GARNHEXENE AS

3181 HORTEN

Finances

Share Ownership

Return on Equity

118,03 %

Current Ratio

1,6

Debt-to-Equity Ratio

−2,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 767 000	1 886 000	1 724 000	1 035 000
Net Income	−576 000	−137 000	−61 000	−5 000
Total Assets	1 337 000	1 389 000	1 155 000	833 000
Total Equity	−488 000	89 000	225 000	287 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 767 000	1 886 000	1 724 000	1 035 000
Expenditure	2 278 000	2 060 000	1 798 000	1 039 000
Operating Profit	−511 000	−173 000	−73 000	−4 000
Financial Income	0	0	0	0
Financial Costs	5 000	2 000	5 000	3 000
Financial Balance	−5 000	−2 000	−5 000	−3 000
Earnings Before Tax	−516 000	−175 000	−78 000	−7 000
Tax	60 000	−39 000	−17 000	−2 000
Net Income	−576 000	−137 000	−61 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	124 000	120 000	138 000
Total Current Assets	1 308 000	1 265 000	1 035 000	695 000
Total Assets	1 337 000	1 389 000	1 155 000	833 000
Total Retained Equity	−792 000	−215 000	−79 000	−17 000
Total Equity	−488 000	89 000	225 000	287 000
Total Long-Term Debt	1 008 000	741 000	421 000	286 000
Total Current Debt	817 000	559 000	509 000	260 000
Total Equity and Debt	1 337 000	1 389 000	1 155 000	833 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 767 000	1 886 000	1 724 000	1 035 000
Other Income	0	0	0	0
Revenue	1 767 000	1 886 000	1 724 000	1 035 000
Cost of Goods Sold	934 000	915 000	834 000	514 000
Salary Costs	793 000	625 000	544 000	123 000
Depreciation	35 000	35 000	35 000	35 000
Impairment	0	0	0	0
Expenditure	2 278 000	2 060 000	1 798 000	1 039 000
Operating Profit	−511 000	−173 000	−73 000	−4 000
Financial Income	0	0	0	0
Financial Costs	5 000	2 000	5 000	3 000
Financial Balance	−5 000	−2 000	−5 000	−3 000
Dividends	0	0	0	0
Net Income	−576 000	−137 000	−61 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	60 000	22 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	64 000	98 000	133 000
Total Tangible Assets	29 000	64 000	98 000	133 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	124 000	120 000	138 000
Stock	1 264 000	1 214 000	993 000	636 000
Total Investments	0	0	0	0
Cash, Bank	25 000	32 000	19 000	31 000
Total Current Assets	1 308 000	1 265 000	1 035 000	695 000
Total Assets	1 337 000	1 389 000	1 155 000	833 000
Total Equity	−488 000	89 000	225 000	287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 008 000	741 000	421 000	286 000
Creditors	397 000	273 000	308 000	185 000
Unpaid Taxes	92 000	81 000	68 000	54 000
Dividends	0	0	0	0
Other Current Debt	328 000	205 000	133 000	20 000
Total Current Debt	817 000	559 000	509 000	260 000
Total Equity and Debt	1 337 000	1 389 000	1 155 000	833 000

Financial indicators	2022	2021	2020	2019
Return on Equity	118,03 %	−153,93 %	−27,11 %	−1,74 %
Debt-to-Equity Ratio	−2,07	8,33	1,87	1
Operating Profit Margin	−28,92 %	−9,17 %	−4,23 %	−0,39 %
Current Ratio	1,6	2,26	2,03	2,67
Quick Ratio	−2,93	−1,93	−2,14	−1,85
Equity Ratio	−0,36	0,06	0,19	0,34
Gross Profit Margin	47,14 %	51,48 %	51,62 %	50,34 %