GVARVGATA 11 AS

3717 SKIEN

Finances

Share Ownership

Return on Equity

−55,5 %

Current Ratio

20,92

Debt-to-Equity Ratio

−7,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	616 000	607 000	491 000	423 000
Net Income	343 000	259 000	5 000	−98 000
Total Assets	4 302 000	4 003 000	4 108 000	4 242 000
Total Equity	−618 000	−961 000	−1 221 000	−1 225 000

Income (NOK)	2022	2021	2020	2019
Revenue	616 000	607 000	491 000	423 000
Expenditure	254 000	336 000	458 000	477 000
Operating Profit	362 000	271 000	33 000	−55 000
Financial Income	4 000	0	0	0
Financial Costs	23 000	12 000	28 000	44 000
Financial Balance	−19 000	−12 000	−28 000	−44 000
Earnings Before Tax	343 000	259 000	5 000	−98 000
Tax	0	0	0	0
Net Income	343 000	259 000	5 000	−98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 487 000	3 692 000	3 897 000	4 102 000
Total Current Assets	816 000	311 000	211 000	139 000
Total Assets	4 302 000	4 003 000	4 108 000	4 242 000
Total Retained Equity	−648 000	−991 000	−1 251 000	−1 255 000
Total Equity	−618 000	−961 000	−1 221 000	−1 225 000
Total Long-Term Debt	4 882 000	4 914 000	5 302 000	5 440 000
Total Current Debt	39 000	50 000	26 000	27 000
Total Equity and Debt	4 302 000	4 003 000	4 108 000	4 242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	616 000	607 000	491 000	423 000
Revenue	616 000	607 000	491 000	423 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	205 000	205 000	205 000	205 000
Impairment	0	0	0	0
Expenditure	254 000	336 000	458 000	477 000
Operating Profit	362 000	271 000	33 000	−55 000
Financial Income	4 000	0	0	0
Financial Costs	23 000	12 000	28 000	44 000
Financial Balance	−19 000	−12 000	−28 000	−44 000
Dividends	0	0	0	0
Net Income	343 000	259 000	5 000	−98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 487 000	3 692 000	3 897 000	4 102 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 487 000	3 692 000	3 897 000	4 102 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 487 000	3 692 000	3 897 000	4 102 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	689 000	249 000	157 000	92 000
Total Current Assets	816 000	311 000	211 000	139 000
Total Assets	4 302 000	4 003 000	4 108 000	4 242 000
Total Equity	−618 000	−961 000	−1 221 000	−1 225 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 882 000	4 914 000	5 302 000	5 440 000
Creditors	0	0	0	0
Unpaid Taxes	39 000	35 000	21 000	17 000
Dividends	0	0	0	0
Other Current Debt	0	16 000	5 000	10 000
Total Current Debt	39 000	50 000	26 000	27 000
Total Equity and Debt	4 302 000	4 003 000	4 108 000	4 242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,5 %	−26,95 %	−0,41 %	8 %
Debt-to-Equity Ratio	−7,9	−5,11	−4,34	−4,44
Operating Profit Margin	58,77 %	44,65 %	6,72 %	−13 %
Current Ratio	20,92	6,22	8,12	5,15
Quick Ratio	20,92	6,22	8,12	5,15
Equity Ratio	−0,14	−0,24	−0,3	−0,29
Gross Profit Margin	100 %	100 %	100 %	100 %