GEIR ABEL ELLINGSEN AS

8400 SORTLAND

Finances

Return on Equity

7,38 %

Current Ratio

0,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 000	72 000	40 000	60 000
Net Income	1 256 000	1 484 000	1 446 000	1 096 000
Total Assets	18 889 000	18 872 000	18 888 000	13 317 000
Total Equity	17 022 000	17 066 000	16 451 000	11 562 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 000	72 000	40 000	60 000
Expenditure	33 000	10 000	14 000	12 000
Operating Profit	45 000	61 000	26 000	48 000
Financial Income	1 245 000	1 433 000	1 433 000	1 068 000
Financial Costs	34 000	10 000	13 000	19 000
Financial Balance	1 211 000	1 423 000	1 420 000	1 049 000
Earnings Before Tax	1 256 000	1 484 000	1 446 000	1 096 000
Tax	0	0	0	0
Net Income	1 256 000	1 484 000	1 446 000	1 096 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 853 000	18 841 000	18 836 000	13 294 000
Total Current Assets	36 000	32 000	53 000	22 000
Total Assets	18 889 000	18 872 000	18 888 000	13 317 000
Total Retained Equity	11 580 000	11 623 000	11 008 000	10 062 000
Total Equity	17 022 000	17 066 000	16 451 000	11 562 000
Total Long-Term Debt	0	16 000	135 000	58 000
Total Current Debt	1 866 000	1 791 000	2 302 000	1 697 000
Total Equity and Debt	18 889 000	18 872 000	18 888 000	13 317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 000	72 000	40 000	60 000
Other Income	0	0	0	0
Revenue	78 000	72 000	40 000	60 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	33 000	10 000	14 000	12 000
Operating Profit	45 000	61 000	26 000	48 000
Financial Income	1 245 000	1 433 000	1 433 000	1 068 000
Financial Costs	34 000	10 000	13 000	19 000
Financial Balance	1 211 000	1 423 000	1 420 000	1 049 000
Dividends	0	0	500 000	100 000
Net Income	1 256 000	1 484 000	1 446 000	1 096 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	500 000	500 000	500 000	500 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	500 000	500 000	500 000	500 000
Total Fiancial Fixed Assets	18 353 000	18 341 000	18 336 000	12 794 000
Total Fixed Assets	18 853 000	18 841 000	18 836 000	13 294 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 000	26 000	53 000	22 000
Total Current Assets	36 000	32 000	53 000	22 000
Total Assets	18 889 000	18 872 000	18 888 000	13 317 000
Total Equity	17 022 000	17 066 000	16 451 000	11 562 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	16 000	135 000	58 000
Creditors	29 000	0	0	0
Unpaid Taxes	8 000	4 000	0	0
Dividends	0	0	500 000	100 000
Other Current Debt	1 830 000	1 787 000	1 802 000	1 597 000
Total Current Debt	1 866 000	1 791 000	2 302 000	1 697 000
Total Equity and Debt	18 889 000	18 872 000	18 888 000	13 317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,38 %	8,7 %	8,79 %	9,48 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	57,69 %	84,72 %	65 %	80 %
Current Ratio	0,02	0,02	0,02	0,01
Quick Ratio	0,02	0,02	0,02	0,01
Equity Ratio	0,9	0,9	0,87	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %