GEIR BAKKEN AS

3274 LARVIK

Finances

Return on Equity

30,76 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	949 000	0	0
Net Income	15 440 000	5 222 000	33 463 000	7 538 000
Total Assets	51 691 000	51 117 000	47 776 000	16 546 000
Total Equity	50 203 000	50 114 000	46 792 000	14 929 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	949 000	0	0
Expenditure	337 000	1 146 000	45 000	28 000
Operating Profit	−337 000	−196 000	−45 000	−28 000
Financial Income	18 795 000	6 397 000	34 743 000	9 600 000
Financial Costs	3 018 000	973 000	1 015 000	2 009 000
Financial Balance	15 777 000	5 424 000	33 728 000	7 591 000
Earnings Before Tax	15 440 000	5 227 000	33 683 000	7 563 000
Tax	0	5 000	220 000	24 000
Net Income	15 440 000	5 222 000	33 463 000	7 538 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 071 000	4 931 000	4 907 000	5 142 000
Total Current Assets	47 620 000	46 186 000	42 869 000	11 404 000
Total Assets	51 691 000	51 117 000	47 776 000	16 546 000
Total Retained Equity	48 482 000	48 045 000	44 723 000	12 860 000
Total Equity	50 203 000	50 114 000	46 792 000	14 929 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 488 000	1 003 000	984 000	1 617 000
Total Equity and Debt	51 691 000	51 117 000	47 776 000	16 546 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	949 000	0	0
Revenue	0	949 000	0	0
Cost of Goods Sold	0	994 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	337 000	1 146 000	45 000	28 000
Operating Profit	−337 000	−196 000	−45 000	−28 000
Financial Income	18 795 000	6 397 000	34 743 000	9 600 000
Financial Costs	3 018 000	973 000	1 015 000	2 009 000
Financial Balance	15 777 000	5 424 000	33 728 000	7 591 000
Dividends	0	0	0	0
Net Income	15 440 000	5 222 000	33 463 000	7 538 000

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	4 071 000	4 931 000	4 907 000	5 142 000
Total Fixed Assets	4 071 000	4 931 000	4 907 000	5 142 000
Stock	0	0	0	0
Total Investments	23 239 000	15 186 000	0	0
Cash, Bank	4 506 000	28 667 000	6 231 000	3 846 000
Total Current Assets	47 620 000	46 186 000	42 869 000	11 404 000
Total Assets	51 691 000	51 117 000	47 776 000	16 546 000
Total Equity	50 203 000	50 114 000	46 792 000	14 929 000
Short-Term Group Debt	1 400 000	1 000 000	1 000 000	1 616 000
Total Long-Term Debt	0	0	0	0
Creditors	1 000	2 000	−16 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	87 000	1 000	1 000	1 000
Total Current Debt	1 488 000	1 003 000	984 000	1 617 000
Total Equity and Debt	51 691 000	51 117 000	47 776 000	16 546 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,76 %	10,42 %	71,51 %	50,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−20,65 %	-	-
Current Ratio	32	46,05	43,57	7,05
Quick Ratio	32	46,05	43,57	7,05
Equity Ratio	0,97	0,98	0,98	0,9
Gross Profit Margin	-	−4,74 %	-	-