GARBELCO AS

0268 OSLO

Finances

Return on Equity

23,2 %

Current Ratio

6,03

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 887 000	586 000	639 000	5 696 000
Net Income	2 861 000	−118 000	−251 000	3 382 000
Total Assets	19 553 000	23 102 000	21 683 000	22 864 000
Total Equity	12 334 000	10 074 000	8 195 000	8 945 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 887 000	586 000	639 000	5 696 000
Expenditure	526 000	486 000	434 000	799 000
Operating Profit	5 362 000	100 000	204 000	4 896 000
Financial Income	407 000	51 000	16 000	41 000
Financial Costs	1 778 000	309 000	498 000	602 000
Financial Balance	−1 371 000	−258 000	−482 000	−561 000
Earnings Before Tax	3 991 000	−159 000	−278 000	4 335 000
Tax	1 130 000	−40 000	−27 000	953 000
Net Income	2 861 000	−118 000	−251 000	3 382 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 958 000	19 891 000	19 268 000	19 669 000
Total Current Assets	7 594 000	3 211 000	2 415 000	3 195 000
Total Assets	19 553 000	23 102 000	21 683 000	22 864 000
Total Retained Equity	10 902 000	8 641 000	6 763 000	7 513 000
Total Equity	12 334 000	10 074 000	8 195 000	8 945 000
Total Long-Term Debt	5 960 000	12 162 000	12 345 000	12 737 000
Total Current Debt	1 259 000	867 000	1 143 000	1 181 000
Total Equity and Debt	19 553 000	23 102 000	21 683 000	22 864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	89 000	86 000	84 000	82 000
Other Income	5 798 000	500 000	555 000	5 614 000
Revenue	5 887 000	586 000	639 000	5 696 000
Cost of Goods Sold	0	0	0	0
Salary Costs	13 000	−81 000	8 000	42 000
Depreciation	0	21 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	526 000	486 000	434 000	799 000
Operating Profit	5 362 000	100 000	204 000	4 896 000
Financial Income	407 000	51 000	16 000	41 000
Financial Costs	1 778 000	309 000	498 000	602 000
Financial Balance	−1 371 000	−258 000	−482 000	−561 000
Dividends	600 000	0	500 000	0
Net Income	2 861 000	−118 000	−251 000	3 382 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 395 000	14 377 000	14 398 000	14 420 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 395 000	14 377 000	14 398 000	14 420 000
Total Fiancial Fixed Assets	8 563 000	5 514 000	4 869 000	5 249 000
Total Fixed Assets	11 958 000	19 891 000	19 268 000	19 669 000
Stock	0	0	0	0
Total Investments	2 424 000	212 000	180 000	328 000
Cash, Bank	5 141 000	1 451 000	2 207 000	2 808 000
Total Current Assets	7 594 000	3 211 000	2 415 000	3 195 000
Total Assets	19 553 000	23 102 000	21 683 000	22 864 000
Total Equity	12 334 000	10 074 000	8 195 000	8 945 000
Short-Term Group Debt	0	0	0	311 000
Total Long-Term Debt	5 960 000	12 162 000	12 345 000	12 737 000
Creditors	184 000	0	25 000	575 000
Unpaid Taxes	0	0	3 000	13 000
Dividends	600 000	0	500 000	0
Other Current Debt	134 000	215 000	349 000	137 000
Total Current Debt	1 259 000	867 000	1 143 000	1 181 000
Total Equity and Debt	19 553 000	23 102 000	21 683 000	22 864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,2 %	−1,17 %	−3,06 %	37,81 %
Debt-to-Equity Ratio	0,48	1,21	1,51	1,42
Operating Profit Margin	91,08 %	17,06 %	31,92 %	85,96 %
Current Ratio	6,03	3,7	2,11	2,71
Quick Ratio	6,03	3,7	2,11	2,71
Equity Ratio	0,63	0,44	0,38	0,39
Gross Profit Margin	100 %	100 %	100 %	100 %