GEO MØRE AS

6630 TINGVOLL

Finances

Share Ownership

Return on Equity

73,28 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 833 000	842 000	536 000	776 000
Net Income	340 000	119 000	−67 000	73 000
Total Assets	1 129 000	510 000	297 000	509 000
Total Equity	464 000	188 000	70 000	136 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 833 000	842 000	536 000	776 000
Expenditure	1 403 000	686 000	593 000	672 000
Operating Profit	431 000	156 000	−56 000	103 000
Financial Income	0	0	0	0
Financial Costs	3 000	7 000	10 000	10 000
Financial Balance	−3 000	−7 000	−10 000	−10 000
Earnings Before Tax	428 000	149 000	−67 000	93 000
Tax	89 000	30 000	0	20 000
Net Income	340 000	119 000	−67 000	73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	336 000	181 000	251 000	321 000
Total Current Assets	794 000	330 000	47 000	188 000
Total Assets	1 129 000	510 000	297 000	509 000
Total Retained Equity	439 000	164 000	45 000	112 000
Total Equity	464 000	188 000	70 000	136 000
Total Long-Term Debt	148 000	16 000	130 000	252 000
Total Current Debt	518 000	306 000	97 000	121 000
Total Equity and Debt	1 129 000	510 000	297 000	509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 855 000	820 000	534 000	661 000
Other Income	−22 000	22 000	3 000	115 000
Revenue	1 833 000	842 000	536 000	776 000
Cost of Goods Sold	101 000	46 000	44 000	0
Salary Costs	1 022 000	453 000	432 000	561 000
Depreciation	54 000	70 000	70 000	29 000
Impairment	0	0	0	0
Expenditure	1 403 000	686 000	593 000	672 000
Operating Profit	431 000	156 000	−56 000	103 000
Financial Income	0	0	0	0
Financial Costs	3 000	7 000	10 000	10 000
Financial Balance	−3 000	−7 000	−10 000	−10 000
Dividends	80 000	0	0	0
Net Income	340 000	119 000	−67 000	73 000

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	205 000	0	0	0
Fixtures	131 000	181 000	251 000	321 000
Total Tangible Assets	336 000	181 000	251 000	321 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	336 000	181 000	251 000	321 000
Stock	0	4 000	0	0
Total Investments	0	0	0	0
Cash, Bank	627 000	192 000	41 000	183 000
Total Current Assets	794 000	330 000	47 000	188 000
Total Assets	1 129 000	510 000	297 000	509 000
Total Equity	464 000	188 000	70 000	136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	148 000	16 000	130 000	252 000
Creditors	13 000	11 000	0	8 000
Unpaid Taxes	119 000	105 000	52 000	44 000
Dividends	80 000	0	0	0
Other Current Debt	216 000	161 000	35 000	47 000
Total Current Debt	518 000	306 000	97 000	121 000
Total Equity and Debt	1 129 000	510 000	297 000	509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,28 %	63,3 %	−95,71 %	53,68 %
Debt-to-Equity Ratio	0,32	0,09	1,86	1,85
Operating Profit Margin	23,51 %	18,53 %	−10,45 %	13,27 %
Current Ratio	1,53	1,08	0,48	1,55
Quick Ratio	1,53	1,09	0,48	1,55
Equity Ratio	0,41	0,37	0,24	0,27
Gross Profit Margin	94,49 %	94,54 %	91,79 %	100 %