GARNES DATA AS

0277 OSLO

Finances

Return on Equity

38,55 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 311 000	56 273 000	54 456 000	42 967 000
Net Income	1 809 000	2 090 000	1 844 000	1 411 000
Total Assets	15 575 000	17 427 000	13 767 000	10 192 000
Total Equity	4 693 000	3 384 000	3 233 000	2 203 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 311 000	56 273 000	54 456 000	42 967 000
Expenditure	54 056 000	53 640 000	51 740 000	41 140 000
Operating Profit	2 255 000	2 633 000	2 716 000	1 827 000
Financial Income	189 000	120 000	81 000	31 000
Financial Costs	199 000	116 000	355 000	39 000
Financial Balance	−10 000	4 000	−274 000	−8 000
Earnings Before Tax	2 244 000	2 637 000	2 443 000	1 819 000
Tax	435 000	547 000	599 000	408 000
Net Income	1 809 000	2 090 000	1 844 000	1 411 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 431 000	8 731 000	5 005 000	1 346 000
Total Current Assets	8 143 000	8 695 000	8 762 000	8 846 000
Total Assets	15 575 000	17 427 000	13 767 000	10 192 000
Total Retained Equity	4 593 000	3 284 000	3 133 000	2 103 000
Total Equity	4 693 000	3 384 000	3 233 000	2 203 000
Total Long-Term Debt	2 997 000	3 258 000	2 129 000	147 000
Total Current Debt	7 884 000	10 784 000	8 405 000	7 842 000
Total Equity and Debt	15 575 000	17 427 000	13 767 000	10 192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 158 000	56 272 000	54 454 000	42 917 000
Other Income	152 000	2 000	2 000	50 000
Revenue	56 311 000	56 273 000	54 456 000	42 967 000
Cost of Goods Sold	30 904 000	31 198 000	30 119 000	23 837 000
Salary Costs	14 847 000	15 078 000	13 997 000	10 164 000
Depreciation	349 000	198 000	221 000	256 000
Impairment	0	0	0	0
Expenditure	54 056 000	53 640 000	51 740 000	41 140 000
Operating Profit	2 255 000	2 633 000	2 716 000	1 827 000
Financial Income	189 000	120 000	81 000	31 000
Financial Costs	199 000	116 000	355 000	39 000
Financial Balance	−10 000	4 000	−274 000	−8 000
Dividends	500 000	0	1 000 000	0
Net Income	1 809 000	2 090 000	1 844 000	1 411 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	40 000	80 000
Total Intangible Assets	30 000	62 000	134 000	80 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 598 000	1 015 000	178 000	217 000
Total Tangible Assets	1 598 000	1 015 000	178 000	217 000
Total Fiancial Fixed Assets	5 803 000	7 654 000	4 693 000	1 049 000
Total Fixed Assets	7 431 000	8 731 000	5 005 000	1 346 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 686 000	3 269 000	3 850 000	2 579 000
Total Current Assets	8 143 000	8 695 000	8 762 000	8 846 000
Total Assets	15 575 000	17 427 000	13 767 000	10 192 000
Total Equity	4 693 000	3 384 000	3 233 000	2 203 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 997 000	3 258 000	2 129 000	147 000
Creditors	4 020 000	4 208 000	4 247 000	4 651 000
Unpaid Taxes	1 835 000	1 900 000	1 699 000	1 496 000
Dividends	500 000	0	1 000 000	0
Other Current Debt	1 595 000	4 676 000	1 860 000	1 288 000
Total Current Debt	7 884 000	10 784 000	8 405 000	7 842 000
Total Equity and Debt	15 575 000	17 427 000	13 767 000	10 192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,55 %	61,76 %	57,04 %	64,05 %
Debt-to-Equity Ratio	0,64	0,96	0,66	0,07
Operating Profit Margin	4 %	4,68 %	4,99 %	4,25 %
Current Ratio	1,03	0,81	1,04	1,13
Quick Ratio	1,03	0,81	1,04	1,13
Equity Ratio	0,3	0,19	0,23	0,22
Gross Profit Margin	45,12 %	44,56 %	44,69 %	44,52 %