GLOMMA ELEKTRO AS

1920 SØRUMSAND

Finances

Share Ownership

Return on Equity

95,8 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 508 000	22 400 000	20 210 000	16 151 000
Net Income	2 466 000	3 122 000	2 195 000	1 889 000
Total Assets	9 899 000	8 958 000	7 492 000	6 016 000
Total Equity	2 574 000	3 307 000	2 385 000	1 990 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 508 000	22 400 000	20 210 000	16 151 000
Expenditure	26 415 000	18 464 000	17 436 000	13 754 000
Operating Profit	3 094 000	3 935 000	2 774 000	2 397 000
Financial Income	75 000	68 000	42 000	34 000
Financial Costs	3 000	1 000	3 000	2 000
Financial Balance	72 000	67 000	39 000	32 000
Earnings Before Tax	3 165 000	4 003 000	2 813 000	2 428 000
Tax	699 000	881 000	619 000	539 000
Net Income	2 466 000	3 122 000	2 195 000	1 889 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 143 000	1 163 000	1 386 000	1 588 000
Total Current Assets	8 756 000	7 794 000	6 105 000	4 428 000
Total Assets	9 899 000	8 958 000	7 492 000	6 016 000
Total Retained Equity	2 474 000	3 207 000	2 285 000	1 890 000
Total Equity	2 574 000	3 307 000	2 385 000	1 990 000
Total Long-Term Debt	217 000	566 000	306 000	190 000
Total Current Debt	7 109 000	5 085 000	4 801 000	3 836 000
Total Equity and Debt	9 899 000	8 958 000	7 492 000	6 016 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 362 000	22 400 000	20 138 000	16 151 000
Other Income	146 000	0	72 000	0
Revenue	29 508 000	22 400 000	20 210 000	16 151 000
Cost of Goods Sold	14 342 000	8 283 000	7 426 000	4 757 000
Salary Costs	9 250 000	7 832 000	7 675 000	6 793 000
Depreciation	223 000	223 000	319 000	296 000
Impairment	0	0	0	0
Expenditure	26 415 000	18 464 000	17 436 000	13 754 000
Operating Profit	3 094 000	3 935 000	2 774 000	2 397 000
Financial Income	75 000	68 000	42 000	34 000
Financial Costs	3 000	1 000	3 000	2 000
Financial Balance	72 000	67 000	39 000	32 000
Dividends	0	0	0	0
Net Income	2 466 000	3 122 000	2 195 000	1 889 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	577 000	721 000	865 000	1 009 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	566 000	442 000	521 000	579 000
Total Tangible Assets	1 143 000	1 163 000	1 386 000	1 588 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 143 000	1 163 000	1 386 000	1 588 000
Stock	1 317 000	1 359 000	1 163 000	883 000
Total Investments	0	0	0	0
Cash, Bank	283 000	178 000	316 000	289 000
Total Current Assets	8 756 000	7 794 000	6 105 000	4 428 000
Total Assets	9 899 000	8 958 000	7 492 000	6 016 000
Total Equity	2 574 000	3 307 000	2 385 000	1 990 000
Short-Term Group Debt	759 000	0	0	0
Total Long-Term Debt	217 000	566 000	306 000	190 000
Creditors	515 000	140 000	44 000	115 000
Unpaid Taxes	1 496 000	1 384 000	1 347 000	1 151 000
Dividends	0	0	0	0
Other Current Debt	3 261 000	2 925 000	2 887 000	2 073 000
Total Current Debt	7 109 000	5 085 000	4 801 000	3 836 000
Total Equity and Debt	9 899 000	8 958 000	7 492 000	6 016 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,8 %	94,41 %	92,03 %	94,92 %
Debt-to-Equity Ratio	0,08	0,17	0,13	0,1
Operating Profit Margin	10,49 %	17,57 %	13,73 %	14,84 %
Current Ratio	1,23	1,53	1,27	1,15
Quick Ratio	1,51	2,09	1,68	1,5
Equity Ratio	0,26	0,37	0,32	0,33
Gross Profit Margin	51,4 %	63,02 %	63,26 %	70,55 %