GARVIK PROSJEKT AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

−42,27 %

Current Ratio

0,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 415 000	59 047 000	38 601 000	59 131 000
Net Income	−2 524 000	−2 223 000	−2 154 000	1 060 000
Total Assets	22 358 000	27 443 000	23 289 000	21 796 000
Total Equity	5 971 000	8 115 000	9 874 000	7 887 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 415 000	59 047 000	38 601 000	59 131 000
Expenditure	59 706 000	62 032 000	41 092 000	58 133 000
Operating Profit	−2 291 000	−2 985 000	−2 491 000	997 000
Financial Income	0	367 000	0	0
Financial Costs	513 000	227 000	269 000	366 000
Financial Balance	−513 000	140 000	−269 000	−366 000
Earnings Before Tax	−2 804 000	−2 845 000	−2 760 000	631 000
Tax	−280 000	−622 000	−607 000	−429 000
Net Income	−2 524 000	−2 223 000	−2 154 000	1 060 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 052 000	13 307 000	12 989 000	11 146 000
Total Current Assets	11 306 000	14 136 000	10 300 000	10 650 000
Total Assets	22 358 000	27 443 000	23 289 000	21 796 000
Total Retained Equity	−6 474 000	−3 950 000	−1 727 000	427 000
Total Equity	5 971 000	8 115 000	9 874 000	7 887 000
Total Long-Term Debt	0	416 000	965 000	103 000
Total Current Debt	16 387 000	18 912 000	12 450 000	13 807 000
Total Equity and Debt	22 358 000	27 443 000	23 289 000	21 796 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 415 000	59 047 000	38 345 000	59 131 000
Other Income	0	0	256 000	0
Revenue	57 415 000	59 047 000	38 601 000	59 131 000
Cost of Goods Sold	44 304 000	46 468 000	27 659 000	44 018 000
Salary Costs	12 250 000	11 843 000	9 773 000	10 445 000
Depreciation	156 000	134 000	103 000	76 000
Impairment	0	0	0	0
Expenditure	59 706 000	62 032 000	41 092 000	58 133 000
Operating Profit	−2 291 000	−2 985 000	−2 491 000	997 000
Financial Income	0	367 000	0	0
Financial Costs	513 000	227 000	269 000	366 000
Financial Balance	−513 000	140 000	−269 000	−366 000
Dividends	0	0	0	0
Net Income	−2 524 000	−2 223 000	−2 154 000	1 060 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	417 000	505 000	527 000	234 000
Total Tangible Assets	417 000	505 000	527 000	234 000
Total Fiancial Fixed Assets	10 635 000	12 802 000	12 462 000	10 912 000
Total Fixed Assets	11 052 000	13 307 000	12 989 000	11 146 000
Stock	0	0	0	0
Total Investments	130 000	10 000	0	0
Cash, Bank	340 000	474 000	344 000	303 000
Total Current Assets	11 306 000	14 136 000	10 300 000	10 650 000
Total Assets	22 358 000	27 443 000	23 289 000	21 796 000
Total Equity	5 971 000	8 115 000	9 874 000	7 887 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	416 000	965 000	103 000
Creditors	7 759 000	8 290 000	6 082 000	6 658 000
Unpaid Taxes	1 059 000	1 887 000	1 023 000	772 000
Dividends	0	0	0	0
Other Current Debt	2 351 000	4 773 000	1 753 000	1 331 000
Total Current Debt	16 387 000	18 912 000	12 450 000	13 807 000
Total Equity and Debt	22 358 000	27 443 000	23 289 000	21 796 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,27 %	−27,39 %	−21,81 %	13,44 %
Debt-to-Equity Ratio	0	0,05	0,1	0,01
Operating Profit Margin	−3,99 %	−5,06 %	−6,45 %	1,69 %
Current Ratio	0,69	0,75	0,83	0,77
Quick Ratio	0,69	0,75	0,83	0,77
Equity Ratio	0,27	0,3	0,42	0,36
Gross Profit Margin	22,84 %	21,3 %	28,35 %	25,56 %