GEO CRUISES AS

6030 LANGEVÅG

Finances

Share Ownership

Return on Equity

−26,98 %

Current Ratio

4,5

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020
Revenue	0	0	150 000
Net Income	−17 000	−20 000	1 000
Total Assets	157 000	116 000	153 000
Total Equity	63 000	81 000	101 000

Income (NOK)	2022	2021	2020
Revenue	0	0	150 000
Expenditure	13 000	25 000	150 000
Operating Profit	−14 000	−25 000	1 000
Financial Income	0	0	0
Financial Costs	4 000	0	0
Financial Balance	−4 000	0	0
Earnings Before Tax	−17 000	−25 000	1 000
Tax	0	−6 000	0
Net Income	−17 000	−20 000	1 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	140 000	62 000	0
Total Current Assets	18 000	54 000	153 000
Total Assets	157 000	116 000	153 000
Total Retained Equity	−37 000	−19 000	1 000
Total Equity	63 000	81 000	101 000
Total Long-Term Debt	90 000	0	0
Total Current Debt	4 000	35 000	52 000
Total Equity and Debt	157 000	116 000	153 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	150 000
Other Income	0	0	0
Revenue	0	0	150 000
Cost of Goods Sold	0	0	0
Salary Costs	−18 000	0	93 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	13 000	25 000	150 000
Operating Profit	−14 000	−25 000	1 000
Financial Income	0	0	0
Financial Costs	4 000	0	0
Financial Balance	−4 000	0	0
Dividends	0	0	0
Net Income	−17 000	−20 000	1 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	6 000	6 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	134 000	56 000	0
Total Tangible Assets	134 000	56 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	140 000	62 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	18 000	54 000	78 000
Total Current Assets	18 000	54 000	153 000
Total Assets	157 000	116 000	153 000
Total Equity	63 000	81 000	101 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	90 000	0	0
Creditors	0	11 000	7 000
Unpaid Taxes	0	0	21 000
Dividends	0	0	0
Other Current Debt	4 000	24 000	24 000
Total Current Debt	4 000	35 000	52 000
Total Equity and Debt	157 000	116 000	153 000

Financial indicators	2022	2021	2020
Return on Equity	−26,98 %	−24,69 %	0,99 %
Debt-to-Equity Ratio	1,43	0	0
Operating Profit Margin	-	-	0,67 %
Current Ratio	4,5	1,54	2,94
Quick Ratio	4,5	1,54	2,94
Equity Ratio	0,4	0,7	0,66
Gross Profit Margin	-	-	100 %