GARTE TRANSPORT AS

6652 SURNADAL

Finances

Return on Equity

−7,11 %

Current Ratio

6,64

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 963 000	4 127 000	3 700 000	5 203 000
Net Income	−238 000	−31 000	57 000	−127 000
Total Assets	3 879 000	4 562 000	4 679 000	6 323 000
Total Equity	3 348 000	3 585 000	3 617 000	3 559 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 963 000	4 127 000	3 700 000	5 203 000
Expenditure	6 334 000	4 207 000	3 579 000	5 274 000
Operating Profit	−371 000	−80 000	120 000	−72 000
Financial Income	60 000	57 000	16 000	25 000
Financial Costs	4 000	30 000	61 000	116 000
Financial Balance	56 000	27 000	−45 000	−91 000
Earnings Before Tax	−316 000	−53 000	75 000	−163 000
Tax	−78 000	−22 000	18 000	−36 000
Net Income	−238 000	−31 000	57 000	−127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 921 000	2 166 000	2 796 000	3 508 000
Total Current Assets	1 958 000	2 396 000	1 884 000	2 815 000
Total Assets	3 879 000	4 562 000	4 679 000	6 323 000
Total Retained Equity	3 148 000	3 385 000	3 417 000	3 359 000
Total Equity	3 348 000	3 585 000	3 617 000	3 559 000
Total Long-Term Debt	236 000	581 000	843 000	2 441 000
Total Current Debt	295 000	396 000	220 000	323 000
Total Equity and Debt	3 879 000	4 562 000	4 679 000	6 323 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 963 000	4 067 000	3 495 000	4 828 000
Other Income	0	59 000	205 000	375 000
Revenue	5 963 000	4 127 000	3 700 000	5 203 000
Cost of Goods Sold	202 000	277 000	611 000	638 000
Salary Costs	2 243 000	1 455 000	575 000	1 183 000
Depreciation	627 000	654 000	831 000	1 078 000
Impairment	0	0	0	0
Expenditure	6 334 000	4 207 000	3 579 000	5 274 000
Operating Profit	−371 000	−80 000	120 000	−72 000
Financial Income	60 000	57 000	16 000	25 000
Financial Costs	4 000	30 000	61 000	116 000
Financial Balance	56 000	27 000	−45 000	−91 000
Dividends	0	0	0	0
Net Income	−238 000	−31 000	57 000	−127 000

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	276 000	165 000	448 000	630 000
Fixtures	1 333 000	1 849 000	2 197 000	2 866 000
Total Tangible Assets	1 609 000	2 014 000	2 645 000	3 496 000
Total Fiancial Fixed Assets	312 000	151 000	151 000	12 000
Total Fixed Assets	1 921 000	2 166 000	2 796 000	3 508 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 792 000	1 934 000	1 625 000	2 598 000
Total Current Assets	1 958 000	2 396 000	1 884 000	2 815 000
Total Assets	3 879 000	4 562 000	4 679 000	6 323 000
Total Equity	3 348 000	3 585 000	3 617 000	3 559 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	236 000	581 000	843 000	2 441 000
Creditors	14 000	58 000	54 000	112 000
Unpaid Taxes	80 000	207 000	109 000	87 000
Dividends	0	0	0	0
Other Current Debt	201 000	130 000	56 000	124 000
Total Current Debt	295 000	396 000	220 000	323 000
Total Equity and Debt	3 879 000	4 562 000	4 679 000	6 323 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,11 %	−0,86 %	1,58 %	−3,57 %
Debt-to-Equity Ratio	0,07	0,16	0,23	0,69
Operating Profit Margin	−6,22 %	−1,94 %	3,24 %	−1,38 %
Current Ratio	6,64	6,05	8,56	8,72
Quick Ratio	6,64	6,05	8,56	8,72
Equity Ratio	0,86	0,79	0,77	0,56
Gross Profit Margin	96,61 %	93,29 %	83,49 %	87,74 %