GLASSMESTER A. APPELBOM AS

9010 TROMSØ

Finances

Return on Equity

36,35 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 769 000	20 972 000	21 921 000	28 137 000
Net Income	2 243 000	1 586 000	1 136 000	1 198 000
Total Assets	13 489 000	11 942 000	11 263 000	10 467 000
Total Equity	6 171 000	6 927 000	6 842 000	6 706 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 769 000	20 972 000	21 921 000	28 137 000
Expenditure	21 920 000	18 921 000	20 422 000	26 552 000
Operating Profit	2 848 000	2 051 000	1 499 000	1 584 000
Financial Income	74 000	12 000	21 000	54 000
Financial Costs	27 000	25 000	37 000	57 000
Financial Balance	47 000	−13 000	−16 000	−3 000
Earnings Before Tax	2 895 000	2 038 000	1 484 000	1 582 000
Tax	651 000	452 000	348 000	384 000
Net Income	2 243 000	1 586 000	1 136 000	1 198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 247 000	3 419 000	3 142 000	883 000
Total Current Assets	10 241 000	8 523 000	8 121 000	9 584 000
Total Assets	13 489 000	11 942 000	11 263 000	10 467 000
Total Retained Equity	6 036 000	6 792 000	6 707 000	6 571 000
Total Equity	6 171 000	6 927 000	6 842 000	6 706 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 318 000	5 014 000	4 421 000	3 761 000
Total Equity and Debt	13 489 000	11 942 000	11 263 000	10 467 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 769 000	20 995 000	21 524 000	28 107 000
Other Income	0	−23 000	397 000	30 000
Revenue	24 769 000	20 972 000	21 921 000	28 137 000
Cost of Goods Sold	11 205 000	9 840 000	10 069 000	15 394 000
Salary Costs	7 317 000	5 973 000	6 593 000	7 461 000
Depreciation	93 000	113 000	175 000	264 000
Impairment	0	0	0	0
Expenditure	21 920 000	18 921 000	20 422 000	26 552 000
Operating Profit	2 848 000	2 051 000	1 499 000	1 584 000
Financial Income	74 000	12 000	21 000	54 000
Financial Costs	27 000	25 000	37 000	57 000
Financial Balance	47 000	−13 000	−16 000	−3 000
Dividends	3 000 000	1 500 000	1 000 000	0
Net Income	2 243 000	1 586 000	1 136 000	1 198 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	18 000	21 000	44 000
Real Eastate	450 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	146 000	688 000	384 000	589 000
Total Tangible Assets	596 000	688 000	384 000	589 000
Total Fiancial Fixed Assets	2 641 000	2 713 000	2 737 000	250 000
Total Fixed Assets	3 247 000	3 419 000	3 142 000	883 000
Stock	1 656 000	1 014 000	968 000	958 000
Total Investments	0	0	0	0
Cash, Bank	6 616 000	4 848 000	4 734 000	4 143 000
Total Current Assets	10 241 000	8 523 000	8 121 000	9 584 000
Total Assets	13 489 000	11 942 000	11 263 000	10 467 000
Total Equity	6 171 000	6 927 000	6 842 000	6 706 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 357 000	902 000	627 000	1 487 000
Unpaid Taxes	1 171 000	1 117 000	1 279 000	1 162 000
Dividends	3 000 000	1 500 000	1 000 000	0
Other Current Debt	1 146 000	1 047 000	1 190 000	719 000
Total Current Debt	7 318 000	5 014 000	4 421 000	3 761 000
Total Equity and Debt	13 489 000	11 942 000	11 263 000	10 467 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,35 %	22,9 %	16,6 %	17,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,5 %	9,78 %	6,84 %	5,63 %
Current Ratio	1,4	1,7	1,84	2,55
Quick Ratio	1,81	2,13	2,35	3,42
Equity Ratio	0,46	0,58	0,61	0,64
Gross Profit Margin	54,76 %	53,08 %	54,07 %	45,29 %