GEIR FOSSUM AS

1336 SANDVIKA

Finances

Share Ownership

Return on Equity

−81,71 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	240 000	250 000	292 000	9 000
Net Income	−201 000	−98 000	−60 000	−171 000
Total Assets	477 000	515 000	595 000	653 000
Total Equity	246 000	447 000	545 000	604 000

Income (NOK)	2022	2021	2020	2019
Revenue	240 000	250 000	292 000	9 000
Expenditure	346 000	374 000	368 000	228 000
Operating Profit	−106 000	−123 000	−76 000	−219 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	0	1 000
Financial Balance	−2 000	−2 000	0	−1 000
Earnings Before Tax	−108 000	−125 000	−76 000	−220 000
Tax	93 000	−28 000	−17 000	−48 000
Net Income	−201 000	−98 000	−60 000	−171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	93 000	65 000	48 000
Total Current Assets	477 000	422 000	530 000	605 000
Total Assets	477 000	515 000	595 000	653 000
Total Retained Equity	216 000	417 000	515 000	574 000
Total Equity	246 000	447 000	545 000	604 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	230 000	68 000	51 000	49 000
Total Equity and Debt	477 000	515 000	595 000	653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	240 000	250 000	292 000	9 000
Other Income	0	0	0	0
Revenue	240 000	250 000	292 000	9 000
Cost of Goods Sold	18 000	67 000	91 000	35 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	346 000	374 000	368 000	228 000
Operating Profit	−106 000	−123 000	−76 000	−219 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	0	1 000
Financial Balance	−2 000	−2 000	0	−1 000
Dividends	0	0	0	40 000
Net Income	−201 000	−98 000	−60 000	−171 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	93 000	65 000	48 000
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	93 000	65 000	48 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	19 000	21 000	1 000
Total Current Assets	477 000	422 000	530 000	605 000
Total Assets	477 000	515 000	595 000	653 000
Total Equity	246 000	447 000	545 000	604 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	64 000	69 000	34 000	23 000
Unpaid Taxes	0	−1 000	−1 000	−15 000
Dividends	0	0	0	40 000
Other Current Debt	167 000	0	17 000	0
Total Current Debt	230 000	68 000	51 000	49 000
Total Equity and Debt	477 000	515 000	595 000	653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−81,71 %	−21,92 %	−11,01 %	−28,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−44,17 %	−49,2 %	−26,03 %	−2 433,33 %
Current Ratio	2,07	6,21	10,39	12,35
Quick Ratio	2,07	6,21	10,39	12,35
Equity Ratio	0,52	0,87	0,92	0,92
Gross Profit Margin	92,5 %	73,2 %	68,84 %	−288,89 %