GLENGSGATA 21 AS

1606 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−0,35 %

Current Ratio

8,89

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	2 265 000	600 000	580 000
Net Income	−18 000	1 243 000	34 000	260 000
Total Assets	6 249 000	6 278 000	4 723 000	5 004 000
Total Equity	5 159 000	5 326 000	4 405 000	4 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	2 265 000	600 000	580 000
Expenditure	23 000	673 000	556 000	323 000
Operating Profit	−23 000	1 592 000	44 000	257 000
Financial Income	0	1 000	0	76 000
Financial Costs	0	0	1 000	0
Financial Balance	0	1 000	−1 000	76 000
Earnings Before Tax	−23 000	1 593 000	43 000	333 000
Tax	−5 000	351 000	9 000	73 000
Net Income	−18 000	1 243 000	34 000	260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	3 085 000	3 169 000
Total Current Assets	6 249 000	6 278 000	1 638 000	1 835 000
Total Assets	6 249 000	6 278 000	4 723 000	5 004 000
Total Retained Equity	3 964 000	4 131 000	3 210 000	3 209 000
Total Equity	5 159 000	5 326 000	4 405 000	4 404 000
Total Long-Term Debt	388 000	492 000	232 000	232 000
Total Current Debt	703 000	460 000	86 000	367 000
Total Equity and Debt	6 249 000	6 278 000	4 723 000	5 004 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	2 265 000	600 000	580 000
Revenue	0	2 265 000	600 000	580 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	84 000	84 000
Impairment	0	0	0	0
Expenditure	23 000	673 000	556 000	323 000
Operating Profit	−23 000	1 592 000	44 000	257 000
Financial Income	0	1 000	0	76 000
Financial Costs	0	0	1 000	0
Financial Balance	0	1 000	−1 000	76 000
Dividends	0	0	0	0
Net Income	−18 000	1 243 000	34 000	260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	3 085 000	3 169 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	3 085 000	3 169 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	3 085 000	3 169 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	62 000	136 000	1 016 000	1 000
Total Current Assets	6 249 000	6 278 000	1 638 000	1 835 000
Total Assets	6 249 000	6 278 000	4 723 000	5 004 000
Total Equity	5 159 000	5 326 000	4 405 000	4 404 000
Short-Term Group Debt	645 000	455 000	86 000	329 000
Total Long-Term Debt	388 000	492 000	232 000	232 000
Creditors	0	5 000	0	39 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	703 000	460 000	86 000	367 000
Total Equity and Debt	6 249 000	6 278 000	4 723 000	5 004 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,35 %	23,34 %	0,77 %	5,9 %
Debt-to-Equity Ratio	0,08	0,09	0,05	0,05
Operating Profit Margin	-	70,29 %	7,33 %	44,31 %
Current Ratio	8,89	13,65	19,05	5
Quick Ratio	8,89	13,65	19,05	5
Equity Ratio	0,83	0,85	0,93	0,88
Gross Profit Margin	-	100 %	100 %	100 %