GEOTEX ENGINEERING AS

9046 OTEREN

Finances

Share Ownership

Return on Equity

13,48 %

Current Ratio

19,43

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 104 000	623 000	365 000	822 000
Net Income	184 000	−194 000	−30 000	214 000
Total Assets	1 467 000	1 197 000	1 456 000	1 408 000
Total Equity	1 365 000	1 180 000	1 375 000	1 405 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 104 000	623 000	365 000	822 000
Expenditure	820 000	617 000	396 000	609 000
Operating Profit	184 000	−194 000	−30 000	213 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	184 000	−194 000	−30 000	214 000
Tax	0	0	0	0
Net Income	184 000	−194 000	−30 000	214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 000	83 000	104 000	126 000
Total Current Assets	1 399 000	1 115 000	1 352 000	1 282 000
Total Assets	1 467 000	1 197 000	1 456 000	1 408 000
Total Retained Equity	1 265 000	1 080 000	1 275 000	1 305 000
Total Equity	1 365 000	1 180 000	1 375 000	1 405 000
Total Long-Term Debt	30 000	30 000	30 000	30 000
Total Current Debt	72 000	−13 000	51 000	−27 000
Total Equity and Debt	1 467 000	1 197 000	1 456 000	1 408 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 104 000	624 000	365 000	822 000
Other Income	0	−1 000	0	0
Revenue	1 104 000	623 000	365 000	822 000
Cost of Goods Sold	153 000	109 000	127 000	234 000
Salary Costs	312 000	287 000	115 000	131 000
Depreciation	15 000	22 000	22 000	22 000
Impairment	0	0	0	0
Expenditure	820 000	617 000	396 000	609 000
Operating Profit	184 000	−194 000	−30 000	213 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	184 000	−194 000	−30 000	214 000

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	6 000	12 000	18 000	24 000
Fixtures	36 000	46 000	61 000	77 000
Total Tangible Assets	42 000	58 000	79 000	101 000
Total Fiancial Fixed Assets	25 000	25 000	25 000	25 000
Total Fixed Assets	67 000	83 000	104 000	126 000
Stock	900 000	1 000 000	1 200 000	1 200 000
Total Investments	0	0	0	0
Cash, Bank	248 000	65 000	152 000	61 000
Total Current Assets	1 399 000	1 115 000	1 352 000	1 282 000
Total Assets	1 467 000	1 197 000	1 456 000	1 408 000
Total Equity	1 365 000	1 180 000	1 375 000	1 405 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 000	30 000	30 000	30 000
Creditors	37 000	44 000	−3 000	−3 000
Unpaid Taxes	49 000	−28 000	−27 000	−31 000
Dividends	0	0	0	0
Other Current Debt	19 000	4 000	104 000	7 000
Total Current Debt	72 000	−13 000	51 000	−27 000
Total Equity and Debt	1 467 000	1 197 000	1 456 000	1 408 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,48 %	−16,44 %	−2,18 %	15,23 %
Debt-to-Equity Ratio	0,02	0,03	0,02	0,02
Operating Profit Margin	16,67 %	−31,14 %	−8,22 %	25,91 %
Current Ratio	19,43	−85,77	26,51	−47,48
Quick Ratio	−1,69	−1,1	−1,18	−1,04
Equity Ratio	0,93	0,99	0,94	1
Gross Profit Margin	86,14 %	82,5 %	65,21 %	71,53 %