GARNODDEN AS

0781 OSLO

Finances

Return on Equity

5,02 %

Current Ratio

119,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 611 000	75 000	43 000	663 000
Net Income	938 000	22 000	−619 000	468 000
Total Assets	18 843 000	18 815 000	19 705 000	21 230 000
Total Equity	18 687 000	18 749 000	19 627 000	21 146 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 611 000	75 000	43 000	663 000
Expenditure	951 000	446 000	564 000	732 000
Operating Profit	660 000	−371 000	−521 000	−69 000
Financial Income	414 000	520 000	51 000	623 000
Financial Costs	136 000	127 000	149 000	86 000
Financial Balance	278 000	393 000	−98 000	537 000
Earnings Before Tax	938 000	22 000	−619 000	468 000
Tax	0	0	0	0
Net Income	938 000	22 000	−619 000	468 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	176 000	17 974 000	19 274 000	19 706 000
Total Current Assets	18 667 000	841 000	432 000	1 523 000
Total Assets	18 843 000	18 815 000	19 705 000	21 230 000
Total Retained Equity	18 558 000	18 620 000	19 497 000	21 016 000
Total Equity	18 687 000	18 749 000	19 627 000	21 146 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	156 000	65 000	78 000	84 000
Total Equity and Debt	18 843 000	18 815 000	19 705 000	21 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 611 000	75 000	43 000	663 000
Revenue	1 611 000	75 000	43 000	663 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	55 000	150 000	308 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	951 000	446 000	564 000	732 000
Operating Profit	660 000	−371 000	−521 000	−69 000
Financial Income	414 000	520 000	51 000	623 000
Financial Costs	136 000	127 000	149 000	86 000
Financial Balance	278 000	393 000	−98 000	537 000
Dividends	0	0	0	0
Net Income	938 000	22 000	−619 000	468 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 606 000	2 606 000	2 606 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	49 000	49 000	49 000	49 000
Total Tangible Assets	49 000	2 654 000	2 654 000	2 654 000
Total Fiancial Fixed Assets	127 000	15 320 000	16 619 000	17 052 000
Total Fixed Assets	176 000	17 974 000	19 274 000	19 706 000
Stock	0	0	0	0
Total Investments	14 837 000	0	0	0
Cash, Bank	3 637 000	708 000	285 000	1 362 000
Total Current Assets	18 667 000	841 000	432 000	1 523 000
Total Assets	18 843 000	18 815 000	19 705 000	21 230 000
Total Equity	18 687 000	18 749 000	19 627 000	21 146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	14 000	11 000	12 000
Unpaid Taxes	0	0	10 000	10 000
Dividends	0	0	0	0
Other Current Debt	155 000	51 000	57 000	62 000
Total Current Debt	156 000	65 000	78 000	84 000
Total Equity and Debt	18 843 000	18 815 000	19 705 000	21 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,02 %	0,12 %	−3,15 %	2,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,97 %	−494,67 %	−1 211,63 %	−10,41 %
Current Ratio	119,66	12,94	5,54	18,13
Quick Ratio	119,66	12,94	5,54	18,13
Equity Ratio	0,99	1	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %