GEO INSTRUMENT SERVICE NORGE AS

1653 SELLEBAKK

Finances

Return on Equity

25,65 %

Current Ratio

3,39

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 523 000	38 738 000	31 802 000	32 253 000
Net Income	4 847 000	3 098 000	1 988 000	1 368 000
Total Assets	30 044 000	27 045 000	20 602 000	18 079 000
Total Equity	18 900 000	14 053 000	11 430 000	9 442 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 523 000	38 738 000	31 802 000	32 253 000
Expenditure	38 517 000	34 495 000	29 207 000	30 276 000
Operating Profit	7 005 000	4 243 000	2 595 000	1 977 000
Financial Income	90 000	59 000	307 000	82 000
Financial Costs	889 000	267 000	326 000	289 000
Financial Balance	−799 000	−208 000	−19 000	−207 000
Earnings Before Tax	6 206 000	4 034 000	2 575 000	1 770 000
Tax	1 359 000	936 000	587 000	401 000
Net Income	4 847 000	3 098 000	1 988 000	1 368 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	788 000	947 000	795 000	971 000
Total Current Assets	29 256 000	26 098 000	19 807 000	17 108 000
Total Assets	30 044 000	27 045 000	20 602 000	18 079 000
Total Retained Equity	18 615 000	13 768 000	11 130 000	9 142 000
Total Equity	18 900 000	14 053 000	11 430 000	9 442 000
Total Long-Term Debt	2 525 000	3 197 000	2 804 000	3 254 000
Total Current Debt	8 619 000	9 796 000	6 367 000	5 383 000
Total Equity and Debt	30 044 000	27 045 000	20 602 000	18 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 525 000	38 365 000	31 770 000	32 253 000
Other Income	−3 000	373 000	32 000	0
Revenue	45 523 000	38 738 000	31 802 000	32 253 000
Cost of Goods Sold	28 720 000	25 781 000	21 697 000	20 475 000
Salary Costs	4 447 000	4 166 000	3 131 000	4 432 000
Depreciation	56 000	108 000	148 000	148 000
Impairment	0	0	0	0
Expenditure	38 517 000	34 495 000	29 207 000	30 276 000
Operating Profit	7 005 000	4 243 000	2 595 000	1 977 000
Financial Income	90 000	59 000	307 000	82 000
Financial Costs	889 000	267 000	326 000	289 000
Financial Balance	−799 000	−208 000	−19 000	−207 000
Dividends	0	0	0	0
Net Income	4 847 000	3 098 000	1 988 000	1 368 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	621 000	669 000	756 000	854 000
Machinery and Plant Facilities	21 000	5 000	0	0
Fixtures	0	34 000	20 000	69 000
Total Tangible Assets	641 000	709 000	776 000	923 000
Total Fiancial Fixed Assets	147 000	239 000	19 000	48 000
Total Fixed Assets	788 000	947 000	795 000	971 000
Stock	20 144 000	15 132 000	11 571 000	11 134 000
Total Investments	0	0	0	0
Cash, Bank	767 000	1 989 000	479 000	709 000
Total Current Assets	29 256 000	26 098 000	19 807 000	17 108 000
Total Assets	30 044 000	27 045 000	20 602 000	18 079 000
Total Equity	18 900 000	14 053 000	11 430 000	9 442 000
Short-Term Group Debt	304 000	364 000	364 000	390 000
Total Long-Term Debt	2 525 000	3 197 000	2 804 000	3 254 000
Creditors	3 999 000	6 616 000	3 733 000	2 994 000
Unpaid Taxes	1 604 000	1 014 000	983 000	701 000
Dividends	0	0	0	0
Other Current Debt	1 353 000	865 000	700 000	896 000
Total Current Debt	8 619 000	9 796 000	6 367 000	5 383 000
Total Equity and Debt	30 044 000	27 045 000	20 602 000	18 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,65 %	22,05 %	17,39 %	14,49 %
Debt-to-Equity Ratio	0,13	0,23	0,25	0,34
Operating Profit Margin	15,39 %	10,95 %	8,16 %	6,13 %
Current Ratio	3,39	2,66	3,11	3,18
Quick Ratio	−2,54	−4,89	−3,81	−2,97
Equity Ratio	0,63	0,52	0,55	0,52
Gross Profit Margin	36,91 %	33,45 %	31,77 %	36,52 %