GARNUNIVERSET AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

28,31 %

Current Ratio

2,32

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 400 000	3 741 000	2 707 000	1 748 000
Net Income	94 000	73 000	119 000	−114 000
Total Assets	990 000	998 000	791 000	426 000
Total Equity	332 000	238 000	165 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 400 000	3 741 000	2 707 000	1 748 000
Expenditure	3 278 000	3 626 000	2 580 000	1 861 000
Operating Profit	121 000	115 000	126 000	−114 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	5 000	0
Financial Balance	−1 000	−1 000	−5 000	0
Earnings Before Tax	120 000	114 000	121 000	−114 000
Tax	26 000	40 000	2 000	0
Net Income	94 000	73 000	119 000	−114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	990 000	998 000	791 000	426 000
Total Assets	990 000	998 000	791 000	426 000
Total Retained Equity	266 000	172 000	99 000	−20 000
Total Equity	332 000	238 000	165 000	46 000
Total Long-Term Debt	231 000	216 000	121 000	121 000
Total Current Debt	427 000	544 000	505 000	259 000
Total Equity and Debt	990 000	998 000	791 000	426 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 400 000	3 741 000	2 707 000	1 748 000
Other Income	0	0	0	0
Revenue	3 400 000	3 741 000	2 707 000	1 748 000
Cost of Goods Sold	1 799 000	2 047 000	1 422 000	933 000
Salary Costs	1 015 000	985 000	855 000	691 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 278 000	3 626 000	2 580 000	1 861 000
Operating Profit	121 000	115 000	126 000	−114 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	5 000	0
Financial Balance	−1 000	−1 000	−5 000	0
Dividends	0	0	0	0
Net Income	94 000	73 000	119 000	−114 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	779 000	810 000	629 000	349 000
Total Investments	0	0	0	0
Cash, Bank	150 000	124 000	114 000	75 000
Total Current Assets	990 000	998 000	791 000	426 000
Total Assets	990 000	998 000	791 000	426 000
Total Equity	332 000	238 000	165 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	231 000	216 000	121 000	121 000
Creditors	129 000	84 000	119 000	62 000
Unpaid Taxes	136 000	148 000	130 000	106 000
Dividends	0	0	0	0
Other Current Debt	136 000	271 000	254 000	91 000
Total Current Debt	427 000	544 000	505 000	259 000
Total Equity and Debt	990 000	998 000	791 000	426 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,31 %	30,67 %	72,12 %	−247,83 %
Debt-to-Equity Ratio	0,7	0,91	0,73	2,63
Operating Profit Margin	3,56 %	3,07 %	4,65 %	−6,52 %
Current Ratio	2,32	1,83	1,57	1,64
Quick Ratio	−2,81	−3,75	−6,38	−4,73
Equity Ratio	0,34	0,24	0,21	0,11
Gross Profit Margin	47,09 %	45,28 %	47,47 %	46,62 %