GLASSPAPER LEARNING AS

0667 OSLO

Finances

Share Ownership

Return on Equity

33,09 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	122 934 000	122 502 000	107 780 000	129 934 000
Net Income	6 872 000	10 836 000	7 391 000	11 263 000
Total Assets	47 478 000	41 767 000	37 130 000	44 410 000
Total Equity	20 767 000	13 894 000	11 249 000	10 906 000

Income (NOK)	2022	2021	2020	2019
Revenue	122 934 000	122 502 000	107 780 000	129 934 000
Expenditure	113 820 000	108 469 000	98 118 000	115 367 000
Operating Profit	9 113 000	14 033 000	9 662 000	14 567 000
Financial Income	405 000	308 000	742 000	182 000
Financial Costs	686 000	463 000	913 000	342 000
Financial Balance	−281 000	−155 000	−171 000	−160 000
Earnings Before Tax	8 833 000	13 878 000	9 491 000	14 406 000
Tax	1 961 000	3 042 000	2 100 000	3 143 000
Net Income	6 872 000	10 836 000	7 391 000	11 263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 287 000	1 485 000	1 531 000	1 168 000
Total Current Assets	45 191 000	40 282 000	35 599 000	43 242 000
Total Assets	47 478 000	41 767 000	37 130 000	44 410 000
Total Retained Equity	20 157 000	13 285 000	10 639 000	10 297 000
Total Equity	20 767 000	13 894 000	11 249 000	10 906 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	26 711 000	27 873 000	25 881 000	33 503 000
Total Equity and Debt	47 478 000	41 767 000	37 130 000	44 410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	122 773 000	122 323 000	106 957 000	129 749 000
Other Income	161 000	179 000	823 000	186 000
Revenue	122 934 000	122 502 000	107 780 000	129 934 000
Cost of Goods Sold	63 064 000	54 579 000	54 561 000	68 692 000
Salary Costs	32 764 000	34 131 000	26 597 000	32 306 000
Depreciation	980 000	621 000	470 000	161 000
Impairment	0	0	0	0
Expenditure	113 820 000	108 469 000	98 118 000	115 367 000
Operating Profit	9 113 000	14 033 000	9 662 000	14 567 000
Financial Income	405 000	308 000	742 000	182 000
Financial Costs	686 000	463 000	913 000	342 000
Financial Balance	−281 000	−155 000	−171 000	−160 000
Dividends	0	0	0	0
Net Income	6 872 000	10 836 000	7 391 000	11 263 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	516 000	692 000	958 000	530 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 403 000	791 000	529 000	638 000
Total Tangible Assets	1 403 000	791 000	529 000	638 000
Total Fiancial Fixed Assets	367 000	2 000	44 000	0
Total Fixed Assets	2 287 000	1 485 000	1 531 000	1 168 000
Stock	290 000	234 000	170 000	514 000
Total Investments	0	0	0	0
Cash, Bank	3 034 000	8 954 000	8 582 000	2 781 000
Total Current Assets	45 191 000	40 282 000	35 599 000	43 242 000
Total Assets	47 478 000	41 767 000	37 130 000	44 410 000
Total Equity	20 767 000	13 894 000	11 249 000	10 906 000
Short-Term Group Debt	11 284 000	9 728 000	10 584 000	16 770 000
Total Long-Term Debt	0	0	0	0
Creditors	5 709 000	7 053 000	8 829 000	7 194 000
Unpaid Taxes	2 260 000	2 695 000	2 489 000	2 384 000
Dividends	0	0	0	0
Other Current Debt	5 497 000	7 665 000	3 868 000	4 641 000
Total Current Debt	26 711 000	27 873 000	25 881 000	33 503 000
Total Equity and Debt	47 478 000	41 767 000	37 130 000	44 410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,09 %	77,99 %	65,7 %	103,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,41 %	11,46 %	8,96 %	11,21 %
Current Ratio	1,69	1,45	1,38	1,29
Quick Ratio	1,71	1,46	1,38	1,31
Equity Ratio	0,44	0,33	0,3	0,25
Gross Profit Margin	48,7 %	55,45 %	49,38 %	47,13 %