GLEMMEN EIENDOM 5 AS

1617 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−18,91 %

Current Ratio

1,08

Debt-to-Equity Ratio

−102,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 454 000	5 591 000	2 006 000	1 652 000
Net Income	202 000	1 039 000	1 000	−40 000
Total Assets	108 957 000	58 955 000	26 666 000	27 793 000
Total Equity	−1 068 000	2 219 000	928 000	926 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 454 000	5 591 000	2 006 000	1 652 000
Expenditure	3 713 000	3 116 000	1 363 000	1 158 000
Operating Profit	3 740 000	2 475 000	644 000	495 000
Financial Income	32 000	2 000	9 000	25 000
Financial Costs	3 508 000	1 144 000	652 000	792 000
Financial Balance	−3 476 000	−1 142 000	−643 000	−767 000
Earnings Before Tax	265 000	1 333 000	2 000	−272 000
Tax	63 000	293 000	0	−233 000
Net Income	202 000	1 039 000	1 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 285 000	58 662 000	24 427 000	25 417 000
Total Current Assets	672 000	293 000	2 239 000	2 375 000
Total Assets	108 957 000	58 955 000	26 666 000	27 793 000
Total Retained Equity	−2 136 000	1 151 000	1 000	0
Total Equity	−1 068 000	2 219 000	928 000	926 000
Total Long-Term Debt	109 400 000	56 269 000	25 648 000	26 688 000
Total Current Debt	625 000	467 000	91 000	179 000
Total Equity and Debt	108 957 000	58 955 000	26 666 000	27 793 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	323 000
Other Income	7 454 000	5 591 000	2 006 000	1 329 000
Revenue	7 454 000	5 591 000	2 006 000	1 652 000
Cost of Goods Sold	36 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 339 000	2 544 000	1 056 000	921 000
Impairment	0	0	0	0
Expenditure	3 713 000	3 116 000	1 363 000	1 158 000
Operating Profit	3 740 000	2 475 000	644 000	495 000
Financial Income	32 000	2 000	9 000	25 000
Financial Costs	3 508 000	1 144 000	652 000	792 000
Financial Balance	−3 476 000	−1 142 000	−643 000	−767 000
Dividends	0	0	0	0
Net Income	202 000	1 039 000	1 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	232 000	233 000
Real Eastate	108 285 000	52 343 000	24 195 000	25 185 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	108 285 000	52 343 000	24 195 000	25 185 000
Total Fiancial Fixed Assets	0	6 319 000	0	0
Total Fixed Assets	108 285 000	58 662 000	24 427 000	25 417 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	317 000	24 000	2 190 000	2 210 000
Total Current Assets	672 000	293 000	2 239 000	2 375 000
Total Assets	108 957 000	58 955 000	26 666 000	27 793 000
Total Equity	−1 068 000	2 219 000	928 000	926 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	109 400 000	56 269 000	25 648 000	26 688 000
Creditors	311 000	349 000	48 000	95 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	313 000	117 000	42 000	83 000
Total Current Debt	625 000	467 000	91 000	179 000
Total Equity and Debt	108 957 000	58 955 000	26 666 000	27 793 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,91 %	46,82 %	0,11 %	−4,32 %
Debt-to-Equity Ratio	−102,43	25,36	27,64	28,82
Operating Profit Margin	50,17 %	44,27 %	32,1 %	29,96 %
Current Ratio	1,08	0,63	24,6	13,27
Quick Ratio	1,08	0,63	24,6	13,27
Equity Ratio	−0,01	0,04	0,03	0,03
Gross Profit Margin	99,52 %	100 %	100 %	100 %