GARM EIENDOM AS

8656 MOSJØEN

Finances

Share Ownership

Return on Equity

4,1 %

Current Ratio

1,92

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020
Revenue	1 305 000	1 258 000	1 301 000
Net Income	348 000	−232 000	−11 000
Total Assets	10 755 000	10 841 000	10 581 000
Total Equity	8 493 000	9 145 000	10 129 000

Income (NOK)	2022	2021	2020
Revenue	1 305 000	1 258 000	1 301 000
Expenditure	884 000	1 567 000	1 335 000
Operating Profit	421 000	−309 000	−32 000
Financial Income	25 000	11 000	34 000
Financial Costs	0	0	46 000
Financial Balance	25 000	11 000	−12 000
Earnings Before Tax	446 000	−298 000	−45 000
Tax	98 000	−65 000	−34 000
Net Income	348 000	−232 000	−11 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	8 570 000	9 034 000	8 464 000
Total Current Assets	2 185 000	1 807 000	2 117 000
Total Assets	10 755 000	10 841 000	10 581 000
Total Retained Equity	5 382 000	6 035 000	7 018 000
Total Equity	8 493 000	9 145 000	10 129 000
Total Long-Term Debt	1 126 000	1 161 000	300 000
Total Current Debt	1 136 000	534 000	152 000
Total Equity and Debt	10 755 000	10 841 000	10 581 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	1 305 000	1 258 000	1 301 000
Revenue	1 305 000	1 258 000	1 301 000
Cost of Goods Sold	0	0	0
Salary Costs	0	322 000	234 000
Depreciation	520 000	525 000	317 000
Impairment	0	0	0
Expenditure	884 000	1 567 000	1 335 000
Operating Profit	421 000	−309 000	−32 000
Financial Income	25 000	11 000	34 000
Financial Costs	0	0	46 000
Financial Balance	25 000	11 000	−12 000
Dividends	1 000 000	500 000	0
Net Income	348 000	−232 000	−11 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	7 946 000	8 317 000	8 394 000
Machinery and Plant Facilities	0	0	0
Fixtures	624 000	717 000	70 000
Total Tangible Assets	8 570 000	9 034 000	8 464 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	8 570 000	9 034 000	8 464 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 155 000	1 778 000	2 062 000
Total Current Assets	2 185 000	1 807 000	2 117 000
Total Assets	10 755 000	10 841 000	10 581 000
Total Equity	8 493 000	9 145 000	10 129 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 126 000	1 161 000	300 000
Creditors	21 000	0	43 000
Unpaid Taxes	17 000	0	86 000
Dividends	1 000 000	500 000	0
Other Current Debt	40 000	34 000	23 000
Total Current Debt	1 136 000	534 000	152 000
Total Equity and Debt	10 755 000	10 841 000	10 581 000

Financial indicators	2022	2021	2020
Return on Equity	4,1 %	−2,54 %	−0,11 %
Debt-to-Equity Ratio	0,13	0,13	0,03
Operating Profit Margin	32,26 %	−24,56 %	−2,46 %
Current Ratio	1,92	3,38	13,93
Quick Ratio	1,92	3,38	13,93
Equity Ratio	0,79	0,84	0,96
Gross Profit Margin	100 %	100 %	100 %