GARPESTAD AS

4032 STAVANGER

Finances

Return on Equity

7,06 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	159 606 000	148 680 000	128 993 000	131 703 000
Net Income	3 812 000	11 252 000	7 942 000	10 876 000
Total Assets	126 753 000	127 522 000	121 090 000	117 387 000
Total Equity	53 990 000	52 679 000	42 426 000	37 484 000

Income (NOK)	2022	2021	2020	2019
Revenue	159 606 000	148 680 000	128 993 000	131 703 000
Expenditure	149 239 000	138 412 000	122 147 000	123 312 000
Operating Profit	10 366 000	10 267 000	6 845 000	8 390 000
Financial Income	733 000	4 135 000	3 236 000	4 632 000
Financial Costs	4 704 000	565 000	560 000	987 000
Financial Balance	−3 971 000	3 570 000	2 676 000	3 645 000
Earnings Before Tax	6 395 000	13 837 000	9 522 000	12 036 000
Tax	2 583 000	2 584 000	1 580 000	1 159 000
Net Income	3 812 000	11 252 000	7 942 000	10 876 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 253 000	47 667 000	34 180 000	37 303 000
Total Current Assets	83 500 000	79 855 000	86 910 000	80 083 000
Total Assets	126 753 000	127 522 000	121 090 000	117 387 000
Total Retained Equity	53 890 000	52 579 000	42 326 000	37 384 000
Total Equity	53 990 000	52 679 000	42 426 000	37 484 000
Total Long-Term Debt	718 000	848 000	734 000	944 000
Total Current Debt	72 045 000	73 995 000	77 930 000	78 959 000
Total Equity and Debt	126 753 000	127 522 000	121 090 000	117 387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	159 606 000	148 680 000	128 993 000	131 703 000
Other Income	0	0	0	0
Revenue	159 606 000	148 680 000	128 993 000	131 703 000
Cost of Goods Sold	10 273 000	18 051 000	9 067 000	21 768 000
Salary Costs	113 658 000	105 241 000	90 697 000	81 164 000
Depreciation	4 843 000	5 767 000	3 872 000	3 849 000
Impairment	0	0	0	0
Expenditure	149 239 000	138 412 000	122 147 000	123 312 000
Operating Profit	10 366 000	10 267 000	6 845 000	8 390 000
Financial Income	733 000	4 135 000	3 236 000	4 632 000
Financial Costs	4 704 000	565 000	560 000	987 000
Financial Balance	−3 971 000	3 570 000	2 676 000	3 645 000
Dividends	2 500 000	0	0	0
Net Income	3 812 000	11 252 000	7 942 000	10 876 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	8 245 000	10 702 000	851 000	2 670 000
Total Intangible Assets	8 273 000	10 748 000	928 000	2 670 000
Real Eastate	28 406 000	30 441 000	32 293 000	34 122 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	28 406 000	30 441 000	32 293 000	34 122 000
Total Fiancial Fixed Assets	6 574 000	6 478 000	959 000	511 000
Total Fixed Assets	43 253 000	47 667 000	34 180 000	37 303 000
Stock	0	0	0	0
Total Investments	43 607 000	37 196 000	23 558 000	21 008 000
Cash, Bank	5 389 000	8 376 000	33 765 000	27 745 000
Total Current Assets	83 500 000	79 855 000	86 910 000	80 083 000
Total Assets	126 753 000	127 522 000	121 090 000	117 387 000
Total Equity	53 990 000	52 679 000	42 426 000	37 484 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	718 000	848 000	734 000	944 000
Creditors	3 766 000	2 068 000	2 543 000	3 434 000
Unpaid Taxes	15 447 000	17 993 000	15 106 000	14 617 000
Dividends	2 500 000	0	0	0
Other Current Debt	31 034 000	31 467 000	33 713 000	32 320 000
Total Current Debt	72 045 000	73 995 000	77 930 000	78 959 000
Total Equity and Debt	126 753 000	127 522 000	121 090 000	117 387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,06 %	21,36 %	18,72 %	29,02 %
Debt-to-Equity Ratio	0,01	0,02	0,02	0,03
Operating Profit Margin	6,49 %	6,91 %	5,31 %	6,37 %
Current Ratio	1,16	1,08	1,12	1,01
Quick Ratio	1,16	1,08	1,12	1,01
Equity Ratio	0,43	0,41	0,35	0,32
Gross Profit Margin	93,56 %	87,86 %	92,97 %	83,47 %