GLASSMESTER ERLING ERIKSEN AS

9019 TROMSØ

Finances

Share Ownership

Return on Equity

5,67 %

Current Ratio

2,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 624 000	21 922 000	20 940 000	18 585 000
Net Income	269 000	899 000	1 841 000	−29 000
Total Assets	8 964 000	8 047 000	7 990 000	5 061 000
Total Equity	4 746 000	4 477 000	3 578 000	1 736 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 624 000	21 922 000	20 940 000	18 585 000
Expenditure	21 270 000	20 744 000	18 586 000	18 614 000
Operating Profit	355 000	1 179 000	2 353 000	−29 000
Financial Income	11 000	8 000	39 000	17 000
Financial Costs	20 000	34 000	32 000	34 000
Financial Balance	−9 000	−26 000	7 000	−17 000
Earnings Before Tax	346 000	1 153 000	2 360 000	−46 000
Tax	77 000	254 000	519 000	−18 000
Net Income	269 000	899 000	1 841 000	−29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	365 000	399 000	522 000	319 000
Total Current Assets	8 600 000	7 649 000	7 469 000	4 743 000
Total Assets	8 964 000	8 047 000	7 990 000	5 061 000
Total Retained Equity	4 145 000	3 876 000	2 977 000	1 135 000
Total Equity	4 746 000	4 477 000	3 578 000	1 736 000
Total Long-Term Debt	0	54 000	212 000	0
Total Current Debt	4 218 000	3 516 000	4 201 000	3 325 000
Total Equity and Debt	8 964 000	8 047 000	7 990 000	5 061 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 624 000	21 922 000	20 940 000	18 585 000
Other Income	0	0	0	0
Revenue	21 624 000	21 922 000	20 940 000	18 585 000
Cost of Goods Sold	9 493 000	9 261 000	8 402 000	8 640 000
Salary Costs	7 470 000	7 564 000	6 511 000	6 009 000
Depreciation	119 000	116 000	82 000	66 000
Impairment	0	0	0	0
Expenditure	21 270 000	20 744 000	18 586 000	18 614 000
Operating Profit	355 000	1 179 000	2 353 000	−29 000
Financial Income	11 000	8 000	39 000	17 000
Financial Costs	20 000	34 000	32 000	34 000
Financial Balance	−9 000	−26 000	7 000	−17 000
Dividends	0	0	0	0
Net Income	269 000	899 000	1 841 000	−29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	84 000	0	43 000	144 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	275 000	343 000	371 000	139 000
Total Tangible Assets	275 000	343 000	371 000	139 000
Total Fiancial Fixed Assets	6 000	55 000	107 000	36 000
Total Fixed Assets	365 000	399 000	522 000	319 000
Stock	1 574 000	1 741 000	1 024 000	1 210 000
Total Investments	0	0	0	0
Cash, Bank	3 317 000	3 504 000	3 217 000	269 000
Total Current Assets	8 600 000	7 649 000	7 469 000	4 743 000
Total Assets	8 964 000	8 047 000	7 990 000	5 061 000
Total Equity	4 746 000	4 477 000	3 578 000	1 736 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	54 000	212 000	0
Creditors	690 000	724 000	407 000	382 000
Unpaid Taxes	1 321 000	1 071 000	1 274 000	944 000
Dividends	0	0	0	0
Other Current Debt	1 992 000	1 565 000	2 102 000	1 790 000
Total Current Debt	4 218 000	3 516 000	4 201 000	3 325 000
Total Equity and Debt	8 964 000	8 047 000	7 990 000	5 061 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,67 %	20,08 %	51,45 %	−1,67 %
Debt-to-Equity Ratio	0	0,01	0,06	0
Operating Profit Margin	1,64 %	5,38 %	11,24 %	−0,16 %
Current Ratio	2,04	2,18	1,78	1,43
Quick Ratio	3,25	4,31	2,35	2,24
Equity Ratio	0,53	0,56	0,45	0,34
Gross Profit Margin	56,1 %	57,75 %	59,88 %	53,51 %