GLASSLØSNINGER AS

4313 SANDNES

Finances

Return on Equity

44,01 %

Current Ratio

2,53

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 140 000	14 489 000	11 585 000	13 981 000
Net Income	903 000	334 000	−159 000	37 000
Total Assets	6 660 000	5 405 000	5 267 000	6 183 000
Total Equity	2 052 000	1 150 000	815 000	974 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 140 000	14 489 000	11 585 000	13 981 000
Expenditure	15 900 000	13 992 000	11 633 000	13 818 000
Operating Profit	1 240 000	497 000	−47 000	162 000
Financial Income	16 000	5 000	10 000	6 000
Financial Costs	144 000	131 000	134 000	118 000
Financial Balance	−128 000	−126 000	−124 000	−112 000
Earnings Before Tax	1 112 000	371 000	−172 000	51 000
Tax	209 000	36 000	−13 000	13 000
Net Income	903 000	334 000	−159 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	259 000	197 000	167 000	150 000
Total Current Assets	6 401 000	5 209 000	5 100 000	6 033 000
Total Assets	6 660 000	5 405 000	5 267 000	6 183 000
Total Retained Equity	1 640 000	738 000	403 000	562 000
Total Equity	2 052 000	1 150 000	815 000	974 000
Total Long-Term Debt	2 080 000	1 981 000	1 886 000	1 797 000
Total Current Debt	2 528 000	2 275 000	2 565 000	3 412 000
Total Equity and Debt	6 660 000	5 405 000	5 267 000	6 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 964 000	14 489 000	11 585 000	13 981 000
Other Income	176 000	0	0	0
Revenue	17 140 000	14 489 000	11 585 000	13 981 000
Cost of Goods Sold	8 765 000	7 402 000	5 764 000	7 404 000
Salary Costs	4 891 000	4 476 000	3 809 000	4 164 000
Depreciation	46 000	33 000	85 000	30 000
Impairment	0	0	0	0
Expenditure	15 900 000	13 992 000	11 633 000	13 818 000
Operating Profit	1 240 000	497 000	−47 000	162 000
Financial Income	16 000	5 000	10 000	6 000
Financial Costs	144 000	131 000	134 000	118 000
Financial Balance	−128 000	−126 000	−124 000	−112 000
Dividends	0	0	0	0
Net Income	903 000	334 000	−159 000	37 000

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	0	0	0	0
Fixtures	191 000	194 000	143 000	91 000
Total Tangible Assets	191 000	194 000	143 000	91 000
Total Fiancial Fixed Assets	68 000	3 000	23 000	58 000
Total Fixed Assets	259 000	197 000	167 000	150 000
Stock	2 400 000	2 194 000	2 549 000	2 599 000
Total Investments	0	0	0	0
Cash, Bank	182 000	242 000	148 000	150 000
Total Current Assets	6 401 000	5 209 000	5 100 000	6 033 000
Total Assets	6 660 000	5 405 000	5 267 000	6 183 000
Total Equity	2 052 000	1 150 000	815 000	974 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 080 000	1 981 000	1 886 000	1 797 000
Creditors	860 000	1 004 000	1 264 000	1 664 000
Unpaid Taxes	725 000	837 000	552 000	648 000
Dividends	0	0	0	0
Other Current Debt	450 000	398 000	355 000	487 000
Total Current Debt	2 528 000	2 275 000	2 565 000	3 412 000
Total Equity and Debt	6 660 000	5 405 000	5 267 000	6 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,01 %	29,04 %	−19,51 %	3,8 %
Debt-to-Equity Ratio	1,01	1,72	2,31	1,84
Operating Profit Margin	7,23 %	3,43 %	−0,41 %	1,16 %
Current Ratio	2,53	2,29	1,99	1,77
Quick Ratio	50,01	64,31	318,75	7,42
Equity Ratio	0,31	0,21	0,15	0,16
Gross Profit Margin	48,86 %	48,91 %	50,25 %	47,04 %