GEO DRILLING AS

7994 LEKA

Finances

Share Ownership

Return on Equity

56,28 %

Current Ratio

5,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 765 000	1 142 000	8 913 000	13 213 000
Net Income	4 142 000	−1 173 000	1 769 000	3 823 000
Total Assets	8 895 000	12 110 000	14 609 000	24 713 000
Total Equity	7 360 000	3 219 000	12 392 000	10 622 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 765 000	1 142 000	8 913 000	13 213 000
Expenditure	1 567 000	2 695 000	6 726 000	8 565 000
Operating Profit	5 198 000	−1 553 000	2 188 000	4 647 000
Financial Income	183 000	49 000	83 000	255 000
Financial Costs	63 000	0	3 000	1 000
Financial Balance	120 000	49 000	80 000	254 000
Earnings Before Tax	5 318 000	−1 504 000	2 268 000	4 901 000
Tax	1 176 000	−331 000	499 000	1 078 000
Net Income	4 142 000	−1 173 000	1 769 000	3 823 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	965 000	1 770 000	1 393 000	1 200 000
Total Current Assets	7 929 000	10 340 000	13 216 000	23 513 000
Total Assets	8 895 000	12 110 000	14 609 000	24 713 000
Total Retained Equity	7 060 000	2 919 000	12 092 000	10 322 000
Total Equity	7 360 000	3 219 000	12 392 000	10 622 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 534 000	8 891 000	2 217 000	14 090 000
Total Equity and Debt	8 895 000	12 110 000	14 609 000	24 713 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	481 000	917 000	8 652 000	13 135 000
Other Income	6 284 000	224 000	261 000	77 000
Revenue	6 765 000	1 142 000	8 913 000	13 213 000
Cost of Goods Sold	25 000	29 000	740 000	865 000
Salary Costs	197 000	875 000	3 514 000	4 752 000
Depreciation	285 000	439 000	378 000	543 000
Impairment	0	0	0	0
Expenditure	1 567 000	2 695 000	6 726 000	8 565 000
Operating Profit	5 198 000	−1 553 000	2 188 000	4 647 000
Financial Income	183 000	49 000	83 000	255 000
Financial Costs	63 000	0	3 000	1 000
Financial Balance	120 000	49 000	80 000	254 000
Dividends	0	8 000 000	0	10 000 000
Net Income	4 142 000	−1 173 000	1 769 000	3 823 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 000	484 000	153 000	190 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	775 000	1 121 000	738 000	397 000
Fixtures	90 000	135 000	472 000	582 000
Total Tangible Assets	865 000	1 257 000	1 210 000	979 000
Total Fiancial Fixed Assets	0	30 000	30 000	30 000
Total Fixed Assets	965 000	1 770 000	1 393 000	1 200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 702 000	9 983 000	12 803 000	20 273 000
Total Current Assets	7 929 000	10 340 000	13 216 000	23 513 000
Total Assets	8 895 000	12 110 000	14 609 000	24 713 000
Total Equity	7 360 000	3 219 000	12 392 000	10 622 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	608 000	665 000	733 000	805 000
Unpaid Taxes	1 000	51 000	533 000	1 469 000
Dividends	0	8 000 000	0	10 000 000
Other Current Debt	132 000	175 000	491 000	741 000
Total Current Debt	1 534 000	8 891 000	2 217 000	14 090 000
Total Equity and Debt	8 895 000	12 110 000	14 609 000	24 713 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,28 %	−36,44 %	14,28 %	35,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	76,84 %	−135,99 %	24,55 %	35,17 %
Current Ratio	5,17	1,16	5,96	1,67
Quick Ratio	5,17	1,16	5,96	1,67
Equity Ratio	0,83	0,27	0,85	0,43
Gross Profit Margin	99,63 %	97,46 %	91,7 %	93,45 %