GLITRE BIL AS

3550 GOL

Finances

Return on Equity

30,32 %

Current Ratio

2,77

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 576 000	44 637 000	30 531 000	25 282 000
Net Income	3 330 000	2 857 000	144 000	127 000
Total Assets	18 242 000	10 963 000	6 812 000	7 441 000
Total Equity	10 982 000	7 652 000	4 795 000	4 651 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 576 000	44 637 000	30 531 000	25 282 000
Expenditure	60 296 000	40 944 000	30 327 000	25 102 000
Operating Profit	4 280 000	3 692 000	204 000	180 000
Financial Income	4 000	4 000	7 000	10 000
Financial Costs	15 000	33 000	27 000	27 000
Financial Balance	−11 000	−29 000	−20 000	−17 000
Earnings Before Tax	4 269 000	3 663 000	185 000	162 000
Tax	939 000	806 000	41 000	36 000
Net Income	3 330 000	2 857 000	144 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	369 000	537 000	457 000	447 000
Total Current Assets	17 873 000	10 426 000	6 355 000	6 994 000
Total Assets	18 242 000	10 963 000	6 812 000	7 441 000
Total Retained Equity	10 507 000	7 177 000	4 320 000	4 176 000
Total Equity	10 982 000	7 652 000	4 795 000	4 651 000
Total Long-Term Debt	800 000	1 000 000	0	500 000
Total Current Debt	6 460 000	2 311 000	2 017 000	2 290 000
Total Equity and Debt	18 242 000	10 963 000	6 812 000	7 441 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 576 000	44 637 000	30 531 000	25 282 000
Other Income	0	0	0	0
Revenue	64 576 000	44 637 000	30 531 000	25 282 000
Cost of Goods Sold	52 926 000	34 511 000	22 980 000	17 428 000
Salary Costs	4 651 000	3 899 000	5 152 000	5 075 000
Depreciation	115 000	76 000	78 000	81 000
Impairment	0	0	0	0
Expenditure	60 296 000	40 944 000	30 327 000	25 102 000
Operating Profit	4 280 000	3 692 000	204 000	180 000
Financial Income	4 000	4 000	7 000	10 000
Financial Costs	15 000	33 000	27 000	27 000
Financial Balance	−11 000	−29 000	−20 000	−17 000
Dividends	0	0	0	0
Net Income	3 330 000	2 857 000	144 000	127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	160 000	148 000	153 000	65 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	209 000	389 000	303 000	381 000
Total Tangible Assets	209 000	389 000	303 000	381 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	369 000	537 000	457 000	447 000
Stock	11 565 000	7 833 000	3 169 000	5 915 000
Total Investments	0	0	0	0
Cash, Bank	2 367 000	1 096 000	3 086 000	529 000
Total Current Assets	17 873 000	10 426 000	6 355 000	6 994 000
Total Assets	18 242 000	10 963 000	6 812 000	7 441 000
Total Equity	10 982 000	7 652 000	4 795 000	4 651 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	800 000	1 000 000	0	500 000
Creditors	1 736 000	502 000	514 000	373 000
Unpaid Taxes	393 000	613 000	844 000	761 000
Dividends	0	0	0	0
Other Current Debt	1 941 000	396 000	528 000	521 000
Total Current Debt	6 460 000	2 311 000	2 017 000	2 290 000
Total Equity and Debt	18 242 000	10 963 000	6 812 000	7 441 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,32 %	37,34 %	3 %	2,73 %
Debt-to-Equity Ratio	0,07	0,13	0	0,11
Operating Profit Margin	6,63 %	8,27 %	0,67 %	0,71 %
Current Ratio	2,77	4,51	3,15	3,05
Quick Ratio	−3,5	−1,89	−5,52	−1,93
Equity Ratio	0,6	0,7	0,7	0,63
Gross Profit Margin	18,04 %	22,69 %	24,73 %	31,07 %