GARD AS

4836 ARENDAL

Finances

Return on Equity

15,39 %

Current Ratio

2,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 125 235 000	1 115 692 000	1 115 702 000	1 052 324 000
Net Income	49 137 000	40 408 000	25 757 000	−305 590 000
Total Assets	833 208 000	776 033 000	790 959 000	790 691 000
Total Equity	319 182 000	196 096 000	205 202 000	−161 005 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 125 235 000	1 115 692 000	1 115 702 000	1 052 324 000
Expenditure	1 068 245 000	1 044 319 000	1 069 735 000	1 440 021 000
Operating Profit	56 990 000	71 373 000	45 967 000	−387 697 000
Financial Income	16 737 000	3 353 000	7 198 000	5 984 000
Financial Costs	38 000	14 476 000	8 880 000	20 249 000
Financial Balance	16 699 000	−11 123 000	−1 682 000	−14 265 000
Earnings Before Tax	73 689 000	60 250 000	44 285 000	−401 962 000
Tax	24 552 000	19 842 000	18 528 000	−96 372 000
Net Income	49 137 000	40 408 000	25 757 000	−305 590 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	422 216 000	386 074 000	348 218 000	436 552 000
Total Current Assets	410 992 000	389 959 000	442 741 000	354 139 000
Total Assets	833 208 000	776 033 000	790 959 000	790 691 000
Total Retained Equity	162 168 000	39 082 000	48 188 000	−318 019 000
Total Equity	319 182 000	196 096 000	205 202 000	−161 005 000
Total Long-Term Debt	318 496 000	361 745 000	384 728 000	683 696 000
Total Current Debt	195 530 000	218 193 000	201 029 000	268 000 000
Total Equity and Debt	833 208 000	776 034 000	790 959 000	790 691 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 125 138 000	1 110 808 000	1 109 854 000	1 046 598 000
Other Income	97 000	4 884 000	5 848 000	5 726 000
Revenue	1 125 235 000	1 115 692 000	1 115 702 000	1 052 324 000
Cost of Goods Sold	0	0	0	0
Salary Costs	653 531 000	657 780 000	668 397 000	576 253 000
Depreciation	28 205 000	26 608 000	18 558 000	18 524 000
Impairment	0	0	0	346 176 000
Expenditure	1 068 245 000	1 044 319 000	1 069 735 000	1 440 021 000
Operating Profit	56 990 000	71 373 000	45 967 000	−387 697 000
Financial Income	16 737 000	3 353 000	7 198 000	5 984 000
Financial Costs	38 000	14 476 000	8 880 000	20 249 000
Financial Balance	16 699 000	−11 123 000	−1 682 000	−14 265 000
Dividends	0	0	0	0
Net Income	49 137 000	40 408 000	25 757 000	−305 590 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	99 636 000	0	0	0
Total Intangible Assets	179 502 000	163 199 000	103 672 000	204 436 000
Real Eastate	460 000	892 000	1 439 000	1 751 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 777 000	39 815 000	44 897 000	38 484 000
Total Tangible Assets	35 237 000	40 707 000	46 336 000	40 235 000
Total Fiancial Fixed Assets	207 477 000	182 168 000	198 210 000	191 881 000
Total Fixed Assets	422 216 000	386 074 000	348 218 000	436 552 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	230 836 000	234 809 000	256 816 000	245 289 000
Total Current Assets	410 992 000	389 959 000	442 741 000	354 139 000
Total Assets	833 208 000	776 033 000	790 959 000	790 691 000
Total Equity	319 182 000	196 096 000	205 202 000	−161 005 000
Short-Term Group Debt	14 917 000	41 669 000	26 866 000	6 293 000
Total Long-Term Debt	318 496 000	361 745 000	384 728 000	683 696 000
Creditors	13 851 000	10 583 000	24 865 000	35 393 000
Unpaid Taxes	54 142 000	52 439 000	60 781 000	58 140 000
Dividends	0	0	0	0
Other Current Debt	79 445 000	90 049 000	82 210 000	167 022 000
Total Current Debt	195 530 000	218 193 000	201 029 000	268 000 000
Total Equity and Debt	833 208 000	776 034 000	790 959 000	790 691 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,39 %	20,61 %	12,55 %	189,8 %
Debt-to-Equity Ratio	1	1,84	1,87	−4,25
Operating Profit Margin	5,06 %	6,4 %	4,12 %	−36,84 %
Current Ratio	2,1	1,79	2,2	1,32
Quick Ratio	2,1	1,79	2,2	1,32
Equity Ratio	0,38	0,25	0,26	−0,2
Gross Profit Margin	100 %	100 %	100 %	100 %