GLEMMEN GÅRD UTLEIEBYGG AS

1617 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−47,3 %

Current Ratio

3,01

Debt-to-Equity Ratio

22,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	756 000	836 000	765 000	735 000
Net Income	−193 000	119 000	97 000	111 000
Total Assets	9 971 000	3 768 000	4 059 000	4 153 000
Total Equity	408 000	476 000	358 000	261 000

Income (NOK)	2022	2021	2020	2019
Revenue	756 000	836 000	765 000	735 000
Expenditure	890 000	528 000	556 000	454 000
Operating Profit	−134 000	308 000	210 000	281 000
Financial Income	4 000	4 000	4 000	2 000
Financial Costs	117 000	161 000	90 000	140 000
Financial Balance	−113 000	−157 000	−86 000	−138 000
Earnings Before Tax	−247 000	152 000	124 000	142 000
Tax	−54 000	33 000	27 000	31 000
Net Income	−193 000	119 000	97 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 378 000	3 382 000	3 473 000	3 591 000
Total Current Assets	593 000	386 000	586 000	562 000
Total Assets	9 971 000	3 768 000	4 059 000	4 153 000
Total Retained Equity	167 000	360 000	241 000	145 000
Total Equity	408 000	476 000	358 000	261 000
Total Long-Term Debt	9 366 000	3 268 000	3 611 000	3 793 000
Total Current Debt	197 000	24 000	91 000	99 000
Total Equity and Debt	9 971 000	3 768 000	4 059 000	4 153 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	756 000	836 000	765 000	735 000
Revenue	756 000	836 000	765 000	735 000
Cost of Goods Sold	0	0	0	0
Salary Costs	138 000	91 000	96 000	91 000
Depreciation	155 000	91 000	119 000	119 000
Impairment	0	0	0	0
Expenditure	890 000	528 000	556 000	454 000
Operating Profit	−134 000	308 000	210 000	281 000
Financial Income	4 000	4 000	4 000	2 000
Financial Costs	117 000	161 000	90 000	140 000
Financial Balance	−113 000	−157 000	−86 000	−138 000
Dividends	0	0	0	0
Net Income	−193 000	119 000	97 000	111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 378 000	3 382 000	3 466 000	3 578 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	6 000	14 000
Total Tangible Assets	9 378 000	3 382 000	3 473 000	3 591 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 378 000	3 382 000	3 473 000	3 591 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	286 000	217 000	504 000	407 000
Total Current Assets	593 000	386 000	586 000	562 000
Total Assets	9 971 000	3 768 000	4 059 000	4 153 000
Total Equity	408 000	476 000	358 000	261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 366 000	3 268 000	3 611 000	3 793 000
Creditors	171 000	6 000	19 000	23 000
Unpaid Taxes	10 000	6 000	6 000	9 000
Dividends	0	0	0	0
Other Current Debt	17 000	12 000	66 000	68 000
Total Current Debt	197 000	24 000	91 000	99 000
Total Equity and Debt	9 971 000	3 768 000	4 059 000	4 153 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−47,3 %	25 %	27,09 %	42,53 %
Debt-to-Equity Ratio	22,96	6,87	10,09	14,53
Operating Profit Margin	−17,72 %	36,84 %	27,45 %	38,23 %
Current Ratio	3,01	16,08	6,44	5,68
Quick Ratio	3,01	16,08	6,44	5,68
Equity Ratio	0,04	0,13	0,09	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %