J GARVIK AS

5216 LEPSØY

Finances

Share Ownership

Return on Equity

5,8 %

Current Ratio

4,9

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 681 000	3 631 000	3 947 000	2 326 000
Net Income	673 000	1 177 000	399 000	196 000
Total Assets	33 004 000	20 141 000	19 161 000	19 935 000
Total Equity	11 609 000	10 936 000	9 759 000	9 360 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 681 000	3 631 000	3 947 000	2 326 000
Expenditure	1 757 000	2 036 000	2 267 000	1 614 000
Operating Profit	1 924 000	1 595 000	1 680 000	712 000
Financial Income	542 000	1 727 000	1 467 000	610 000
Financial Costs	1 588 000	1 682 000	2 635 000	1 070 000
Financial Balance	−1 046 000	45 000	−1 168 000	−460 000
Earnings Before Tax	879 000	1 640 000	512 000	251 000
Tax	205 000	463 000	113 000	55 000
Net Income	673 000	1 177 000	399 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 744 000	15 481 000	16 307 000	17 041 000
Total Current Assets	4 260 000	4 660 000	2 854 000	2 894 000
Total Assets	33 004 000	20 141 000	19 161 000	19 935 000
Total Retained Equity	11 109 000	10 436 000	9 259 000	8 860 000
Total Equity	11 609 000	10 936 000	9 759 000	9 360 000
Total Long-Term Debt	20 525 000	8 463 000	9 379 000	10 489 000
Total Current Debt	869 000	743 000	23 000	87 000
Total Equity and Debt	33 004 000	20 141 000	19 161 000	19 935 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 681 000	3 631 000	3 947 000	2 326 000
Revenue	3 681 000	3 631 000	3 947 000	2 326 000
Cost of Goods Sold	0	0	0	0
Salary Costs	65 000	138 000	613 000	12 000
Depreciation	942 000	969 000	959 000	931 000
Impairment	0	0	0	0
Expenditure	1 757 000	2 036 000	2 267 000	1 614 000
Operating Profit	1 924 000	1 595 000	1 680 000	712 000
Financial Income	542 000	1 727 000	1 467 000	610 000
Financial Costs	1 588 000	1 682 000	2 635 000	1 070 000
Financial Balance	−1 046 000	45 000	−1 168 000	−460 000
Dividends	0	0	0	0
Net Income	673 000	1 177 000	399 000	196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 965 000	1 000 000	933 000	1 010 000
Machinery and Plant Facilities	1 233 000	154 000	238 000	322 000
Fixtures	167 000	205 000	271 000	102 000
Total Tangible Assets	28 744 000	15 481 000	16 307 000	17 041 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 744 000	15 481 000	16 307 000	17 041 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 344 000	4 466 000	2 106 000	2 277 000
Total Current Assets	4 260 000	4 660 000	2 854 000	2 894 000
Total Assets	33 004 000	20 141 000	19 161 000	19 935 000
Total Equity	11 609 000	10 936 000	9 759 000	9 360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 525 000	8 463 000	9 379 000	10 489 000
Creditors	77 000	160 000	4 000	28 000
Unpaid Taxes	32 000	51 000	4 000	29 000
Dividends	0	0	0	0
Other Current Debt	662 000	465 000	14 000	30 000
Total Current Debt	869 000	743 000	23 000	87 000
Total Equity and Debt	33 004 000	20 141 000	19 161 000	19 935 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,8 %	10,76 %	4,09 %	2,09 %
Debt-to-Equity Ratio	1,77	0,77	0,96	1,12
Operating Profit Margin	52,27 %	43,93 %	42,56 %	30,61 %
Current Ratio	4,9	6,27	124,09	33,26
Quick Ratio	4,9	6,27	124,09	33,26
Equity Ratio	0,35	0,54	0,51	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %