GARDS REDERI AS

3115 TØNSBERG

Finances

Share Ownership

Return on Equity

70,41 %

Current Ratio

26,97

Debt-to-Equity Ratio

−2,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 000	0	15 516 000	213 000
Net Income	−978 000	−1 307 000	10 019 000	−8 832 000
Total Assets	2 771 000	10 039 000	18 539 000	7 073 000
Total Equity	−1 389 000	−411 000	897 000	−9 123 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 000	0	15 516 000	213 000
Expenditure	1 028 000	1 071 000	5 177 000	8 753 000
Operating Profit	−916 000	−1 070 000	10 338 000	−8 541 000
Financial Income	3 000	2 000	1 000	2 000
Financial Costs	66 000	239 000	319 000	293 000
Financial Balance	−63 000	−237 000	−318 000	−291 000
Earnings Before Tax	−978 000	−1 307 000	10 019 000	−8 832 000
Tax	0	0	0	0
Net Income	−978 000	−1 307 000	10 019 000	−8 832 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 000	265 000	279 000	5 581 000
Total Current Assets	2 670 000	9 774 000	18 260 000	1 492 000
Total Assets	2 771 000	10 039 000	18 539 000	7 073 000
Total Retained Equity	−1 419 000	−441 000	867 000	−9 153 000
Total Equity	−1 389 000	−411 000	897 000	−9 123 000
Total Long-Term Debt	4 062 000	10 345 000	300 000	15 170 000
Total Current Debt	99 000	104 000	17 342 000	1 026 000
Total Equity and Debt	2 771 000	10 039 000	18 539 000	7 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 000	0	466 000	213 000
Other Income	0	0	15 049 000	0
Revenue	112 000	0	15 516 000	213 000
Cost of Goods Sold	0	0	259 000	985 000
Salary Costs	308 000	738 000	1 893 000	1 877 000
Depreciation	60 000	86 000	63 000	736 000
Impairment	0	0	0	0
Expenditure	1 028 000	1 071 000	5 177 000	8 753 000
Operating Profit	−916 000	−1 070 000	10 338 000	−8 541 000
Financial Income	3 000	2 000	1 000	2 000
Financial Costs	66 000	239 000	319 000	293 000
Financial Balance	−63 000	−237 000	−318 000	−291 000
Dividends	0	0	0	0
Net Income	−978 000	−1 307 000	10 019 000	−8 832 000

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	59 000	0	0
Fixtures	101 000	206 000	279 000	282 000
Total Tangible Assets	101 000	265 000	279 000	5 581 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	101 000	265 000	279 000	5 581 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 544 000	8 938 000	18 183 000	952 000
Total Current Assets	2 670 000	9 774 000	18 260 000	1 492 000
Total Assets	2 771 000	10 039 000	18 539 000	7 073 000
Total Equity	−1 389 000	−411 000	897 000	−9 123 000
Short-Term Group Debt	0	0	16 006 000	0
Total Long-Term Debt	4 062 000	10 345 000	300 000	15 170 000
Creditors	57 000	10 000	1 148 000	721 000
Unpaid Taxes	1 000	32 000	24 000	136 000
Dividends	0	0	0	0
Other Current Debt	41 000	61 000	165 000	169 000
Total Current Debt	99 000	104 000	17 342 000	1 026 000
Total Equity and Debt	2 771 000	10 039 000	18 539 000	7 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,41 %	318 %	1 116,95 %	96,81 %
Debt-to-Equity Ratio	−2,92	−25,17	0,33	−1,66
Operating Profit Margin	−817,86 %	-	66,63 %	−4 009,86 %
Current Ratio	26,97	93,98	1,05	1,45
Quick Ratio	26,97	93,98	1,05	1,45
Equity Ratio	−0,5	−0,04	0,05	−1,29
Gross Profit Margin	100 %	-	98,33 %	−362,44 %