GAROT AS

1363 HØVIK

Finances

Return on Equity

59,98 %

Current Ratio

3,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	983 000	390 000	586 000	1 177 000
Total Assets	2 167 000	1 177 000	2 383 000	1 797 000
Total Equity	1 639 000	656 000	2 366 000	1 779 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	10 000	9 000	12 000	9 000
Operating Profit	−10 000	−9 000	−12 000	−9 000
Financial Income	1 000 000	401 000	602 000	1 193 000
Financial Costs	0	0	0	0
Financial Balance	1 000 000	401 000	602 000	1 193 000
Earnings Before Tax	990 000	392 000	589 000	1 184 000
Tax	6 000	2 000	3 000	7 000
Net Income	983 000	390 000	586 000	1 177 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	105 000	105 000	105 000	105 000
Total Current Assets	2 061 000	1 072 000	2 277 000	1 692 000
Total Assets	2 167 000	1 177 000	2 383 000	1 797 000
Total Retained Equity	1 533 000	550 000	2 259 000	1 673 000
Total Equity	1 639 000	656 000	2 366 000	1 779 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	527 000	521 000	17 000	18 000
Total Equity and Debt	2 167 000	1 177 000	2 383 000	1 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 000	9 000	12 000	9 000
Operating Profit	−10 000	−9 000	−12 000	−9 000
Financial Income	1 000 000	401 000	602 000	1 193 000
Financial Costs	0	0	0	0
Financial Balance	1 000 000	401 000	602 000	1 193 000
Dividends	0	2 100 000	0	0
Net Income	983 000	390 000	586 000	1 177 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	105 000	105 000	105 000	105 000
Total Fixed Assets	105 000	105 000	105 000	105 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 061 000	1 072 000	1 683 000	1 692 000
Total Current Assets	2 061 000	1 072 000	2 277 000	1 692 000
Total Assets	2 167 000	1 177 000	2 383 000	1 797 000
Total Equity	1 639 000	656 000	2 366 000	1 779 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	3 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	2 100 000	0	0
Other Current Debt	515 000	514 000	14 000	14 000
Total Current Debt	527 000	521 000	17 000	18 000
Total Equity and Debt	2 167 000	1 177 000	2 383 000	1 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,98 %	59,45 %	24,77 %	66,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	3,91	2,06	133,94	94
Quick Ratio	3,91	2,06	133,94	94
Equity Ratio	0,76	0,56	0,99	0,99
Gross Profit Margin	-	-	-	-