GLASTADHEIA UTBYGGINGSSELSKAP AS

4905 TVEDESTRAND

Finances

Share Ownership

Return on Equity

31,04 %

Current Ratio

4,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 887 000	5 110 000	1 710 000	1 460 000
Net Income	1 059 000	1 229 000	60 000	−57 000
Total Assets	4 366 000	3 755 000	5 656 000	6 508 000
Total Equity	3 412 000	3 253 000	2 924 000	2 864 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 887 000	5 110 000	1 710 000	1 460 000
Expenditure	3 524 000	3 470 000	1 505 000	1 382 000
Operating Profit	1 362 000	1 640 000	205 000	79 000
Financial Income	0	0	0	1 000
Financial Costs	4 000	64 000	128 000	152 000
Financial Balance	−4 000	−64 000	−128 000	−151 000
Earnings Before Tax	1 358 000	1 576 000	77 000	−73 000
Tax	299 000	347 000	17 000	−16 000
Net Income	1 059 000	1 229 000	60 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	62 000	78 000
Total Current Assets	4 366 000	3 755 000	5 595 000	6 429 000
Total Assets	4 366 000	3 755 000	5 656 000	6 508 000
Total Retained Equity	3 352 000	3 193 000	2 864 000	2 804 000
Total Equity	3 412 000	3 253 000	2 924 000	2 864 000
Total Long-Term Debt	0	194 000	2 696 000	3 490 000
Total Current Debt	954 000	308 000	37 000	154 000
Total Equity and Debt	4 366 000	3 755 000	5 656 000	6 508 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 887 000	5 110 000	1 710 000	1 460 000
Other Income	0	0	0	0
Revenue	4 887 000	5 110 000	1 710 000	1 460 000
Cost of Goods Sold	3 131 000	3 430 000	1 450 000	1 318 000
Salary Costs	342 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 524 000	3 470 000	1 505 000	1 382 000
Operating Profit	1 362 000	1 640 000	205 000	79 000
Financial Income	0	0	0	1 000
Financial Costs	4 000	64 000	128 000	152 000
Financial Balance	−4 000	−64 000	−128 000	−151 000
Dividends	450 000	0	0	0
Net Income	1 059 000	1 229 000	60 000	−57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	62 000	78 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	62 000	78 000
Stock	1 882 000	1 698 000	4 663 000	5 517 000
Total Investments	0	0	0	0
Cash, Bank	2 227 000	2 057 000	882 000	787 000
Total Current Assets	4 366 000	3 755 000	5 595 000	6 429 000
Total Assets	4 366 000	3 755 000	5 656 000	6 508 000
Total Equity	3 412 000	3 253 000	2 924 000	2 864 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	194 000	2 696 000	3 490 000
Creditors	38 000	19 000	16 000	0
Unpaid Taxes	163 000	0	0	0
Dividends	450 000	0	0	0
Other Current Debt	4 000	4 000	20 000	154 000
Total Current Debt	954 000	308 000	37 000	154 000
Total Equity and Debt	4 366 000	3 755 000	5 656 000	6 508 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,04 %	37,78 %	2,05 %	−1,99 %
Debt-to-Equity Ratio	0	0,06	0,92	1,22
Operating Profit Margin	27,87 %	32,09 %	11,99 %	5,41 %
Current Ratio	4,58	12,19	151,22	41,75
Quick Ratio	−4,7	−2,7	−1,21	−1,2
Equity Ratio	0,78	0,87	0,52	0,44
Gross Profit Margin	35,93 %	32,88 %	15,2 %	9,73 %