GLECO AS

3209 SANDEFJORD

Finances

Return on Equity

4,36 %

Current Ratio

10,46

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 111 000	1 554 000	5 378 000	5 425 000
Net Income	432 000	814 000	979 000	228 000
Total Assets	10 482 000	11 221 000	12 207 000	16 326 000
Total Equity	9 899 000	9 603 000	9 463 000	9 185 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 111 000	1 554 000	5 378 000	5 425 000
Expenditure	1 193 000	1 123 000	4 713 000	5 289 000
Operating Profit	−81 000	430 000	665 000	136 000
Financial Income	525 000	509 000	545 000	309 000
Financial Costs	26 000	29 000	150 000	217 000
Financial Balance	499 000	480 000	395 000	92 000
Earnings Before Tax	418 000	910 000	1 060 000	228 000
Tax	−14 000	96 000	81 000	0
Net Income	432 000	814 000	979 000	228 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 866 000	7 487 000	6 503 000	5 870 000
Total Current Assets	2 616 000	3 734 000	5 704 000	10 456 000
Total Assets	10 482 000	11 221 000	12 207 000	16 326 000
Total Retained Equity	9 001 000	8 704 000	8 565 000	8 286 000
Total Equity	9 899 000	9 603 000	9 463 000	9 185 000
Total Long-Term Debt	333 000	427 000	2 524 000	6 080 000
Total Current Debt	250 000	1 192 000	219 000	1 061 000
Total Equity and Debt	10 482 000	11 221 000	12 207 000	16 326 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	988 000	1 424 000	5 274 000	5 305 000
Other Income	124 000	129 000	104 000	120 000
Revenue	1 111 000	1 554 000	5 378 000	5 425 000
Cost of Goods Sold	31 000	1 000	3 956 000	4 361 000
Salary Costs	717 000	730 000	383 000	633 000
Depreciation	121 000	38 000	39 000	39 000
Impairment	0	0	0	0
Expenditure	1 193 000	1 123 000	4 713 000	5 289 000
Operating Profit	−81 000	430 000	665 000	136 000
Financial Income	525 000	509 000	545 000	309 000
Financial Costs	26 000	29 000	150 000	217 000
Financial Balance	499 000	480 000	395 000	92 000
Dividends	135 000	675 000	700 000	1 080 000
Net Income	432 000	814 000	979 000	228 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 313 000	2 313 000	2 260 000	2 260 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	415 000	536 000	58 000	97 000
Total Tangible Assets	2 729 000	2 849 000	2 319 000	2 358 000
Total Fiancial Fixed Assets	5 138 000	4 638 000	4 185 000	3 513 000
Total Fixed Assets	7 866 000	7 487 000	6 503 000	5 870 000
Stock	58 000	58 000	58 000	3 911 000
Total Investments	0	0	0	0
Cash, Bank	904 000	2 900 000	4 870 000	1 146 000
Total Current Assets	2 616 000	3 734 000	5 704 000	10 456 000
Total Assets	10 482 000	11 221 000	12 207 000	16 326 000
Total Equity	9 899 000	9 603 000	9 463 000	9 185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	333 000	427 000	2 524 000	6 080 000
Creditors	5 000	7 000	7 000	16 000
Unpaid Taxes	141 000	150 000	88 000	118 000
Dividends	135 000	675 000	700 000	1 080 000
Other Current Debt	80 000	82 000	46 000	83 000
Total Current Debt	250 000	1 192 000	219 000	1 061 000
Total Equity and Debt	10 482 000	11 221 000	12 207 000	16 326 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,36 %	8,48 %	10,35 %	2,48 %
Debt-to-Equity Ratio	0,03	0,04	0,27	0,66
Operating Profit Margin	−7,29 %	27,67 %	12,37 %	2,51 %
Current Ratio	10,46	3,13	26,05	9,85
Quick Ratio	13,63	3,29	35,43	−3,67
Equity Ratio	0,94	0,86	0,78	0,56
Gross Profit Margin	97,21 %	99,94 %	26,44 %	19,61 %