GARVIK EIENDOM AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

3,3 %

Current Ratio

1,84

Debt-to-Equity Ratio

1,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	640 000	634 000	630 000	901 000
Net Income	74 000	122 000	136 000	282 000
Total Assets	6 093 000	6 460 000	6 623 000	7 114 000
Total Equity	2 245 000	2 313 000	2 367 000	2 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	640 000	634 000	630 000	901 000
Expenditure	368 000	356 000	324 000	380 000
Operating Profit	271 000	278 000	306 000	521 000
Financial Income	0	0	0	0
Financial Costs	177 000	122 000	131 000	159 000
Financial Balance	−177 000	−122 000	−131 000	−159 000
Earnings Before Tax	94 000	157 000	174 000	362 000
Tax	21 000	34 000	38 000	80 000
Net Income	74 000	122 000	136 000	282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 683 000	5 876 000	6 042 000	6 220 000
Total Current Assets	411 000	584 000	581 000	894 000
Total Assets	6 093 000	6 460 000	6 623 000	7 114 000
Total Retained Equity	1 945 000	2 013 000	2 067 000	1 931 000
Total Equity	2 245 000	2 313 000	2 367 000	2 231 000
Total Long-Term Debt	3 626 000	3 864 000	4 129 000	4 394 000
Total Current Debt	223 000	283 000	127 000	489 000
Total Equity and Debt	6 093 000	6 460 000	6 623 000	7 114 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	4 000	0	1 000
Other Income	634 000	630 000	630 000	900 000
Revenue	640 000	634 000	630 000	901 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	213 000	201 000	197 000	197 000
Impairment	0	0	0	0
Expenditure	368 000	356 000	324 000	380 000
Operating Profit	271 000	278 000	306 000	521 000
Financial Income	0	0	0	0
Financial Costs	177 000	122 000	131 000	159 000
Financial Balance	−177 000	−122 000	−131 000	−159 000
Dividends	0	0	0	0
Net Income	74 000	122 000	136 000	282 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	73 000	53 000	38 000	19 000
Real Eastate	5 610 000	5 807 000	6 004 000	6 201 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	16 000	0	0
Total Tangible Assets	5 610 000	5 823 000	6 004 000	6 201 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 683 000	5 876 000	6 042 000	6 220 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	243 000	128 000	17 000
Total Current Assets	411 000	584 000	581 000	894 000
Total Assets	6 093 000	6 460 000	6 623 000	7 114 000
Total Equity	2 245 000	2 313 000	2 367 000	2 231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 626 000	3 864 000	4 129 000	4 394 000
Creditors	3 000	35 000	7 000	1 000
Unpaid Taxes	22 000	15 000	21 000	35 000
Dividends	0	0	0	0
Other Current Debt	198 000	234 000	47 000	453 000
Total Current Debt	223 000	283 000	127 000	489 000
Total Equity and Debt	6 093 000	6 460 000	6 623 000	7 114 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,3 %	5,27 %	5,75 %	12,64 %
Debt-to-Equity Ratio	1,62	1,67	1,74	1,97
Operating Profit Margin	42,34 %	43,85 %	48,57 %	57,82 %
Current Ratio	1,84	2,06	4,57	1,83
Quick Ratio	1,84	2,06	4,57	1,83
Equity Ratio	0,37	0,36	0,36	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %