ERIK GARTHUS AS

2937 BEGNA

Finances

Share Ownership

Return on Equity

−31,92 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	796 000	691 000	1 123 000	2 252 000
Net Income	−323 000	−670 000	−687 000	−1 184 000
Total Assets	5 457 000	5 700 000	5 913 000	6 094 000
Total Equity	1 012 000	1 335 000	2 006 000	2 693 000

Income (NOK)	2022	2021	2020	2019
Revenue	796 000	691 000	1 123 000	2 252 000
Expenditure	931 000	1 188 000	1 593 000	3 113 000
Operating Profit	−135 000	−497 000	−470 000	−861 000
Financial Income	16 000	16 000	19 000	18 000
Financial Costs	204 000	190 000	236 000	342 000
Financial Balance	−188 000	−174 000	−217 000	−324 000
Earnings Before Tax	−323 000	−670 000	−687 000	−1 184 000
Tax	0	0	0	0
Net Income	−323 000	−670 000	−687 000	−1 184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	195 000	203 000	238 000
Total Current Assets	5 262 000	5 505 000	5 710 000	5 856 000
Total Assets	5 457 000	5 700 000	5 913 000	6 094 000
Total Retained Equity	910 000	1 233 000	1 904 000	2 591 000
Total Equity	1 012 000	1 335 000	2 006 000	2 693 000
Total Long-Term Debt	0	0	0	83 000
Total Current Debt	4 445 000	4 365 000	3 908 000	3 318 000
Total Equity and Debt	5 457 000	5 700 000	5 913 000	6 094 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	796 000	677 000	1 038 000	2 252 000
Other Income	0	14 000	86 000	0
Revenue	796 000	691 000	1 123 000	2 252 000
Cost of Goods Sold	321 000	328 000	582 000	777 000
Salary Costs	19 000	15 000	187 000	577 000
Depreciation	0	8 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	931 000	1 188 000	1 593 000	3 113 000
Operating Profit	−135 000	−497 000	−470 000	−861 000
Financial Income	16 000	16 000	19 000	18 000
Financial Costs	204 000	190 000	236 000	342 000
Financial Balance	−188 000	−174 000	−217 000	−324 000
Dividends	0	0	0	0
Net Income	−323 000	−670 000	−687 000	−1 184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	195 000	195 000	195 000	195 000
Machinery and Plant Facilities	0	0	8 000	0
Fixtures	0	0	0	15 000
Total Tangible Assets	195 000	195 000	203 000	210 000
Total Fiancial Fixed Assets	0	0	0	28 000
Total Fixed Assets	195 000	195 000	203 000	238 000
Stock	4 905 000	5 072 000	5 141 000	5 537 000
Total Investments	0	0	0	0
Cash, Bank	0	1 000	0	12 000
Total Current Assets	5 262 000	5 505 000	5 710 000	5 856 000
Total Assets	5 457 000	5 700 000	5 913 000	6 094 000
Total Equity	1 012 000	1 335 000	2 006 000	2 693 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	83 000
Creditors	479 000	625 000	567 000	320 000
Unpaid Taxes	69 000	64 000	85 000	71 000
Dividends	0	0	0	0
Other Current Debt	1 140 000	879 000	311 000	89 000
Total Current Debt	4 445 000	4 365 000	3 908 000	3 318 000
Total Equity and Debt	5 457 000	5 700 000	5 913 000	6 094 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,92 %	−50,19 %	−34,25 %	−43,97 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	−16,96 %	−71,92 %	−41,85 %	−38,23 %
Current Ratio	1,18	1,26	1,46	1,76
Quick Ratio	−11,44	−7,79	−4,63	−2,64
Equity Ratio	0,19	0,23	0,34	0,44
Gross Profit Margin	59,67 %	52,53 %	48,17 %	65,5 %