GARDEVEIEN 2 AS

0256 OSLO

Finances

Share Ownership

Return on Equity

5,73 %

Current Ratio

0,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 176 000	26 973 000	27 827 000	28 884 000
Net Income	14 803 000	14 314 000	16 124 000	16 128 000
Total Assets	340 049 000	340 180 000	340 717 000	342 767 000
Total Equity	258 310 000	258 449 000	258 575 000	258 688 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 176 000	26 973 000	27 827 000	28 884 000
Expenditure	8 059 000	7 532 000	6 122 000	6 691 000
Operating Profit	21 117 000	19 441 000	21 706 000	22 193 000
Financial Income	0	0	8 000	34 000
Financial Costs	2 138 000	1 090 000	1 042 000	1 550 000
Financial Balance	−2 138 000	−1 090 000	−1 034 000	−1 516 000
Earnings Before Tax	18 979 000	18 352 000	20 672 000	20 677 000
Tax	4 175 000	4 037 000	4 548 000	4 549 000
Net Income	14 803 000	14 314 000	16 124 000	16 128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	339 263 000	339 778 000	340 297 000	341 154 000
Total Current Assets	786 000	402 000	420 000	1 613 000
Total Assets	340 049 000	340 180 000	340 717 000	342 767 000
Total Retained Equity	0	0	52 000	165 000
Total Equity	258 310 000	258 449 000	258 575 000	258 688 000
Total Long-Term Debt	0	0	21 573 000	61 005 000
Total Current Debt	81 738 000	81 731 000	60 569 000	23 074 000
Total Equity and Debt	340 049 000	340 180 000	340 717 000	342 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 803 000	26 777 000	27 764 000	28 762 000
Other Income	373 000	196 000	63 000	122 000
Revenue	29 176 000	26 973 000	27 827 000	28 884 000
Cost of Goods Sold	158 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	554 000	554 000	556 000	563 000
Impairment	0	0	0	0
Expenditure	8 059 000	7 532 000	6 122 000	6 691 000
Operating Profit	21 117 000	19 441 000	21 706 000	22 193 000
Financial Income	0	0	8 000	34 000
Financial Costs	2 138 000	1 090 000	1 042 000	1 550 000
Financial Balance	−2 138 000	−1 090 000	−1 034 000	−1 516 000
Dividends	0	0	0	0
Net Income	14 803 000	14 314 000	16 124 000	16 128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	212 000	173 000	138 000	106 000
Real Eastate	338 997 000	339 544 000	340 092 000	340 774 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	61 000	68 000	75 000
Total Tangible Assets	339 051 000	339 605 000	340 159 000	340 848 000
Total Fiancial Fixed Assets	0	0	0	200 000
Total Fixed Assets	339 263 000	339 778 000	340 297 000	341 154 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	1 306 000
Total Current Assets	786 000	402 000	420 000	1 613 000
Total Assets	340 049 000	340 180 000	340 717 000	342 767 000
Total Equity	258 310 000	258 449 000	258 575 000	258 688 000
Short-Term Group Debt	60 919 000	61 634 000	38 445 000	0
Total Long-Term Debt	0	0	21 573 000	61 005 000
Creditors	649 000	338 000	368 000	774 000
Unpaid Taxes	52 000	18 000	26 000	21 000
Dividends	0	0	0	0
Other Current Debt	20 117 000	19 741 000	21 730 000	22 280 000
Total Current Debt	81 738 000	81 731 000	60 569 000	23 074 000
Total Equity and Debt	340 049 000	340 180 000	340 717 000	342 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,73 %	5,54 %	6,24 %	6,23 %
Debt-to-Equity Ratio	0	0	0,08	0,24
Operating Profit Margin	72,38 %	72,08 %	78 %	76,83 %
Current Ratio	0,01	0	0,01	0,07
Quick Ratio	0,01	0	0,01	0,07
Equity Ratio	0,76	0,76	0,76	0,75
Gross Profit Margin	99,46 %	100 %	100 %	100 %