GARTRADE AS

0268 OSLO

Finances

Share Ownership

Return on Equity

31,21 %

Current Ratio

2,19

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 522 000	2 965 000	2 732 000	3 272 000
Net Income	1 308 000	−577 000	250 000	516 000
Total Assets	8 193 000	12 668 000	13 343 000	12 493 000
Total Equity	4 191 000	2 883 000	2 951 000	2 701 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 522 000	2 965 000	2 732 000	3 272 000
Expenditure	870 000	3 612 000	2 313 000	2 476 000
Operating Profit	1 652 000	−648 000	419 000	796 000
Financial Income	34 000	2 000	2 000	2 000
Financial Costs	9 000	88 000	99 000	124 000
Financial Balance	25 000	−86 000	−97 000	−122 000
Earnings Before Tax	1 677 000	−733 000	322 000	674 000
Tax	369 000	−156 000	72 000	157 000
Net Income	1 308 000	−577 000	250 000	516 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	8 475 000	8 471 000	8 483 000
Total Current Assets	8 193 000	4 194 000	4 872 000	4 010 000
Total Assets	8 193 000	12 668 000	13 343 000	12 493 000
Total Retained Equity	1 012 000	−297 000	280 000	30 000
Total Equity	4 191 000	2 883 000	2 951 000	2 701 000
Total Long-Term Debt	268 000	3 813 000	3 826 000	3 894 000
Total Current Debt	3 734 000	5 972 000	6 565 000	5 898 000
Total Equity and Debt	8 193 000	12 668 000	13 343 000	12 493 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	999 000	2 965 000	2 732 000	3 272 000
Other Income	1 523 000	0	0	0
Revenue	2 522 000	2 965 000	2 732 000	3 272 000
Cost of Goods Sold	383 000	1 545 000	424 000	947 000
Salary Costs	268 000	1 298 000	1 410 000	940 000
Depreciation	0	0	10 000	10 000
Impairment	0	0	0	0
Expenditure	870 000	3 612 000	2 313 000	2 476 000
Operating Profit	1 652 000	−648 000	419 000	796 000
Financial Income	34 000	2 000	2 000	2 000
Financial Costs	9 000	88 000	99 000	124 000
Financial Balance	25 000	−86 000	−97 000	−122 000
Dividends	0	0	0	0
Net Income	1 308 000	−577 000	250 000	516 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	8 471 000	8 471 000	8 471 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	10 000
Total Tangible Assets	0	8 471 000	8 471 000	8 481 000
Total Fiancial Fixed Assets	0	4 000	0	2 000
Total Fixed Assets	0	8 475 000	8 471 000	8 483 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 924 000	1 118 000	128 000	177 000
Total Current Assets	8 193 000	4 194 000	4 872 000	4 010 000
Total Assets	8 193 000	12 668 000	13 343 000	12 493 000
Total Equity	4 191 000	2 883 000	2 951 000	2 701 000
Short-Term Group Debt	1 239 000	4 049 000	4 111 000	5 510 000
Total Long-Term Debt	268 000	3 813 000	3 826 000	3 894 000
Creditors	0	35 000	0	12 000
Unpaid Taxes	145 000	225 000	635 000	284 000
Dividends	0	0	0	0
Other Current Debt	22 000	166 000	252 000	92 000
Total Current Debt	3 734 000	5 972 000	6 565 000	5 898 000
Total Equity and Debt	8 193 000	12 668 000	13 343 000	12 493 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,21 %	−20,01 %	8,47 %	19,1 %
Debt-to-Equity Ratio	0,06	1,32	1,3	1,44
Operating Profit Margin	65,5 %	−21,85 %	15,34 %	24,33 %
Current Ratio	2,19	0,7	0,74	0,68
Quick Ratio	2,19	0,7	0,74	0,68
Equity Ratio	0,51	0,23	0,22	0,22
Gross Profit Margin	84,81 %	47,89 %	84,48 %	71,06 %