GAARUD AUTO AS

3512 HØNEFOSS

Finances

Return on Equity

21,89 %

Current Ratio

5,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 845 000	2 491 000	1 946 000	1 178 000
Net Income	377 000	144 000	64 000	32 000
Total Assets	2 101 000	1 519 000	1 297 000	1 408 000
Total Equity	1 722 000	1 345 000	1 200 000	1 136 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 845 000	2 491 000	1 946 000	1 178 000
Expenditure	2 364 000	2 303 000	1 858 000	1 137 000
Operating Profit	481 000	188 000	88 000	41 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	1 000
Earnings Before Tax	482 000	188 000	88 000	42 000
Tax	104 000	44 000	24 000	9 000
Net Income	377 000	144 000	64 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	18 000	24 000	61 000
Total Current Assets	2 013 000	1 501 000	1 273 000	1 347 000
Total Assets	2 101 000	1 519 000	1 297 000	1 408 000
Total Retained Equity	1 692 000	1 315 000	1 170 000	1 106 000
Total Equity	1 722 000	1 345 000	1 200 000	1 136 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	379 000	174 000	96 000	270 000
Total Equity and Debt	2 101 000	1 519 000	1 297 000	1 408 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 820 000	2 439 000	1 938 000	1 178 000
Other Income	25 000	52 000	8 000	0
Revenue	2 845 000	2 491 000	1 946 000	1 178 000
Cost of Goods Sold	1 744 000	1 890 000	1 465 000	746 000
Salary Costs	448 000	251 000	229 000	236 000
Depreciation	8 000	27 000	31 000	35 000
Impairment	0	0	0	0
Expenditure	2 364 000	2 303 000	1 858 000	1 137 000
Operating Profit	481 000	188 000	88 000	41 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	377 000	144 000	64 000	32 000

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	31 000	18 000	24 000	61 000
Total Tangible Assets	31 000	18 000	24 000	61 000
Total Fiancial Fixed Assets	57 000	0	0	0
Total Fixed Assets	88 000	18 000	24 000	61 000
Stock	227 000	454 000	648 000	416 000
Total Investments	0	0	0	0
Cash, Bank	1 086 000	1 026 000	614 000	875 000
Total Current Assets	2 013 000	1 501 000	1 273 000	1 347 000
Total Assets	2 101 000	1 519 000	1 297 000	1 408 000
Total Equity	1 722 000	1 345 000	1 200 000	1 136 000
Short-Term Group Debt	35 000	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	0	0	0	28 000
Unpaid Taxes	102 000	14 000	14 000	23 000
Dividends	0	0	0	0
Other Current Debt	146 000	115 000	57 000	206 000
Total Current Debt	379 000	174 000	96 000	270 000
Total Equity and Debt	2 101 000	1 519 000	1 297 000	1 408 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,89 %	10,71 %	5,33 %	2,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,91 %	7,55 %	4,52 %	3,48 %
Current Ratio	5,31	8,63	13,26	4,99
Quick Ratio	13,24	−5,36	−2,31	−9,23
Equity Ratio	0,82	0,89	0,93	0,81
Gross Profit Margin	38,7 %	24,13 %	24,72 %	36,67 %