ERIK GLÆSTAD HOLDING AS

2825 GJØVIK

Finances

Return on Equity

−4,46 %

Current Ratio

0,95

Debt-to-Equity Ratio

−1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	182 000	293 000	249 000	0
Net Income	29 000	112 000	89 000	−8 000
Total Assets	562 000	536 000	77 000	17 000
Total Equity	−650 000	−679 000	−791 000	−791 000

Income (NOK)	2022	2021	2020	2019
Revenue	182 000	293 000	249 000	0
Expenditure	153 000	181 000	160 000	8 000
Operating Profit	29 000	112 000	89 000	−8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	29 000	112 000	89 000	−8 000
Tax	0	0	0	0
Net Income	29 000	112 000	89 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 000	124 000	17 000	17 000
Total Current Assets	438 000	412 000	60 000	0
Total Assets	562 000	536 000	77 000	17 000
Total Retained Equity	0	0	0	0
Total Equity	−650 000	−679 000	−791 000	−791 000
Total Long-Term Debt	750 000	750 000	740 000	740 000
Total Current Debt	462 000	465 000	129 000	69 000
Total Equity and Debt	562 000	536 000	77 000	17 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	182 000	293 000	249 000	0
Other Income	0	0	0	0
Revenue	182 000	293 000	249 000	0
Cost of Goods Sold	0	0	8 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	153 000	181 000	160 000	8 000
Operating Profit	29 000	112 000	89 000	−8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	29 000	112 000	89 000	−8 000

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	0
Fixtures	107 000	107 000	0	0
Total Tangible Assets	107 000	107 000	0	0
Total Fiancial Fixed Assets	17 000	17 000	17 000	17 000
Total Fixed Assets	124 000	124 000	17 000	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	16 000	7 000	0
Total Current Assets	438 000	412 000	60 000	0
Total Assets	562 000	536 000	77 000	17 000
Total Equity	−650 000	−679 000	−791 000	−791 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	750 000	750 000	740 000	740 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	462 000	465 000	129 000	69 000
Total Current Debt	462 000	465 000	129 000	69 000
Total Equity and Debt	562 000	536 000	77 000	17 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,46 %	−16,49 %	−11,25 %	1,01 %
Debt-to-Equity Ratio	−1,15	−1,1	−0,94	−0,94
Operating Profit Margin	15,93 %	38,23 %	35,74 %	-
Current Ratio	0,95	0,89	0,47	0
Quick Ratio	0,95	0,89	0,47	0
Equity Ratio	−1,16	−1,27	−10,27	−46,53
Gross Profit Margin	100 %	100 %	96,79 %	-