COWARDGÅRDEN AS

3674 NOTODDEN

Finances

Share Ownership

Return on Equity

−2,07 %

Current Ratio

26,02

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 056 000	661 000	697 000	727 000
Net Income	−67 000	−24 000	286 000	14 000
Total Assets	6 728 000	6 930 000	3 960 000	3 669 000
Total Equity	3 240 000	3 307 000	3 331 000	3 229 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 056 000	661 000	697 000	727 000
Expenditure	989 000	677 000	327 000	709 000
Operating Profit	66 000	−16 000	370 000	17 000
Financial Income	4 000	5 000	0	0
Financial Costs	154 000	20 000	4 000	0
Financial Balance	−150 000	−15 000	−4 000	0
Earnings Before Tax	−84 000	−31 000	366 000	17 000
Tax	−17 000	−7 000	81 000	4 000
Net Income	−67 000	−24 000	286 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 320 000	3 372 000	3 424 000	3 479 000
Total Current Assets	3 409 000	3 559 000	536 000	190 000
Total Assets	6 728 000	6 930 000	3 960 000	3 669 000
Total Retained Equity	−828 000	−761 000	−737 000	−840 000
Total Equity	3 240 000	3 307 000	3 331 000	3 229 000
Total Long-Term Debt	3 357 000	3 472 000	348 000	319 000
Total Current Debt	131 000	151 000	280 000	121 000
Total Equity and Debt	6 728 000	6 930 000	3 960 000	3 669 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 056 000	661 000	697 000	727 000
Revenue	1 056 000	661 000	697 000	727 000
Cost of Goods Sold	549 000	428 000	127 000	284 000
Salary Costs	57 000	0	0	0
Depreciation	52 000	52 000	56 000	52 000
Impairment	0	0	0	0
Expenditure	989 000	677 000	327 000	709 000
Operating Profit	66 000	−16 000	370 000	17 000
Financial Income	4 000	5 000	0	0
Financial Costs	154 000	20 000	4 000	0
Financial Balance	−150 000	−15 000	−4 000	0
Dividends	0	0	0	0
Net Income	−67 000	−24 000	286 000	14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 313 000	3 365 000	3 417 000	3 473 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	7 000	7 000	7 000
Total Tangible Assets	3 320 000	3 372 000	3 424 000	3 479 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 320 000	3 372 000	3 424 000	3 479 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	205 000	411 000	0	13 000
Total Current Assets	3 409 000	3 559 000	536 000	190 000
Total Assets	6 728 000	6 930 000	3 960 000	3 669 000
Total Equity	3 240 000	3 307 000	3 331 000	3 229 000
Short-Term Group Debt	0	0	235 000	0
Total Long-Term Debt	3 357 000	3 472 000	348 000	319 000
Creditors	113 000	102 000	1 000	53 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 000	50 000	44 000	68 000
Total Current Debt	131 000	151 000	280 000	121 000
Total Equity and Debt	6 728 000	6 930 000	3 960 000	3 669 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,07 %	−0,73 %	8,59 %	0,43 %
Debt-to-Equity Ratio	1,04	1,05	0,1	0,1
Operating Profit Margin	6,25 %	−2,42 %	53,08 %	2,34 %
Current Ratio	26,02	23,57	1,91	1,57
Quick Ratio	26,02	23,57	1,91	1,57
Equity Ratio	0,48	0,48	0,84	0,88
Gross Profit Margin	48,01 %	35,25 %	81,78 %	60,94 %