GEO SALTEN AS

8200 FAUSKE

Finances

Share Ownership

Return on Equity

47,15 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 822 000	1 459 000	817 000
Net Income	281 000	185 000	30 000
Total Assets	1 034 000	667 000	408 000
Total Equity	596 000	315 000	130 000

Income (NOK)	2022	2021	2020
Revenue	1 822 000	1 459 000	817 000
Expenditure	1 459 000	1 223 000	779 000
Operating Profit	363 000	236 000	38 000
Financial Income	0	1 000	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	1 000	0
Earnings Before Tax	362 000	237 000	38 000
Tax	80 000	52 000	8 000
Net Income	281 000	185 000	30 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	9 000	18 000	0
Total Current Assets	1 024 000	649 000	408 000
Total Assets	1 034 000	667 000	408 000
Total Retained Equity	496 000	215 000	30 000
Total Equity	596 000	315 000	130 000
Total Long-Term Debt	0	0	1 000
Total Current Debt	437 000	352 000	277 000
Total Equity and Debt	1 034 000	667 000	408 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 822 000	1 459 000	817 000
Other Income	0	0	0
Revenue	1 822 000	1 459 000	817 000
Cost of Goods Sold	33 000	53 000	3 000
Salary Costs	878 000	720 000	525 000
Depreciation	8 000	7 000	0
Impairment	0	0	0
Expenditure	1 459 000	1 223 000	779 000
Operating Profit	363 000	236 000	38 000
Financial Income	0	1 000	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	1 000	0
Dividends	0	0	0
Net Income	281 000	185 000	30 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	9 000	17 000	0
Total Tangible Assets	9 000	17 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	9 000	18 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	705 000	469 000	162 000
Total Current Assets	1 024 000	649 000	408 000
Total Assets	1 034 000	667 000	408 000
Total Equity	596 000	315 000	130 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	1 000
Creditors	42 000	45 000	49 000
Unpaid Taxes	171 000	115 000	38 000
Dividends	0	0	0
Other Current Debt	145 000	138 000	182 000
Total Current Debt	437 000	352 000	277 000
Total Equity and Debt	1 034 000	667 000	408 000

Financial indicators	2022	2021	2020
Return on Equity	47,15 %	58,73 %	23,08 %
Debt-to-Equity Ratio	0	0	0,01
Operating Profit Margin	19,92 %	16,18 %	4,65 %
Current Ratio	2,34	1,84	1,47
Quick Ratio	2,34	1,84	1,47
Equity Ratio	0,58	0,47	0,32
Gross Profit Margin	98,19 %	96,37 %	99,63 %