GLÅMDAL MASKIN AS

2260 KIRKENÆR

Finances

Return on Equity

5,8 %

Current Ratio

2,35

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 241 000	13 179 000	8 346 000	8 029 000
Net Income	159 000	960 000	400 000	164 000
Total Assets	4 999 000	6 000 000	4 266 000	3 239 000
Total Equity	2 743 000	2 584 000	1 623 000	1 223 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 241 000	13 179 000	8 346 000	8 029 000
Expenditure	10 987 000	11 890 000	7 844 000	7 806 000
Operating Profit	254 000	1 289 000	502 000	223 000
Financial Income	11 000	13 000	32 000	13 000
Financial Costs	57 000	37 000	31 000	35 000
Financial Balance	−46 000	−24 000	1 000	−22 000
Earnings Before Tax	208 000	1 265 000	503 000	201 000
Tax	49 000	305 000	103 000	38 000
Net Income	159 000	960 000	400 000	164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	189 000	302 000	401 000	456 000
Total Current Assets	4 811 000	5 698 000	3 865 000	2 783 000
Total Assets	4 999 000	6 000 000	4 266 000	3 239 000
Total Retained Equity	2 637 000	2 478 000	1 517 000	1 117 000
Total Equity	2 743 000	2 584 000	1 623 000	1 223 000
Total Long-Term Debt	208 000	289 000	376 000	445 000
Total Current Debt	2 048 000	3 128 000	2 267 000	1 571 000
Total Equity and Debt	4 999 000	6 000 000	4 266 000	3 239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 233 000	12 980 000	8 133 000	8 004 000
Other Income	8 000	199 000	214 000	25 000
Revenue	11 241 000	13 179 000	8 346 000	8 029 000
Cost of Goods Sold	9 055 000	10 006 000	6 305 000	6 261 000
Salary Costs	789 000	824 000	638 000	606 000
Depreciation	114 000	115 000	112 000	70 000
Impairment	0	0	0	0
Expenditure	10 987 000	11 890 000	7 844 000	7 806 000
Operating Profit	254 000	1 289 000	502 000	223 000
Financial Income	11 000	13 000	32 000	13 000
Financial Costs	57 000	37 000	31 000	35 000
Financial Balance	−46 000	−24 000	1 000	−22 000
Dividends	0	0	0	0
Net Income	159 000	960 000	400 000	164 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	23 000	31 000	41 000	11 000
Fixtures	151 000	256 000	345 000	420 000
Total Tangible Assets	174 000	287 000	386 000	431 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	25 000
Total Fixed Assets	189 000	302 000	401 000	456 000
Stock	2 249 000	2 596 000	1 528 000	1 740 000
Total Investments	0	0	0	0
Cash, Bank	1 247 000	674 000	833 000	131 000
Total Current Assets	4 811 000	5 698 000	3 865 000	2 783 000
Total Assets	4 999 000	6 000 000	4 266 000	3 239 000
Total Equity	2 743 000	2 584 000	1 623 000	1 223 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	208 000	289 000	376 000	445 000
Creditors	1 531 000	2 206 000	1 527 000	977 000
Unpaid Taxes	384 000	463 000	292 000	190 000
Dividends	0	0	0	0
Other Current Debt	84 000	147 000	353 000	367 000
Total Current Debt	2 048 000	3 128 000	2 267 000	1 571 000
Total Equity and Debt	4 999 000	6 000 000	4 266 000	3 239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,8 %	37,15 %	24,65 %	13,41 %
Debt-to-Equity Ratio	0,08	0,11	0,23	0,36
Operating Profit Margin	2,26 %	9,78 %	6,01 %	2,78 %
Current Ratio	2,35	1,82	1,7	1,77
Quick Ratio	−23,94	10,71	5,23	−16,47
Equity Ratio	0,55	0,43	0,38	0,38
Gross Profit Margin	19,45 %	24,08 %	24,45 %	22,02 %