GARTHE GRØNTANLEGG AS

4950 RISØR

Finances

Return on Equity

73,94 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 713 000	13 940 000	11 851 000	12 598 000
Net Income	1 419 000	944 000	896 000	319 000
Total Assets	5 908 000	4 474 000	4 050 000	3 479 000
Total Equity	1 919 000	1 571 000	1 227 000	812 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 713 000	13 940 000	11 851 000	12 598 000
Expenditure	15 895 000	12 721 000	10 701 000	12 161 000
Operating Profit	1 818 000	1 219 000	1 163 000	424 000
Financial Income	0	0	12 000	21 000
Financial Costs	−1 000	9 000	26 000	35 000
Financial Balance	1 000	−9 000	−14 000	−14 000
Earnings Before Tax	1 820 000	1 210 000	1 149 000	409 000
Tax	400 000	266 000	253 000	90 000
Net Income	1 419 000	944 000	896 000	319 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	770 000	702 000	478 000	527 000
Total Current Assets	5 138 000	3 772 000	3 572 000	2 952 000
Total Assets	5 908 000	4 474 000	4 050 000	3 479 000
Total Retained Equity	1 389 000	1 041 000	697 000	282 000
Total Equity	1 919 000	1 571 000	1 227 000	812 000
Total Long-Term Debt	95 000	143 000	178 000	272 000
Total Current Debt	3 894 000	2 760 000	2 645 000	2 395 000
Total Equity and Debt	5 908 000	4 474 000	4 050 000	3 479 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 693 000	13 798 000	11 851 000	12 522 000
Other Income	20 000	142 000	0	76 000
Revenue	17 713 000	13 940 000	11 851 000	12 598 000
Cost of Goods Sold	5 247 000	3 807 000	2 897 000	3 838 000
Salary Costs	6 128 000	5 325 000	5 020 000	4 981 000
Depreciation	207 000	165 000	186 000	165 000
Impairment	0	0	0	0
Expenditure	15 895 000	12 721 000	10 701 000	12 161 000
Operating Profit	1 818 000	1 219 000	1 163 000	424 000
Financial Income	0	0	12 000	21 000
Financial Costs	−1 000	9 000	26 000	35 000
Financial Balance	1 000	−9 000	−14 000	−14 000
Dividends	450 000	600 000	450 000	250 000
Net Income	1 419 000	944 000	896 000	319 000

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	34 000
Fixtures	770 000	702 000	478 000	492 000
Total Tangible Assets	770 000	702 000	478 000	527 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	770 000	702 000	478 000	527 000
Stock	594 000	395 000	387 000	345 000
Total Investments	0	0	0	0
Cash, Bank	2 382 000	1 717 000	1 351 000	829 000
Total Current Assets	5 138 000	3 772 000	3 572 000	2 952 000
Total Assets	5 908 000	4 474 000	4 050 000	3 479 000
Total Equity	1 919 000	1 571 000	1 227 000	812 000
Short-Term Group Debt	796 000	9 000	205 000	151 000
Total Long-Term Debt	95 000	143 000	178 000	272 000
Creditors	975 000	754 000	432 000	405 000
Unpaid Taxes	713 000	567 000	637 000	667 000
Dividends	450 000	600 000	450 000	250 000
Other Current Debt	732 000	579 000	668 000	837 000
Total Current Debt	3 894 000	2 760 000	2 645 000	2 395 000
Total Equity and Debt	5 908 000	4 474 000	4 050 000	3 479 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,94 %	60,09 %	73,02 %	39,29 %
Debt-to-Equity Ratio	0,05	0,09	0,15	0,33
Operating Profit Margin	10,26 %	8,74 %	9,81 %	3,37 %
Current Ratio	1,32	1,37	1,35	1,23
Quick Ratio	1,56	1,59	1,58	1,44
Equity Ratio	0,32	0,35	0,3	0,23
Gross Profit Margin	70,38 %	72,69 %	75,55 %	69,53 %