GEIR OLSEN MASKIN AS

9393 FLAKSTADVÅG

Finances

Share Ownership

Return on Equity

23,89 %

Current Ratio

0,49

Debt-to-Equity Ratio

−0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	318 000	85 000	1 449 000	1 273 000
Net Income	−194 000	−478 000	−236 000	−7 000
Total Assets	833 000	710 000	756 000	1 147 000
Total Equity	−812 000	−618 000	−140 000	96 000

Income (NOK)	2022	2021	2020	2019
Revenue	318 000	85 000	1 449 000	1 273 000
Expenditure	547 000	690 000	1 759 000	1 310 000
Operating Profit	−230 000	−605 000	−310 000	−37 000
Financial Income	0	7 000	9 000	0
Financial Costs	19 000	15 000	2 000	2 000
Financial Balance	−19 000	−8 000	7 000	−2 000
Earnings Before Tax	−249 000	−612 000	−302 000	−39 000
Tax	−55 000	−135 000	−67 000	−32 000
Net Income	−194 000	−478 000	−236 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	299 000	254 000	140 000	126 000
Total Current Assets	534 000	456 000	616 000	1 022 000
Total Assets	833 000	710 000	756 000	1 147 000
Total Retained Equity	−842 000	−648 000	−170 000	66 000
Total Equity	−812 000	−618 000	−140 000	96 000
Total Long-Term Debt	548 000	548 000	548 000	709 000
Total Current Debt	1 096 000	780 000	348 000	342 000
Total Equity and Debt	833 000	710 000	756 000	1 147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	318 000	85 000	1 369 000	1 273 000
Other Income	0	0	79 000	0
Revenue	318 000	85 000	1 449 000	1 273 000
Cost of Goods Sold	30 000	16 000	72 000	11 000
Salary Costs	0	0	415 000	441 000
Depreciation	10 000	21 000	35 000	43 000
Impairment	0	0	0	0
Expenditure	547 000	690 000	1 759 000	1 310 000
Operating Profit	−230 000	−605 000	−310 000	−37 000
Financial Income	0	7 000	9 000	0
Financial Costs	19 000	15 000	2 000	2 000
Financial Balance	−19 000	−8 000	7 000	−2 000
Dividends	0	0	0	0
Net Income	−194 000	−478 000	−236 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	288 000	233 000	98 000	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	12 000	21 000	42 000	94 000
Fixtures	0	0	0	0
Total Tangible Assets	12 000	21 000	42 000	94 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	299 000	254 000	140 000	126 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	138 000	104 000	214 000	187 000
Total Current Assets	534 000	456 000	616 000	1 022 000
Total Assets	833 000	710 000	756 000	1 147 000
Total Equity	−812 000	−618 000	−140 000	96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	548 000	548 000	548 000	709 000
Creditors	83 000	182 000	276 000	143 000
Unpaid Taxes	52 000	0	33 000	106 000
Dividends	0	0	0	0
Other Current Debt	962 000	598 000	39 000	93 000
Total Current Debt	1 096 000	780 000	348 000	342 000
Total Equity and Debt	833 000	710 000	756 000	1 147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,89 %	77,35 %	168,57 %	−7,29 %
Debt-to-Equity Ratio	−0,67	−0,89	−3,91	7,39
Operating Profit Margin	−72,33 %	−711,76 %	−21,39 %	−2,91 %
Current Ratio	0,49	0,58	1,77	2,99
Quick Ratio	0,49	0,58	1,77	2,99
Equity Ratio	−0,97	−0,87	−0,19	0,08
Gross Profit Margin	90,57 %	81,18 %	95,03 %	99,14 %