Current Ratio	2,11	1,84	2,01	1,45
Quick Ratio	2,11	1,84	2,01	1,45
Equity Ratio	0,53	0,46	0,51	0,32
Gross Profit Margin	98,58 %	91,24 %	94,13 %	85,91 %