GEIR AASEN AS

2443 DREVSJØ

Finances

Share Ownership

Return on Equity

27,95 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 474 000	1 608 000	1 580 000	1 588 000
Net Income	393 000	480 000	360 000	298 000
Total Assets	2 944 000	2 786 000	2 434 000	799 000
Total Equity	1 406 000	1 112 000	633 000	343 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 474 000	1 608 000	1 580 000	1 588 000
Expenditure	916 000	940 000	1 079 000	1 192 000
Operating Profit	557 000	668 000	502 000	397 000
Financial Income	3 000	1 000	0	0
Financial Costs	56 000	52 000	38 000	15 000
Financial Balance	−53 000	−51 000	−38 000	−15 000
Earnings Before Tax	505 000	617 000	464 000	383 000
Tax	112 000	137 000	104 000	85 000
Net Income	393 000	480 000	360 000	298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 462 000	2 468 000	1 989 000	296 000
Total Current Assets	482 000	318 000	445 000	503 000
Total Assets	2 944 000	2 786 000	2 434 000	799 000
Total Retained Equity	1 376 000	1 082 000	612 000	321 000
Total Equity	1 406 000	1 112 000	633 000	343 000
Total Long-Term Debt	1 166 000	1 296 000	1 427 000	167 000
Total Current Debt	373 000	377 000	374 000	289 000
Total Equity and Debt	2 944 000	2 786 000	2 434 000	799 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 378 000	1 512 000	1 532 000	1 588 000
Other Income	96 000	96 000	48 000	0
Revenue	1 474 000	1 608 000	1 580 000	1 588 000
Cost of Goods Sold	0	2 000	3 000	1 000
Salary Costs	393 000	648 000	756 000	815 000
Depreciation	6 000	8 000	35 000	60 000
Impairment	0	0	0	0
Expenditure	916 000	940 000	1 079 000	1 192 000
Operating Profit	557 000	668 000	502 000	397 000
Financial Income	3 000	1 000	0	0
Financial Costs	56 000	52 000	38 000	15 000
Financial Balance	−53 000	−51 000	−38 000	−15 000
Dividends	100 000	0	70 000	200 000
Net Income	393 000	480 000	360 000	298 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 462 000	2 462 000	1 976 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	6 000	14 000	296 000
Total Tangible Assets	2 462 000	2 468 000	1 989 000	296 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 462 000	2 468 000	1 989 000	296 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	418 000	175 000	321 000	467 000
Total Current Assets	482 000	318 000	445 000	503 000
Total Assets	2 944 000	2 786 000	2 434 000	799 000
Total Equity	1 406 000	1 112 000	633 000	343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 166 000	1 296 000	1 427 000	167 000
Creditors	10 000	59 000	36 000	3 000
Unpaid Taxes	74 000	90 000	118 000	98 000
Dividends	100 000	0	70 000	200 000
Other Current Debt	76 000	88 000	113 000	99 000
Total Current Debt	373 000	377 000	374 000	289 000
Total Equity and Debt	2 944 000	2 786 000	2 434 000	799 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,95 %	43,17 %	56,87 %	86,88 %
Debt-to-Equity Ratio	0,83	1,17	2,25	0,49
Operating Profit Margin	37,79 %	41,54 %	31,77 %	25 %
Current Ratio	1,29	0,84	1,19	1,74
Quick Ratio	1,29	0,84	1,19	1,74
Equity Ratio	0,48	0,4	0,26	0,43
Gross Profit Margin	100 %	99,88 %	99,81 %	99,94 %