GARNELDORADO AS

3736 SKIEN

Finances

Share Ownership

Return on Equity

105,91 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	910 000	954 000	486 000	100 000
Net Income	−448 000	−115 000	−341 000	−22 000
Total Assets	203 000	1 160 000	663 000	312 000
Total Equity	−423 000	25 000	−333 000	8 000

Income (NOK)	2022	2021	2020	2019
Revenue	910 000	954 000	486 000	100 000
Expenditure	1 325 000	1 120 000	783 000	122 000
Operating Profit	−415 000	−165 000	−298 000	−22 000
Financial Income	0	0	0	0
Financial Costs	34 000	82 000	44 000	0
Financial Balance	−34 000	−82 000	−44 000	0
Earnings Before Tax	−449 000	−248 000	−341 000	−22 000
Tax	−1 000	−133 000	0	0
Net Income	−448 000	−115 000	−341 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	23 000	31 000	38 000
Total Current Assets	188 000	1 137 000	632 000	274 000
Total Assets	203 000	1 160 000	663 000	312 000
Total Retained Equity	−926 000	−478 000	−363 000	−22 000
Total Equity	−423 000	25 000	−333 000	8 000
Total Long-Term Debt	328 000	485 000	639 000	0
Total Current Debt	298 000	649 000	357 000	304 000
Total Equity and Debt	203 000	1 160 000	663 000	312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	910 000	954 000	486 000	100 000
Other Income	0	0	0	0
Revenue	910 000	954 000	486 000	100 000
Cost of Goods Sold	867 000	670 000	413 000	0
Salary Costs	0	0	1 000	1 000
Depreciation	8 000	8 000	8 000	0
Impairment	0	0	0	0
Expenditure	1 325 000	1 120 000	783 000	122 000
Operating Profit	−415 000	−165 000	−298 000	−22 000
Financial Income	0	0	0	0
Financial Costs	34 000	82 000	44 000	0
Financial Balance	−34 000	−82 000	−44 000	0
Dividends	0	0	0	0
Net Income	−448 000	−115 000	−341 000	−22 000

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	15 000	23 000	31 000	38 000
Total Tangible Assets	15 000	23 000	31 000	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	23 000	31 000	38 000
Stock	0	504 000	539 000	177 000
Total Investments	0	0	0	0
Cash, Bank	183 000	10 000	17 000	7 000
Total Current Assets	188 000	1 137 000	632 000	274 000
Total Assets	203 000	1 160 000	663 000	312 000
Total Equity	−423 000	25 000	−333 000	8 000
Short-Term Group Debt	106 000	325 000	85 000	0
Total Long-Term Debt	328 000	485 000	639 000	0
Creditors	36 000	41 000	47 000	9 000
Unpaid Taxes	0	1 000	17 000	0
Dividends	0	0	0	0
Other Current Debt	156 000	81 000	33 000	295 000
Total Current Debt	298 000	649 000	357 000	304 000
Total Equity and Debt	203 000	1 160 000	663 000	312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,91 %	−460 %	102,4 %	−275 %
Debt-to-Equity Ratio	−0,78	19,4	−1,92	0
Operating Profit Margin	−45,6 %	−17,3 %	−61,32 %	−22 %
Current Ratio	0,63	1,75	1,77	0,9
Quick Ratio	0,63	7,84	−3,47	2,16
Equity Ratio	−2,08	0,02	−0,5	0,03
Gross Profit Margin	4,73 %	29,77 %	15,02 %	100 %