GARGOIL AS

0789 OSLO

Finances

Return on Equity

−8,2 %

Current Ratio

−2,46

Debt-to-Equity Ratio

20,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−10 000	−76 000	−98 000	−92 000
Total Assets	2 656 000	1 181 000	1 165 000	1 210 000
Total Equity	122 000	133 000	209 000	307 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	13 000	8 000	3 000	78 000
Operating Profit	−13 000	−8 000	−3 000	−78 000
Financial Income	8 000	19 000	2 000	31 000
Financial Costs	5 000	87 000	97 000	44 000
Financial Balance	3 000	−68 000	−95 000	−13 000
Earnings Before Tax	−10 000	−76 000	−99 000	−92 000
Tax	0	1 000	−1 000	0
Net Income	−10 000	−76 000	−98 000	−92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 624 000	1 163 000	1 083 000	883 000
Total Current Assets	32 000	18 000	82 000	326 000
Total Assets	2 656 000	1 181 000	1 165 000	1 210 000
Total Retained Equity	27 000	38 000	114 000	212 000
Total Equity	122 000	133 000	209 000	307 000
Total Long-Term Debt	2 547 000	1 058 000	963 000	903 000
Total Current Debt	−13 000	−10 000	−7 000	0
Total Equity and Debt	2 656 000	1 181 000	1 165 000	1 210 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 000	8 000	3 000	78 000
Operating Profit	−13 000	−8 000	−3 000	−78 000
Financial Income	8 000	19 000	2 000	31 000
Financial Costs	5 000	87 000	97 000	44 000
Financial Balance	3 000	−68 000	−95 000	−13 000
Dividends	0	0	0	0
Net Income	−10 000	−76 000	−98 000	−92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	0
Real Eastate	1 238 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	2 000	1 000	1 000
Total Tangible Assets	1 240 000	2 000	1 000	1 000
Total Fiancial Fixed Assets	1 384 000	1 161 000	1 082 000	883 000
Total Fixed Assets	2 624 000	1 163 000	1 083 000	883 000
Stock	0	0	0	0
Total Investments	5 000	5 000	5 000	5 000
Cash, Bank	17 000	3 000	67 000	305 000
Total Current Assets	32 000	18 000	82 000	326 000
Total Assets	2 656 000	1 181 000	1 165 000	1 210 000
Total Equity	122 000	133 000	209 000	307 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 547 000	1 058 000	963 000	903 000
Creditors	0	0	0	0
Unpaid Taxes	−13 000	−10 000	−7 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	−13 000	−10 000	−7 000	0
Total Equity and Debt	2 656 000	1 181 000	1 165 000	1 210 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,2 %	−57,14 %	−46,89 %	−29,97 %
Debt-to-Equity Ratio	20,88	7,95	4,61	2,94
Operating Profit Margin	-	-	-	-
Current Ratio	−2,46	−1,8	−11,71	-
Quick Ratio	−2,46	−1,8	−11,71	-
Equity Ratio	0,05	0,11	0,18	0,25
Gross Profit Margin	-	-	-	-