GARDSTEIG AS

3895 EDLAND

Finances

Share Ownership

Return on Equity

48,39 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	320 000	0	350 000	0
Net Income	15 000	0	27 000	−55 000
Total Assets	4 937 000	30 000	4 907 000	3 875 000
Total Equity	31 000	30 000	2 000	−25 000

Income (NOK)	2022	2020	2019
Revenue	320 000	350 000	0
Expenditure	306 000	108 000	58 000
Operating Profit	15 000	242 000	42 000
Financial Income	0	0	0
Financial Costs	0	215 000	97 000
Financial Balance	0	−215 000	−97 000
Earnings Before Tax	15 000	27 000	−55 000
Tax	0	0	0
Net Income	15 000	27 000	−55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 937 000	30 000	4 907 000	3 875 000
Total Assets	4 937 000	30 000	4 907 000	3 875 000
Total Retained Equity	1 000	0	−28 000	−55 000
Total Equity	31 000	30 000	2 000	−25 000
Total Long-Term Debt	0	0	4 200 000	3 500 000
Total Current Debt	4 906 000	0	706 000	401 000
Total Equity and Debt	4 937 000	30 000	4 907 000	3 875 000

Cash flow (NOK)	2022	2020	2019
Sales Income	320 000	350 000	0
Other Income	0	0	0
Revenue	320 000	350 000	0
Cost of Goods Sold	236 000	100 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	306 000	108 000	58 000
Operating Profit	15 000	242 000	42 000
Financial Income	0	0	0
Financial Costs	0	215 000	97 000
Financial Balance	0	−215 000	−97 000
Dividends	0	0	0
Net Income	15 000	27 000	−55 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	4 559 000	0	4 269 000	3 282 000
Total Investments	0	0	0	0
Cash, Bank	371 000	30 000	484 000	593 000
Total Current Assets	4 937 000	30 000	4 907 000	3 875 000
Total Assets	4 937 000	30 000	4 907 000	3 875 000
Total Equity	31 000	30 000	2 000	−25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	4 200 000	3 500 000
Creditors	0	0	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	706 000	0	704 000	401 000
Total Current Debt	4 906 000	0	706 000	401 000
Total Equity and Debt	4 937 000	30 000	4 907 000	3 875 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,39 %	0 %	1 350 %	220 %
Debt-to-Equity Ratio	0	0	2 100	−140
Operating Profit Margin	4,69 %	-	69,14 %	-
Current Ratio	1,01	-	6,95	9,66
Quick Ratio	14,23	-	−1,38	−1,35
Equity Ratio	0,01	1	0	−0,01
Gross Profit Margin	26,25 %	-	71,43 %	-