GEO SEABED INSTRUMENTS AS

7068 TRONDHEIM

Finances

Share Ownership

Return on Equity

37,59 %

Current Ratio

4,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	291 000	199 000	0	0
Net Income	165 000	133 000	−64 000	−47 000
Total Assets	553 000	352 000	178 000	242 000
Total Equity	439 000	273 000	140 000	205 000

Income (NOK)	2022	2021	2020	2019
Revenue	291 000	199 000	0	0
Expenditure	126 000	66 000	65 000	47 000
Operating Profit	165 000	133 000	−65 000	−47 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	165 000	133 000	−64 000	−47 000
Tax	0	0	0	0
Net Income	165 000	133 000	−64 000	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	63 000	38 000	2 000
Total Current Assets	508 000	290 000	140 000	241 000
Total Assets	553 000	352 000	178 000	242 000
Total Retained Equity	35 000	−131 000	−264 000	−199 000
Total Equity	439 000	273 000	140 000	205 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	114 000	79 000	37 000	37 000
Total Equity and Debt	553 000	352 000	178 000	242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	291 000	199 000	0	0
Other Income	0	0	0	0
Revenue	291 000	199 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	18 000	15 000	11 000	9 000
Impairment	0	0	0	0
Expenditure	126 000	66 000	65 000	47 000
Operating Profit	165 000	133 000	−65 000	−47 000
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	165 000	133 000	−64 000	−47 000

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	45 000	63 000	38 000	2 000
Fixtures	0	0	0	0
Total Tangible Assets	45 000	63 000	38 000	2 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	45 000	63 000	38 000	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	481 000	274 000	140 000	231 000
Total Current Assets	508 000	290 000	140 000	241 000
Total Assets	553 000	352 000	178 000	242 000
Total Equity	439 000	273 000	140 000	205 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	34 000	0	0
Dividends	0	0	0	0
Other Current Debt	114 000	45 000	37 000	37 000
Total Current Debt	114 000	79 000	37 000	37 000
Total Equity and Debt	553 000	352 000	178 000	242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,59 %	48,72 %	−45,71 %	−22,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	56,7 %	66,83 %	-	-
Current Ratio	4,46	3,67	3,78	6,51
Quick Ratio	4,46	3,67	3,78	6,51
Equity Ratio	0,79	0,78	0,79	0,85
Gross Profit Margin	100 %	100 %	-	-