GEOSTRØM AS

3176 UNDRUMSDAL

Finances

Share Ownership

Return on Equity

40,26 %

Current Ratio

2,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 574 000	42 271 000	27 880 000	34 641 000
Net Income	9 420 000	8 926 000	4 514 000	5 754 000
Total Assets	33 431 000	29 984 000	20 047 000	19 714 000
Total Equity	23 396 000	16 357 000	13 454 000	11 053 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 574 000	42 271 000	27 880 000	34 641 000
Expenditure	37 480 000	30 798 000	22 066 000	27 219 000
Operating Profit	12 094 000	11 473 000	5 813 000	7 422 000
Financial Income	22 000	15 000	15 000	23 000
Financial Costs	7 000	1 000	34 000	41 000
Financial Balance	15 000	14 000	−19 000	−18 000
Earnings Before Tax	12 110 000	11 487 000	5 795 000	7 404 000
Tax	2 689 000	2 561 000	1 281 000	1 650 000
Net Income	9 420 000	8 926 000	4 514 000	5 754 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 490 000	3 699 000	2 313 000	2 772 000
Total Current Assets	27 941 000	26 285 000	17 734 000	16 942 000
Total Assets	33 431 000	29 984 000	20 047 000	19 714 000
Total Retained Equity	21 704 000	14 665 000	11 762 000	9 361 000
Total Equity	23 396 000	16 357 000	13 454 000	11 053 000
Total Long-Term Debt	15 000	0	0	0
Total Current Debt	10 020 000	13 627 000	6 593 000	8 662 000
Total Equity and Debt	33 431 000	29 984 000	20 047 000	19 714 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 486 000	42 271 000	27 338 000	34 606 000
Other Income	88 000	0	541 000	36 000
Revenue	49 574 000	42 271 000	27 880 000	34 641 000
Cost of Goods Sold	2 397 000	1 233 000	722 000	941 000
Salary Costs	16 661 000	14 950 000	11 083 000	13 385 000
Depreciation	1 030 000	762 000	730 000	541 000
Impairment	0	0	0	0
Expenditure	37 480 000	30 798 000	22 066 000	27 219 000
Operating Profit	12 094 000	11 473 000	5 813 000	7 422 000
Financial Income	22 000	15 000	15 000	23 000
Financial Costs	7 000	1 000	34 000	41 000
Financial Balance	15 000	14 000	−19 000	−18 000
Dividends	2 200 000	6 000 000	1 500 000	2 139 000
Net Income	9 420 000	8 926 000	4 514 000	5 754 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	41 000	14 000	41 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	830 000	383 000	218 000	222 000
Fixtures	4 617 000	3 198 000	1 962 000	2 316 000
Total Tangible Assets	5 447 000	3 581 000	2 179 000	2 538 000
Total Fiancial Fixed Assets	42 000	76 000	120 000	193 000
Total Fixed Assets	5 490 000	3 699 000	2 313 000	2 772 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 679 000	6 288 000	5 912 000	4 575 000
Total Current Assets	27 941 000	26 285 000	17 734 000	16 942 000
Total Assets	33 431 000	29 984 000	20 047 000	19 714 000
Total Equity	23 396 000	16 357 000	13 454 000	11 053 000
Short-Term Group Debt	233 000	564 000	1 061 000	559 000
Total Long-Term Debt	15 000	0	0	0
Creditors	2 889 000	702 000	216 000	538 000
Unpaid Taxes	2 616 000	2 104 000	1 590 000	2 287 000
Dividends	2 200 000	6 000 000	1 500 000	2 139 000
Other Current Debt	1 700 000	1 675 000	1 145 000	1 505 000
Total Current Debt	10 020 000	13 627 000	6 593 000	8 662 000
Total Equity and Debt	33 431 000	29 984 000	20 047 000	19 714 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,26 %	54,57 %	33,55 %	52,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,4 %	27,14 %	20,85 %	21,43 %
Current Ratio	2,79	1,93	2,69	1,96
Quick Ratio	2,79	1,93	2,69	1,96
Equity Ratio	0,7	0,55	0,67	0,56
Gross Profit Margin	95,16 %	97,08 %	97,41 %	97,28 %