GEOFROST AS

0164 OSLO

Finances

Share Ownership

Return on Equity

−7,27 %

Current Ratio

12,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 364 000	6 544 000	3 899 000	10 412 000
Net Income	−567 000	1 415 000	4 000	1 515 000
Total Assets	8 304 000	9 746 000	8 615 000	9 125 000
Total Equity	7 799 000	8 366 000	7 052 000	7 047 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 364 000	6 544 000	3 899 000	10 412 000
Expenditure	5 000 000	5 106 000	3 937 000	7 994 000
Operating Profit	−636 000	1 438 000	−38 000	2 419 000
Financial Income	79 000	20 000	48 000	89 000
Financial Costs	10 000	43 000	6 000	13 000
Financial Balance	69 000	−23 000	42 000	76 000
Earnings Before Tax	−567 000	1 415 000	4 000	2 494 000
Tax	0	0	0	979 000
Net Income	−567 000	1 415 000	4 000	1 515 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 103 000	2 677 000	2 559 000	2 729 000
Total Current Assets	6 202 000	7 069 000	6 055 000	6 396 000
Total Assets	8 304 000	9 746 000	8 615 000	9 125 000
Total Retained Equity	6 754 000	7 322 000	6 007 000	6 003 000
Total Equity	7 799 000	8 366 000	7 052 000	7 047 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	506 000	1 380 000	1 563 000	2 078 000
Total Equity and Debt	8 304 000	9 746 000	8 615 000	9 125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 364 000	6 544 000	3 728 000	10 412 000
Other Income	0	0	171 000	0
Revenue	4 364 000	6 544 000	3 899 000	10 412 000
Cost of Goods Sold	198 000	826 000	−41 000	3 001 000
Salary Costs	3 218 000	3 211 000	2 781 000	3 226 000
Depreciation	574 000	576 000	507 000	423 000
Impairment	0	0	0	0
Expenditure	5 000 000	5 106 000	3 937 000	7 994 000
Operating Profit	−636 000	1 438 000	−38 000	2 419 000
Financial Income	79 000	20 000	48 000	89 000
Financial Costs	10 000	43 000	6 000	13 000
Financial Balance	69 000	−23 000	42 000	76 000
Dividends	0	0	0	0
Net Income	−567 000	1 415 000	4 000	1 515 000

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	1 641 000	0	0	0
Fixtures	462 000	2 677 000	2 559 000	2 729 000
Total Tangible Assets	2 103 000	2 677 000	2 559 000	2 729 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 103 000	2 677 000	2 559 000	2 729 000
Stock	50 000	50 000	50 000	50 000
Total Investments	0	0	0	0
Cash, Bank	5 991 000	4 848 000	4 233 000	6 046 000
Total Current Assets	6 202 000	7 069 000	6 055 000	6 396 000
Total Assets	8 304 000	9 746 000	8 615 000	9 125 000
Total Equity	7 799 000	8 366 000	7 052 000	7 047 000
Short-Term Group Debt	0	100 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	154 000	946 000	1 143 000
Unpaid Taxes	217 000	838 000	368 000	68 000
Dividends	0	0	0	0
Other Current Debt	282 000	288 000	250 000	297 000
Total Current Debt	506 000	1 380 000	1 563 000	2 078 000
Total Equity and Debt	8 304 000	9 746 000	8 615 000	9 125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,27 %	16,91 %	0,06 %	21,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14,57 %	21,97 %	−0,97 %	23,23 %
Current Ratio	12,26	5,12	3,87	3,08
Quick Ratio	13,6	5,32	4	3,15
Equity Ratio	0,94	0,86	0,82	0,77
Gross Profit Margin	95,46 %	87,38 %	101,05 %	71,18 %