GEIR SERVICE AS

3070 SANDE I VESTFOLD

Finances

Return on Equity

83,53 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 928 000	2 569 000	1 977 000	1 663 000
Net Income	71 000	28 000	26 000	−165 000
Total Assets	452 000	372 000	336 000	226 000
Total Equity	85 000	14 000	−14 000	−40 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 928 000	2 569 000	1 977 000	1 663 000
Expenditure	2 858 000	2 540 000	1 948 000	1 821 000
Operating Profit	71 000	30 000	29 000	−158 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	3 000	4 000
Financial Balance	0	−2 000	−3 000	−4 000
Earnings Before Tax	71 000	28 000	26 000	−162 000
Tax	0	0	0	4 000
Net Income	71 000	28 000	26 000	−165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	27 000	99 000	118 000
Total Current Assets	437 000	345 000	237 000	108 000
Total Assets	452 000	372 000	336 000	226 000
Total Retained Equity	55 000	−16 000	−44 000	−70 000
Total Equity	85 000	14 000	−14 000	−40 000
Total Long-Term Debt	0	0	31 000	59 000
Total Current Debt	368 000	358 000	319 000	207 000
Total Equity and Debt	452 000	372 000	336 000	226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 927 000	2 525 000	1 979 000	1 663 000
Other Income	1 000	44 000	−2 000	0
Revenue	2 928 000	2 569 000	1 977 000	1 663 000
Cost of Goods Sold	657 000	535 000	307 000	247 000
Salary Costs	1 729 000	1 588 000	1 238 000	1 089 000
Depreciation	13 000	27 000	35 000	47 000
Impairment	0	0	0	0
Expenditure	2 858 000	2 540 000	1 948 000	1 821 000
Operating Profit	71 000	30 000	29 000	−158 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	3 000	4 000
Financial Balance	0	−2 000	−3 000	−4 000
Dividends	0	0	0	0
Net Income	71 000	28 000	26 000	−165 000

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	6 000	15 000	25 000	34 000
Fixtures	8 000	11 000	75 000	84 000
Total Tangible Assets	14 000	27 000	99 000	118 000
Total Fiancial Fixed Assets	1 000	0	0	0
Total Fixed Assets	15 000	27 000	99 000	118 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	343 000	322 000	208 000	108 000
Total Current Assets	437 000	345 000	237 000	108 000
Total Assets	452 000	372 000	336 000	226 000
Total Equity	85 000	14 000	−14 000	−40 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	31 000	59 000
Creditors	9 000	38 000	17 000	8 000
Unpaid Taxes	202 000	177 000	170 000	106 000
Dividends	0	0	0	0
Other Current Debt	157 000	144 000	132 000	94 000
Total Current Debt	368 000	358 000	319 000	207 000
Total Equity and Debt	452 000	372 000	336 000	226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,53 %	200 %	−185,71 %	412,5 %
Debt-to-Equity Ratio	0	0	−2,21	−1,48
Operating Profit Margin	2,42 %	1,17 %	1,47 %	−9,5 %
Current Ratio	1,19	0,96	0,74	0,52
Quick Ratio	1,19	0,96	0,74	0,52
Equity Ratio	0,19	0,04	−0,04	−0,18
Gross Profit Margin	77,56 %	79,17 %	84,47 %	85,15 %