GEOMARIN AS

1390 VOLLEN

Finances

Share Ownership

Return on Equity

−5,06 %

Current Ratio

30,09

Debt-to-Equity Ratio

1,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	709 000	5 872 000	1 744 000	1 145 000
Net Income	−98 000	51 000	−271 000	383 000
Total Assets	4 665 000	3 311 000	2 448 000	3 686 000
Total Equity	1 936 000	2 035 000	1 984 000	2 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	709 000	5 872 000	1 744 000	1 145 000
Expenditure	835 000	5 787 000	2 096 000	654 000
Operating Profit	−127 000	84 000	−352 000	491 000
Financial Income	14 000	31 000	2 000	4 000
Financial Costs	1 000	49 000	1 000	3 000
Financial Balance	13 000	−18 000	1 000	1 000
Earnings Before Tax	−114 000	66 000	−351 000	491 000
Tax	−15 000	15 000	−80 000	108 000
Net Income	−98 000	51 000	−271 000	383 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 077 000	1 668 000	885 000	424 000
Total Current Assets	2 588 000	1 643 000	1 564 000	3 262 000
Total Assets	4 665 000	3 311 000	2 448 000	3 686 000
Total Retained Equity	1 836 000	1 935 000	1 884 000	2 098 000
Total Equity	1 936 000	2 035 000	1 984 000	2 198 000
Total Long-Term Debt	2 643 000	717 000	344 000	0
Total Current Debt	86 000	560 000	121 000	1 488 000
Total Equity and Debt	4 665 000	3 311 000	2 448 000	3 686 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	211 000	5 717 000	1 744 000	1 145 000
Other Income	498 000	155 000	0	0
Revenue	709 000	5 872 000	1 744 000	1 145 000
Cost of Goods Sold	99 000	4 986 000	1 288 000	223 000
Salary Costs	58 000	19 000	16 000	1 000
Depreciation	174 000	165 000	120 000	0
Impairment	0	0	0	0
Expenditure	835 000	5 787 000	2 096 000	654 000
Operating Profit	−127 000	84 000	−352 000	491 000
Financial Income	14 000	31 000	2 000	4 000
Financial Costs	1 000	49 000	1 000	3 000
Financial Balance	13 000	−18 000	1 000	1 000
Dividends	0	0	0	0
Net Income	−98 000	51 000	−271 000	383 000

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	0	0	0	0
Fixtures	1 528 000	1 119 000	526 000	51 000
Total Tangible Assets	1 528 000	1 119 000	526 000	51 000
Total Fiancial Fixed Assets	549 000	549 000	359 000	372 000
Total Fixed Assets	2 077 000	1 668 000	885 000	424 000
Stock	2 226 000	0	417 000	1 291 000
Total Investments	0	0	0	0
Cash, Bank	63 000	707 000	254 000	1 189 000
Total Current Assets	2 588 000	1 643 000	1 564 000	3 262 000
Total Assets	4 665 000	3 311 000	2 448 000	3 686 000
Total Equity	1 936 000	2 035 000	1 984 000	2 198 000
Short-Term Group Debt	1 000	0	0	0
Total Long-Term Debt	2 643 000	717 000	344 000	0
Creditors	32 000	22 000	1 000	21 000
Unpaid Taxes	19 000	6 000	6 000	197 000
Dividends	0	0	0	0
Other Current Debt	34 000	531 000	114 000	1 163 000
Total Current Debt	86 000	560 000	121 000	1 488 000
Total Equity and Debt	4 665 000	3 311 000	2 448 000	3 686 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,06 %	2,51 %	−13,66 %	17,42 %
Debt-to-Equity Ratio	1,37	0,35	0,17	0
Operating Profit Margin	−17,91 %	1,43 %	−20,18 %	42,88 %
Current Ratio	30,09	2,93	12,93	2,19
Quick Ratio	−1,21	2,93	−5,28	16,56
Equity Ratio	0,42	0,61	0,81	0,6
Gross Profit Margin	86,04 %	15,09 %	26,15 %	80,52 %