GARVIK-GRUPPEN AS

4250 KOPERVIK

Finances

Return on Equity

15,02 %

Current Ratio

0,74

Debt-to-Equity Ratio

7,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	37 326 000	53 370 000	97 259 000
Net Income	392 000	150 000	1 834 000	4 264 000
Total Assets	22 641 000	110 404 000	62 449 000	61 501 000
Total Equity	2 610 000	5 378 000	5 828 000	7 490 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	37 326 000	53 370 000	97 259 000
Expenditure	64 000	35 542 000	48 882 000	89 371 000
Operating Profit	−64 000	1 784 000	4 488 000	7 888 000
Financial Income	456 000	1 251 000	0	38 000
Financial Costs	0	3 178 000	1 991 000	3 141 000
Financial Balance	456 000	−1 927 000	−1 991 000	−3 103 000
Earnings Before Tax	392 000	−143 000	2 497 000	4 785 000
Tax	0	−293 000	663 000	521 000
Net Income	392 000	150 000	1 834 000	4 264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 184 000	13 008 000	15 014 000	14 984 000
Total Current Assets	458 000	97 396 000	47 435 000	46 517 000
Total Assets	22 641 000	110 404 000	62 449 000	61 501 000
Total Retained Equity	−561 000	2 207 000	2 657 000	4 319 000
Total Equity	2 610 000	5 378 000	5 828 000	7 490 000
Total Long-Term Debt	19 415 000	82 016 000	42 498 000	37 090 000
Total Current Debt	616 000	23 010 000	14 123 000	16 920 000
Total Equity and Debt	22 641 000	110 404 000	62 449 000	61 501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	36 168 000	51 386 000	95 657 000
Other Income	0	1 157 000	1 984 000	1 602 000
Revenue	0	37 326 000	53 370 000	97 259 000
Cost of Goods Sold	0	19 225 000	34 773 000	74 378 000
Salary Costs	0	11 843 000	9 773 000	10 623 000
Depreciation	0	401 000	366 000	339 000
Impairment	0	0	0	0
Expenditure	64 000	35 542 000	48 882 000	89 371 000
Operating Profit	−64 000	1 784 000	4 488 000	7 888 000
Financial Income	456 000	1 251 000	0	38 000
Financial Costs	0	3 178 000	1 991 000	3 141 000
Financial Balance	456 000	−1 927 000	−1 991 000	−3 103 000
Dividends	0	600 000	600 000	0
Net Income	392 000	150 000	1 834 000	4 264 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	10 129 000	10 391 000	10 654 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	521 000	527 000	234 000
Total Tangible Assets	0	10 650 000	10 919 000	10 888 000
Total Fiancial Fixed Assets	22 184 000	2 358 000	4 095 000	4 095 000
Total Fixed Assets	22 184 000	13 008 000	15 014 000	14 984 000
Stock	0	82 133 000	41 057 000	35 011 000
Total Investments	0	10 000	0	0
Cash, Bank	1 000	1 255 000	1 109 000	432 000
Total Current Assets	458 000	97 396 000	47 435 000	46 517 000
Total Assets	22 641 000	110 404 000	62 449 000	61 501 000
Total Equity	2 610 000	5 378 000	5 828 000	7 490 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 415 000	82 016 000	42 498 000	37 090 000
Creditors	6 000	11 446 000	6 891 000	6 629 000
Unpaid Taxes	0	1 902 000	1 044 000	807 000
Dividends	0	600 000	600 000	0
Other Current Debt	610 000	5 100 000	1 765 000	4 439 000
Total Current Debt	616 000	23 010 000	14 123 000	16 920 000
Total Equity and Debt	22 641 000	110 404 000	62 449 000	61 501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,02 %	2,79 %	31,47 %	56,93 %
Debt-to-Equity Ratio	7,44	15,25	7,29	4,95
Operating Profit Margin	-	4,78 %	8,41 %	8,11 %
Current Ratio	0,74	4,23	3,36	2,75
Quick Ratio	0,74	−1,65	−1,76	−2,57
Equity Ratio	0,12	0,05	0,09	0,12
Gross Profit Margin	-	48,49 %	34,85 %	23,53 %