GARNENG ACADEMY AS

4017 STAVANGER

Finances

Share Ownership

Return on Equity

1,12 %

Current Ratio

17,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 000	10 000	19 000	70 000
Net Income	2 000	−2 000	6 000	36 000
Total Assets	189 000	176 000	179 000	181 000
Total Equity	178 000	176 000	177 000	171 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 000	10 000	19 000	70 000
Expenditure	24 000	12 000	11 000	24 000
Operating Profit	2 000	−2 000	8 000	46 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	2 000	−2 000	8 000	46 000
Tax	0	0	2 000	10 000
Net Income	2 000	−2 000	6 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	189 000	176 000	179 000	181 000
Total Assets	189 000	176 000	179 000	181 000
Total Retained Equity	73 000	71 000	73 000	67 000
Total Equity	178 000	176 000	177 000	171 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 000	0	2 000	10 000
Total Equity and Debt	189 000	176 000	179 000	181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 000	10 000	19 000	70 000
Other Income	0	0	0	0
Revenue	26 000	10 000	19 000	70 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	24 000	12 000	11 000	24 000
Operating Profit	2 000	−2 000	8 000	46 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	2 000	−2 000	6 000	36 000

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	184 000	170 000	174 000	181 000
Total Current Assets	189 000	176 000	179 000	181 000
Total Assets	189 000	176 000	179 000	181 000
Total Equity	178 000	176 000	177 000	171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	11 000	0	2 000	10 000
Total Equity and Debt	189 000	176 000	179 000	181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,12 %	−1,14 %	3,39 %	21,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,69 %	−20 %	42,11 %	65,71 %
Current Ratio	17,18	-	89,5	18,1
Quick Ratio	17,18	-	89,5	18,1
Equity Ratio	0,94	1	0,99	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %