GLUCOSET AS

0349 OSLO

Finances

Return on Equity

−37,29 %

Current Ratio

0,72

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	900 000	190 000	22 000
Net Income	−5 762 000	−2 493 000	−2 962 000	−4 589 000
Total Assets	49 165 000	35 793 000	26 758 000	28 104 000
Total Equity	15 453 000	20 731 000	22 767 000	17 401 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	900 000	190 000	22 000
Expenditure	4 590 000	2 614 000	2 915 000	4 408 000
Operating Profit	−4 590 000	−1 714 000	−2 726 000	−4 386 000
Financial Income	43 000	28 000	229 000	51 000
Financial Costs	1 216 000	807 000	465 000	255 000
Financial Balance	−1 173 000	−779 000	−236 000	−204 000
Earnings Before Tax	−5 762 000	−2 493 000	−2 962 000	−4 589 000
Tax	0	0	0	0
Net Income	−5 762 000	−2 493 000	−2 962 000	−4 589 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 603 000	23 628 000	15 069 000	13 210 000
Total Current Assets	13 562 000	12 166 000	11 690 000	14 894 000
Total Assets	49 165 000	35 793 000	26 758 000	28 104 000
Total Retained Equity	485 000	0	0	−11 959 000
Total Equity	15 453 000	20 731 000	22 767 000	17 401 000
Total Long-Term Debt	14 951 000	7 849 000	985 000	985 000
Total Current Debt	18 760 000	7 213 000	3 007 000	9 718 000
Total Equity and Debt	49 165 000	35 793 000	26 758 000	28 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 447 000	12 547 000	−18 959 000	−19 676 000
Other Income	−8 447 000	−11 647 000	19 149 000	19 698 000
Revenue	0	900 000	190 000	22 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 378 000	499 000	629 000	823 000
Depreciation	371 000	732 000	421 000	308 000
Impairment	0	0	0	0
Expenditure	4 590 000	2 614 000	2 915 000	4 408 000
Operating Profit	−4 590 000	−1 714 000	−2 726 000	−4 386 000
Financial Income	43 000	28 000	229 000	51 000
Financial Costs	1 216 000	807 000	465 000	255 000
Financial Balance	−1 173 000	−779 000	−236 000	−204 000
Dividends	0	0	0	0
Net Income	−5 762 000	−2 493 000	−2 962 000	−4 589 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 356 000	23 029 000	14 196 000	12 031 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	131 000	305 000	0	0
Fixtures	116 000	294 000	873 000	1 179 000
Total Tangible Assets	247 000	598 000	873 000	1 179 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 603 000	23 628 000	15 069 000	13 210 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 505 000	3 463 000	793 000	8 471 000
Total Current Assets	13 562 000	12 166 000	11 690 000	14 894 000
Total Assets	49 165 000	35 793 000	26 758 000	28 104 000
Total Equity	15 453 000	20 731 000	22 767 000	17 401 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 951 000	7 849 000	985 000	985 000
Creditors	1 553 000	466 000	604 000	965 000
Unpaid Taxes	993 000	1 085 000	757 000	872 000
Dividends	0	0	0	0
Other Current Debt	12 287 000	1 781 000	1 516 000	7 881 000
Total Current Debt	18 760 000	7 213 000	3 007 000	9 718 000
Total Equity and Debt	49 165 000	35 793 000	26 758 000	28 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,29 %	−12,03 %	−13,01 %	−26,37 %
Debt-to-Equity Ratio	0,97	0,38	0,04	0,06
Operating Profit Margin	-	−190,44 %	−1 434,74 %	−19 936,36 %
Current Ratio	0,72	1,69	3,89	1,53
Quick Ratio	0,72	1,69	3,89	1,53
Equity Ratio	0,31	0,58	0,85	0,62
Gross Profit Margin	-	100 %	100 %	100 %