GEOPROBING TECHNOLOGY AS

7044 TRONDHEIM

Finances

Return on Equity

−36,26 %

Current Ratio

2,25

Debt-to-Equity Ratio

−1,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	579 000	268 000	0	0
Net Income	314 000	243 000	−32 000	−145 000
Total Assets	585 000	352 000	13 000	48 000
Total Equity	−866 000	−936 000	−1 180 000	−1 148 000

Income (NOK)	2022	2021	2020	2019
Revenue	579 000	268 000	0	0
Expenditure	176 000	24 000	32 000	144 000
Operating Profit	403 000	243 000	−32 000	−144 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	403 000	243 000	−32 000	−145 000
Tax	89 000	0	0	0
Net Income	314 000	243 000	−32 000	−145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	17 000	6 000	6 000
Total Current Assets	585 000	335 000	7 000	42 000
Total Assets	585 000	352 000	13 000	48 000
Total Retained Equity	−1 352 000	−1 423 000	−1 666 000	−1 635 000
Total Equity	−866 000	−936 000	−1 180 000	−1 148 000
Total Long-Term Debt	1 191 000	0	0	0
Total Current Debt	260 000	1 288 000	1 192 000	1 196 000
Total Equity and Debt	585 000	352 000	13 000	48 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	579 000	268 000	0	0
Other Income	0	0	0	0
Revenue	579 000	268 000	0	0
Cost of Goods Sold	0	0	0	2 000
Salary Costs	11 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	176 000	24 000	32 000	144 000
Operating Profit	403 000	243 000	−32 000	−144 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	314 000	243 000	−32 000	−145 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	17 000	6 000	6 000
Total Fixed Assets	0	17 000	6 000	6 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	82 000	0	30 000
Total Current Assets	585 000	335 000	7 000	42 000
Total Assets	585 000	352 000	13 000	48 000
Total Equity	−866 000	−936 000	−1 180 000	−1 148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 191 000	0	0	0
Creditors	6 000	0	1 000	2 000
Unpaid Taxes	115 000	62 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 227 000	1 191 000	1 194 000
Total Current Debt	260 000	1 288 000	1 192 000	1 196 000
Total Equity and Debt	585 000	352 000	13 000	48 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,26 %	−25,96 %	2,71 %	12,63 %
Debt-to-Equity Ratio	−1,38	−0	−0	−0
Operating Profit Margin	69,6 %	90,67 %	-	-
Current Ratio	2,25	0,26	0,01	0,04
Quick Ratio	2,25	0,26	0,01	0,04
Equity Ratio	−1,48	−2,66	−90,77	−23,92
Gross Profit Margin	100 %	100 %	-	-