GARN & SØMATELIER AS

3160 STOKKE

Finances

Share Ownership

Return on Equity

−17,87 %

Current Ratio

4,3

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 077 000	3 174 000	3 040 000	2 160 000
Net Income	−163 000	279 000	566 000	219 000
Total Assets	1 843 000	2 038 000	1 893 000	1 150 000
Total Equity	912 000	1 076 000	797 000	231 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 077 000	3 174 000	3 040 000	2 160 000
Expenditure	3 226 000	2 808 000	2 304 000	1 863 000
Operating Profit	−147 000	367 000	737 000	298 000
Financial Income	1 000	0	0	0
Financial Costs	16 000	11 000	16 000	17 000
Financial Balance	−15 000	−11 000	−16 000	−17 000
Earnings Before Tax	−163 000	355 000	721 000	281 000
Tax	0	76 000	155 000	62 000
Net Income	−163 000	279 000	566 000	219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	8 000	12 000	15 000
Total Current Assets	1 840 000	2 030 000	1 882 000	1 135 000
Total Assets	1 843 000	2 038 000	1 893 000	1 150 000
Total Retained Equity	882 000	1 046 000	767 000	201 000
Total Equity	912 000	1 076 000	797 000	231 000
Total Long-Term Debt	503 000	542 000	582 000	621 000
Total Current Debt	428 000	420 000	514 000	299 000
Total Equity and Debt	1 843 000	2 038 000	1 893 000	1 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 077 000	3 174 000	3 040 000	2 160 000
Other Income	0	0	0	0
Revenue	3 077 000	3 174 000	3 040 000	2 160 000
Cost of Goods Sold	1 511 000	1 308 000	909 000	777 000
Salary Costs	1 400 000	1 163 000	1 076 000	749 000
Depreciation	4 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	3 226 000	2 808 000	2 304 000	1 863 000
Operating Profit	−147 000	367 000	737 000	298 000
Financial Income	1 000	0	0	0
Financial Costs	16 000	11 000	16 000	17 000
Financial Balance	−15 000	−11 000	−16 000	−17 000
Dividends	0	0	0	0
Net Income	−163 000	279 000	566 000	219 000

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	4 000	8 000	12 000	15 000
Total Tangible Assets	4 000	8 000	12 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	8 000	12 000	15 000
Stock	1 664 000	1 847 000	1 544 000	845 000
Total Investments	0	0	0	0
Cash, Bank	155 000	169 000	333 000	263 000
Total Current Assets	1 840 000	2 030 000	1 882 000	1 135 000
Total Assets	1 843 000	2 038 000	1 893 000	1 150 000
Total Equity	912 000	1 076 000	797 000	231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	503 000	542 000	582 000	621 000
Creditors	100 000	44 000	72 000	52 000
Unpaid Taxes	173 000	170 000	172 000	106 000
Dividends	0	0	0	0
Other Current Debt	155 000	130 000	111 000	78 000
Total Current Debt	428 000	420 000	514 000	299 000
Total Equity and Debt	1 843 000	2 038 000	1 893 000	1 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,87 %	25,93 %	71,02 %	94,81 %
Debt-to-Equity Ratio	0,55	0,5	0,73	2,69
Operating Profit Margin	−4,78 %	11,56 %	24,24 %	13,8 %
Current Ratio	4,3	4,83	3,66	3,8
Quick Ratio	−1,49	−1,42	−1,83	−2,08
Equity Ratio	0,49	0,53	0,42	0,2
Gross Profit Margin	50,89 %	58,79 %	70,1 %	64,03 %