GAARDER SYKKELSPORT AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

14,58 %

Current Ratio

2,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 553 000	10 738 000	12 271 000	7 179 000
Net Income	427 000	780 000	1 835 000	625 000
Total Assets	4 969 000	3 921 000	3 895 000	2 915 000
Total Equity	2 929 000	2 502 000	1 922 000	1 007 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 553 000	10 738 000	12 271 000	7 179 000
Expenditure	7 987 000	9 728 000	9 910 000	6 377 000
Operating Profit	566 000	1 009 000	2 361 000	803 000
Financial Income	0	0	0	1 000
Financial Costs	12 000	4 000	10 000	6 000
Financial Balance	−12 000	−4 000	−10 000	−5 000
Earnings Before Tax	553 000	1 005 000	2 351 000	798 000
Tax	127 000	225 000	516 000	172 000
Net Income	427 000	780 000	1 835 000	625 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	1 000	1 000
Total Current Assets	4 969 000	3 920 000	3 895 000	2 914 000
Total Assets	4 969 000	3 921 000	3 895 000	2 915 000
Total Retained Equity	2 829 000	2 402 000	1 822 000	907 000
Total Equity	2 929 000	2 502 000	1 922 000	1 007 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 040 000	1 419 000	1 973 000	1 908 000
Total Equity and Debt	4 969 000	3 921 000	3 895 000	2 915 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 516 000	10 718 000	12 165 000	7 089 000
Other Income	36 000	20 000	106 000	91 000
Revenue	8 553 000	10 738 000	12 271 000	7 179 000
Cost of Goods Sold	4 418 000	5 849 000	6 427 000	3 769 000
Salary Costs	2 157 000	2 368 000	2 147 000	1 417 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 987 000	9 728 000	9 910 000	6 377 000
Operating Profit	566 000	1 009 000	2 361 000	803 000
Financial Income	0	0	0	1 000
Financial Costs	12 000	4 000	10 000	6 000
Financial Balance	−12 000	−4 000	−10 000	−5 000
Dividends	0	200 000	920 000	550 000
Net Income	427 000	780 000	1 835 000	625 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	1 000	1 000	1 000	1 000
Stock	4 841 000	3 091 000	2 061 000	1 573 000
Total Investments	0	0	0	0
Cash, Bank	55 000	711 000	1 330 000	1 027 000
Total Current Assets	4 969 000	3 920 000	3 895 000	2 914 000
Total Assets	4 969 000	3 921 000	3 895 000	2 915 000
Total Equity	2 929 000	2 502 000	1 922 000	1 007 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	478 000	197 000	198 000	781 000
Unpaid Taxes	184 000	237 000	222 000	142 000
Dividends	0	200 000	920 000	550 000
Other Current Debt	428 000	560 000	338 000	262 000
Total Current Debt	2 040 000	1 419 000	1 973 000	1 908 000
Total Equity and Debt	4 969 000	3 921 000	3 895 000	2 915 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,58 %	31,18 %	95,47 %	62,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,62 %	9,4 %	19,24 %	11,19 %
Current Ratio	2,44	2,76	1,97	1,53
Quick Ratio	−1,77	−2,34	−44,26	8,7
Equity Ratio	0,59	0,64	0,49	0,35
Gross Profit Margin	48,35 %	45,53 %	47,62 %	47,5 %