GARMO HANDEL AS

2676 HEIDAL

Finances

Return on Equity

52,98 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 725 000	41 208 000	39 197 000	32 647 000
Net Income	1 190 000	1 243 000	1 645 000	887 000
Total Assets	7 064 000	7 583 000	7 328 000	5 761 000
Total Equity	2 246 000	2 245 000	2 180 000	2 491 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 725 000	41 208 000	39 197 000	32 647 000
Expenditure	39 212 000	39 659 000	37 120 000	31 528 000
Operating Profit	1 514 000	1 550 000	2 077 000	1 118 000
Financial Income	36 000	35 000	26 000	23 000
Financial Costs	32 000	0	0	10 000
Financial Balance	4 000	35 000	26 000	13 000
Earnings Before Tax	1 518 000	1 584 000	2 102 000	1 131 000
Tax	328 000	341 000	457 000	244 000
Net Income	1 190 000	1 243 000	1 645 000	887 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 363 000	1 434 000	1 557 000	1 198 000
Total Current Assets	5 701 000	6 150 000	5 771 000	4 563 000
Total Assets	7 064 000	7 583 000	7 328 000	5 761 000
Total Retained Equity	2 046 000	2 045 000	1 980 000	2 291 000
Total Equity	2 246 000	2 245 000	2 180 000	2 491 000
Total Long-Term Debt	756 000	1 136 000	58 000	41 000
Total Current Debt	4 062 000	4 202 000	5 090 000	3 229 000
Total Equity and Debt	7 064 000	7 583 000	7 328 000	5 761 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 628 000	39 148 000	37 460 000	32 103 000
Other Income	2 097 000	2 060 000	1 737 000	544 000
Revenue	40 725 000	41 208 000	39 197 000	32 647 000
Cost of Goods Sold	32 223 000	32 769 000	30 686 000	25 532 000
Salary Costs	4 035 000	3 767 000	3 727 000	3 355 000
Depreciation	326 000	321 000	226 000	225 000
Impairment	0	0	0	0
Expenditure	39 212 000	39 659 000	37 120 000	31 528 000
Operating Profit	1 514 000	1 550 000	2 077 000	1 118 000
Financial Income	36 000	35 000	26 000	23 000
Financial Costs	32 000	0	0	10 000
Financial Balance	4 000	35 000	26 000	13 000
Dividends	648 000	1 100 000	1 801 000	400 000
Net Income	1 190 000	1 243 000	1 645 000	887 000

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	1 123 000	1 194 000	1 317 000	958 000
Total Tangible Assets	1 123 000	1 194 000	1 317 000	958 000
Total Fiancial Fixed Assets	239 000	239 000	239 000	239 000
Total Fixed Assets	1 363 000	1 434 000	1 557 000	1 198 000
Stock	2 153 000	2 446 000	2 100 000	2 081 000
Total Investments	0	0	0	0
Cash, Bank	2 180 000	2 054 000	2 316 000	617 000
Total Current Assets	5 701 000	6 150 000	5 771 000	4 563 000
Total Assets	7 064 000	7 583 000	7 328 000	5 761 000
Total Equity	2 246 000	2 245 000	2 180 000	2 491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	756 000	1 136 000	58 000	41 000
Creditors	1 396 000	1 592 000	1 580 000	1 214 000
Unpaid Taxes	255 000	199 000	181 000	194 000
Dividends	648 000	1 100 000	1 801 000	400 000
Other Current Debt	2 223 000	2 070 000	2 932 000	1 694 000
Total Current Debt	4 062 000	4 202 000	5 090 000	3 229 000
Total Equity and Debt	7 064 000	7 583 000	7 328 000	5 761 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,98 %	55,37 %	75,46 %	35,61 %
Debt-to-Equity Ratio	0,34	0,51	0,03	0,02
Operating Profit Margin	3,72 %	3,76 %	5,3 %	3,42 %
Current Ratio	1,4	1,46	1,13	1,41
Quick Ratio	2,99	3,5	1,93	3,97
Equity Ratio	0,32	0,3	0,3	0,43
Gross Profit Margin	20,88 %	20,48 %	21,71 %	21,79 %