GLAMITEC NORGE AS

2619 LILLEHAMMER

Finances

Share Ownership

Return on Equity

9,21 %

Current Ratio

0,2

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 000	125 000	140 000	121 000
Net Income	−22 000	82 000	72 000	65 000
Total Assets	275 000	363 000	379 000	342 000
Total Equity	−239 000	−217 000	−299 000	−372 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 000	125 000	140 000	121 000
Expenditure	13 000	13 000	48 000	38 000
Operating Profit	0	111 000	92 000	83 000
Financial Income	0	0	0	0
Financial Costs	22 000	19 000	20 000	18 000
Financial Balance	−22 000	−19 000	−20 000	−18 000
Earnings Before Tax	−22 000	92 000	72 000	65 000
Tax	0	9 000	0	0
Net Income	−22 000	82 000	72 000	65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 000	173 000	183 000	183 000
Total Current Assets	102 000	190 000	196 000	160 000
Total Assets	275 000	363 000	379 000	342 000
Total Retained Equity	−639 000	−617 000	−699 000	−772 000
Total Equity	−239 000	−217 000	−299 000	−372 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	515 000	580 000	678 000	714 000
Total Equity and Debt	275 000	363 000	379 000	342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 000	125 000	140 000	121 000
Other Income	0	0	0	0
Revenue	13 000	125 000	140 000	121 000
Cost of Goods Sold	0	3 000	56 000	25 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 000	13 000	48 000	38 000
Operating Profit	0	111 000	92 000	83 000
Financial Income	0	0	0	0
Financial Costs	22 000	19 000	20 000	18 000
Financial Balance	−22 000	−19 000	−20 000	−18 000
Dividends	0	0	0	0
Net Income	−22 000	82 000	72 000	65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	173 000	173 000	183 000	183 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	173 000	173 000	183 000	183 000
Stock	101 000	101 000	104 000	160 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	102 000	190 000	196 000	160 000
Total Assets	275 000	363 000	379 000	342 000
Total Equity	−239 000	−217 000	−299 000	−372 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	37 000	37 000	118 000	177 000
Unpaid Taxes	0	21 000	32 000	7 000
Dividends	0	0	0	0
Other Current Debt	192 000	242 000	271 000	271 000
Total Current Debt	515 000	580 000	678 000	714 000
Total Equity and Debt	275 000	363 000	379 000	342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,21 %	−37,79 %	−24,08 %	−17,47 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	0 %	88,8 %	65,71 %	68,6 %
Current Ratio	0,2	0,33	0,29	0,22
Quick Ratio	0,25	0,4	0,34	0,29
Equity Ratio	−0,87	−0,6	−0,79	−1,09
Gross Profit Margin	100 %	97,6 %	60 %	79,34 %