GEORGERNES VERFT BORETTSLAG

5015 BERGEN

Finances

Share Ownership

Return on Equity

−0,37 %

Current Ratio

0,46

Debt-to-Equity Ratio

2,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 726 000	13 512 000	13 936 000	13 088 000
Net Income	−275 000	2 007 000	4 414 000	3 227 000
Total Assets	280 455 000	280 371 000	280 594 000	280 024 000
Total Equity	75 287 000	75 562 000	73 555 000	69 140 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 726 000	13 512 000	13 936 000	13 088 000
Expenditure	14 546 000	11 235 000	8 827 000	9 085 000
Operating Profit	180 000	2 277 000	5 109 000	4 003 000
Financial Income	68 000	53 000	11 000	24 000
Financial Costs	522 000	323 000	706 000	799 000
Financial Balance	−454 000	−270 000	−695 000	−775 000
Earnings Before Tax	−275 000	2 007 000	5 109 000	4 003 000
Tax	0	0	0	0
Net Income	−275 000	2 007 000	4 414 000	3 227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	279 134 000	279 350 000	278 456 000	278 478 000
Total Current Assets	1 321 000	1 021 000	2 138 000	1 546 000
Total Assets	280 455 000	280 371 000	280 594 000	280 024 000
Total Retained Equity	75 272 000	75 547 000	73 540 000	69 125 000
Total Equity	75 287 000	75 562 000	73 555 000	69 140 000
Total Long-Term Debt	202 278 000	202 860 000	205 702 000	209 823 000
Total Current Debt	2 890 000	1 949 000	1 337 000	1 061 000
Total Equity and Debt	280 455 000	280 371 000	280 594 000	280 024 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 709 000	9 347 000	0	0
Other Income	5 017 000	4 166 000	13 936 000	13 088 000
Revenue	14 726 000	13 512 000	13 936 000	13 088 000
Cost of Goods Sold	0	0	0	0
Salary Costs	297 000	285 000	280 000	285 000
Depreciation	215 000	120 000	22 000	39 000
Impairment	0	0	0	0
Expenditure	14 546 000	11 235 000	8 827 000	9 085 000
Operating Profit	180 000	2 277 000	5 109 000	4 003 000
Financial Income	68 000	53 000	11 000	24 000
Financial Costs	522 000	323 000	706 000	799 000
Financial Balance	−454 000	−270 000	−695 000	−775 000
Dividends	0	0	0	0
Net Income	−275 000	2 007 000	4 414 000	3 227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	278 425 000	278 425 000	278 425 000	278 425 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	710 000	925 000	31 000	53 000
Total Tangible Assets	279 134 000	279 350 000	278 456 000	278 478 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	279 134 000	279 350 000	278 456 000	278 478 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	487 000	274 000	1 201 000	812 000
Total Current Assets	1 321 000	1 021 000	2 138 000	1 546 000
Total Assets	280 455 000	280 371 000	280 594 000	280 024 000
Total Equity	75 287 000	75 562 000	73 555 000	69 140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	202 278 000	202 860 000	205 702 000	209 823 000
Creditors	2 326 000	1 399 000	785 000	636 000
Unpaid Taxes	35 000	34 000	35 000	31 000
Dividends	0	0	0	0
Other Current Debt	529 000	516 000	517 000	393 000
Total Current Debt	2 890 000	1 949 000	1 337 000	1 061 000
Total Equity and Debt	280 455 000	280 371 000	280 594 000	280 024 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,37 %	2,66 %	6 %	4,67 %
Debt-to-Equity Ratio	2,69	2,68	2,8	3,03
Operating Profit Margin	1,22 %	16,85 %	36,66 %	30,59 %
Current Ratio	0,46	0,52	1,6	1,46
Quick Ratio	0,46	0,52	1,6	1,46
Equity Ratio	0,27	0,27	0,26	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %