GEOFIELD AS

7040 TRONDHEIM

Finances

Return on Equity

70,56 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 556 000	853 000	2 744 000	2 192 000
Net Income	827 000	−214 000	125 000	409 000
Total Assets	2 656 000	1 666 000	1 063 000	829 000
Total Equity	1 172 000	344 000	559 000	434 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 556 000	853 000	2 744 000	2 192 000
Expenditure	7 669 000	1 112 000	2 583 000	1 670 000
Operating Profit	886 000	−258 000	161 000	522 000
Financial Income	3 000	2 000	2 000	1 000
Financial Costs	5 000	3 000	2 000	0
Financial Balance	−2 000	−1 000	0	1 000
Earnings Before Tax	883 000	−258 000	161 000	523 000
Tax	56 000	−44 000	35 000	114 000
Net Income	827 000	−214 000	125 000	409 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 076 000	875 000	413 000	21 000
Total Current Assets	1 580 000	790 000	650 000	808 000
Total Assets	2 656 000	1 666 000	1 063 000	829 000
Total Retained Equity	1 147 000	320 000	534 000	409 000
Total Equity	1 172 000	344 000	559 000	434 000
Total Long-Term Debt	51 000	0	10 000	1 000
Total Current Debt	1 433 000	1 321 000	494 000	395 000
Total Equity and Debt	2 656 000	1 666 000	1 063 000	829 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 518 000	853 000	2 741 000	2 192 000
Other Income	37 000	0	3 000	0
Revenue	8 556 000	853 000	2 744 000	2 192 000
Cost of Goods Sold	2 659 000	24 000	706 000	108 000
Salary Costs	2 400 000	452 000	1 079 000	1 132 000
Depreciation	95 000	42 000	21 000	5 000
Impairment	0	0	0	0
Expenditure	7 669 000	1 112 000	2 583 000	1 670 000
Operating Profit	886 000	−258 000	161 000	522 000
Financial Income	3 000	2 000	2 000	1 000
Financial Costs	5 000	3 000	2 000	0
Financial Balance	−2 000	−1 000	0	1 000
Dividends	0	0	0	0
Net Income	827 000	−214 000	125 000	409 000

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	474 000	489 000	45 000	21 000
Total Tangible Assets	729 000	766 000	304 000	21 000
Total Fiancial Fixed Assets	347 000	109 000	109 000	0
Total Fixed Assets	1 076 000	875 000	413 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	820 000	273 000	594 000	655 000
Total Current Assets	1 580 000	790 000	650 000	808 000
Total Assets	2 656 000	1 666 000	1 063 000	829 000
Total Equity	1 172 000	344 000	559 000	434 000
Short-Term Group Debt	122 000	744 000	305 000	0
Total Long-Term Debt	51 000	0	10 000	1 000
Creditors	445 000	390 000	26 000	10 000
Unpaid Taxes	311 000	83 000	24 000	128 000
Dividends	0	0	0	0
Other Current Debt	550 000	104 000	112 000	143 000
Total Current Debt	1 433 000	1 321 000	494 000	395 000
Total Equity and Debt	2 656 000	1 666 000	1 063 000	829 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,56 %	−62,21 %	22,36 %	94,24 %
Debt-to-Equity Ratio	0,04	0	0,02	0
Operating Profit Margin	10,36 %	−30,25 %	5,87 %	23,81 %
Current Ratio	1,1	0,6	1,32	2,05
Quick Ratio	1,1	0,6	1,32	2,05
Equity Ratio	0,44	0,21	0,53	0,52
Gross Profit Margin	68,92 %	97,19 %	74,27 %	95,07 %