GÅRDSBAKKEN BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

7,58 %

Current Ratio

11,77

Debt-to-Equity Ratio

3,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 358 000	2 506 000	2 540 000	2 540 000
Net Income	532 000	1 241 000	1 282 000	956 000
Total Assets	33 435 000	33 580 000	33 441 000	33 204 000
Total Equity	7 023 000	6 490 000	5 250 000	3 968 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 358 000	2 506 000	2 540 000	2 540 000
Expenditure	1 190 000	776 000	666 000	863 000
Operating Profit	1 031 000	1 564 000	1 719 000	1 527 000
Financial Income	0	0	3 000	8 000
Financial Costs	499 000	324 000	440 000	579 000
Financial Balance	−499 000	−324 000	−437 000	−571 000
Earnings Before Tax	669 000	1 406 000	1 438 000	1 106 000
Tax	0	0	0	0
Net Income	532 000	1 241 000	1 282 000	956 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 046 000	32 046 000	32 046 000	32 046 000
Total Current Assets	1 389 000	1 534 000	1 395 000	1 157 000
Total Assets	33 435 000	33 580 000	33 441 000	33 204 000
Total Retained Equity	6 878 000	6 345 000	5 105 000	3 823 000
Total Equity	7 023 000	6 490 000	5 250 000	3 968 000
Total Long-Term Debt	26 294 000	26 940 000	28 037 000	29 005 000
Total Current Debt	118 000	150 000	154 000	231 000
Total Equity and Debt	33 435 000	33 580 000	33 441 000	33 204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 358 000	2 506 000	2 540 000	2 540 000
Other Income	0	0	0	0
Revenue	2 358 000	2 506 000	2 540 000	2 540 000
Cost of Goods Sold	0	0	0	0
Salary Costs	89 000	96 000	135 000	143 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 190 000	776 000	666 000	863 000
Operating Profit	1 031 000	1 564 000	1 719 000	1 527 000
Financial Income	0	0	3 000	8 000
Financial Costs	499 000	324 000	440 000	579 000
Financial Balance	−499 000	−324 000	−437 000	−571 000
Dividends	0	0	0	0
Net Income	532 000	1 241 000	1 282 000	956 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	32 046 000	32 046 000	32 046 000	32 046 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	32 046 000	32 046 000	32 046 000	32 046 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 046 000	32 046 000	32 046 000	32 046 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 389 000	1 534 000	1 395 000	1 157 000
Total Current Assets	1 389 000	1 534 000	1 395 000	1 157 000
Total Assets	33 435 000	33 580 000	33 441 000	33 204 000
Total Equity	7 023 000	6 490 000	5 250 000	3 968 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 294 000	26 940 000	28 037 000	29 005 000
Creditors	95 000	133 000	137 000	198 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	23 000	17 000	17 000	33 000
Total Current Debt	118 000	150 000	154 000	231 000
Total Equity and Debt	33 435 000	33 580 000	33 441 000	33 204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,58 %	19,12 %	24,42 %	24,09 %
Debt-to-Equity Ratio	3,74	4,15	5,34	7,31
Operating Profit Margin	43,72 %	62,41 %	67,68 %	60,12 %
Current Ratio	11,77	10,23	9,06	5,01
Quick Ratio	11,77	10,23	9,06	5,01
Equity Ratio	0,21	0,19	0,16	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %