GEO-WEST AS

6905 FLORØ

Finances

Share Ownership

Return on Equity

20,13 %

Current Ratio

10,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 543 000	2 726 000	1 081 000	2 638 000
Net Income	1 646 000	1 371 000	277 000	1 441 000
Total Assets	9 060 000	7 232 000	5 919 000	6 161 000
Total Equity	8 176 000	6 530 000	5 760 000	5 582 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 543 000	2 726 000	1 081 000	2 638 000
Expenditure	1 447 000	968 000	732 000	1 162 000
Operating Profit	2 095 000	1 759 000	350 000	1 475 000
Financial Income	13 000	0	4 000	172 000
Financial Costs	1 000	0	0	−43 000
Financial Balance	12 000	0	4 000	215 000
Earnings Before Tax	2 107 000	1 759 000	354 000	1 691 000
Tax	462 000	388 000	77 000	250 000
Net Income	1 646 000	1 371 000	277 000	1 441 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 000	70 000	48 000	48 000
Total Current Assets	8 997 000	7 162 000	5 871 000	6 113 000
Total Assets	9 060 000	7 232 000	5 919 000	6 161 000
Total Retained Equity	8 073 000	6 427 000	5 656 000	5 479 000
Total Equity	8 176 000	6 530 000	5 760 000	5 582 000
Total Long-Term Debt	1 000	2 000	0	0
Total Current Debt	883 000	700 000	159 000	579 000
Total Equity and Debt	9 060 000	7 232 000	5 919 000	6 161 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 543 000	2 726 000	1 081 000	2 638 000
Other Income	0	0	0	0
Revenue	3 543 000	2 726 000	1 081 000	2 638 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 082 000	723 000	394 000	794 000
Depreciation	7 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	1 447 000	968 000	732 000	1 162 000
Operating Profit	2 095 000	1 759 000	350 000	1 475 000
Financial Income	13 000	0	4 000	172 000
Financial Costs	1 000	0	0	−43 000
Financial Balance	12 000	0	4 000	215 000
Dividends	0	0	0	0
Net Income	1 646 000	1 371 000	277 000	1 441 000

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	0	0	0	0
Fixtures	63 000	70 000	48 000	48 000
Total Tangible Assets	63 000	70 000	48 000	48 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	63 000	70 000	48 000	48 000
Stock	0	0	0	0
Total Investments	4 239 000	4 239 000	4 188 000	4 188 000
Cash, Bank	3 943 000	2 031 000	1 683 000	1 352 000
Total Current Assets	8 997 000	7 162 000	5 871 000	6 113 000
Total Assets	9 060 000	7 232 000	5 919 000	6 161 000
Total Equity	8 176 000	6 530 000	5 760 000	5 582 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	2 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	268 000	163 000	21 000	188 000
Dividends	0	0	0	0
Other Current Debt	153 000	151 000	63 000	141 000
Total Current Debt	883 000	700 000	159 000	579 000
Total Equity and Debt	9 060 000	7 232 000	5 919 000	6 161 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,13 %	21 %	4,81 %	25,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	59,13 %	64,53 %	32,38 %	55,91 %
Current Ratio	10,19	10,23	36,92	10,56
Quick Ratio	10,19	10,23	36,92	10,56
Equity Ratio	0,9	0,9	0,97	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %