GEO TRADE AS

3732 SKIEN

Finances

Share Ownership

Return on Equity

−537,55 %

Current Ratio

0,25

Debt-to-Equity Ratio

1,53

Key figures (NOK)	2021	2020	2019	2018
Revenue	417 000	299 000	50 000	452 000
Net Income	−1 403 000	−324 000	−1 779 000	−122 000
Total Assets	4 048 000	1 937 000	1 687 000	1 143 000
Total Equity	261 000	664 000	−898 000	−300 000

Income (NOK)	2021	2020	2019	2018
Revenue	417 000	299 000	50 000	452 000
Expenditure	1 787 000	589 000	2 071 000	559 000
Operating Profit	−1 369 000	−291 000	−1 753 000	−107 000
Financial Income	0	0	0	0
Financial Costs	34 000	33 000	26 000	15 000
Financial Balance	−34 000	−33 000	−26 000	−15 000
Earnings Before Tax	−1 403 000	−324 000	−1 779 000	−122 000
Tax	0	0	0	0
Net Income	−1 403 000	−324 000	−1 779 000	−122 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 215 000	1 486 000	1 340 000	953 000
Total Current Assets	834 000	451 000	347 000	190 000
Total Assets	4 048 000	1 937 000	1 687 000	1 143 000
Total Retained Equity	−1 403 000	−2 432 000	−2 108 000	−330 000
Total Equity	261 000	664 000	−898 000	−300 000
Total Long-Term Debt	400 000	625 000	1 545 000	550 000
Total Current Debt	3 387 000	647 000	1 040 000	893 000
Total Equity and Debt	4 048 000	1 937 000	1 687 000	1 143 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	117 000	149 000	50 000	0
Other Income	300 000	150 000	0	452 000
Revenue	417 000	299 000	50 000	452 000
Cost of Goods Sold	−229 000	68 000	47 000	0
Salary Costs	1 101 000	213 000	1 340 000	474 000
Depreciation	35 000	35 000	0	0
Impairment	0	0	0	0
Expenditure	1 787 000	589 000	2 071 000	559 000
Operating Profit	−1 369 000	−291 000	−1 753 000	−107 000
Financial Income	0	0	0	0
Financial Costs	34 000	33 000	26 000	15 000
Financial Balance	−34 000	−33 000	−26 000	−15 000
Dividends	0	0	0	0
Net Income	−1 403 000	−324 000	−1 779 000	−122 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	953 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 150 000	1 486 000	176 000	0
Total Tangible Assets	3 150 000	1 486 000	1 340 000	0
Total Fiancial Fixed Assets	64 000	0	0	0
Total Fixed Assets	3 215 000	1 486 000	1 340 000	953 000
Stock	388 000	109 000	109 000	0
Total Investments	0	0	0	0
Cash, Bank	209 000	207 000	176 000	188 000
Total Current Assets	834 000	451 000	347 000	190 000
Total Assets	4 048 000	1 937 000	1 687 000	1 143 000
Total Equity	261 000	664 000	−898 000	−300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	400 000	625 000	1 545 000	550 000
Creditors	837 000	446 000	213 000	0
Unpaid Taxes	149 000	62 000	228 000	13 000
Dividends	0	0	0	0
Other Current Debt	2 402 000	140 000	600 000	880 000
Total Current Debt	3 387 000	647 000	1 040 000	893 000
Total Equity and Debt	4 048 000	1 937 000	1 687 000	1 143 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−537,55 %	−48,8 %	198,11 %	40,67 %
Debt-to-Equity Ratio	1,53	0,94	−1,72	−1,83
Operating Profit Margin	−328,3 %	−97,32 %	−3 506 %	−23,67 %
Current Ratio	0,25	0,7	0,33	0,21
Quick Ratio	0,28	0,84	0,37	0,21
Equity Ratio	0,06	0,34	−0,53	−0,26
Gross Profit Margin	154,92 %	77,26 %	6 %	100 %