GEIR V LARSEN AS

4260 TORVASTAD

Finances

Share Ownership

Return on Equity

25,39 %

Current Ratio

8,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 710 000	1 485 000	530 000	2 366 000
Net Income	247 000	294 000	−173 000	249 000
Total Assets	1 093 000	834 000	542 000	708 000
Total Equity	973 000	726 000	433 000	606 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 710 000	1 485 000	530 000	2 366 000
Expenditure	1 453 000	1 181 000	693 000	2 108 000
Operating Profit	257 000	304 000	−163 000	258 000
Financial Income	0	0	0	0
Financial Costs	10 000	10 000	10 000	10 000
Financial Balance	−10 000	−10 000	−10 000	−10 000
Earnings Before Tax	247 000	294 000	−173 000	249 000
Tax	0	0	0	0
Net Income	247 000	294 000	−173 000	249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	25 000	35 000	45 000
Total Current Assets	1 078 000	809 000	508 000	664 000
Total Assets	1 093 000	834 000	542 000	708 000
Total Retained Equity	−527 000	−774 000	−1 067 000	−894 000
Total Equity	973 000	726 000	433 000	606 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	120 000	108 000	110 000	103 000
Total Equity and Debt	1 093 000	834 000	542 000	708 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 710 000	1 285 000	530 000	2 156 000
Other Income	0	200 000	0	210 000
Revenue	1 710 000	1 485 000	530 000	2 366 000
Cost of Goods Sold	506 000	481 000	36 000	1 050 000
Salary Costs	548 000	456 000	482 000	514 000
Depreciation	10 000	10 000	10 000	6 000
Impairment	0	0	0	0
Expenditure	1 453 000	1 181 000	693 000	2 108 000
Operating Profit	257 000	304 000	−163 000	258 000
Financial Income	0	0	0	0
Financial Costs	10 000	10 000	10 000	10 000
Financial Balance	−10 000	−10 000	−10 000	−10 000
Dividends	0	0	0	0
Net Income	247 000	294 000	−173 000	249 000

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	0	0	0	0
Fixtures	15 000	25 000	35 000	45 000
Total Tangible Assets	15 000	25 000	35 000	45 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	25 000	35 000	45 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	990 000	561 000	455 000	598 000
Total Current Assets	1 078 000	809 000	508 000	664 000
Total Assets	1 093 000	834 000	542 000	708 000
Total Equity	973 000	726 000	433 000	606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	2 000	3 000	1 000
Unpaid Taxes	44 000	38 000	40 000	29 000
Dividends	0	0	0	0
Other Current Debt	72 000	67 000	67 000	73 000
Total Current Debt	120 000	108 000	110 000	103 000
Total Equity and Debt	1 093 000	834 000	542 000	708 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,39 %	40,5 %	−39,95 %	41,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,03 %	20,47 %	−30,75 %	10,9 %
Current Ratio	8,98	7,49	4,62	6,45
Quick Ratio	8,98	7,49	4,62	6,45
Equity Ratio	0,89	0,87	0,8	0,86
Gross Profit Margin	70,41 %	67,61 %	93,21 %	55,62 %