GARANESET EIENDOM AS

4230 SAND

Finances

Share Ownership

Return on Equity

20,61 %

Current Ratio

Debt-to-Equity Ratio

1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	630 000	598 000	590 000	582 000
Net Income	231 000	190 000	161 000	194 000
Total Assets	3 266 000	3 216 000	3 116 000	3 070 000
Total Equity	1 121 000	1 290 000	1 100 000	939 000

Income (NOK)	2022	2021	2020	2019
Revenue	630 000	598 000	590 000	582 000
Expenditure	259 000	284 000	302 000	251 000
Operating Profit	371 000	314 000	288 000	331 000
Financial Income	3 000	3 000	3 000	0
Financial Costs	78 000	74 000	84 000	83 000
Financial Balance	−75 000	−71 000	−81 000	−83 000
Earnings Before Tax	296 000	244 000	207 000	249 000
Tax	65 000	54 000	46 000	55 000
Net Income	231 000	190 000	161 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 610 000	2 725 000	2 847 000	2 976 000
Total Current Assets	656 000	491 000	269 000	94 000
Total Assets	3 266 000	3 216 000	3 116 000	3 070 000
Total Retained Equity	1 021 000	1 190 000	1 000 000	839 000
Total Equity	1 121 000	1 290 000	1 100 000	939 000
Total Long-Term Debt	1 490 000	1 644 000	1 830 000	1 923 000
Total Current Debt	655 000	282 000	186 000	208 000
Total Equity and Debt	3 266 000	3 216 000	3 116 000	3 070 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	630 000	598 000	590 000	582 000
Revenue	630 000	598 000	590 000	582 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	115 000	122 000	129 000	129 000
Impairment	0	0	0	0
Expenditure	259 000	284 000	302 000	251 000
Operating Profit	371 000	314 000	288 000	331 000
Financial Income	3 000	3 000	3 000	0
Financial Costs	78 000	74 000	84 000	83 000
Financial Balance	−75 000	−71 000	−81 000	−83 000
Dividends	400 000	0	0	0
Net Income	231 000	190 000	161 000	194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 610 000	2 725 000	2 844 000	2 968 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	3 000	8 000
Total Tangible Assets	2 610 000	2 725 000	2 847 000	2 976 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 610 000	2 725 000	2 847 000	2 976 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	639 000	484 000	262 000	87 000
Total Current Assets	656 000	491 000	269 000	94 000
Total Assets	3 266 000	3 216 000	3 116 000	3 070 000
Total Equity	1 121 000	1 290 000	1 100 000	939 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 490 000	1 644 000	1 830 000	1 923 000
Creditors	47 000	98 000	10 000	16 000
Unpaid Taxes	133 000	120 000	115 000	124 000
Dividends	400 000	0	0	0
Other Current Debt	6 000	7 000	9 000	9 000
Total Current Debt	655 000	282 000	186 000	208 000
Total Equity and Debt	3 266 000	3 216 000	3 116 000	3 070 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,61 %	14,73 %	14,64 %	20,66 %
Debt-to-Equity Ratio	1,33	1,27	1,66	2,05
Operating Profit Margin	58,89 %	52,51 %	48,81 %	56,87 %
Current Ratio	1	1,74	1,45	0,45
Quick Ratio	1	1,74	1,45	0,45
Equity Ratio	0,34	0,4	0,35	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %