GARN SENTER AS

5700 VOSS

Finances

Share Ownership

Return on Equity

19,23 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 336 000	5 658 000	4 378 000	3 542 000
Net Income	90 000	24 000	117 000	43 000
Total Assets	1 509 000	1 329 000	1 097 000	925 000
Total Equity	468 000	378 000	354 000	237 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 336 000	5 658 000	4 378 000	3 542 000
Expenditure	5 216 000	5 625 000	4 228 000	3 486 000
Operating Profit	120 000	32 000	151 000	57 000
Financial Income	5 000	1 000	1 000	1 000
Financial Costs	9 000	3 000	2 000	3 000
Financial Balance	−4 000	−2 000	−1 000	−2 000
Earnings Before Tax	116 000	31 000	150 000	55 000
Tax	25 000	7 000	33 000	12 000
Net Income	90 000	24 000	117 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	42 000	58 000	0
Total Current Assets	1 483 000	1 288 000	1 040 000	925 000
Total Assets	1 509 000	1 329 000	1 097 000	925 000
Total Retained Equity	368 000	278 000	254 000	137 000
Total Equity	468 000	378 000	354 000	237 000
Total Long-Term Debt	231 000	230 000	230 000	227 000
Total Current Debt	810 000	722 000	514 000	461 000
Total Equity and Debt	1 509 000	1 329 000	1 097 000	925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 336 000	5 658 000	4 378 000	3 542 000
Other Income	0	0	0	0
Revenue	5 336 000	5 658 000	4 378 000	3 542 000
Cost of Goods Sold	2 744 000	3 297 000	2 386 000	1 858 000
Salary Costs	1 720 000	1 529 000	1 430 000	1 322 000
Depreciation	16 000	16 000	7 000	0
Impairment	0	0	0	0
Expenditure	5 216 000	5 625 000	4 228 000	3 486 000
Operating Profit	120 000	32 000	151 000	57 000
Financial Income	5 000	1 000	1 000	1 000
Financial Costs	9 000	3 000	2 000	3 000
Financial Balance	−4 000	−2 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	90 000	24 000	117 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	42 000	58 000	0
Total Tangible Assets	26 000	42 000	58 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 000	42 000	58 000	0
Stock	1 269 000	1 103 000	817 000	757 000
Total Investments	0	0	0	0
Cash, Bank	189 000	172 000	220 000	168 000
Total Current Assets	1 483 000	1 288 000	1 040 000	925 000
Total Assets	1 509 000	1 329 000	1 097 000	925 000
Total Equity	468 000	378 000	354 000	237 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	231 000	230 000	230 000	227 000
Creditors	150 000	214 000	50 000	63 000
Unpaid Taxes	278 000	250 000	214 000	180 000
Dividends	0	0	0	0
Other Current Debt	355 000	251 000	218 000	207 000
Total Current Debt	810 000	722 000	514 000	461 000
Total Equity and Debt	1 509 000	1 329 000	1 097 000	925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,23 %	6,35 %	33,05 %	18,14 %
Debt-to-Equity Ratio	0,49	0,61	0,65	0,96
Operating Profit Margin	2,25 %	0,57 %	3,45 %	1,61 %
Current Ratio	1,83	1,78	2,02	2,01
Quick Ratio	−3,23	−3,38	−3,43	−3,13
Equity Ratio	0,31	0,28	0,32	0,26
Gross Profit Margin	48,58 %	41,73 %	45,5 %	47,54 %