GERO AS

7045 TRONDHEIM

Finances

Return on Equity

0,87 %

Current Ratio

24,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 699 000	2 020 000	1 910 000
Net Income	32 000	1 685 000	850 000	746 000
Total Assets	3 822 000	4 066 000	2 454 000	1 572 000
Total Equity	3 686 000	3 654 000	1 969 000	1 119 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 699 000	2 020 000	1 910 000
Expenditure	950 000	1 086 000	943 000	964 000
Operating Profit	−949 000	612 000	1 076 000	946 000
Financial Income	1 105 000	1 344 000	13 000	11 000
Financial Costs	125 000	128 000	2 000	0
Financial Balance	980 000	1 216 000	11 000	11 000
Earnings Before Tax	30 000	1 828 000	1 087 000	957 000
Tax	−2 000	142 000	238 000	211 000
Net Income	32 000	1 685 000	850 000	746 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	518 000	518 000	0	0
Total Current Assets	3 304 000	3 548 000	2 454 000	1 572 000
Total Assets	3 822 000	4 066 000	2 454 000	1 572 000
Total Retained Equity	3 596 000	3 564 000	1 879 000	1 019 000
Total Equity	3 686 000	3 654 000	1 969 000	1 119 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	136 000	412 000	485 000	453 000
Total Equity and Debt	3 822 000	4 066 000	2 454 000	1 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 699 000	2 020 000	1 910 000
Other Income	0	0	0	0
Revenue	0	1 699 000	2 020 000	1 910 000
Cost of Goods Sold	0	0	0	0
Salary Costs	915 000	1 036 000	919 000	925 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	950 000	1 086 000	943 000	964 000
Operating Profit	−949 000	612 000	1 076 000	946 000
Financial Income	1 105 000	1 344 000	13 000	11 000
Financial Costs	125 000	128 000	2 000	0
Financial Balance	980 000	1 216 000	11 000	11 000
Dividends	0	0	0	0
Net Income	32 000	1 685 000	850 000	746 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	518 000	518 000	0	0
Total Fixed Assets	518 000	518 000	0	0
Stock	0	0	0	0
Total Investments	3 204 000	1 671 000	1 205 000	208 000
Cash, Bank	80 000	1 735 000	1 080 000	1 039 000
Total Current Assets	3 304 000	3 548 000	2 454 000	1 572 000
Total Assets	3 822 000	4 066 000	2 454 000	1 572 000
Total Equity	3 686 000	3 654 000	1 969 000	1 119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	0
Unpaid Taxes	36 000	165 000	142 000	142 000
Dividends	0	0	0	0
Other Current Debt	98 000	110 000	104 000	101 000
Total Current Debt	136 000	412 000	485 000	453 000
Total Equity and Debt	3 822 000	4 066 000	2 454 000	1 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,87 %	46,11 %	43,17 %	66,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	36,02 %	53,27 %	49,53 %
Current Ratio	24,29	8,61	5,06	3,47
Quick Ratio	24,29	8,61	5,06	3,47
Equity Ratio	0,96	0,9	0,8	0,71
Gross Profit Margin	-	100 %	100 %	100 %