GAREN GAARD & HYTTESENTER AS

5785 VØRINGSFOSS

Finances

Return on Equity

−13,2 %

Current Ratio

39,45

Debt-to-Equity Ratio

0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 037 000	25 334 000	9 088 000	15 471 000
Net Income	−1 948 000	3 039 000	−2 685 000	1 798 000
Total Assets	28 315 000	28 910 000	22 849 000	27 081 000
Total Equity	14 762 000	16 710 000	13 671 000	16 356 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 037 000	25 334 000	9 088 000	15 471 000
Expenditure	1 952 000	25 101 000	12 259 000	13 829 000
Operating Profit	−915 000	233 000	−3 171 000	1 643 000
Financial Income	394 000	3 289 000	312 000	558 000
Financial Costs	1 698 000	269 000	463 000	10 000
Financial Balance	−1 304 000	3 020 000	−151 000	548 000
Earnings Before Tax	−2 220 000	3 253 000	−3 321 000	2 192 000
Tax	−272 000	214 000	−636 000	394 000
Net Income	−1 948 000	3 039 000	−2 685 000	1 798 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 766 000	15 830 000	12 457 000	13 563 000
Total Current Assets	11 520 000	13 080 000	10 392 000	13 517 000
Total Assets	28 315 000	28 910 000	22 849 000	27 081 000
Total Retained Equity	14 662 000	16 610 000	13 571 000	16 256 000
Total Equity	14 762 000	16 710 000	13 671 000	16 356 000
Total Long-Term Debt	13 261 000	11 189 000	8 043 000	8 013 000
Total Current Debt	292 000	1 011 000	1 136 000	2 712 000
Total Equity and Debt	28 315 000	28 910 000	22 849 000	27 081 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	830 000	808 000	388 000	121 000
Other Income	207 000	24 526 000	8 700 000	15 350 000
Revenue	1 037 000	25 334 000	9 088 000	15 471 000
Cost of Goods Sold	258 000	23 820 000	11 295 000	12 904 000
Salary Costs	224 000	224 000	224 000	224 000
Depreciation	97 000	105 000	132 000	122 000
Impairment	0	0	0	0
Expenditure	1 952 000	25 101 000	12 259 000	13 829 000
Operating Profit	−915 000	233 000	−3 171 000	1 643 000
Financial Income	394 000	3 289 000	312 000	558 000
Financial Costs	1 698 000	269 000	463 000	10 000
Financial Balance	−1 304 000	3 020 000	−151 000	548 000
Dividends	0	0	0	0
Net Income	−1 948 000	3 039 000	−2 685 000	1 798 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	281 000	316 000	352 000	387 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	150 000	419 000	450 000	419 000
Total Tangible Assets	431 000	735 000	802 000	806 000
Total Fiancial Fixed Assets	16 335 000	15 095 000	11 656 000	12 757 000
Total Fixed Assets	16 766 000	15 830 000	12 457 000	13 563 000
Stock	8 389 000	0	8 647 000	5 539 000
Total Investments	1 915 000	1 870 000	1 500 000	1 393 000
Cash, Bank	732 000	10 480 000	178 000	6 463 000
Total Current Assets	11 520 000	13 080 000	10 392 000	13 517 000
Total Assets	28 315 000	28 910 000	22 849 000	27 081 000
Total Equity	14 762 000	16 710 000	13 671 000	16 356 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 261 000	11 189 000	8 043 000	8 013 000
Creditors	160 000	609 000	642 000	805 000
Unpaid Taxes	92 000	113 000	113 000	91 000
Dividends	0	0	0	0
Other Current Debt	40 000	34 000	381 000	975 000
Total Current Debt	292 000	1 011 000	1 136 000	2 712 000
Total Equity and Debt	28 315 000	28 910 000	22 849 000	27 081 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,2 %	18,19 %	−19,64 %	10,99 %
Debt-to-Equity Ratio	0,9	0,67	0,59	0,49
Operating Profit Margin	−88,24 %	0,92 %	−34,89 %	10,62 %
Current Ratio	39,45	12,94	9,15	4,98
Quick Ratio	−1,42	12,94	−1,38	−4,78
Equity Ratio	0,52	0,58	0,6	0,6
Gross Profit Margin	75,12 %	5,98 %	−24,28 %	16,59 %