GEIR AAGE SVEEN AS

1400 SKI

Finances

Return on Equity

25,24 %

Current Ratio

5,24

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 982 000	1 616 000	1 285 000	997 000
Net Income	401 000	607 000	458 000	69 000
Total Assets	2 286 000	2 329 000	1 494 000	1 059 000
Total Equity	1 589 000	1 187 000	580 000	122 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 982 000	1 616 000	1 285 000	997 000
Expenditure	1 446 000	763 000	743 000	798 000
Operating Profit	536 000	853 000	541 000	199 000
Financial Income	0	1 000	0	0
Financial Costs	19 000	22 000	7 000	87 000
Financial Balance	−19 000	−21 000	−7 000	−87 000
Earnings Before Tax	517 000	833 000	534 000	113 000
Tax	116 000	226 000	75 000	43 000
Net Income	401 000	607 000	458 000	69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	663 000	673 000	684 000	670 000
Total Current Assets	1 623 000	1 656 000	810 000	390 000
Total Assets	2 286 000	2 329 000	1 494 000	1 059 000
Total Retained Equity	1 559 000	1 157 000	550 000	92 000
Total Equity	1 589 000	1 187 000	580 000	122 000
Total Long-Term Debt	387 000	388 000	387 000	387 000
Total Current Debt	310 000	754 000	527 000	550 000
Total Equity and Debt	2 286 000	2 329 000	1 494 000	1 059 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 979 000	1 601 000	1 270 000	997 000
Other Income	4 000	15 000	15 000	0
Revenue	1 982 000	1 616 000	1 285 000	997 000
Cost of Goods Sold	668 000	404 000	362 000	169 000
Salary Costs	310 000	18 000	0	66 000
Depreciation	11 000	11 000	7 000	0
Impairment	0	0	0	0
Expenditure	1 446 000	763 000	743 000	798 000
Operating Profit	536 000	853 000	541 000	199 000
Financial Income	0	1 000	0	0
Financial Costs	19 000	22 000	7 000	87 000
Financial Balance	−19 000	−21 000	−7 000	−87 000
Dividends	0	0	0	0
Net Income	401 000	607 000	458 000	69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	641 000	641 000	641 000	641 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	25 000	36 000	22 000
Total Tangible Assets	15 000	25 000	36 000	22 000
Total Fiancial Fixed Assets	7 000	7 000	7 000	7 000
Total Fixed Assets	663 000	673 000	684 000	670 000
Stock	58 000	49 000	0	0
Total Investments	0	0	0	0
Cash, Bank	76 000	93 000	63 000	12 000
Total Current Assets	1 623 000	1 656 000	810 000	390 000
Total Assets	2 286 000	2 329 000	1 494 000	1 059 000
Total Equity	1 589 000	1 187 000	580 000	122 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	387 000	388 000	387 000	387 000
Creditors	47 000	363 000	274 000	257 000
Unpaid Taxes	38 000	57 000	52 000	52 000
Dividends	0	0	0	0
Other Current Debt	108 000	152 000	114 000	168 000
Total Current Debt	310 000	754 000	527 000	550 000
Total Equity and Debt	2 286 000	2 329 000	1 494 000	1 059 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,24 %	51,14 %	78,97 %	56,56 %
Debt-to-Equity Ratio	0,24	0,33	0,67	3,17
Operating Profit Margin	27,04 %	52,78 %	42,1 %	19,96 %
Current Ratio	5,24	2,2	1,54	0,71
Quick Ratio	6,44	2,35	1,54	0,71
Equity Ratio	0,7	0,51	0,39	0,12
Gross Profit Margin	66,3 %	75 %	71,83 %	83,05 %