GEO CASPIAN OPERATION AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

56,67 %

Current Ratio

0,16

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	333 000	27 082 000
Net Income	−9 629 000	−6 219 000	−1 479 000	−15 987 000
Total Assets	3 260 000	11 981 000	19 285 000	22 696 000
Total Equity	−16 990 000	−7 361 000	−1 142 000	338 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	333 000	27 082 000
Expenditure	10 014 000	6 845 000	2 156 000	44 022 000
Operating Profit	−10 014 000	−6 845 000	−1 823 000	−16 940 000
Financial Income	968 000	2 319 000	2 505 000	1 860 000
Financial Costs	583 000	1 693 000	2 161 000	835 000
Financial Balance	385 000	626 000	344 000	1 025 000
Earnings Before Tax	−9 629 000	−6 219 000	−1 479 000	−15 915 000
Tax	0	0	0	72 000
Net Income	−9 629 000	−6 219 000	−1 479 000	−15 987 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 260 000	11 981 000	19 285 000	22 696 000
Total Assets	3 260 000	11 981 000	19 285 000	22 696 000
Total Retained Equity	−17 090 000	−7 461 000	−1 242 000	238 000
Total Equity	−16 990 000	−7 361 000	−1 142 000	338 000
Total Long-Term Debt	0	0	0	293 000
Total Current Debt	20 250 000	19 342 000	20 426 000	22 066 000
Total Equity and Debt	3 260 000	11 981 000	19 285 000	22 696 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	27 051 000
Other Income	0	0	333 000	30 000
Revenue	0	0	333 000	27 082 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−34 000	0	−178 000	2 076 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 014 000	6 845 000	2 156 000	44 022 000
Operating Profit	−10 014 000	−6 845 000	−1 823 000	−16 940 000
Financial Income	968 000	2 319 000	2 505 000	1 860 000
Financial Costs	583 000	1 693 000	2 161 000	835 000
Financial Balance	385 000	626 000	344 000	1 025 000
Dividends	0	0	0	0
Net Income	−9 629 000	−6 219 000	−1 479 000	−15 987 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	47 000	1 688 000	1 775 000
Total Investments	0	0	0	0
Cash, Bank	2 369 000	10 871 000	13 435 000	13 293 000
Total Current Assets	3 260 000	11 981 000	19 285 000	22 696 000
Total Assets	3 260 000	11 981 000	19 285 000	22 696 000
Total Equity	−16 990 000	−7 361 000	−1 142 000	338 000
Short-Term Group Debt	0	0	0	1 628 000
Total Long-Term Debt	0	0	0	293 000
Creditors	192 000	5 000	6 000	340 000
Unpaid Taxes	156 000	106 000	128 000	196 000
Dividends	0	0	0	0
Other Current Debt	19 902 000	19 231 000	20 292 000	19 901 000
Total Current Debt	20 250 000	19 342 000	20 426 000	22 066 000
Total Equity and Debt	3 260 000	11 981 000	19 285 000	22 696 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,67 %	84,49 %	129,51 %	−4 729,88 %
Debt-to-Equity Ratio	−0	−0	−0	0,87
Operating Profit Margin	-	-	−547,45 %	−62,55 %
Current Ratio	0,16	0,62	0,94	1,03
Quick Ratio	0,16	0,62	1,03	1,12
Equity Ratio	−5,21	−0,61	−0,06	0,01
Gross Profit Margin	-	-	100 %	100 %