GLUGGVARDEN AS

4625 FLEKKERØY

Finances

Share Ownership

Return on Equity

14,08 %

Current Ratio

N/A

Debt-to-Equity Ratio

−7,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 000	84 000	84 000	86 000
Net Income	−110 000	−75 000	−92 000	−172 000
Total Assets	4 871 000	4 862 000	4 937 000	5 016 000
Total Equity	−781 000	−671 000	−597 000	−505 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 000	84 000	84 000	86 000
Expenditure	59 000	58 000	76 000	110 000
Operating Profit	25 000	26 000	8 000	−24 000
Financial Income	0	0	0	0
Financial Costs	166 000	121 000	126 000	196 000
Financial Balance	−166 000	−121 000	−126 000	−196 000
Earnings Before Tax	−141 000	−96 000	−118 000	−220 000
Tax	−31 000	−21 000	−26 000	−48 000
Net Income	−110 000	−75 000	−92 000	−172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 550 000	3 520 000	3 498 000	3 473 000
Total Current Assets	1 320 000	1 343 000	1 438 000	1 544 000
Total Assets	4 871 000	4 862 000	4 937 000	5 016 000
Total Retained Equity	−1 981 000	−1 871 000	−1 797 000	−1 705 000
Total Equity	−781 000	−671 000	−597 000	−505 000
Total Long-Term Debt	5 652 000	5 534 000	5 534 000	5 534 000
Total Current Debt	0	0	0	−13 000
Total Equity and Debt	4 871 000	4 862 000	4 937 000	5 016 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	84 000	84 000	84 000	86 000
Revenue	84 000	84 000	84 000	86 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	59 000	58 000	76 000	110 000
Operating Profit	25 000	26 000	8 000	−24 000
Financial Income	0	0	0	0
Financial Costs	166 000	121 000	126 000	196 000
Financial Balance	−166 000	−121 000	−126 000	−196 000
Dividends	0	0	0	0
Net Income	−110 000	−75 000	−92 000	−172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	591 000	560 000	539 000	513 000
Real Eastate	2 959 000	2 959 000	2 959 000	2 959 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 959 000	2 959 000	2 959 000	2 959 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 550 000	3 520 000	3 498 000	3 473 000
Stock	1 282 000	1 282 000	1 282 000	1 282 000
Total Investments	0	0	0	0
Cash, Bank	27 000	40 000	147 000	242 000
Total Current Assets	1 320 000	1 343 000	1 438 000	1 544 000
Total Assets	4 871 000	4 862 000	4 937 000	5 016 000
Total Equity	−781 000	−671 000	−597 000	−505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 652 000	5 534 000	5 534 000	5 534 000
Creditors	0	0	0	−13 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	0	−13 000
Total Equity and Debt	4 871 000	4 862 000	4 937 000	5 016 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,08 %	11,18 %	15,41 %	34,06 %
Debt-to-Equity Ratio	−7,24	−8,25	−9,27	−10,96
Operating Profit Margin	29,76 %	30,95 %	9,52 %	−27,91 %
Current Ratio	-	-	-	−118,77
Quick Ratio	−1,03	−1,05	−1,12	−1,19
Equity Ratio	−0,16	−0,14	−0,12	−0,1
Gross Profit Margin	100 %	100 %	100 %	100 %