KOLNES GEOSERVICE AS

4032 STAVANGER

Finances

Share Ownership

Return on Equity

28,26 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	489 000	897 000	809 000	808 000
Net Income	78 000	−107 000	137 000	−104 000
Total Assets	555 000	513 000	671 000	523 000
Total Equity	276 000	198 000	305 000	168 000

Income (NOK)	2022	2021	2020	2019
Revenue	489 000	897 000	809 000	808 000
Expenditure	408 000	998 000	661 000	889 000
Operating Profit	81 000	−102 000	149 000	−82 000
Financial Income	0	0	0	0
Financial Costs	3 000	5 000	12 000	22 000
Financial Balance	−3 000	−5 000	−12 000	−22 000
Earnings Before Tax	78 000	−107 000	137 000	−104 000
Tax	0	0	0	0
Net Income	78 000	−107 000	137 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	555 000	513 000	671 000	523 000
Total Assets	555 000	513 000	671 000	523 000
Total Retained Equity	176 000	98 000	205 000	68 000
Total Equity	276 000	198 000	305 000	168 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	279 000	315 000	366 000	354 000
Total Equity and Debt	555 000	513 000	671 000	523 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	489 000	897 000	809 000	808 000
Other Income	0	0	0	0
Revenue	489 000	897 000	809 000	808 000
Cost of Goods Sold	212 000	488 000	318 000	441 000
Salary Costs	62 000	264 000	116 000	295 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	408 000	998 000	661 000	889 000
Operating Profit	81 000	−102 000	149 000	−82 000
Financial Income	0	0	0	0
Financial Costs	3 000	5 000	12 000	22 000
Financial Balance	−3 000	−5 000	−12 000	−22 000
Dividends	0	0	0	0
Net Income	78 000	−107 000	137 000	−104 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	507 000	469 000	570 000	474 000
Total Investments	0	0	0	0
Cash, Bank	0	9 000	0	7 000
Total Current Assets	555 000	513 000	671 000	523 000
Total Assets	555 000	513 000	671 000	523 000
Total Equity	276 000	198 000	305 000	168 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	48 000	56 000	51 000	0
Unpaid Taxes	23 000	44 000	38 000	22 000
Dividends	0	0	0	0
Other Current Debt	192 000	169 000	168 000	174 000
Total Current Debt	279 000	315 000	366 000	354 000
Total Equity and Debt	555 000	513 000	671 000	523 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,26 %	−54,04 %	44,92 %	−61,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,56 %	−11,37 %	18,42 %	−10,15 %
Current Ratio	1,99	1,63	1,83	1,48
Quick Ratio	−2,43	−3,33	−3,29	−4,36
Equity Ratio	0,5	0,39	0,45	0,32
Gross Profit Margin	56,65 %	45,6 %	60,69 %	45,42 %