GEIR ENGVIK INDUSTRISERVICE AS

6240 ØRSKOG

Finances

Share Ownership

Return on Equity

−67,12 %

Current Ratio

0,06

Debt-to-Equity Ratio

−2,16

Key figures (NOK)	2022	2021	2020
Revenue	1 764 000	1 620 000	149 000
Net Income	98 000	−56 000	−219 000
Total Assets	1 158 000	1 153 000	382 000
Total Equity	−146 000	−245 000	−189 000

Income (NOK)	2022	2021	2020
Revenue	1 764 000	1 620 000	149 000
Expenditure	1 614 000	1 670 000	424 000
Operating Profit	150 000	−50 000	−276 000
Financial Income	0	0	0
Financial Costs	24 000	22 000	5 000
Financial Balance	−24 000	−22 000	−5 000
Earnings Before Tax	126 000	−72 000	−280 000
Tax	28 000	−16 000	−62 000
Net Income	98 000	−56 000	−219 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 094 000	937 000	368 000
Total Current Assets	64 000	216 000	15 000
Total Assets	1 158 000	1 153 000	382 000
Total Retained Equity	−176 000	−275 000	−219 000
Total Equity	−146 000	−245 000	−189 000
Total Long-Term Debt	316 000	398 000	270 000
Total Current Debt	989 000	999 000	301 000
Total Equity and Debt	1 158 000	1 153 000	382 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 516 000	1 620 000	149 000
Other Income	248 000	0	0
Revenue	1 764 000	1 620 000	149 000
Cost of Goods Sold	122 000	823 000	22 000
Salary Costs	774 000	343 000	304 000
Depreciation	120 000	76 000	14 000
Impairment	0	0	0
Expenditure	1 614 000	1 670 000	424 000
Operating Profit	150 000	−50 000	−276 000
Financial Income	0	0	0
Financial Costs	24 000	22 000	5 000
Financial Balance	−24 000	−22 000	−5 000
Dividends	0	0	0
Net Income	98 000	−56 000	−219 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	50 000	78 000	62 000
Real Eastate	0	0	0
Machinery and Plant Facilities	799 000	602 000	306 000
Fixtures	245 000	257 000	0
Total Tangible Assets	1 045 000	859 000	306 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 094 000	937 000	368 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	59 000	166 000	5 000
Total Current Assets	64 000	216 000	15 000
Total Assets	1 158 000	1 153 000	382 000
Total Equity	−146 000	−245 000	−189 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	316 000	398 000	270 000
Creditors	50 000	190 000	9 000
Unpaid Taxes	19 000	39 000	0
Dividends	0	0	0
Other Current Debt	919 000	770 000	292 000
Total Current Debt	989 000	999 000	301 000
Total Equity and Debt	1 158 000	1 153 000	382 000

Financial indicators	2022	2021	2020
Return on Equity	−67,12 %	22,86 %	115,87 %
Debt-to-Equity Ratio	−2,16	−1,62	−1,43
Operating Profit Margin	8,5 %	−3,09 %	−185,23 %
Current Ratio	0,06	0,22	0,05
Quick Ratio	0,06	0,22	0,05
Equity Ratio	−0,13	−0,21	−0,49
Gross Profit Margin	93,08 %	49,2 %	85,23 %