GLADENGVEIEN UTVIKLING AS

0250 OSLO

Finances

Share Ownership

Return on Equity

7,92 %

Current Ratio

2,85

Debt-to-Equity Ratio

1,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	203 417 000	36 145 000	4 312 000	0
Net Income	14 930 000	304 803 000	−928 000	−1 178 000
Total Assets	633 212 000	437 737 000	62 410 000	101 804 000
Total Equity	188 608 000	173 677 000	5 875 000	36 900 000

Income (NOK)	2022	2021	2020	2019
Revenue	203 417 000	36 145 000	4 312 000	0
Expenditure	184 547 000	34 213 000	2 647 000	43 000
Operating Profit	18 870 000	1 931 000	1 665 000	−43 000
Financial Income	425 000	305 787 000	148 000	1 564 000
Financial Costs	154 000	2 659 000	3 003 000	3 032 000
Financial Balance	271 000	303 128 000	−2 855 000	−1 468 000
Earnings Before Tax	19 141 000	305 060 000	−1 190 000	−1 511 000
Tax	4 211 000	257 000	−262 000	−332 000
Net Income	14 930 000	304 803 000	−928 000	−1 178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	322 547 000	326 061 000	31 093 000	91 241 000
Total Current Assets	310 665 000	111 676 000	31 317 000	10 563 000
Total Assets	633 212 000	437 737 000	62 410 000	101 804 000
Total Retained Equity	182 733 000	167 803 000	0	0
Total Equity	188 608 000	173 677 000	5 875 000	36 900 000
Total Long-Term Debt	335 698 000	0	53 900 000	53 900 000
Total Current Debt	108 907 000	264 060 000	2 635 000	11 004 000
Total Equity and Debt	633 212 000	437 737 000	62 410 000	101 804 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	203 417 000	36 145 000	4 312 000	0
Revenue	203 417 000	36 145 000	4 312 000	0
Cost of Goods Sold	182 987 000	30 949 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	1 076 000	0
Impairment	0	0	0	0
Expenditure	184 547 000	34 213 000	2 647 000	43 000
Operating Profit	18 870 000	1 931 000	1 665 000	−43 000
Financial Income	425 000	305 787 000	148 000	1 564 000
Financial Costs	154 000	2 659 000	3 003 000	3 032 000
Financial Balance	271 000	303 128 000	−2 855 000	−1 468 000
Dividends	0	137 000 000	0	0
Net Income	14 930 000	304 803 000	−928 000	−1 178 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 514 000	3 771 000	415 000
Real Eastate	0	0	27 323 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	27 323 000	0
Total Fiancial Fixed Assets	322 547 000	322 547 000	0	90 826 000
Total Fixed Assets	322 547 000	326 061 000	31 093 000	91 241 000
Stock	61 514 000	30 032 000	0	0
Total Investments	0	0	0	0
Cash, Bank	2 686 000	35 602 000	92 000	9 936 000
Total Current Assets	310 665 000	111 676 000	31 317 000	10 563 000
Total Assets	633 212 000	437 737 000	62 410 000	101 804 000
Total Equity	188 608 000	173 677 000	5 875 000	36 900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	335 698 000	0	53 900 000	53 900 000
Creditors	21 983 000	21 430 000	255 000	0
Unpaid Taxes	0	0	23 000	0
Dividends	0	137 000 000	0	0
Other Current Debt	86 923 000	52 630 000	2 357 000	2 114 000
Total Current Debt	108 907 000	264 060 000	2 635 000	11 004 000
Total Equity and Debt	633 212 000	437 737 000	62 410 000	101 804 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,92 %	175,5 %	−15,8 %	−3,19 %
Debt-to-Equity Ratio	1,78	0	9,17	1,46
Operating Profit Margin	9,28 %	5,34 %	38,61 %	-
Current Ratio	2,85	0,42	11,89	0,96
Quick Ratio	6,56	0,48	11,89	0,96
Equity Ratio	0,3	0,4	0,09	0,36
Gross Profit Margin	10,04 %	14,38 %	100 %	-