GEIR FINSETH AS

7140 OPPHAUG

Finances

Return on Equity

9,37 %

Current Ratio

−20,68

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	924 000	590 000	688 000	368 000
Net Income	1 848 000	3 265 000	4 109 000	1 672 000
Total Assets	19 265 000	18 826 000	16 478 000	11 607 000
Total Equity	19 728 000	17 880 000	15 085 000	10 814 000

Income (NOK)	2022	2021	2020	2019
Revenue	924 000	590 000	688 000	368 000
Expenditure	812 000	537 000	509 000	150 000
Operating Profit	112 000	53 000	180 000	218 000
Financial Income	1 811 000	3 252 000	3 982 000	1 547 000
Financial Costs	2 000	4 000	5 000	23 000
Financial Balance	1 809 000	3 248 000	3 977 000	1 524 000
Earnings Before Tax	1 921 000	3 301 000	4 156 000	1 742 000
Tax	73 000	36 000	47 000	70 000
Net Income	1 848 000	3 265 000	4 109 000	1 672 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 108 000	4 444 000	1 617 000	607 000
Total Current Assets	15 157 000	14 382 000	14 861 000	11 001 000
Total Assets	19 265 000	18 826 000	16 478 000	11 607 000
Total Retained Equity	19 573 000	17 725 000	14 790 000	10 681 000
Total Equity	19 728 000	17 880 000	15 085 000	10 814 000
Total Long-Term Debt	269 000	255 000	290 000	309 000
Total Current Debt	−733 000	691 000	1 103 000	484 000
Total Equity and Debt	19 265 000	18 826 000	16 478 000	11 607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	574 000	590 000	688 000	368 000
Other Income	351 000	0	0	0
Revenue	924 000	590 000	688 000	368 000
Cost of Goods Sold	24 000	0	0	0
Salary Costs	3 000	21 000	0	0
Depreciation	112 000	173 000	111 000	100 000
Impairment	0	0	0	0
Expenditure	812 000	537 000	509 000	150 000
Operating Profit	112 000	53 000	180 000	218 000
Financial Income	1 811 000	3 252 000	3 982 000	1 547 000
Financial Costs	2 000	4 000	5 000	23 000
Financial Balance	1 809 000	3 248 000	3 977 000	1 524 000
Dividends	0	470 000	0	0
Net Income	1 848 000	3 265 000	4 109 000	1 672 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	414 000	443 000	472 000	501 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	797 000	907 000	105 000
Total Tangible Assets	908 000	1 444 000	1 617 000	607 000
Total Fiancial Fixed Assets	3 200 000	3 000 000	0	0
Total Fixed Assets	4 108 000	4 444 000	1 617 000	607 000
Stock	0	0	0	0
Total Investments	2 829 000	2 945 000	6 541 000	7 511 000
Cash, Bank	12 010 000	10 674 000	8 211 000	2 371 000
Total Current Assets	15 157 000	14 382 000	14 861 000	11 001 000
Total Assets	19 265 000	18 826 000	16 478 000	11 607 000
Total Equity	19 728 000	17 880 000	15 085 000	10 814 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	269 000	255 000	290 000	309 000
Creditors	−835 000	52 000	1 020 000	147 000
Unpaid Taxes	0	59 000	−99 000	85 000
Dividends	0	470 000	0	0
Other Current Debt	44 000	39 000	42 000	59 000
Total Current Debt	−733 000	691 000	1 103 000	484 000
Total Equity and Debt	19 265 000	18 826 000	16 478 000	11 607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,37 %	18,26 %	27,24 %	15,46 %
Debt-to-Equity Ratio	0,01	0,01	0,02	0,03
Operating Profit Margin	12,12 %	8,98 %	26,16 %	59,24 %
Current Ratio	−20,68	20,81	13,47	22,73
Quick Ratio	−20,68	20,81	13,47	22,73
Equity Ratio	1,02	0,95	0,92	0,93
Gross Profit Margin	97,4 %	100 %	100 %	100 %