GEOVARME AS

1338 SANDVIKA

Finances

Share Ownership

Return on Equity

125,19 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	133 000
Net Income	671 000	113 000	1 262 000	431 000
Total Assets	10 402 000	9 393 000	9 286 000	8 018 000
Total Equity	536 000	4 836 000	4 723 000	3 461 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	133 000
Expenditure	−543 000	−112 000	−1 308 000	335 000
Operating Profit	543 000	111 000	1 308 000	−202 000
Financial Income	35 000	2 000	12 000	33 000
Financial Costs	0	0	0	262 000
Financial Balance	35 000	2 000	12 000	−229 000
Earnings Before Tax	578 000	113 000	1 320 000	−431 000
Tax	−93 000	0	58 000	−863 000
Net Income	671 000	113 000	1 262 000	431 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	58 000
Total Current Assets	10 402 000	9 393 000	9 286 000	7 960 000
Total Assets	10 402 000	9 393 000	9 286 000	8 018 000
Total Retained Equity	0	3 520 000	3 407 000	2 145 000
Total Equity	536 000	4 836 000	4 723 000	3 461 000
Total Long-Term Debt	120 000	120 000	120 000	120 000
Total Current Debt	9 746 000	4 437 000	4 443 000	4 438 000
Total Equity and Debt	10 402 000	9 393 000	9 286 000	8 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	133 000
Other Income	0	0	0	0
Revenue	0	0	0	133 000
Cost of Goods Sold	0	−237 000	−1 475 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−543 000	−112 000	−1 308 000	335 000
Operating Profit	543 000	111 000	1 308 000	−202 000
Financial Income	35 000	2 000	12 000	33 000
Financial Costs	0	0	0	262 000
Financial Balance	35 000	2 000	12 000	−229 000
Dividends	5 300 000	0	0	0
Net Income	671 000	113 000	1 262 000	431 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	58 000
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	0	0	0
Total Fixed Assets	0	0	0	58 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 179 000	6 631 000	6 658 000	7 070 000
Total Current Assets	10 402 000	9 393 000	9 286 000	7 960 000
Total Assets	10 402 000	9 393 000	9 286 000	8 018 000
Total Equity	536 000	4 836 000	4 723 000	3 461 000
Short-Term Group Debt	4 445 000	0	0	0
Total Long-Term Debt	120 000	120 000	120 000	120 000
Creditors	2 000	11 000	9 000	4 000
Unpaid Taxes	0	−7 000	0	−1 000
Dividends	5 300 000	0	0	0
Other Current Debt	0	4 434 000	4 434 000	4 434 000
Total Current Debt	9 746 000	4 437 000	4 443 000	4 438 000
Total Equity and Debt	10 402 000	9 393 000	9 286 000	8 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	125,19 %	2,34 %	26,72 %	12,45 %
Debt-to-Equity Ratio	0,22	0,02	0,03	0,03
Operating Profit Margin	-	-	-	−151,88 %
Current Ratio	1,07	2,12	2,09	1,79
Quick Ratio	1,07	2,12	2,09	1,79
Equity Ratio	0,05	0,51	0,51	0,43
Gross Profit Margin	-	-	-	100 %