GARDAR AS

5399 BEKKJARVIK

Finances

Share Ownership

Return on Equity

42,87 %

Current Ratio

2,34

Debt-to-Equity Ratio

2,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 911 000	82 021 000	85 565 000	69 120 000
Net Income	30 949 000	7 574 000	4 619 000	4 232 000
Total Assets	324 852 000	353 460 000	371 570 000	236 215 000
Total Equity	72 196 000	60 154 000	65 931 000	71 480 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 911 000	82 021 000	85 565 000	69 120 000
Expenditure	76 295 000	69 571 000	71 969 000	62 055 000
Operating Profit	42 615 000	12 449 000	13 596 000	7 065 000
Financial Income	5 006 000	3 478 000	3 716 000	3 193 000
Financial Costs	7 910 000	6 167 000	11 337 000	4 787 000
Financial Balance	−2 904 000	−2 689 000	−7 621 000	−1 594 000
Earnings Before Tax	39 711 000	9 761 000	5 975 000	5 470 000
Tax	8 762 000	2 187 000	1 356 000	1 238 000
Net Income	30 949 000	7 574 000	4 619 000	4 232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	197 719 000	274 071 000	293 660 000	184 341 000
Total Current Assets	127 133 000	79 389 000	77 910 000	51 874 000
Total Assets	324 852 000	353 460 000	371 570 000	236 215 000
Total Retained Equity	12 041 000	0	0	0
Total Equity	72 196 000	60 154 000	65 931 000	71 480 000
Total Long-Term Debt	198 284 000	263 916 000	279 200 000	144 388 000
Total Current Debt	54 373 000	29 390 000	26 439 000	20 346 000
Total Equity and Debt	324 852 000	353 460 000	371 570 000	236 215 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	83 470 000	82 021 000	85 565 000	69 120 000
Other Income	35 441 000	0	0	0
Revenue	118 911 000	82 021 000	85 565 000	69 120 000
Cost of Goods Sold	0	0	0	0
Salary Costs	27 354 000	25 094 000	27 105 000	22 452 000
Depreciation	7 361 000	11 646 000	11 377 000	10 429 000
Impairment	0	0	0	0
Expenditure	76 295 000	69 571 000	71 969 000	62 055 000
Operating Profit	42 615 000	12 449 000	13 596 000	7 065 000
Financial Income	5 006 000	3 478 000	3 716 000	3 193 000
Financial Costs	7 910 000	6 167 000	11 337 000	4 787 000
Financial Balance	−2 904 000	−2 689 000	−7 621 000	−1 594 000
Dividends	0	0	0	50 000 000
Net Income	30 949 000	7 574 000	4 619 000	4 232 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	13 801 000	16 393 000	18 985 000	21 577 000
Total Intangible Assets	62 926 000	65 518 000	68 110 000	70 702 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	7 344 000	4 655 000	3 476 000
Total Tangible Assets	0	61 608 000	69 018 000	69 402 000
Total Fiancial Fixed Assets	134 793 000	146 946 000	156 532 000	44 237 000
Total Fixed Assets	197 719 000	274 071 000	293 660 000	184 341 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	104 479 000	77 619 000	67 480 000	51 448 000
Total Current Assets	127 133 000	79 389 000	77 910 000	51 874 000
Total Assets	324 852 000	353 460 000	371 570 000	236 215 000
Total Equity	72 196 000	60 154 000	65 931 000	71 480 000
Short-Term Group Debt	39 411 000	0	0	0
Total Long-Term Debt	198 284 000	263 916 000	279 200 000	144 388 000
Creditors	329 000	1 682 000	777 000	978 000
Unpaid Taxes	7 121 000	4 358 000	6 206 000	4 619 000
Dividends	0	0	0	50 000 000
Other Current Debt	7 512 000	23 350 000	19 457 000	14 749 000
Total Current Debt	54 373 000	29 390 000	26 439 000	20 346 000
Total Equity and Debt	324 852 000	353 460 000	371 570 000	236 215 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,87 %	12,59 %	7,01 %	5,92 %
Debt-to-Equity Ratio	2,75	4,39	4,23	2,02
Operating Profit Margin	35,84 %	15,18 %	15,89 %	10,22 %
Current Ratio	2,34	2,7	2,95	2,55
Quick Ratio	2,34	2,7	2,95	2,55
Equity Ratio	0,22	0,17	0,18	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %