GLADE HJUL SYKKEL OG SKIEKSPERTEN AS

3513 HØNEFOSS

Finances

Share Ownership

Return on Equity

23,83 %

Current Ratio

1,5

Debt-to-Equity Ratio

1,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 744 000	12 968 000	12 644 000	9 328 000
Net Income	240 000	326 000	281 000	310 000
Total Assets	6 580 000	5 320 000	4 831 000	4 197 000
Total Equity	1 007 000	1 027 000	701 000	420 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 744 000	12 968 000	12 644 000	9 328 000
Expenditure	14 329 000	12 397 000	12 199 000	8 888 000
Operating Profit	415 000	571 000	446 000	441 000
Financial Income	1 000	0	0	0
Financial Costs	99 000	70 000	79 000	60 000
Financial Balance	−98 000	−70 000	−79 000	−60 000
Earnings Before Tax	318 000	500 000	367 000	381 000
Tax	78 000	174 000	86 000	71 000
Net Income	240 000	326 000	281 000	310 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	103 000	7 000	11 000
Total Current Assets	6 503 000	5 217 000	4 824 000	4 185 000
Total Assets	6 580 000	5 320 000	4 831 000	4 197 000
Total Retained Equity	967 000	987 000	661 000	380 000
Total Equity	1 007 000	1 027 000	701 000	420 000
Total Long-Term Debt	1 235 000	1 132 000	1 204 000	1 257 000
Total Current Debt	4 339 000	3 160 000	2 926 000	2 519 000
Total Equity and Debt	6 580 000	5 320 000	4 831 000	4 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 744 000	12 968 000	12 644 000	9 328 000
Other Income	0	0	0	0
Revenue	14 744 000	12 968 000	12 644 000	9 328 000
Cost of Goods Sold	9 808 000	9 217 000	9 573 000	6 704 000
Salary Costs	2 661 000	2 060 000	1 766 000	1 624 000
Depreciation	26 000	32 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	14 329 000	12 397 000	12 199 000	8 888 000
Operating Profit	415 000	571 000	446 000	441 000
Financial Income	1 000	0	0	0
Financial Costs	99 000	70 000	79 000	60 000
Financial Balance	−98 000	−70 000	−79 000	−60 000
Dividends	260 000	0	0	0
Net Income	240 000	326 000	281 000	310 000

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	77 000	103 000	7 000	11 000
Total Tangible Assets	77 000	103 000	7 000	11 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	77 000	103 000	7 000	11 000
Stock	5 440 000	3 851 000	2 469 000	1 952 000
Total Investments	0	0	0	0
Cash, Bank	86 000	374 000	137 000	149 000
Total Current Assets	6 503 000	5 217 000	4 824 000	4 185 000
Total Assets	6 580 000	5 320 000	4 831 000	4 197 000
Total Equity	1 007 000	1 027 000	701 000	420 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 235 000	1 132 000	1 204 000	1 257 000
Creditors	2 286 000	1 896 000	1 642 000	1 067 000
Unpaid Taxes	197 000	127 000	288 000	339 000
Dividends	260 000	0	0	0
Other Current Debt	327 000	963 000	611 000	1 043 000
Total Current Debt	4 339 000	3 160 000	2 926 000	2 519 000
Total Equity and Debt	6 580 000	5 320 000	4 831 000	4 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,83 %	31,74 %	40,09 %	73,81 %
Debt-to-Equity Ratio	1,23	1,1	1,72	2,99
Operating Profit Margin	2,81 %	4,4 %	3,53 %	4,73 %
Current Ratio	1,5	1,65	1,65	1,66
Quick Ratio	−5,91	−7,55	10,56	7,38
Equity Ratio	0,15	0,19	0,15	0,1
Gross Profit Margin	33,48 %	28,93 %	24,29 %	28,13 %