GARBO NORGE AS

0355 OSLO

Finances

Share Ownership

Return on Equity

3,94 %

Current Ratio

2,58

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 030 000	18 932 000	19 121 000	22 560 000
Net Income	293 000	1 000 000	2 254 000	253 000
Total Assets	11 658 000	12 322 000	12 094 000	9 672 000
Total Equity	7 435 000	8 541 000	7 542 000	5 888 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 030 000	18 932 000	19 121 000	22 560 000
Expenditure	21 770 000	17 648 000	15 522 000	22 177 000
Operating Profit	259 000	1 284 000	3 598 000	383 000
Financial Income	127 000	176 000	20 000	19 000
Financial Costs	7 000	172 000	726 000	37 000
Financial Balance	120 000	4 000	−706 000	−18 000
Earnings Before Tax	380 000	1 288 000	2 893 000	365 000
Tax	86 000	288 000	639 000	112 000
Net Income	293 000	1 000 000	2 254 000	253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 471 000	1 654 000	710 000	536 000
Total Current Assets	10 188 000	10 667 000	11 384 000	9 136 000
Total Assets	11 658 000	12 322 000	12 094 000	9 672 000
Total Retained Equity	6 835 000	7 941 000	6 942 000	5 288 000
Total Equity	7 435 000	8 541 000	7 542 000	5 888 000
Total Long-Term Debt	282 000	327 000	0	0
Total Current Debt	3 942 000	3 453 000	4 553 000	3 785 000
Total Equity and Debt	11 658 000	12 322 000	12 094 000	9 672 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 030 000	18 783 000	18 879 000	22 560 000
Other Income	0	149 000	242 000	0
Revenue	22 030 000	18 932 000	19 121 000	22 560 000
Cost of Goods Sold	14 299 000	11 789 000	9 505 000	15 456 000
Salary Costs	3 045 000	2 224 000	2 384 000	2 362 000
Depreciation	217 000	99 000	98 000	95 000
Impairment	0	0	0	0
Expenditure	21 770 000	17 648 000	15 522 000	22 177 000
Operating Profit	259 000	1 284 000	3 598 000	383 000
Financial Income	127 000	176 000	20 000	19 000
Financial Costs	7 000	172 000	726 000	37 000
Financial Balance	120 000	4 000	−706 000	−18 000
Dividends	1 400 000	0	600 000	0
Net Income	293 000	1 000 000	2 254 000	253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	733 000	733 000	550 000	305 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	737 000	933 000	160 000	231 000
Total Tangible Assets	737 000	933 000	160 000	231 000
Total Fiancial Fixed Assets	0	−13 000	0	0
Total Fixed Assets	1 471 000	1 654 000	710 000	536 000
Stock	5 677 000	6 102 000	8 384 000	8 639 000
Total Investments	0	0	0	0
Cash, Bank	4 448 000	4 348 000	2 911 000	237 000
Total Current Assets	10 188 000	10 667 000	11 384 000	9 136 000
Total Assets	11 658 000	12 322 000	12 094 000	9 672 000
Total Equity	7 435 000	8 541 000	7 542 000	5 888 000
Short-Term Group Debt	0	0	0	252 000
Total Long-Term Debt	282 000	327 000	0	0
Creditors	2 103 000	1 526 000	1 710 000	0
Unpaid Taxes	943 000	876 000	842 000	1 039 000
Dividends	1 400 000	0	600 000	0
Other Current Debt	810 000	581 000	517 000	374 000
Total Current Debt	3 942 000	3 453 000	4 553 000	3 785 000
Total Equity and Debt	11 658 000	12 322 000	12 094 000	9 672 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,94 %	11,71 %	29,89 %	4,3 %
Debt-to-Equity Ratio	0,04	0,04	0	0
Operating Profit Margin	1,18 %	6,78 %	18,82 %	1,7 %
Current Ratio	2,58	3,09	2,5	2,41
Quick Ratio	−5,87	−4,03	−2,97	−1,88
Equity Ratio	0,64	0,69	0,62	0,61
Gross Profit Margin	35,09 %	37,73 %	50,29 %	31,49 %