GLITRETIND AS

7091 TILLER

Finances

Return on Equity

−0,58 %

Current Ratio

1,03

Debt-to-Equity Ratio

4,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	215 900 000	214 591 000	211 258 000	264 711 000
Net Income	−223 000	659 000	9 670 000	15 319 000
Total Assets	292 911 000	252 564 000	190 064 000	182 948 000
Total Equity	38 748 000	42 743 000	45 902 000	41 232 000

Income (NOK)	2022	2021	2020	2019
Revenue	215 900 000	214 591 000	211 258 000	264 711 000
Expenditure	211 339 000	210 233 000	197 747 000	245 287 000
Operating Profit	4 562 000	4 358 000	13 511 000	19 424 000
Financial Income	7 918 000	3 551 000	5 829 000	6 683 000
Financial Costs	12 948 000	6 779 000	7 766 000	8 149 000
Financial Balance	−5 030 000	−3 228 000	−1 937 000	−1 466 000
Earnings Before Tax	−468 000	1 131 000	11 575 000	17 958 000
Tax	−244 000	472 000	1 905 000	2 639 000
Net Income	−223 000	659 000	9 670 000	15 319 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	198 510 000	152 042 000	114 709 000	96 966 000
Total Current Assets	94 400 000	100 522 000	75 356 000	85 982 000
Total Assets	292 911 000	252 564 000	190 064 000	182 948 000
Total Retained Equity	38 648 000	42 643 000	45 802 000	41 132 000
Total Equity	38 748 000	42 743 000	45 902 000	41 232 000
Total Long-Term Debt	162 443 000	116 479 000	87 168 000	76 088 000
Total Current Debt	91 720 000	93 342 000	56 994 000	65 628 000
Total Equity and Debt	292 911 000	252 564 000	190 064 000	182 948 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	215 900 000	214 512 000	206 806 000	264 324 000
Other Income	0	80 000	4 451 000	387 000
Revenue	215 900 000	214 591 000	211 258 000	264 711 000
Cost of Goods Sold	163 714 000	150 877 000	148 134 000	192 979 000
Salary Costs	21 622 000	25 314 000	21 351 000	21 414 000
Depreciation	2 639 000	3 028 000	2 000 000	1 392 000
Impairment	0	0	545 000	0
Expenditure	211 339 000	210 233 000	197 747 000	245 287 000
Operating Profit	4 562 000	4 358 000	13 511 000	19 424 000
Financial Income	7 918 000	3 551 000	5 829 000	6 683 000
Financial Costs	12 948 000	6 779 000	7 766 000	8 149 000
Financial Balance	−5 030 000	−3 228 000	−1 937 000	−1 466 000
Dividends	0	0	0	0
Net Income	−223 000	659 000	9 670 000	15 319 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	13 000	200 000	0	0
Total Intangible Assets	63 000	219 000	−188 000	−282 000
Real Eastate	178 942 000	131 749 000	93 957 000	76 241 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	632 000	938 000	700 000	395 000
Total Tangible Assets	179 574 000	132 687 000	94 657 000	76 636 000
Total Fiancial Fixed Assets	18 873 000	19 136 000	20 240 000	20 612 000
Total Fixed Assets	198 510 000	152 042 000	114 709 000	96 966 000
Stock	53 690 000	62 797 000	37 190 000	49 690 000
Total Investments	7 203 000	4 313 000	5 954 000	6 647 000
Cash, Bank	2 854 000	11 117 000	19 176 000	5 159 000
Total Current Assets	94 400 000	100 522 000	75 356 000	85 982 000
Total Assets	292 911 000	252 564 000	190 064 000	182 948 000
Total Equity	38 748 000	42 743 000	45 902 000	41 232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	162 443 000	116 479 000	87 168 000	76 088 000
Creditors	18 409 000	19 863 000	12 217 000	19 891 000
Unpaid Taxes	5 617 000	2 863 000	3 281 000	4 338 000
Dividends	0	0	0	0
Other Current Debt	18 591 000	21 349 000	2 761 000	5 958 000
Total Current Debt	91 720 000	93 342 000	56 994 000	65 628 000
Total Equity and Debt	292 911 000	252 564 000	190 064 000	182 948 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,58 %	1,54 %	21,07 %	37,15 %
Debt-to-Equity Ratio	4,19	2,73	1,9	1,85
Operating Profit Margin	2,11 %	2,03 %	6,4 %	7,34 %
Current Ratio	1,03	1,08	1,32	1,31
Quick Ratio	2,48	3,29	3,81	5,39
Equity Ratio	0,13	0,17	0,24	0,23
Gross Profit Margin	24,17 %	29,69 %	29,88 %	27,1 %