GARNESVEGEN 128 AS

5264 GARNES

Finances

Return on Equity

1,1 %

Current Ratio

4,32

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	624 000	786 000	691 000	952 000
Net Income	63 000	120 000	−87 000	395 000
Total Assets	6 498 000	6 479 000	6 630 000	6 732 000
Total Equity	5 733 000	5 670 000	5 550 000	5 637 000

Income (NOK)	2022	2021	2020	2019
Revenue	624 000	786 000	691 000	952 000
Expenditure	548 000	633 000	789 000	432 000
Operating Profit	76 000	153 000	−98 000	520 000
Financial Income	4 000	4 000	0	0
Financial Costs	0	4 000	13 000	14 000
Financial Balance	4 000	0	−13 000	−14 000
Earnings Before Tax	80 000	153 000	−112 000	506 000
Tax	17 000	34 000	−25 000	111 000
Net Income	63 000	120 000	−87 000	395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 057 000	5 899 000	6 019 000	6 150 000
Total Current Assets	441 000	580 000	611 000	582 000
Total Assets	6 498 000	6 479 000	6 630 000	6 732 000
Total Retained Equity	5 633 000	5 570 000	5 450 000	5 537 000
Total Equity	5 733 000	5 670 000	5 550 000	5 637 000
Total Long-Term Debt	663 000	693 000	1 024 000	903 000
Total Current Debt	102 000	116 000	56 000	192 000
Total Equity and Debt	6 498 000	6 479 000	6 630 000	6 732 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	624 000	786 000	691 000	952 000
Revenue	624 000	786 000	691 000	952 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	142 000	142 000	131 000	131 000
Impairment	0	0	0	0
Expenditure	548 000	633 000	789 000	432 000
Operating Profit	76 000	153 000	−98 000	520 000
Financial Income	4 000	4 000	0	0
Financial Costs	0	4 000	13 000	14 000
Financial Balance	4 000	0	−13 000	−14 000
Dividends	0	0	0	350 000
Net Income	63 000	120 000	−87 000	395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 735 000	5 877 000	5 997 000	6 128 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 735 000	5 877 000	5 997 000	6 128 000
Total Fiancial Fixed Assets	322 000	22 000	22 000	22 000
Total Fixed Assets	6 057 000	5 899 000	6 019 000	6 150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	118 000	347 000	144 000	57 000
Total Current Assets	441 000	580 000	611 000	582 000
Total Assets	6 498 000	6 479 000	6 630 000	6 732 000
Total Equity	5 733 000	5 670 000	5 550 000	5 637 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	663 000	693 000	1 024 000	903 000
Creditors	42 000	42 000	42 000	42 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	350 000
Other Current Debt	13 000	10 000	10 000	10 000
Total Current Debt	102 000	116 000	56 000	192 000
Total Equity and Debt	6 498 000	6 479 000	6 630 000	6 732 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,1 %	2,12 %	−1,57 %	7,01 %
Debt-to-Equity Ratio	0,12	0,12	0,18	0,16
Operating Profit Margin	12,18 %	19,47 %	−14,18 %	54,62 %
Current Ratio	4,32	5	10,91	3,03
Quick Ratio	4,32	5	10,91	3,03
Equity Ratio	0,88	0,88	0,84	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %