GARNES KAI AS

5265 YTRE ARNA

Finances

Return on Equity

11,41 %

Current Ratio

3,13

Debt-to-Equity Ratio

2,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 050 000	1 177 000	1 179 000	1 079 000
Net Income	290 000	447 000	615 000	373 000
Total Assets	9 236 000	9 319 000	10 064 000	10 363 000
Total Equity	2 542 000	2 252 000	1 805 000	1 190 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 050 000	1 177 000	1 179 000	1 079 000
Expenditure	445 000	387 000	371 000	357 000
Operating Profit	606 000	791 000	808 000	723 000
Financial Income	5 000	6 000	186 000	1 000
Financial Costs	201 000	187 000	224 000	221 000
Financial Balance	−196 000	−181 000	−38 000	−220 000
Earnings Before Tax	410 000	609 000	770 000	503 000
Tax	120 000	162 000	156 000	130 000
Net Income	290 000	447 000	615 000	373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 704 000	8 967 000	8 378 000	9 390 000
Total Current Assets	532 000	352 000	1 687 000	973 000
Total Assets	9 236 000	9 319 000	10 064 000	10 363 000
Total Retained Equity	2 342 000	2 052 000	1 605 000	990 000
Total Equity	2 542 000	2 252 000	1 805 000	1 190 000
Total Long-Term Debt	6 525 000	6 875 000	8 075 000	9 025 000
Total Current Debt	170 000	192 000	184 000	148 000
Total Equity and Debt	9 236 000	9 319 000	10 064 000	10 363 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 050 000	1 177 000	1 179 000	1 079 000
Revenue	1 050 000	1 177 000	1 179 000	1 079 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	313 000	313 000	313 000	313 000
Impairment	0	0	0	0
Expenditure	445 000	387 000	371 000	357 000
Operating Profit	606 000	791 000	808 000	723 000
Financial Income	5 000	6 000	186 000	1 000
Financial Costs	201 000	187 000	224 000	221 000
Financial Balance	−196 000	−181 000	−38 000	−220 000
Dividends	0	0	0	0
Net Income	290 000	447 000	615 000	373 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 753 000	8 065 000	8 378 000	8 690 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 753 000	8 065 000	8 378 000	8 690 000
Total Fiancial Fixed Assets	952 000	902 000	0	700 000
Total Fixed Assets	8 704 000	8 967 000	8 378 000	9 390 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	350 000	233 000	1 557 000	946 000
Total Current Assets	532 000	352 000	1 687 000	973 000
Total Assets	9 236 000	9 319 000	10 064 000	10 363 000
Total Equity	2 542 000	2 252 000	1 805 000	1 190 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 525 000	6 875 000	8 075 000	9 025 000
Creditors	14 000	0	0	0
Unpaid Taxes	30 000	26 000	25 000	4 000
Dividends	0	0	0	0
Other Current Debt	5 000	3 000	4 000	8 000
Total Current Debt	170 000	192 000	184 000	148 000
Total Equity and Debt	9 236 000	9 319 000	10 064 000	10 363 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,41 %	19,85 %	34,07 %	31,34 %
Debt-to-Equity Ratio	2,57	3,05	4,47	7,58
Operating Profit Margin	57,71 %	67,2 %	68,53 %	67,01 %
Current Ratio	3,13	1,83	9,17	6,57
Quick Ratio	3,13	1,83	9,17	6,57
Equity Ratio	0,28	0,24	0,18	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %