GARMANN AS

1852 MYSEN

Finances

Share Ownership

Return on Equity

33,85 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	602 000	694 000	1 504 000	1 491 000
Net Income	−197 000	−562 000	152 000	−19 000
Total Assets	109 000	332 000	968 000	765 000
Total Equity	−582 000	−385 000	177 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	602 000	694 000	1 504 000	1 491 000
Expenditure	737 000	834 000	1 589 000	1 623 000
Operating Profit	−195 000	−600 000	193 000	−22 000
Financial Income	0	0	0	4 000
Financial Costs	3 000	1 000	3 000	3 000
Financial Balance	−3 000	−1 000	−3 000	1 000
Earnings Before Tax	−197 000	−601 000	190 000	−21 000
Tax	0	−39 000	39 000	−2 000
Net Income	−197 000	−562 000	152 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 000	91 000	135 000	305 000
Total Current Assets	14 000	241 000	834 000	460 000
Total Assets	109 000	332 000	968 000	765 000
Total Retained Equity	−622 000	−425 000	137 000	−15 000
Total Equity	−582 000	−385 000	177 000	25 000
Total Long-Term Debt	0	0	39 000	0
Total Current Debt	691 000	717 000	753 000	740 000
Total Equity and Debt	109 000	332 000	968 000	765 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	602 000	694 000	1 225 000	1 491 000
Other Income	0	0	279 000	0
Revenue	602 000	694 000	1 504 000	1 491 000
Cost of Goods Sold	90 000	96 000	141 000	724 000
Salary Costs	0	0	0	0
Depreciation	16 000	12 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	737 000	834 000	1 589 000	1 623 000
Operating Profit	−195 000	−600 000	193 000	−22 000
Financial Income	0	0	0	4 000
Financial Costs	3 000	1 000	3 000	3 000
Financial Balance	−3 000	−1 000	−3 000	1 000
Dividends	0	0	0	0
Net Income	−197 000	−562 000	152 000	−19 000

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	87 000	38 000	50 000	62 000
Fixtures	0	0	0	0
Total Tangible Assets	87 000	38 000	50 000	62 000
Total Fiancial Fixed Assets	8 000	52 000	85 000	244 000
Total Fixed Assets	95 000	91 000	135 000	305 000
Stock	0	60 000	521 000	265 000
Total Investments	0	0	0	0
Cash, Bank	7 000	8 000	0	24 000
Total Current Assets	14 000	241 000	834 000	460 000
Total Assets	109 000	332 000	968 000	765 000
Total Equity	−582 000	−385 000	177 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	39 000	0
Creditors	307 000	331 000	338 000	355 000
Unpaid Taxes	0	0	29 000	0
Dividends	0	0	0	0
Other Current Debt	385 000	386 000	386 000	386 000
Total Current Debt	691 000	717 000	753 000	740 000
Total Equity and Debt	109 000	332 000	968 000	765 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,85 %	145,97 %	85,88 %	−76 %
Debt-to-Equity Ratio	−0	−0	0,22	0
Operating Profit Margin	−32,39 %	−86,46 %	12,83 %	−1,48 %
Current Ratio	0,02	0,34	1,11	0,62
Quick Ratio	0,02	0,37	3,59	0,97
Equity Ratio	−5,34	−1,16	0,18	0,03
Gross Profit Margin	85,05 %	86,17 %	90,63 %	51,44 %