GLASSMESTER AUGUSTSON AS

2019 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

56,6 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 302 000	5 944 000	5 393 000	4 915 000
Net Income	163 000	214 000	−148 000	−164 000
Total Assets	1 275 000	950 000	1 030 000	1 145 000
Total Equity	288 000	125 000	−239 000	−76 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 302 000	5 944 000	5 393 000	4 915 000
Expenditure	6 070 000	5 664 000	5 509 000	5 091 000
Operating Profit	232 000	280 000	−117 000	−175 000
Financial Income	1 000	0	0	0
Financial Costs	24 000	9 000	63 000	34 000
Financial Balance	−23 000	−9 000	−63 000	−34 000
Earnings Before Tax	210 000	271 000	−179 000	−208 000
Tax	47 000	57 000	−31 000	−44 000
Net Income	163 000	214 000	−148 000	−164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	84 000	108 000	275 000	588 000
Total Current Assets	1 190 000	842 000	754 000	557 000
Total Assets	1 275 000	950 000	1 030 000	1 145 000
Total Retained Equity	228 000	65 000	−309 000	−161 000
Total Equity	288 000	125 000	−239 000	−76 000
Total Long-Term Debt	142 000	174 000	437 000	533 000
Total Current Debt	845 000	651 000	832 000	688 000
Total Equity and Debt	1 275 000	950 000	1 030 000	1 145 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 302 000	5 944 000	5 333 000	4 878 000
Other Income	0	0	60 000	37 000
Revenue	6 302 000	5 944 000	5 393 000	4 915 000
Cost of Goods Sold	2 305 000	2 070 000	1 823 000	1 623 000
Salary Costs	2 434 000	2 400 000	2 160 000	2 003 000
Depreciation	64 000	103 000	111 000	152 000
Impairment	0	0	0	0
Expenditure	6 070 000	5 664 000	5 509 000	5 091 000
Operating Profit	232 000	280 000	−117 000	−175 000
Financial Income	1 000	0	0	0
Financial Costs	24 000	9 000	63 000	34 000
Financial Balance	−23 000	−9 000	−63 000	−34 000
Dividends	0	0	0	0
Net Income	163 000	214 000	−148 000	−164 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	11 000	75 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	97 000	200 000	543 000
Total Tangible Assets	32 000	97 000	200 000	543 000
Total Fiancial Fixed Assets	33 000	0	0	0
Total Fixed Assets	84 000	108 000	275 000	588 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	755 000	454 000	348 000	289 000
Total Current Assets	1 190 000	842 000	754 000	557 000
Total Assets	1 275 000	950 000	1 030 000	1 145 000
Total Equity	288 000	125 000	−239 000	−76 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	142 000	174 000	437 000	533 000
Creditors	167 000	25 000	313 000	109 000
Unpaid Taxes	365 000	315 000	269 000	368 000
Dividends	0	0	0	0
Other Current Debt	258 000	273 000	250 000	211 000
Total Current Debt	845 000	651 000	832 000	688 000
Total Equity and Debt	1 275 000	950 000	1 030 000	1 145 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,6 %	171,2 %	61,92 %	215,79 %
Debt-to-Equity Ratio	0,49	1,39	−1,83	−7,01
Operating Profit Margin	3,68 %	4,71 %	−2,17 %	−3,56 %
Current Ratio	1,41	1,29	0,91	0,81
Quick Ratio	1,41	1,29	0,91	0,81
Equity Ratio	0,23	0,13	−0,23	−0,07
Gross Profit Margin	63,42 %	65,17 %	66,2 %	66,98 %