WEST GEO AS

4027 STAVANGER

Finances

Return on Equity

2,89 %

Current Ratio

0,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	519 000	1 499 000	410 000	204 000
Net Income	97 000	1 006 000	−139 000	−395 000
Total Assets	6 414 000	6 659 000	8 378 000	8 372 000
Total Equity	3 358 000	3 261 000	2 255 000	2 393 000

Income (NOK)	2022	2021	2020	2019
Revenue	519 000	1 499 000	410 000	204 000
Expenditure	423 000	592 000	548 000	599 000
Operating Profit	97 000	907 000	−139 000	−394 000
Financial Income	0	100 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	100 000	0	0
Earnings Before Tax	97 000	1 006 000	−139 000	−395 000
Tax	0	0	0	0
Net Income	97 000	1 006 000	−139 000	−395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 416 000	4 325 000	8 332 000	8 348 000
Total Current Assets	1 998 000	2 334 000	46 000	23 000
Total Assets	6 414 000	6 659 000	8 378 000	8 372 000
Total Retained Equity	3 258 000	3 161 000	2 155 000	2 293 000
Total Equity	3 358 000	3 261 000	2 255 000	2 393 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 056 000	3 398 000	6 123 000	5 979 000
Total Equity and Debt	6 414 000	6 659 000	8 378 000	8 372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	519 000	1 499 000	410 000	204 000
Revenue	519 000	1 499 000	410 000	204 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	0	0	0	6 000
Depreciation	10 000	13 000	16 000	22 000
Impairment	0	0	0	0
Expenditure	423 000	592 000	548 000	599 000
Operating Profit	97 000	907 000	−139 000	−394 000
Financial Income	0	100 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	100 000	0	0
Dividends	0	0	0	0
Net Income	97 000	1 006 000	−139 000	−395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 286 000	4 286 000	8 080 000	8 080 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	40 000	52 000	69 000
Total Tangible Assets	4 316 000	4 325 000	8 132 000	8 148 000
Total Fiancial Fixed Assets	100 000	0	200 000	200 000
Total Fixed Assets	4 416 000	4 325 000	8 332 000	8 348 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 998 000	2 324 000	36 000	23 000
Total Current Assets	1 998 000	2 334 000	46 000	23 000
Total Assets	6 414 000	6 659 000	8 378 000	8 372 000
Total Equity	3 358 000	3 261 000	2 255 000	2 393 000
Short-Term Group Debt	0	64 000	2 564 000	2 564 000
Total Long-Term Debt	0	0	0	0
Creditors	−9 000	−2 000	28 000	−4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 066 000	3 336 000	3 531 000	3 419 000
Total Current Debt	3 056 000	3 398 000	6 123 000	5 979 000
Total Equity and Debt	6 414 000	6 659 000	8 378 000	8 372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,89 %	30,85 %	−6,16 %	−16,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,69 %	60,51 %	−33,9 %	−193,14 %
Current Ratio	0,65	0,69	0,01	0
Quick Ratio	0,65	0,69	0,01	0
Equity Ratio	0,52	0,49	0,27	0,29
Gross Profit Margin	100 %	100 %	100 %	99,51 %