GARVERIET INVEST AS

4608 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

33,97 %

Current Ratio

0,37

Debt-to-Equity Ratio

6,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 557 000	5 277 000	8 165 000	9 046 000
Net Income	3 407 000	2 593 000	−184 000	3 987 000
Total Assets	83 249 000	80 174 000	93 431 000	101 758 000
Total Equity	10 029 000	10 241 000	7 955 000	8 115 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 557 000	5 277 000	8 165 000	9 046 000
Expenditure	1 742 000	1 159 000	6 626 000	2 671 000
Operating Profit	4 815 000	4 118 000	1 540 000	6 376 000
Financial Income	1 973 000	1 420 000	1 177 000	2 108 000
Financial Costs	2 418 000	2 214 000	2 953 000	3 371 000
Financial Balance	−445 000	−794 000	−1 776 000	−1 263 000
Earnings Before Tax	4 369 000	3 324 000	−236 000	5 112 000
Tax	962 000	731 000	−52 000	1 125 000
Net Income	3 407 000	2 593 000	−184 000	3 987 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 974 000	77 862 000	93 070 000	99 847 000
Total Current Assets	2 275 000	2 312 000	361 000	1 910 000
Total Assets	83 249 000	80 174 000	93 431 000	101 758 000
Total Retained Equity	8 429 000	8 642 000	7 228 000	7 388 000
Total Equity	10 029 000	10 241 000	7 955 000	8 115 000
Total Long-Term Debt	67 096 000	67 755 000	84 223 000	85 393 000
Total Current Debt	6 125 000	2 178 000	1 253 000	8 250 000
Total Equity and Debt	83 249 000	80 174 000	93 431 000	101 758 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	6 557 000	5 277 000	8 165 000	9 046 000
Revenue	6 557 000	5 277 000	8 165 000	9 046 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	723 000	723 000	1 369 000	1 369 000
Impairment	0	0	0	0
Expenditure	1 742 000	1 159 000	6 626 000	2 671 000
Operating Profit	4 815 000	4 118 000	1 540 000	6 376 000
Financial Income	1 973 000	1 420 000	1 177 000	2 108 000
Financial Costs	2 418 000	2 214 000	2 953 000	3 371 000
Financial Balance	−445 000	−794 000	−1 776 000	−1 263 000
Dividends	0	0	0	0
Net Income	3 407 000	2 593 000	−184 000	3 987 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	23 851 000	24 574 000	36 979 000	38 347 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	23 851 000	24 574 000	36 979 000	38 347 000
Total Fiancial Fixed Assets	57 123 000	53 288 000	56 092 000	61 500 000
Total Fixed Assets	80 974 000	77 862 000	93 070 000	99 847 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 135 000	2 051 000	68 000	1 056 000
Total Current Assets	2 275 000	2 312 000	361 000	1 910 000
Total Assets	83 249 000	80 174 000	93 431 000	101 758 000
Total Equity	10 029 000	10 241 000	7 955 000	8 115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	67 096 000	67 755 000	84 223 000	85 393 000
Creditors	147 000	428 000	460 000	325 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 978 000	966 000	793 000	7 925 000
Total Current Debt	6 125 000	2 178 000	1 253 000	8 250 000
Total Equity and Debt	83 249 000	80 174 000	93 431 000	101 758 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,97 %	25,32 %	−2,31 %	49,13 %
Debt-to-Equity Ratio	6,69	6,62	10,59	10,52
Operating Profit Margin	73,43 %	78,04 %	18,86 %	70,48 %
Current Ratio	0,37	1,06	0,29	0,23
Quick Ratio	0,37	1,06	0,29	0,23
Equity Ratio	0,12	0,13	0,09	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %