GARN & TEKSTIL AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

5,24 %

Current Ratio

4,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 520 000	6 125 000	6 786 000	5 741 000
Net Income	103 000	118 000	596 000	62 000
Total Assets	2 598 000	2 472 000	2 503 000	1 917 000
Total Equity	1 967 000	1 864 000	1 746 000	1 151 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 520 000	6 125 000	6 786 000	5 741 000
Expenditure	5 384 000	5 970 000	6 010 000	5 634 000
Operating Profit	136 000	155 000	775 000	107 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	11 000	25 000
Financial Balance	−3 000	−3 000	−11 000	−25 000
Earnings Before Tax	133 000	153 000	765 000	82 000
Tax	31 000	35 000	169 000	20 000
Net Income	103 000	118 000	596 000	62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 598 000	2 472 000	2 503 000	1 917 000
Total Assets	2 598 000	2 472 000	2 503 000	1 917 000
Total Retained Equity	1 766 000	1 663 000	1 545 000	950 000
Total Equity	1 967 000	1 864 000	1 746 000	1 151 000
Total Long-Term Debt	0	0	0	233 000
Total Current Debt	631 000	608 000	756 000	533 000
Total Equity and Debt	2 598 000	2 472 000	2 503 000	1 917 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 520 000	6 125 000	6 786 000	5 741 000
Other Income	0	0	0	0
Revenue	5 520 000	6 125 000	6 786 000	5 741 000
Cost of Goods Sold	2 906 000	3 213 000	3 436 000	3 083 000
Salary Costs	1 856 000	2 192 000	1 973 000	1 960 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 384 000	5 970 000	6 010 000	5 634 000
Operating Profit	136 000	155 000	775 000	107 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	11 000	25 000
Financial Balance	−3 000	−3 000	−11 000	−25 000
Dividends	0	0	0	0
Net Income	103 000	118 000	596 000	62 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	1 989 000	1 844 000	1 736 000	1 416 000
Total Investments	0	0	0	0
Cash, Bank	608 000	627 000	762 000	494 000
Total Current Assets	2 598 000	2 472 000	2 503 000	1 917 000
Total Assets	2 598 000	2 472 000	2 503 000	1 917 000
Total Equity	1 967 000	1 864 000	1 746 000	1 151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	233 000
Creditors	27 000	5 000	9 000	5 000
Unpaid Taxes	238 000	256 000	287 000	255 000
Dividends	0	0	0	0
Other Current Debt	336 000	312 000	291 000	253 000
Total Current Debt	631 000	608 000	756 000	533 000
Total Equity and Debt	2 598 000	2 472 000	2 503 000	1 917 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,24 %	6,33 %	34,14 %	5,39 %
Debt-to-Equity Ratio	0	0	0	0,2
Operating Profit Margin	2,46 %	2,53 %	11,42 %	1,86 %
Current Ratio	4,12	4,07	3,31	3,6
Quick Ratio	−1,91	−2	−2,55	−2,17
Equity Ratio	0,76	0,75	0,7	0,6
Gross Profit Margin	47,36 %	47,54 %	49,37 %	46,3 %