GARMANN GATE 7 AS

5379 STEINSLAND

Finances

Share Ownership

Return on Equity

150,7 %

Current Ratio

0,14

Debt-to-Equity Ratio

26,89

Key figures (NOK)	2022	2021	2020
Revenue	793 000	611 000	249 000
Net Income	321 000	−60 000	−37 000
Total Assets	6 507 000	6 471 000	5 963 000
Total Equity	213 000	128 000	189 000

Income (NOK)	2022	2021	2020
Revenue	793 000	611 000	249 000
Expenditure	179 000	482 000	217 000
Operating Profit	614 000	130 000	31 000
Financial Income	4 000	0	0
Financial Costs	231 000	190 000	69 000
Financial Balance	−227 000	−190 000	−69 000
Earnings Before Tax	387 000	−60 000	−37 000
Tax	67 000	0	0
Net Income	321 000	−60 000	−37 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 426 000	6 410 000	5 753 000
Total Current Assets	81 000	61 000	210 000
Total Assets	6 507 000	6 471 000	5 963 000
Total Retained Equity	−13 000	−97 000	−37 000
Total Equity	213 000	128 000	189 000
Total Long-Term Debt	5 727 000	5 959 000	5 548 000
Total Current Debt	566 000	384 000	226 000
Total Equity and Debt	6 507 000	6 471 000	5 963 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	793 000	611 000	249 000
Revenue	793 000	611 000	249 000
Cost of Goods Sold	0	0	0
Salary Costs	0	4 000	2 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	179 000	482 000	217 000
Operating Profit	614 000	130 000	31 000
Financial Income	4 000	0	0
Financial Costs	231 000	190 000	69 000
Financial Balance	−227 000	−190 000	−69 000
Dividends	0	0	0
Net Income	321 000	−60 000	−37 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	6 426 000	6 410 000	5 753 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	6 426 000	6 410 000	5 753 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 426 000	6 410 000	5 753 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	66 000	61 000	204 000
Total Current Assets	81 000	61 000	210 000
Total Assets	6 507 000	6 471 000	5 963 000
Total Equity	213 000	128 000	189 000
Short-Term Group Debt	440 000	0	7 000
Total Long-Term Debt	5 727 000	5 959 000	5 548 000
Creditors	4 000	218 000	17 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	123 000	166 000	202 000
Total Current Debt	566 000	384 000	226 000
Total Equity and Debt	6 507 000	6 471 000	5 963 000

Financial indicators	2022	2021	2020
Return on Equity	150,7 %	−46,88 %	−19,58 %
Debt-to-Equity Ratio	26,89	46,55	29,35
Operating Profit Margin	77,43 %	21,28 %	12,45 %
Current Ratio	0,14	0,16	0,93
Quick Ratio	0,14	0,16	0,93
Equity Ratio	0,03	0,02	0,03
Gross Profit Margin	100 %	100 %	100 %