GARM & GARM AS

1394 NESBRU

Finances

Share Ownership

Return on Equity

6,65 %

Current Ratio

2,76

Debt-to-Equity Ratio

3,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 313 000	1 441 000	1 543 000	1 501 000
Net Income	110 000	71 000	379 000	400 000
Total Assets	7 245 000	6 987 000	7 098 000	7 024 000
Total Equity	1 654 000	1 544 000	1 473 000	1 094 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 313 000	1 441 000	1 543 000	1 501 000
Expenditure	1 146 000	1 230 000	964 000	982 000
Operating Profit	167 000	211 000	579 000	519 000
Financial Income	0	0	0	0
Financial Costs	16 000	21 000	37 000	55 000
Financial Balance	−16 000	−21 000	−37 000	−55 000
Earnings Before Tax	151 000	190 000	542 000	464 000
Tax	42 000	119 000	163 000	64 000
Net Income	110 000	71 000	379 000	400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 933 000	6 933 000	6 933 000	6 933 000
Total Current Assets	312 000	54 000	165 000	92 000
Total Assets	7 245 000	6 987 000	7 098 000	7 024 000
Total Retained Equity	0	0	0	0
Total Equity	1 654 000	1 544 000	1 473 000	1 094 000
Total Long-Term Debt	5 479 000	5 366 000	5 549 000	5 793 000
Total Current Debt	113 000	77 000	75 000	137 000
Total Equity and Debt	7 245 000	6 987 000	7 098 000	7 024 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 313 000	1 441 000	1 543 000	1 501 000
Other Income	0	0	0	0
Revenue	1 313 000	1 441 000	1 543 000	1 501 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 146 000	1 230 000	964 000	982 000
Operating Profit	167 000	211 000	579 000	519 000
Financial Income	0	0	0	0
Financial Costs	16 000	21 000	37 000	55 000
Financial Balance	−16 000	−21 000	−37 000	−55 000
Dividends	0	0	0	0
Net Income	110 000	71 000	379 000	400 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	341 000	341 000	341 000	341 000
Real Eastate	6 592 000	6 592 000	6 592 000	6 592 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 592 000	6 592 000	6 592 000	6 592 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 933 000	6 933 000	6 933 000	6 933 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	312 000	54 000	165 000	92 000
Total Current Assets	312 000	54 000	165 000	92 000
Total Assets	7 245 000	6 987 000	7 098 000	7 024 000
Total Equity	1 654 000	1 544 000	1 473 000	1 094 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 479 000	5 366 000	5 549 000	5 793 000
Creditors	113 000	77 000	75 000	137 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	113 000	77 000	75 000	137 000
Total Equity and Debt	7 245 000	6 987 000	7 098 000	7 024 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,65 %	4,6 %	25,73 %	36,56 %
Debt-to-Equity Ratio	3,31	3,48	3,77	5,3
Operating Profit Margin	12,72 %	14,64 %	37,52 %	34,58 %
Current Ratio	2,76	0,7	2,2	0,67
Quick Ratio	2,76	0,7	2,2	0,67
Equity Ratio	0,23	0,22	0,21	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %