GARTHE EIENDOM AS

4950 RISØR

Finances

Return on Equity

−10,3 %

Current Ratio

6,4

Debt-to-Equity Ratio

17,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	407 000	329 000	341 000	311 000
Net Income	−38 000	79 000	80 000	42 000
Total Assets	7 332 000	3 206 000	2 857 000	2 836 000
Total Equity	369 000	305 000	227 000	146 000

Income (NOK)	2022	2021	2020	2019
Revenue	407 000	329 000	341 000	311 000
Expenditure	193 000	120 000	122 000	132 000
Operating Profit	213 000	209 000	219 000	179 000
Financial Income	0	0	0	0
Financial Costs	262 000	109 000	117 000	125 000
Financial Balance	−262 000	−109 000	−117 000	−125 000
Earnings Before Tax	−48 000	101 000	103 000	54 000
Tax	−11 000	22 000	23 000	12 000
Net Income	−38 000	79 000	80 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 554 000	2 627 000	2 695 000	2 764 000
Total Current Assets	2 778 000	579 000	161 000	72 000
Total Assets	7 332 000	3 206 000	2 857 000	2 836 000
Total Retained Equity	339 000	275 000	197 000	116 000
Total Equity	369 000	305 000	227 000	146 000
Total Long-Term Debt	6 528 000	2 417 000	2 576 000	2 646 000
Total Current Debt	434 000	484 000	54 000	44 000
Total Equity and Debt	7 332 000	3 206 000	2 857 000	2 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	407 000	329 000	341 000	311 000
Revenue	407 000	329 000	341 000	311 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	107 000	69 000	69 000	84 000
Impairment	0	0	0	0
Expenditure	193 000	120 000	122 000	132 000
Operating Profit	213 000	209 000	219 000	179 000
Financial Income	0	0	0	0
Financial Costs	262 000	109 000	117 000	125 000
Financial Balance	−262 000	−109 000	−117 000	−125 000
Dividends	0	0	0	0
Net Income	−38 000	79 000	80 000	42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 254 000	2 327 000	2 395 000	2 464 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 254 000	2 327 000	2 395 000	2 464 000
Total Fiancial Fixed Assets	300 000	300 000	300 000	300 000
Total Fixed Assets	4 554 000	2 627 000	2 695 000	2 764 000
Stock	1 356 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	981 000	145 000	158 000	70 000
Total Current Assets	2 778 000	579 000	161 000	72 000
Total Assets	7 332 000	3 206 000	2 857 000	2 836 000
Total Equity	369 000	305 000	227 000	146 000
Short-Term Group Debt	45 000	441 000	0	0
Total Long-Term Debt	6 528 000	2 417 000	2 576 000	2 646 000
Creditors	373 000	7 000	5 000	0
Unpaid Taxes	0	0	13 000	13 000
Dividends	0	0	0	0
Other Current Debt	17 000	22 000	20 000	25 000
Total Current Debt	434 000	484 000	54 000	44 000
Total Equity and Debt	7 332 000	3 206 000	2 857 000	2 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,3 %	25,9 %	35,24 %	28,77 %
Debt-to-Equity Ratio	17,69	7,92	11,35	18,12
Operating Profit Margin	52,33 %	63,53 %	64,22 %	57,56 %
Current Ratio	6,4	1,2	2,98	1,64
Quick Ratio	−3,01	1,2	2,98	1,64
Equity Ratio	0,05	0,1	0,08	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %