GEOGRUNN AS

3085 HOLMESTRAND

Finances

Share Ownership

Return on Equity

55,7 %

Current Ratio

2,62

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 375 000	6 537 000	5 556 000	1 723 000
Net Income	2 484 000	2 079 000	1 768 000	646 000
Total Assets	5 903 000	5 802 000	3 267 000	1 614 000
Total Equity	4 460 000	4 277 000	2 347 000	669 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 375 000	6 537 000	5 556 000	1 723 000
Expenditure	4 188 000	3 394 000	3 033 000	895 000
Operating Profit	3 187 000	2 670 000	2 269 000	828 000
Financial Income	0	0	3 000	0
Financial Costs	1 000	2 000	5 000	0
Financial Balance	−1 000	−2 000	−2 000	0
Earnings Before Tax	3 186 000	2 668 000	2 268 000	828 000
Tax	702 000	589 000	499 000	182 000
Net Income	2 484 000	2 079 000	1 768 000	646 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 261 000	1 407 000	732 000	405 000
Total Current Assets	3 642 000	4 395 000	2 535 000	1 208 000
Total Assets	5 903 000	5 802 000	3 267 000	1 614 000
Total Retained Equity	4 430 000	4 247 000	2 317 000	639 000
Total Equity	4 460 000	4 277 000	2 347 000	669 000
Total Long-Term Debt	54 000	44 000	30 000	23 000
Total Current Debt	1 389 000	1 482 000	890 000	923 000
Total Equity and Debt	5 903 000	5 802 000	3 267 000	1 614 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 263 000	6 484 000	5 556 000	1 723 000
Other Income	113 000	53 000	0	0
Revenue	7 375 000	6 537 000	5 556 000	1 723 000
Cost of Goods Sold	791 000	0	0	0
Salary Costs	1 595 000	1 284 000	1 165 000	329 000
Depreciation	308 000	251 000	116 000	7 000
Impairment	0	0	0	0
Expenditure	4 188 000	3 394 000	3 033 000	895 000
Operating Profit	3 187 000	2 670 000	2 269 000	828 000
Financial Income	0	0	3 000	0
Financial Costs	1 000	2 000	5 000	0
Financial Balance	−1 000	−2 000	−2 000	0
Dividends	2 300 000	150 000	90 000	0
Net Income	2 484 000	2 079 000	1 768 000	646 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	766 000	0	0	0
Fixtures	411 000	1 407 000	732 000	405 000
Total Tangible Assets	1 177 000	1 407 000	732 000	405 000
Total Fiancial Fixed Assets	1 084 000	0	0	0
Total Fixed Assets	2 261 000	1 407 000	732 000	405 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 774 000	3 131 000	1 926 000	385 000
Total Current Assets	3 642 000	4 395 000	2 535 000	1 208 000
Total Assets	5 903 000	5 802 000	3 267 000	1 614 000
Total Equity	4 460 000	4 277 000	2 347 000	669 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 000	44 000	30 000	23 000
Creditors	60 000	286 000	42 000	268 000
Unpaid Taxes	379 000	362 000	154 000	253 000
Dividends	2 300 000	150 000	90 000	0
Other Current Debt	258 000	109 000	115 000	239 000
Total Current Debt	1 389 000	1 482 000	890 000	923 000
Total Equity and Debt	5 903 000	5 802 000	3 267 000	1 614 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,7 %	48,61 %	75,33 %	96,56 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,03
Operating Profit Margin	43,21 %	40,84 %	40,84 %	48,06 %
Current Ratio	2,62	2,97	2,85	1,31
Quick Ratio	2,62	2,97	2,85	1,31
Equity Ratio	0,76	0,74	0,72	0,41
Gross Profit Margin	89,27 %	100 %	100 %	100 %