GARVIK TOMTEUTVIKLING AS

4250 KOPERVIK

Finances

Return on Equity

−20,36 %

Current Ratio

4,88

Debt-to-Equity Ratio

1,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	98 738 000	12 129 000	20 535 000	66 223 000
Net Income	−2 214 000	2 354 000	3 375 000	2 621 000
Total Assets	36 465 000	89 800 000	46 463 000	43 831 000
Total Equity	10 872 000	13 087 000	10 733 000	11 602 000

Income (NOK)	2022	2021	2020	2019
Revenue	98 738 000	12 129 000	20 535 000	66 223 000
Expenditure	97 340 000	8 142 000	14 845 000	60 668 000
Operating Profit	1 398 000	3 987 000	5 690 000	5 555 000
Financial Income	223 000	1 251 000	0	38 000
Financial Costs	4 047 000	2 671 000	1 265 000	2 270 000
Financial Balance	−3 824 000	−1 420 000	−1 265 000	−2 232 000
Earnings Before Tax	−2 427 000	2 566 000	4 425 000	3 322 000
Tax	−212 000	212 000	1 051 000	701 000
Net Income	−2 214 000	2 354 000	3 375 000	2 621 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	2 358 000	4 095 000	4 095 000
Total Current Assets	36 410 000	87 443 000	42 368 000	39 735 000
Total Assets	36 465 000	89 800 000	46 463 000	43 831 000
Total Retained Equity	895 000	3 109 000	755 000	1 624 000
Total Equity	10 872 000	13 087 000	10 733 000	11 602 000
Total Long-Term Debt	18 127 000	68 760 000	28 314 000	24 653 000
Total Current Debt	7 465 000	7 954 000	7 416 000	7 577 000
Total Equity and Debt	36 465 000	89 800 000	46 463 000	43 831 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	98 588 000	11 974 000	20 370 000	66 134 000
Other Income	150 000	155 000	165 000	90 000
Revenue	98 738 000	12 129 000	20 535 000	66 223 000
Cost of Goods Sold	96 457 000	7 627 000	14 409 000	59 944 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	97 340 000	8 142 000	14 845 000	60 668 000
Operating Profit	1 398 000	3 987 000	5 690 000	5 555 000
Financial Income	223 000	1 251 000	0	38 000
Financial Costs	4 047 000	2 671 000	1 265 000	2 270 000
Financial Balance	−3 824 000	−1 420 000	−1 265 000	−2 232 000
Dividends	0	0	0	0
Net Income	−2 214 000	2 354 000	3 375 000	2 621 000

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	55 000	2 358 000	4 095 000	4 095 000
Total Fixed Assets	55 000	2 358 000	4 095 000	4 095 000
Stock	31 381 000	82 133 000	41 057 000	35 011 000
Total Investments	0	0	0	0
Cash, Bank	11 000	201 000	9 000	93 000
Total Current Assets	36 410 000	87 443 000	42 368 000	39 735 000
Total Assets	36 465 000	89 800 000	46 463 000	43 831 000
Total Equity	10 872 000	13 087 000	10 733 000	11 602 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 127 000	68 760 000	28 314 000	24 653 000
Creditors	1 120 000	3 391 000	1 475 000	2 375 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	395 000	200 000	5 865 000	5 202 000
Total Current Debt	7 465 000	7 954 000	7 416 000	7 577 000
Total Equity and Debt	36 465 000	89 800 000	46 463 000	43 831 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,36 %	17,99 %	31,45 %	22,59 %
Debt-to-Equity Ratio	1,67	5,25	2,64	2,12
Operating Profit Margin	1,42 %	32,87 %	27,71 %	8,39 %
Current Ratio	4,88	10,99	5,71	5,24
Quick Ratio	−1,52	−1,18	−1,26	−1,45
Equity Ratio	0,3	0,15	0,23	0,26
Gross Profit Margin	2,31 %	37,12 %	29,83 %	9,48 %