GARNVIKS RØKERI AS

7273 NORDDYRØY

Finances

Share Ownership

Return on Equity

20,16 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 583 000	9 991 000	7 940 000	5 719 000
Net Income	492 000	−168 000	−150 000	−981 000
Total Assets	6 093 000	4 667 000	4 467 000	3 455 000
Total Equity	2 440 000	1 948 000	2 116 000	1 229 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 583 000	9 991 000	7 940 000	5 719 000
Expenditure	12 991 000	10 165 000	8 114 000	7 285 000
Operating Profit	593 000	−174 000	−175 000	−1 566 000
Financial Income	1 000	0	0	2 000
Financial Costs	38 000	40 000	16 000	4 000
Financial Balance	−37 000	−40 000	−16 000	−2 000
Earnings Before Tax	556 000	−214 000	−191 000	−1 568 000
Tax	64 000	−46 000	−41 000	−588 000
Net Income	492 000	−168 000	−150 000	−981 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	805 000	903 000	780 000	898 000
Total Current Assets	5 288 000	3 763 000	3 687 000	2 558 000
Total Assets	6 093 000	4 667 000	4 467 000	3 455 000
Total Retained Equity	−1 921 000	0	−2 246 000	−2 096 000
Total Equity	2 440 000	1 948 000	2 116 000	1 229 000
Total Long-Term Debt	0	0	0	383 000
Total Current Debt	3 653 000	2 718 000	2 352 000	1 843 000
Total Equity and Debt	6 093 000	4 667 000	4 467 000	3 455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 552 000	9 991 000	7 933 000	5 703 000
Other Income	32 000	0	7 000	16 000
Revenue	13 583 000	9 991 000	7 940 000	5 719 000
Cost of Goods Sold	8 748 000	6 524 000	4 886 000	3 375 000
Salary Costs	2 395 000	1 799 000	1 657 000	1 959 000
Depreciation	38 000	32 000	45 000	52 000
Impairment	0	0	0	0
Expenditure	12 991 000	10 165 000	8 114 000	7 285 000
Operating Profit	593 000	−174 000	−175 000	−1 566 000
Financial Income	1 000	0	0	2 000
Financial Costs	38 000	40 000	16 000	4 000
Financial Balance	−37 000	−40 000	−16 000	−2 000
Dividends	0	0	0	0
Net Income	492 000	−168 000	−150 000	−981 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	610 000	674 000	628 000	588 000
Real Eastate	42 000	52 000	62 000	73 000
Machinery and Plant Facilities	68 000	68 000	89 000	119 000
Fixtures	0	0	0	118 000
Total Tangible Assets	110 000	120 000	152 000	310 000
Total Fiancial Fixed Assets	84 000	109 000	0	0
Total Fixed Assets	805 000	903 000	780 000	898 000
Stock	747 000	578 000	554 000	531 000
Total Investments	0	0	0	0
Cash, Bank	1 464 000	2 154 000	1 345 000	1 648 000
Total Current Assets	5 288 000	3 763 000	3 687 000	2 558 000
Total Assets	6 093 000	4 667 000	4 467 000	3 455 000
Total Equity	2 440 000	1 948 000	2 116 000	1 229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	383 000
Creditors	1 492 000	1 251 000	831 000	784 000
Unpaid Taxes	264 000	179 000	241 000	81 000
Dividends	0	0	0	0
Other Current Debt	1 897 000	1 288 000	1 279 000	978 000
Total Current Debt	3 653 000	2 718 000	2 352 000	1 843 000
Total Equity and Debt	6 093 000	4 667 000	4 467 000	3 455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,16 %	−8,62 %	−7,09 %	−79,82 %
Debt-to-Equity Ratio	0	0	0	0,31
Operating Profit Margin	4,37 %	−1,74 %	−2,2 %	−27,38 %
Current Ratio	1,45	1,38	1,57	1,39
Quick Ratio	1,82	1,76	2,05	1,95
Equity Ratio	0,4	0,42	0,47	0,36
Gross Profit Margin	35,6 %	34,7 %	38,46 %	40,99 %