GLEMMEN EIENDOM 11 AS

1617 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

43,8 %

Current Ratio

0,17

Debt-to-Equity Ratio

7,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 712 000	4 445 000	4 481 000	4 344 000
Net Income	1 515 000	1 582 000	1 716 000	1 333 000
Total Assets	32 796 000	34 476 000	36 236 000	37 683 000
Total Equity	3 459 000	2 538 000	2 666 000	2 498 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 712 000	4 445 000	4 481 000	4 344 000
Expenditure	1 848 000	1 837 000	1 488 000	1 596 000
Operating Profit	2 864 000	2 608 000	2 993 000	2 748 000
Financial Income	0	0	0	1 000
Financial Costs	922 000	580 000	793 000	1 039 000
Financial Balance	−922 000	−580 000	−793 000	−1 038 000
Earnings Before Tax	1 943 000	2 028 000	2 201 000	1 709 000
Tax	427 000	446 000	484 000	376 000
Net Income	1 515 000	1 582 000	1 716 000	1 333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 448 000	34 226 000	35 482 000	36 533 000
Total Current Assets	348 000	251 000	754 000	1 150 000
Total Assets	32 796 000	34 476 000	36 236 000	37 683 000
Total Retained Equity	3 413 000	2 493 000	2 618 000	2 450 000
Total Equity	3 459 000	2 538 000	2 666 000	2 498 000
Total Long-Term Debt	27 307 000	29 412 000	31 498 000	33 501 000
Total Current Debt	2 031 000	2 525 000	2 072 000	1 684 000
Total Equity and Debt	32 796 000	34 476 000	36 236 000	37 683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 712 000	4 445 000	4 481 000	4 344 000
Revenue	4 712 000	4 445 000	4 481 000	4 344 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 625 000	1 625 000	1 341 000	1 340 000
Impairment	0	0	0	0
Expenditure	1 848 000	1 837 000	1 488 000	1 596 000
Operating Profit	2 864 000	2 608 000	2 993 000	2 748 000
Financial Income	0	0	0	1 000
Financial Costs	922 000	580 000	793 000	1 039 000
Financial Balance	−922 000	−580 000	−793 000	−1 038 000
Dividends	0	0	0	0
Net Income	1 515 000	1 582 000	1 716 000	1 333 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	32 448 000	33 969 000	35 125 000	36 466 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	32 448 000	33 969 000	35 125 000	36 466 000
Total Fiancial Fixed Assets	0	257 000	357 000	67 000
Total Fixed Assets	32 448 000	34 226 000	35 482 000	36 533 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	181 000	29 000	487 000	809 000
Total Current Assets	348 000	251 000	754 000	1 150 000
Total Assets	32 796 000	34 476 000	36 236 000	37 683 000
Total Equity	3 459 000	2 538 000	2 666 000	2 498 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 307 000	29 412 000	31 498 000	33 501 000
Creditors	0	90 000	44 000	44 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 716 000	2 435 000	2 028 000	1 640 000
Total Current Debt	2 031 000	2 525 000	2 072 000	1 684 000
Total Equity and Debt	32 796 000	34 476 000	36 236 000	37 683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,8 %	62,33 %	64,37 %	53,36 %
Debt-to-Equity Ratio	7,89	11,59	11,81	13,41
Operating Profit Margin	60,78 %	58,67 %	66,79 %	63,26 %
Current Ratio	0,17	0,1	0,36	0,68
Quick Ratio	0,17	0,1	0,36	0,68
Equity Ratio	0,11	0,07	0,07	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %