GARNÅS SKOG OG MASKIN AS

3540 NESBYEN

Finances

Return on Equity

12,11 %

Current Ratio

6,41

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	4 551 000	3 123 000	3 020 000
Net Income	998 000	5 842 000	1 302 000
Total Assets	9 298 000	7 928 000	4 248 000
Total Equity	8 242 000	7 244 000	1 402 000

Income (NOK)	2022	2021	2020
Revenue	4 551 000	3 123 000	3 020 000
Expenditure	3 326 000	2 864 000	2 427 000
Operating Profit	1 226 000	259 000	595 000
Financial Income	55 000	5 680 000	856 000
Financial Costs	1 000	0	15 000
Financial Balance	54 000	5 680 000	841 000
Earnings Before Tax	1 280 000	5 939 000	1 435 000
Tax	282 000	97 000	133 000
Net Income	998 000	5 842 000	1 302 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 532 000	2 185 000	2 610 000
Total Current Assets	5 766 000	5 743 000	1 638 000
Total Assets	9 298 000	7 928 000	4 248 000
Total Retained Equity	8 142 000	7 144 000	1 302 000
Total Equity	8 242 000	7 244 000	1 402 000
Total Long-Term Debt	156 000	19 000	25 000
Total Current Debt	899 000	665 000	2 821 000
Total Equity and Debt	9 298 000	7 928 000	4 248 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 906 000	3 123 000	3 020 000
Other Income	645 000	0	0
Revenue	4 551 000	3 123 000	3 020 000
Cost of Goods Sold	1 059 000	953 000	792 000
Salary Costs	509 000	354 000	287 000
Depreciation	641 000	320 000	248 000
Impairment	0	0	0
Expenditure	3 326 000	2 864 000	2 427 000
Operating Profit	1 226 000	259 000	595 000
Financial Income	55 000	5 680 000	856 000
Financial Costs	1 000	0	15 000
Financial Balance	54 000	5 680 000	841 000
Dividends	0	0	0
Net Income	998 000	5 842 000	1 302 000

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	2 840 000	790 000	965 000
Fixtures	296 000	385 000	410 000
Total Tangible Assets	3 136 000	1 175 000	1 375 000
Total Fiancial Fixed Assets	396 000	1 010 000	1 235 000
Total Fixed Assets	3 532 000	2 185 000	2 610 000
Stock	0	10 000	0
Total Investments	0	0	0
Cash, Bank	5 150 000	5 172 000	915 000
Total Current Assets	5 766 000	5 743 000	1 638 000
Total Assets	9 298 000	7 928 000	4 248 000
Total Equity	8 242 000	7 244 000	1 402 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	156 000	19 000	25 000
Creditors	461 000	435 000	189 000
Unpaid Taxes	231 000	94 000	130 000
Dividends	0	0	0
Other Current Debt	63 000	32 000	2 395 000
Total Current Debt	899 000	665 000	2 821 000
Total Equity and Debt	9 298 000	7 928 000	4 248 000

Financial indicators	2022	2021	2020
Return on Equity	12,11 %	80,65 %	92,87 %
Debt-to-Equity Ratio	0,02	0	0,02
Operating Profit Margin	26,94 %	8,29 %	19,7 %
Current Ratio	6,41	8,64	0,58
Quick Ratio	6,41	8,77	0,58
Equity Ratio	0,89	0,91	0,33
Gross Profit Margin	76,73 %	69,48 %	73,77 %