GLEDITSCH FARGEHANDEL AS

3211 SANDEFJORD

Finances

Share Ownership

Return on Equity

−5,62 %

Current Ratio

4,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 498 000	17 060 000	18 789 000	13 945 000
Net Income	−413 000	2 173 000	2 361 000	579 000
Total Assets	9 425 000	10 719 000	8 881 000	6 678 000
Total Equity	7 352 000	8 064 000	6 391 000	4 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 498 000	17 060 000	18 789 000	13 945 000
Expenditure	14 464 000	15 008 000	15 900 000	13 126 000
Operating Profit	1 034 000	2 052 000	2 889 000	819 000
Financial Income	1 000	602 000	263 000	1 000
Financial Costs	1 241 000	1 000	154 000	77 000
Financial Balance	−1 240 000	601 000	109 000	−76 000
Earnings Before Tax	−206 000	2 653 000	2 998 000	743 000
Tax	207 000	480 000	637 000	163 000
Net Income	−413 000	2 173 000	2 361 000	579 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 000	120 000	223 000	208 000
Total Current Assets	9 358 000	10 599 000	8 658 000	6 470 000
Total Assets	9 425 000	10 719 000	8 881 000	6 678 000
Total Retained Equity	6 113 000	6 826 000	5 153 000	2 792 000
Total Equity	7 352 000	8 064 000	6 391 000	4 030 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 073 000	2 654 000	2 490 000	2 648 000
Total Equity and Debt	9 425 000	10 719 000	8 881 000	6 678 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 498 000	17 052 000	18 789 000	13 944 000
Other Income	0	8 000	0	1 000
Revenue	15 498 000	17 060 000	18 789 000	13 945 000
Cost of Goods Sold	9 619 000	10 397 000	11 585 000	8 825 000
Salary Costs	2 462 000	2 332 000	2 225 000	2 078 000
Depreciation	82 000	103 000	81 000	41 000
Impairment	0	0	0	0
Expenditure	14 464 000	15 008 000	15 900 000	13 126 000
Operating Profit	1 034 000	2 052 000	2 889 000	819 000
Financial Income	1 000	602 000	263 000	1 000
Financial Costs	1 241 000	1 000	154 000	77 000
Financial Balance	−1 240 000	601 000	109 000	−76 000
Dividends	300 000	500 000	0	0
Net Income	−413 000	2 173 000	2 361 000	579 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	67 000	120 000	223 000	177 000
Total Tangible Assets	67 000	120 000	223 000	177 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	67 000	120 000	223 000	208 000
Stock	3 730 000	3 676 000	3 596 000	3 356 000
Total Investments	3 689 000	4 930 000	2 832 000	0
Cash, Bank	1 812 000	1 913 000	1 723 000	2 800 000
Total Current Assets	9 358 000	10 599 000	8 658 000	6 470 000
Total Assets	9 425 000	10 719 000	8 881 000	6 678 000
Total Equity	7 352 000	8 064 000	6 391 000	4 030 000
Short-Term Group Debt	−1 000	−1 000	−1 000	1 022 000
Total Long-Term Debt	0	0	0	0
Creditors	624 000	560 000	870 000	654 000
Unpaid Taxes	513 000	555 000	753 000	508 000
Dividends	300 000	500 000	0	0
Other Current Debt	430 000	561 000	262 000	314 000
Total Current Debt	2 073 000	2 654 000	2 490 000	2 648 000
Total Equity and Debt	9 425 000	10 719 000	8 881 000	6 678 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,62 %	26,95 %	36,94 %	14,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,67 %	12,03 %	15,38 %	5,87 %
Current Ratio	4,51	3,99	3,48	2,44
Quick Ratio	−5,65	−10,37	−7,83	−9,14
Equity Ratio	0,78	0,75	0,72	0,6
Gross Profit Margin	37,93 %	39,06 %	38,34 %	36,72 %