GARAAS MØBLER AS

3612 KONGSBERG

Finances

Share Ownership

Return on Equity

52,3 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 440 000	34 847 000	29 281 000	23 112 000
Net Income	3 337 000	3 869 000	2 035 000	688 000
Total Assets	14 831 000	15 358 000	12 110 000	8 653 000
Total Equity	6 380 000	6 043 000	5 174 000	5 139 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 440 000	34 847 000	29 281 000	23 112 000
Expenditure	29 230 000	29 924 000	26 684 000	22 320 000
Operating Profit	4 211 000	4 924 000	2 596 000	792 000
Financial Income	72 000	64 000	43 000	121 000
Financial Costs	2 000	27 000	29 000	29 000
Financial Balance	70 000	37 000	14 000	92 000
Earnings Before Tax	4 280 000	4 961 000	2 611 000	885 000
Tax	943 000	1 091 000	576 000	197 000
Net Income	3 337 000	3 869 000	2 035 000	688 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	355 000	177 000	153 000	314 000
Total Current Assets	14 475 000	15 181 000	11 958 000	8 338 000
Total Assets	14 831 000	15 358 000	12 110 000	8 653 000
Total Retained Equity	−1 901 000	−2 238 000	−3 107 000	−3 142 000
Total Equity	6 380 000	6 043 000	5 174 000	5 139 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 451 000	9 315 000	6 937 000	3 514 000
Total Equity and Debt	14 831 000	15 358 000	12 110 000	8 653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 115 000	34 503 000	29 223 000	23 040 000
Other Income	325 000	344 000	58 000	72 000
Revenue	33 440 000	34 847 000	29 281 000	23 112 000
Cost of Goods Sold	18 677 000	19 066 000	16 414 000	13 318 000
Salary Costs	4 689 000	5 539 000	5 080 000	4 465 000
Depreciation	69 000	55 000	251 000	260 000
Impairment	0	0	0	0
Expenditure	29 230 000	29 924 000	26 684 000	22 320 000
Operating Profit	4 211 000	4 924 000	2 596 000	792 000
Financial Income	72 000	64 000	43 000	121 000
Financial Costs	2 000	27 000	29 000	29 000
Financial Balance	70 000	37 000	14 000	92 000
Dividends	3 000 000	3 000 000	2 000 000	400 000
Net Income	3 337 000	3 869 000	2 035 000	688 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	52 000	45 000	63 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	306 000	125 000	108 000	251 000
Total Tangible Assets	306 000	125 000	108 000	251 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	355 000	177 000	153 000	314 000
Stock	6 305 000	6 102 000	4 550 000	4 665 000
Total Investments	0	0	0	0
Cash, Bank	1 876 000	2 649 000	2 045 000	2 573 000
Total Current Assets	14 475 000	15 181 000	11 958 000	8 338 000
Total Assets	14 831 000	15 358 000	12 110 000	8 653 000
Total Equity	6 380 000	6 043 000	5 174 000	5 139 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 367 000	1 149 000	825 000	604 000
Unpaid Taxes	951 000	944 000	614 000	673 000
Dividends	3 000 000	3 000 000	2 000 000	400 000
Other Current Debt	2 192 000	3 124 000	4 940 000	2 040 000
Total Current Debt	8 451 000	9 315 000	6 937 000	3 514 000
Total Equity and Debt	14 831 000	15 358 000	12 110 000	8 653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,3 %	64,02 %	39,33 %	13,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,59 %	14,13 %	8,87 %	3,43 %
Current Ratio	1,71	1,63	1,72	2,37
Quick Ratio	6,75	4,72	5,01	−7,24
Equity Ratio	0,43	0,39	0,43	0,59
Gross Profit Margin	44,15 %	45,29 %	43,94 %	42,38 %