GARNTOPIA AS

0661 OSLO

Finances

Share Ownership

Return on Equity

32,92 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 346 000	16 193 000	14 785 000	8 843 000
Net Income	1 993 000	2 080 000	2 136 000	1 105 000
Total Assets	9 034 000	7 212 000	5 995 000	3 351 000
Total Equity	6 054 000	4 661 000	3 581 000	1 445 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 346 000	16 193 000	14 785 000	8 843 000
Expenditure	14 766 000	13 502 000	12 042 000	7 407 000
Operating Profit	2 579 000	2 691 000	2 743 000	1 437 000
Financial Income	145 000	3 000	4 000	1 000
Financial Costs	168 000	27 000	8 000	11 000
Financial Balance	−23 000	−24 000	−4 000	−10 000
Earnings Before Tax	2 556 000	2 666 000	2 739 000	1 426 000
Tax	563 000	587 000	603 000	321 000
Net Income	1 993 000	2 080 000	2 136 000	1 105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	111 000	56 000	55 000
Total Current Assets	8 926 000	7 101 000	5 940 000	3 296 000
Total Assets	9 034 000	7 212 000	5 995 000	3 351 000
Total Retained Equity	5 854 000	4 461 000	3 381 000	1 245 000
Total Equity	6 054 000	4 661 000	3 581 000	1 445 000
Total Long-Term Debt	0	2 000	266 000	571 000
Total Current Debt	2 980 000	2 549 000	2 148 000	1 335 000
Total Equity and Debt	9 034 000	7 212 000	5 995 000	3 351 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 341 000	16 152 000	14 785 000	8 843 000
Other Income	5 000	41 000	0	0
Revenue	17 346 000	16 193 000	14 785 000	8 843 000
Cost of Goods Sold	8 490 000	8 059 000	7 955 000	4 800 000
Salary Costs	3 155 000	2 929 000	2 459 000	1 313 000
Depreciation	41 000	34 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	14 766 000	13 502 000	12 042 000	7 407 000
Operating Profit	2 579 000	2 691 000	2 743 000	1 437 000
Financial Income	145 000	3 000	4 000	1 000
Financial Costs	168 000	27 000	8 000	11 000
Financial Balance	−23 000	−24 000	−4 000	−10 000
Dividends	600 000	1 000 000	0	0
Net Income	1 993 000	2 080 000	2 136 000	1 105 000

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	108 000	111 000	56 000	55 000
Total Tangible Assets	108 000	111 000	56 000	55 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	108 000	111 000	56 000	55 000
Stock	4 008 000	2 730 000	1 598 000	1 131 000
Total Investments	0	0	0	0
Cash, Bank	4 426 000	4 043 000	4 229 000	2 015 000
Total Current Assets	8 926 000	7 101 000	5 940 000	3 296 000
Total Assets	9 034 000	7 212 000	5 995 000	3 351 000
Total Equity	6 054 000	4 661 000	3 581 000	1 445 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	266 000	571 000
Creditors	331 000	384 000	257 000	164 000
Unpaid Taxes	847 000	894 000	668 000	534 000
Dividends	600 000	1 000 000	0	0
Other Current Debt	637 000	685 000	621 000	315 000
Total Current Debt	2 980 000	2 549 000	2 148 000	1 335 000
Total Equity and Debt	9 034 000	7 212 000	5 995 000	3 351 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,92 %	44,63 %	59,65 %	76,47 %
Debt-to-Equity Ratio	0	0	0,07	0,4
Operating Profit Margin	14,87 %	16,62 %	18,55 %	16,25 %
Current Ratio	3	2,79	2,77	2,47
Quick Ratio	−8,68	−39,23	10,8	16,16
Equity Ratio	0,67	0,65	0,6	0,43
Gross Profit Margin	51,05 %	50,23 %	46,2 %	45,72 %