GLIMMERVEIEN EIENDOM AS

1816 SKIPTVET

Finances

Return on Equity

14,85 %

Current Ratio

0,04

Debt-to-Equity Ratio

6,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	720 000	853 000	889 000	678 000
Net Income	151 000	311 000	332 000	116 000
Total Assets	9 237 000	9 505 000	9 763 000	9 933 000
Total Equity	1 017 000	1 092 000	1 160 000	1 190 000

Income (NOK)	2022	2021	2020	2019
Revenue	720 000	853 000	889 000	678 000
Expenditure	313 000	306 000	319 000	311 000
Operating Profit	407 000	546 000	570 000	366 000
Financial Income	0	0	0	0
Financial Costs	213 000	147 000	184 000	198 000
Financial Balance	−213 000	−147 000	−184 000	−198 000
Earnings Before Tax	193 000	399 000	386 000	168 000
Tax	43 000	88 000	54 000	52 000
Net Income	151 000	311 000	332 000	116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 178 000	9 420 000	9 665 000	9 910 000
Total Current Assets	59 000	85 000	98 000	24 000
Total Assets	9 237 000	9 505 000	9 763 000	9 933 000
Total Retained Equity	16 000	91 000	159 000	189 000
Total Equity	1 017 000	1 092 000	1 160 000	1 190 000
Total Long-Term Debt	6 584 000	7 028 000	7 478 000	7 687 000
Total Current Debt	1 637 000	1 385 000	1 125 000	1 056 000
Total Equity and Debt	9 237 000	9 505 000	9 763 000	9 933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	163 000	200 000	0
Other Income	720 000	690 000	689 000	678 000
Revenue	720 000	853 000	889 000	678 000
Cost of Goods Sold	0	0	10 000	0
Salary Costs	0	0	0	0
Depreciation	263 000	263 000	263 000	263 000
Impairment	0	0	0	0
Expenditure	313 000	306 000	319 000	311 000
Operating Profit	407 000	546 000	570 000	366 000
Financial Income	0	0	0	0
Financial Costs	213 000	147 000	184 000	198 000
Financial Balance	−213 000	−147 000	−184 000	−198 000
Dividends	0	0	0	0
Net Income	151 000	311 000	332 000	116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	89 000	68 000	48 000	0
Real Eastate	6 429 000	6 693 000	6 956 000	7 220 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 429 000	6 693 000	6 956 000	7 220 000
Total Fiancial Fixed Assets	2 660 000	2 660 000	2 660 000	2 690 000
Total Fixed Assets	9 178 000	9 420 000	9 665 000	9 910 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	59 000	85 000	98 000	24 000
Total Current Assets	59 000	85 000	98 000	24 000
Total Assets	9 237 000	9 505 000	9 763 000	9 933 000
Total Equity	1 017 000	1 092 000	1 160 000	1 190 000
Short-Term Group Debt	1 490 000	1 190 000	701 000	237 000
Total Long-Term Debt	6 584 000	7 028 000	7 478 000	7 687 000
Creditors	0	2 000	5 000	4 000
Unpaid Taxes	141 000	163 000	163 000	160 000
Dividends	0	0	0	0
Other Current Debt	6 000	30 000	256 000	656 000
Total Current Debt	1 637 000	1 385 000	1 125 000	1 056 000
Total Equity and Debt	9 237 000	9 505 000	9 763 000	9 933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,85 %	28,48 %	28,62 %	9,75 %
Debt-to-Equity Ratio	6,47	6,44	6,45	6,46
Operating Profit Margin	56,53 %	64,01 %	64,12 %	53,98 %
Current Ratio	0,04	0,06	0,09	0,02
Quick Ratio	0,04	0,06	0,09	0,02
Equity Ratio	0,11	0,11	0,12	0,12
Gross Profit Margin	100 %	100 %	98,88 %	100 %