GARP CITY AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

−71,38 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 231 000	8 412 000	6 108 000	7 707 000
Net Income	−197 000	6 000	743 000	31 000
Total Assets	1 566 000	1 936 000	1 570 000	1 265 000
Total Equity	276 000	473 000	467 000	−276 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 231 000	8 412 000	6 108 000	7 707 000
Expenditure	7 414 000	8 390 000	5 286 000	7 663 000
Operating Profit	−183 000	22 000	822 000	45 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	15 000	10 000	9 000	15 000
Financial Balance	−14 000	−9 000	−8 000	−14 000
Earnings Before Tax	−197 000	13 000	814 000	31 000
Tax	0	7 000	71 000	0
Net Income	−197 000	6 000	743 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 566 000	1 936 000	1 570 000	1 265 000
Total Assets	1 566 000	1 936 000	1 570 000	1 265 000
Total Retained Equity	176 000	373 000	367 000	−376 000
Total Equity	276 000	473 000	467 000	−276 000
Total Long-Term Debt	136 000	46 000	0	0
Total Current Debt	1 154 000	1 418 000	1 104 000	1 541 000
Total Equity and Debt	1 566 000	1 936 000	1 570 000	1 265 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 231 000	8 412 000	6 108 000	7 707 000
Other Income	0	0	0	0
Revenue	7 231 000	8 412 000	6 108 000	7 707 000
Cost of Goods Sold	1 003 000	774 000	953 000	1 251 000
Salary Costs	5 257 000	6 382 000	3 369 000	5 005 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 414 000	8 390 000	5 286 000	7 663 000
Operating Profit	−183 000	22 000	822 000	45 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	15 000	10 000	9 000	15 000
Financial Balance	−14 000	−9 000	−8 000	−14 000
Dividends	0	0	0	0
Net Income	−197 000	6 000	743 000	31 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	134 000	216 000	315 000	279 000
Total Current Assets	1 566 000	1 936 000	1 570 000	1 265 000
Total Assets	1 566 000	1 936 000	1 570 000	1 265 000
Total Equity	276 000	473 000	467 000	−276 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	136 000	46 000	0	0
Creditors	126 000	129 000	271 000	139 000
Unpaid Taxes	473 000	602 000	408 000	631 000
Dividends	0	0	0	0
Other Current Debt	555 000	679 000	354 000	772 000
Total Current Debt	1 154 000	1 418 000	1 104 000	1 541 000
Total Equity and Debt	1 566 000	1 936 000	1 570 000	1 265 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,38 %	1,27 %	159,1 %	−11,23 %
Debt-to-Equity Ratio	0,49	0,1	0	−0
Operating Profit Margin	−2,53 %	0,26 %	13,46 %	0,58 %
Current Ratio	1,36	1,37	1,42	0,82
Quick Ratio	1,36	1,37	1,42	0,82
Equity Ratio	0,18	0,24	0,3	−0,22
Gross Profit Margin	86,13 %	90,8 %	84,4 %	83,77 %