GARN & SÅNT AS

9405 HARSTAD

Finances

Share Ownership

Return on Equity

5,34 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 498 000	2 614 000	2 234 000	945 000
Net Income	15 000	126 000	114 000	−14 000
Total Assets	867 000	893 000	786 000	511 000
Total Equity	281 000	266 000	141 000	26 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 498 000	2 614 000	2 234 000	945 000
Expenditure	2 447 000	2 408 000	2 011 000	940 000
Operating Profit	51 000	206 000	224 000	6 000
Financial Income	0	0	0	0
Financial Costs	32 000	46 000	82 000	19 000
Financial Balance	−32 000	−46 000	−82 000	−19 000
Earnings Before Tax	19 000	161 000	142 000	−14 000
Tax	4 000	35 000	28 000	0
Net Income	15 000	126 000	114 000	−14 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	867 000	893 000	786 000	511 000
Total Assets	867 000	893 000	786 000	511 000
Total Retained Equity	241 000	226 000	101 000	−14 000
Total Equity	281 000	266 000	141 000	26 000
Total Long-Term Debt	20 000	71 000	121 000	169 000
Total Current Debt	566 000	555 000	524 000	315 000
Total Equity and Debt	867 000	893 000	786 000	511 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 498 000	2 614 000	2 234 000	945 000
Other Income	0	0	0	0
Revenue	2 498 000	2 614 000	2 234 000	945 000
Cost of Goods Sold	1 320 000	1 433 000	1 205 000	496 000
Salary Costs	678 000	589 000	453 000	251 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 447 000	2 408 000	2 011 000	940 000
Operating Profit	51 000	206 000	224 000	6 000
Financial Income	0	0	0	0
Financial Costs	32 000	46 000	82 000	19 000
Financial Balance	−32 000	−46 000	−82 000	−19 000
Dividends	0	0	0	0
Net Income	15 000	126 000	114 000	−14 000

Balance details (NOK)	2021	2020	2019	2018
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	827 000	703 000	726 000	485 000
Total Investments	0	0	0	0
Cash, Bank	−12 000	179 000	43 000	20 000
Total Current Assets	867 000	893 000	786 000	511 000
Total Assets	867 000	893 000	786 000	511 000
Total Equity	281 000	266 000	141 000	26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	71 000	121 000	169 000
Creditors	396 000	348 000	300 000	181 000
Unpaid Taxes	66 000	84 000	65 000	37 000
Dividends	0	0	0	0
Other Current Debt	99 000	88 000	130 000	97 000
Total Current Debt	566 000	555 000	524 000	315 000
Total Equity and Debt	867 000	893 000	786 000	511 000

Financial indicators	2021	2020	2019	2018
Return on Equity	5,34 %	47,37 %	80,85 %	−53,85 %
Debt-to-Equity Ratio	0,07	0,27	0,86	6,5
Operating Profit Margin	2,04 %	7,88 %	10,03 %	0,63 %
Current Ratio	1,53	1,61	1,5	1,62
Quick Ratio	−3,32	−6,03	−3,89	−3,01
Equity Ratio	0,32	0,3	0,18	0,05
Gross Profit Margin	47,16 %	45,18 %	46,06 %	47,51 %