GARÅS HESTESENTER AS

0198 OSLO

Finances

Share Ownership

Return on Equity

38,76 %

Current Ratio

0,42

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	1 329 000	1 356 000	1 186 000
Net Income	−795 000	−942 000	−609 000
Total Assets	1 686 000	1 076 000	612 000
Total Equity	−2 051 000	−1 257 000	−314 000

Income (NOK)	2022	2021	2020
Revenue	1 329 000	1 356 000	1 186 000
Expenditure	2 124 000	2 295 000	1 793 000
Operating Profit	−795 000	−939 000	−608 000
Financial Income	0	0	0
Financial Costs	0	4 000	2 000
Financial Balance	0	−4 000	−2 000
Earnings Before Tax	−795 000	−942 000	−609 000
Tax	0	0	0
Net Income	−795 000	−942 000	−609 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	118 000	346 000	0
Total Current Assets	1 568 000	730 000	612 000
Total Assets	1 686 000	1 076 000	612 000
Total Retained Equity	−2 346 000	−1 551 000	−609 000
Total Equity	−2 051 000	−1 257 000	−314 000
Total Long-Term Debt	0	0	0
Total Current Debt	3 737 000	2 332 000	926 000
Total Equity and Debt	1 686 000	1 076 000	612 000

Cash flow (NOK)	2022	2021	2020
Sales Income	272 000	415 000	412 000
Other Income	1 057 000	941 000	774 000
Revenue	1 329 000	1 356 000	1 186 000
Cost of Goods Sold	474 000	187 000	268 000
Salary Costs	535 000	798 000	544 000
Depreciation	143 000	73 000	0
Impairment	81 000	0	0
Expenditure	2 124 000	2 295 000	1 793 000
Operating Profit	−795 000	−939 000	−608 000
Financial Income	0	0	0
Financial Costs	0	4 000	2 000
Financial Balance	0	−4 000	−2 000
Dividends	0	0	0
Net Income	−795 000	−942 000	−609 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	118 000	249 000	0
Fixtures	0	97 000	0
Total Tangible Assets	118 000	346 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	118 000	346 000	0
Stock	0	149 000	48 000
Total Investments	0	0	0
Cash, Bank	415 000	69 000	423 000
Total Current Assets	1 568 000	730 000	612 000
Total Assets	1 686 000	1 076 000	612 000
Total Equity	−2 051 000	−1 257 000	−314 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	5 000	621 000	790 000
Unpaid Taxes	140 000	16 000	48 000
Dividends	0	0	0
Other Current Debt	3 591 000	1 695 000	88 000
Total Current Debt	3 737 000	2 332 000	926 000
Total Equity and Debt	1 686 000	1 076 000	612 000

Financial indicators	2022	2021	2020
Return on Equity	38,76 %	74,94 %	193,95 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	−59,82 %	−69,25 %	−51,26 %
Current Ratio	0,42	0,31	0,66
Quick Ratio	0,42	0,33	0,7
Equity Ratio	−1,22	−1,17	−0,51
Gross Profit Margin	64,33 %	86,21 %	77,4 %