GARUDA UTVIKLING AS

5224 NESTTUN

Finances

Share Ownership

Return on Equity

−6 %

Current Ratio

148

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 000	295 000	212 000	568 000
Net Income	−9 000	18 000	−46 000	57 000
Total Assets	151 000	910 000	1 179 000	1 015 000
Total Equity	150 000	159 000	741 000	787 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 000	295 000	212 000	568 000
Expenditure	88 000	273 000	273 000	499 000
Operating Profit	−13 000	23 000	−62 000	69 000
Financial Income	2 000	1 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	3 000	4 000
Earnings Before Tax	−11 000	24 000	−59 000	73 000
Tax	−3 000	5 000	−13 000	16 000
Net Income	−9 000	18 000	−46 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	0	0	0
Total Current Assets	148 000	910 000	1 179 000	1 015 000
Total Assets	151 000	910 000	1 179 000	1 015 000
Total Retained Equity	45 000	54 000	636 000	682 000
Total Equity	150 000	159 000	741 000	787 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 000	751 000	438 000	228 000
Total Equity and Debt	151 000	910 000	1 179 000	1 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	75 000	295 000	212 000	568 000
Other Income	0	0	0	0
Revenue	75 000	295 000	212 000	568 000
Cost of Goods Sold	44 000	135 000	109 000	238 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	88 000	273 000	273 000	499 000
Operating Profit	−13 000	23 000	−62 000	69 000
Financial Income	2 000	1 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	3 000	4 000
Dividends	0	600 000	0	0
Net Income	−9 000	18 000	−46 000	57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	148 000	900 000	1 038 000	880 000
Total Current Assets	148 000	910 000	1 179 000	1 015 000
Total Assets	151 000	910 000	1 179 000	1 015 000
Total Equity	150 000	159 000	741 000	787 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	6 000	3 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	600 000	0	0
Other Current Debt	0	140 000	435 000	208 000
Total Current Debt	1 000	751 000	438 000	228 000
Total Equity and Debt	151 000	910 000	1 179 000	1 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6 %	11,32 %	−6,21 %	7,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−17,33 %	7,8 %	−29,25 %	12,15 %
Current Ratio	148	1,21	2,69	4,45
Quick Ratio	148	1,21	2,69	4,45
Equity Ratio	0,99	0,17	0,63	0,78
Gross Profit Margin	41,33 %	54,24 %	48,58 %	58,1 %