GLASSMESTER 1 AS

1472 FJELLHAMAR

Finances

Share Ownership

Return on Equity

62,61 %

Current Ratio

1,03

Debt-to-Equity Ratio

1,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	81 371 000	81 708 000	81 704 000	57 483 000
Net Income	1 981 000	2 024 000	3 424 000	565 000
Total Assets	24 137 000	19 869 000	20 181 000	15 003 000
Total Equity	3 164 000	1 183 000	4 089 000	665 000

Income (NOK)	2022	2021	2020	2019
Revenue	81 371 000	81 708 000	81 704 000	57 483 000
Expenditure	78 540 000	79 235 000	77 657 000	56 445 000
Operating Profit	2 922 000	2 748 000	4 047 000	1 038 000
Financial Income	5 000	3 000	456 000	35 000
Financial Costs	312 000	212 000	195 000	171 000
Financial Balance	−307 000	−209 000	261 000	−136 000
Earnings Before Tax	2 615 000	2 539 000	4 309 000	902 000
Tax	634 000	515 000	884 000	338 000
Net Income	1 981 000	2 024 000	3 424 000	565 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 286 000	9 317 000	9 318 000	4 350 000
Total Current Assets	15 852 000	10 551 000	10 864 000	10 653 000
Total Assets	24 137 000	19 869 000	20 181 000	15 003 000
Total Retained Equity	3 064 000	1 083 000	3 989 000	565 000
Total Equity	3 164 000	1 183 000	4 089 000	665 000
Total Long-Term Debt	5 583 000	6 419 000	4 904 000	1 818 000
Total Current Debt	15 391 000	12 267 000	11 188 000	12 520 000
Total Equity and Debt	24 137 000	19 869 000	20 181 000	15 003 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	81 173 000	81 473 000	81 658 000	57 474 000
Other Income	198 000	235 000	46 000	9 000
Revenue	81 371 000	81 708 000	81 704 000	57 483 000
Cost of Goods Sold	31 511 000	31 583 000	38 069 000	23 268 000
Salary Costs	21 697 000	21 960 000	22 842 000	19 326 000
Depreciation	2 187 000	2 274 000	1 677 000	1 285 000
Impairment	0	0	0	0
Expenditure	78 540 000	79 235 000	77 657 000	56 445 000
Operating Profit	2 922 000	2 748 000	4 047 000	1 038 000
Financial Income	5 000	3 000	456 000	35 000
Financial Costs	312 000	212 000	195 000	171 000
Financial Balance	−307 000	−209 000	261 000	−136 000
Dividends	0	4 930 000	0	0
Net Income	1 981 000	2 024 000	3 424 000	565 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	457 000	914 000	1 371 000	1 828 000
Total Intangible Assets	457 000	914 000	1 371 000	1 828 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 522 000	3 553 000	160 000	368 000
Fixtures	0	1 833 000	5 138 000	2 065 000
Total Tangible Assets	5 522 000	6 296 000	5 298 000	2 432 000
Total Fiancial Fixed Assets	2 307 000	2 107 000	2 648 000	89 000
Total Fixed Assets	8 286 000	9 317 000	9 318 000	4 350 000
Stock	1 166 000	1 074 000	800 000	1 124 000
Total Investments	0	0	0	0
Cash, Bank	6 848 000	3 468 000	2 904 000	3 536 000
Total Current Assets	15 852 000	10 551 000	10 864 000	10 653 000
Total Assets	24 137 000	19 869 000	20 181 000	15 003 000
Total Equity	3 164 000	1 183 000	4 089 000	665 000
Short-Term Group Debt	0	1 688 000	0	2 555 000
Total Long-Term Debt	5 583 000	6 419 000	4 904 000	1 818 000
Creditors	5 064 000	3 054 000	3 711 000	3 822 000
Unpaid Taxes	2 955 000	2 233 000	3 258 000	2 477 000
Dividends	0	4 930 000	0	0
Other Current Debt	6 738 000	4 777 000	3 335 000	2 380 000
Total Current Debt	15 391 000	12 267 000	11 188 000	12 520 000
Total Equity and Debt	24 137 000	19 869 000	20 181 000	15 003 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,61 %	171,09 %	83,74 %	84,96 %
Debt-to-Equity Ratio	1,76	5,43	1,2	2,73
Operating Profit Margin	3,59 %	3,36 %	4,95 %	1,81 %
Current Ratio	1,03	0,86	0,97	0,85
Quick Ratio	1,11	0,94	1,05	0,93
Equity Ratio	0,13	0,06	0,2	0,04
Gross Profit Margin	61,27 %	61,35 %	53,41 %	59,52 %