GEOLOFOTEN AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

13,93 %

Current Ratio

2,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 093 000	4 840 000	5 019 000	4 154 000
Net Income	258 000	153 000	537 000	140 000
Total Assets	2 867 000	2 645 000	2 938 000	2 448 000
Total Equity	1 852 000	1 594 000	1 441 000	1 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 093 000	4 840 000	5 019 000	4 154 000
Expenditure	5 753 000	4 646 000	4 332 000	3 981 000
Operating Profit	341 000	193 000	687 000	174 000
Financial Income	7 000	3 000	2 000	7 000
Financial Costs	0	0	0	0
Financial Balance	7 000	3 000	2 000	7 000
Earnings Before Tax	348 000	196 000	689 000	180 000
Tax	90 000	43 000	152 000	40 000
Net Income	258 000	153 000	537 000	140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	486 000	355 000	420 000	449 000
Total Current Assets	2 381 000	2 290 000	2 518 000	1 999 000
Total Assets	2 867 000	2 645 000	2 938 000	2 448 000
Total Retained Equity	1 351 000	1 093 000	939 000	902 000
Total Equity	1 852 000	1 594 000	1 441 000	1 404 000
Total Long-Term Debt	0	8 000	14 000	0
Total Current Debt	1 015 000	1 042 000	1 483 000	1 044 000
Total Equity and Debt	2 867 000	2 645 000	2 938 000	2 448 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 093 000	4 840 000	4 952 000	4 154 000
Other Income	0	0	66 000	0
Revenue	6 093 000	4 840 000	5 019 000	4 154 000
Cost of Goods Sold	406 000	182 000	390 000	134 000
Salary Costs	3 251 000	2 793 000	2 325 000	2 274 000
Depreciation	194 000	88 000	101 000	128 000
Impairment	0	0	0	0
Expenditure	5 753 000	4 646 000	4 332 000	3 981 000
Operating Profit	341 000	193 000	687 000	174 000
Financial Income	7 000	3 000	2 000	7 000
Financial Costs	0	0	0	0
Financial Balance	7 000	3 000	2 000	7 000
Dividends	0	0	500 000	200 000
Net Income	258 000	153 000	537 000	140 000

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	479 000	341 000	304 000	300 000
Total Tangible Assets	479 000	341 000	399 000	420 000
Total Fiancial Fixed Assets	7 000	14 000	21 000	28 000
Total Fixed Assets	486 000	355 000	420 000	449 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 627 000	1 579 000	1 769 000	1 251 000
Total Current Assets	2 381 000	2 290 000	2 518 000	1 999 000
Total Assets	2 867 000	2 645 000	2 938 000	2 448 000
Total Equity	1 852 000	1 594 000	1 441 000	1 404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	8 000	14 000	0
Creditors	179 000	195 000	105 000	125 000
Unpaid Taxes	355 000	383 000	225 000	228 000
Dividends	0	0	500 000	200 000
Other Current Debt	382 000	414 000	516 000	447 000
Total Current Debt	1 015 000	1 042 000	1 483 000	1 044 000
Total Equity and Debt	2 867 000	2 645 000	2 938 000	2 448 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,93 %	9,6 %	37,27 %	9,97 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	5,6 %	3,99 %	13,69 %	4,19 %
Current Ratio	2,35	2,2	1,7	1,91
Quick Ratio	2,35	2,2	1,7	1,91
Equity Ratio	0,65	0,6	0,49	0,57
Gross Profit Margin	93,34 %	96,24 %	92,23 %	96,77 %