GLASSVERKET AS

3045 DRAMMEN

Finances

Share Ownership

Return on Equity

5,81 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 628 000	7 034 000	7 623 000	7 624 000
Net Income	1 864 000	649 000	2 065 000	1 791 000
Total Assets	103 363 000	67 147 000	58 936 000	62 827 000
Total Equity	32 057 000	30 825 000	30 733 000	32 191 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 628 000	7 034 000	7 623 000	7 624 000
Expenditure	2 109 000	5 593 000	4 281 000	4 576 000
Operating Profit	3 519 000	1 441 000	3 342 000	3 048 000
Financial Income	159 000	0	15 000	27 000
Financial Costs	1 289 000	609 000	709 000	779 000
Financial Balance	−1 130 000	−609 000	−694 000	−752 000
Earnings Before Tax	2 389 000	833 000	2 648 000	2 296 000
Tax	526 000	183 000	582 000	505 000
Net Income	1 864 000	649 000	2 065 000	1 791 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 789 000	64 643 000	56 440 000	58 565 000
Total Current Assets	67 574 000	2 504 000	2 497 000	4 262 000
Total Assets	103 363 000	67 147 000	58 936 000	62 827 000
Total Retained Equity	1 759 000	527 000	435 000	1 893 000
Total Equity	32 057 000	30 825 000	30 733 000	32 191 000
Total Long-Term Debt	17 099 000	34 097 000	21 750 000	21 750 000
Total Current Debt	54 207 000	2 225 000	6 453 000	8 886 000
Total Equity and Debt	103 363 000	67 147 000	58 936 000	62 827 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 628 000	7 034 000	7 623 000	7 624 000
Revenue	5 628 000	7 034 000	7 623 000	7 624 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	145 000	1 104 000	2 943 000	2 957 000
Impairment	0	0	0	0
Expenditure	2 109 000	5 593 000	4 281 000	4 576 000
Operating Profit	3 519 000	1 441 000	3 342 000	3 048 000
Financial Income	159 000	0	15 000	27 000
Financial Costs	1 289 000	609 000	709 000	779 000
Financial Balance	−1 130 000	−609 000	−694 000	−752 000
Dividends	0	0	0	0
Net Income	1 864 000	649 000	2 065 000	1 791 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 402 000	3 749 000	3 775 000	3 364 000
Real Eastate	32 388 000	32 502 000	30 396 000	33 339 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	32 388 000	60 894 000	52 665 000	55 201 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 789 000	64 643 000	56 440 000	58 565 000
Stock	55 385 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 721 000	2 174 000	2 415 000	4 179 000
Total Current Assets	67 574 000	2 504 000	2 497 000	4 262 000
Total Assets	103 363 000	67 147 000	58 936 000	62 827 000
Total Equity	32 057 000	30 825 000	30 733 000	32 191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 099 000	34 097 000	21 750 000	21 750 000
Creditors	1 214 000	796 000	506 000	447 000
Unpaid Taxes	42 000	0	22 000	0
Dividends	0	0	0	0
Other Current Debt	1 200 000	1 430 000	5 925 000	8 439 000
Total Current Debt	54 207 000	2 225 000	6 453 000	8 886 000
Total Equity and Debt	103 363 000	67 147 000	58 936 000	62 827 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,81 %	2,11 %	6,72 %	5,56 %
Debt-to-Equity Ratio	0,53	1,11	0,71	0,68
Operating Profit Margin	62,53 %	20,49 %	43,84 %	39,98 %
Current Ratio	1,25	1,13	0,39	0,48
Quick Ratio	−57,36	1,13	0,39	0,48
Equity Ratio	0,31	0,46	0,52	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %