GLANZ AS

1346 GJETTUM

Finances

Share Ownership

Return on Equity

3,43 %

Current Ratio

1,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 878 000	1 149 000	908 000	1 987 000
Net Income	14 000	110 000	−23 000	124 000
Total Assets	845 000	598 000	329 000	624 000
Total Equity	408 000	394 000	283 000	307 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 878 000	1 149 000	908 000	1 987 000
Expenditure	2 856 000	1 007 000	945 000	1 825 000
Operating Profit	22 000	143 000	−38 000	162 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	0	0
Earnings Before Tax	20 000	142 000	−38 000	162 000
Tax	6 000	32 000	−15 000	38 000
Net Income	14 000	110 000	−23 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	44 000	77 000	14 000
Total Current Assets	833 000	554 000	252 000	610 000
Total Assets	845 000	598 000	329 000	624 000
Total Retained Equity	378 000	364 000	253 000	277 000
Total Equity	408 000	394 000	283 000	307 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	437 000	204 000	46 000	317 000
Total Equity and Debt	845 000	598 000	329 000	624 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 822 000	689 000	662 000	1 233 000
Other Income	1 056 000	460 000	246 000	754 000
Revenue	2 878 000	1 149 000	908 000	1 987 000
Cost of Goods Sold	1 141 000	306 000	294 000	568 000
Salary Costs	1 184 000	316 000	354 000	859 000
Depreciation	33 000	33 000	21 000	41 000
Impairment	0	0	0	0
Expenditure	2 856 000	1 007 000	945 000	1 825 000
Operating Profit	22 000	143 000	−38 000	162 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	14 000	110 000	−23 000	124 000

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	12 000	44 000	77 000	14 000
Total Tangible Assets	12 000	44 000	77 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	44 000	77 000	14 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	493 000	455 000	144 000	333 000
Total Current Assets	833 000	554 000	252 000	610 000
Total Assets	845 000	598 000	329 000	624 000
Total Equity	408 000	394 000	283 000	307 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	130 000	26 000	7 000	45 000
Unpaid Taxes	252 000	109 000	5 000	164 000
Dividends	0	0	0	0
Other Current Debt	49 000	37 000	34 000	70 000
Total Current Debt	437 000	204 000	46 000	317 000
Total Equity and Debt	845 000	598 000	329 000	624 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,43 %	27,92 %	−8,13 %	40,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,76 %	12,45 %	−4,19 %	8,15 %
Current Ratio	1,91	2,72	5,48	1,92
Quick Ratio	1,91	2,72	5,48	1,92
Equity Ratio	0,48	0,66	0,86	0,49
Gross Profit Margin	60,35 %	73,37 %	67,62 %	71,41 %