GEOCORE AS

5059 BERGEN

Finances

Share Ownership

Return on Equity

24,62 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 640 000	4 480 000	4 231 000	3 743 000
Net Income	162 000	368 000	594 000	522 000
Total Assets	1 542 000	1 462 000	2 338 000	1 542 000
Total Equity	658 000	496 000	1 028 000	884 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 640 000	4 480 000	4 231 000	3 743 000
Expenditure	4 359 000	3 682 000	3 533 000	3 295 000
Operating Profit	280 000	798 000	699 000	447 000
Financial Income	3 000	2 000	3 000	1 000
Financial Costs	0	0	0	0
Financial Balance	3 000	2 000	3 000	1 000
Earnings Before Tax	284 000	800 000	702 000	449 000
Tax	122 000	431 000	108 000	−73 000
Net Income	162 000	368 000	594 000	522 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	24 000	24 000	27 000
Total Current Assets	1 518 000	1 439 000	2 314 000	1 515 000
Total Assets	1 542 000	1 462 000	2 338 000	1 542 000
Total Retained Equity	573 000	412 000	943 000	799 000
Total Equity	658 000	496 000	1 028 000	884 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	884 000	966 000	1 310 000	658 000
Total Equity and Debt	1 542 000	1 462 000	2 338 000	1 542 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 640 000	4 480 000	4 231 000	3 743 000
Other Income	0	0	0	0
Revenue	4 640 000	4 480 000	4 231 000	3 743 000
Cost of Goods Sold	0	44 000	6 000	38 000
Salary Costs	4 088 000	3 370 000	3 252 000	2 956 000
Depreciation	0	0	3 000	12 000
Impairment	0	0	0	0
Expenditure	4 359 000	3 682 000	3 533 000	3 295 000
Operating Profit	280 000	798 000	699 000	447 000
Financial Income	3 000	2 000	3 000	1 000
Financial Costs	0	0	0	0
Financial Balance	3 000	2 000	3 000	1 000
Dividends	0	900 000	450 000	0
Net Income	162 000	368 000	594 000	522 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	3 000
Total Tangible Assets	0	0	0	3 000
Total Fiancial Fixed Assets	24 000	24 000	24 000	24 000
Total Fixed Assets	24 000	24 000	24 000	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 487 000	1 412 000	2 234 000	811 000
Total Current Assets	1 518 000	1 439 000	2 314 000	1 515 000
Total Assets	1 542 000	1 462 000	2 338 000	1 542 000
Total Equity	658 000	496 000	1 028 000	884 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	38 000	34 000	21 000	38 000
Unpaid Taxes	371 000	403 000	378 000	340 000
Dividends	0	900 000	450 000	0
Other Current Debt	354 000	353 000	353 000	353 000
Total Current Debt	884 000	966 000	1 310 000	658 000
Total Equity and Debt	1 542 000	1 462 000	2 338 000	1 542 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,62 %	74,19 %	57,78 %	59,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,03 %	17,81 %	16,52 %	11,94 %
Current Ratio	1,72	1,49	1,77	2,3
Quick Ratio	1,72	1,49	1,77	2,3
Equity Ratio	0,43	0,34	0,44	0,57
Gross Profit Margin	100 %	99,02 %	99,86 %	98,98 %