GLASS I NOR SOLSKJERMING AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

46,9 %

Current Ratio

5,38

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 973 000	2 410 000	7 582 000	1 729 000
Net Income	438 000	−673 000	3 123 000	−3 847 000
Total Assets	2 129 000	5 110 000	10 125 000	5 812 000
Total Equity	934 000	464 000	1 137 000	−1 986 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 973 000	2 410 000	7 582 000	1 729 000
Expenditure	4 409 000	3 289 000	3 276 000	1 323 000
Operating Profit	564 000	−879 000	4 306 000	405 000
Financial Income	3 000	122 000	1 000	0
Financial Costs	44 000	134 000	328 000	4 223 000
Financial Balance	−41 000	−12 000	−327 000	−4 223 000
Earnings Before Tax	523 000	−890 000	3 978 000	−3 817 000
Tax	84 000	−217 000	855 000	29 000
Net Income	438 000	−673 000	3 123 000	−3 847 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	122 000	4 185 000	3 799 000	5 727 000
Total Current Assets	2 007 000	926 000	6 326 000	85 000
Total Assets	2 129 000	5 110 000	10 125 000	5 812 000
Total Retained Equity	584 000	114 000	787 000	−2 336 000
Total Equity	934 000	464 000	1 137 000	−1 986 000
Total Long-Term Debt	822 000	3 091 000	7 650 000	6 944 000
Total Current Debt	373 000	1 555 000	1 338 000	854 000
Total Equity and Debt	2 129 000	5 110 000	10 125 000	5 812 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 292 000	0	0	0
Other Income	1 681 000	2 410 000	7 582 000	1 729 000
Revenue	4 973 000	2 410 000	7 582 000	1 729 000
Cost of Goods Sold	1 149 000	450 000	397 000	0
Salary Costs	1 499 000	1 532 000	1 020 000	0
Depreciation	1 000	104 000	229 000	208 000
Impairment	0	0	0	0
Expenditure	4 409 000	3 289 000	3 276 000	1 323 000
Operating Profit	564 000	−879 000	4 306 000	405 000
Financial Income	3 000	122 000	1 000	0
Financial Costs	44 000	134 000	328 000	4 223 000
Financial Balance	−41 000	−12 000	−327 000	−4 223 000
Dividends	0	0	0	0
Net Income	438 000	−673 000	3 123 000	−3 847 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	120 000	4 152 000	3 666 000	5 486 000
Machinery and Plant Facilities	0	0	46 000	121 000
Fixtures	2 000	3 000	40 000	69 000
Total Tangible Assets	122 000	4 155 000	3 752 000	5 676 000
Total Fiancial Fixed Assets	0	30 000	47 000	51 000
Total Fixed Assets	122 000	4 185 000	3 799 000	5 727 000
Stock	172 000	137 000	200 000	0
Total Investments	0	0	0	0
Cash, Bank	1 303 000	139 000	58 000	33 000
Total Current Assets	2 007 000	926 000	6 326 000	85 000
Total Assets	2 129 000	5 110 000	10 125 000	5 812 000
Total Equity	934 000	464 000	1 137 000	−1 986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	822 000	3 091 000	7 650 000	6 944 000
Creditors	100 000	495 000	421 000	204 000
Unpaid Taxes	100 000	269 000	121 000	41 000
Dividends	0	0	0	0
Other Current Debt	174 000	791 000	796 000	594 000
Total Current Debt	373 000	1 555 000	1 338 000	854 000
Total Equity and Debt	2 129 000	5 110 000	10 125 000	5 812 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,9 %	−145,04 %	274,67 %	193,71 %
Debt-to-Equity Ratio	0,88	6,66	6,73	−3,5
Operating Profit Margin	11,34 %	−36,47 %	56,79 %	23,42 %
Current Ratio	5,38	0,6	4,73	0,1
Quick Ratio	9,99	0,65	5,56	0,1
Equity Ratio	0,44	0,09	0,11	−0,34
Gross Profit Margin	76,9 %	81,33 %	94,76 %	100 %