GLIMT GROUP AS

7243 KVENVÆR

Finances

Share Ownership

Return on Equity

70 %

Current Ratio

0,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	975 000	923 000	168 000	0
Net Income	7 000	24 000	138 000	−39 000
Total Assets	206 000	274 000	180 000	180 000
Total Equity	10 000	−148 000	−172 000	−310 000

Income (NOK)	2022	2021	2020	2019
Revenue	975 000	923 000	168 000	0
Expenditure	1 005 000	945 000	14 000	8 000
Operating Profit	19 000	41 000	154 000	−8 000
Financial Income	0	0	0	−31 000
Financial Costs	11 000	17 000	15 000	0
Financial Balance	−11 000	−17 000	−15 000	−31 000
Earnings Before Tax	7 000	24 000	138 000	−39 000
Tax	0	0	0	0
Net Income	7 000	24 000	138 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	180 000	180 000	180 000
Total Current Assets	141 000	94 000	0	0
Total Assets	206 000	274 000	180 000	180 000
Total Retained Equity	−320 000	−320 000	−343 000	−482 000
Total Equity	10 000	−148 000	−172 000	−310 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	196 000	422 000	352 000	490 000
Total Equity and Debt	206 000	274 000	180 000	180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	975 000	923 000	168 000	0
Other Income	0	0	0	0
Revenue	975 000	923 000	168 000	0
Cost of Goods Sold	311 000	590 000	0	0
Salary Costs	513 000	271 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 005 000	945 000	14 000	8 000
Operating Profit	19 000	41 000	154 000	−8 000
Financial Income	0	0	0	−31 000
Financial Costs	11 000	17 000	15 000	0
Financial Balance	−11 000	−17 000	−15 000	−31 000
Dividends	0	0	0	0
Net Income	7 000	24 000	138 000	−39 000

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	65 000	0	0	0
Total Tangible Assets	65 000	0	0	0
Total Fiancial Fixed Assets	0	180 000	180 000	180 000
Total Fixed Assets	65 000	180 000	180 000	180 000
Stock	111 000	63 000	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	18 000	0	0
Total Current Assets	141 000	94 000	0	0
Total Assets	206 000	274 000	180 000	180 000
Total Equity	10 000	−148 000	−172 000	−310 000
Short-Term Group Debt	0	0	6 000	186 000
Total Long-Term Debt	0	0	0	0
Creditors	13 000	51 000	0	−1 000
Unpaid Taxes	51 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	133 000	371 000	346 000	305 000
Total Current Debt	196 000	422 000	352 000	490 000
Total Equity and Debt	206 000	274 000	180 000	180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70 %	−16,22 %	−80,23 %	12,58 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	1,95 %	4,44 %	91,67 %	-
Current Ratio	0,72	0,22	0	0
Quick Ratio	1,66	0,26	0	0
Equity Ratio	0,05	−0,54	−0,96	−1,72
Gross Profit Margin	68,1 %	36,08 %	100 %	-