GEIR FØRDE MASKIN AS

6727 BREMANGER

Finances

Share Ownership

Return on Equity

14,12 %

Current Ratio

2,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 137 000	5 567 000	5 112 000	4 418 000
Net Income	633 000	48 000	488 000	−84 000
Total Assets	6 414 000	5 194 000	4 869 000	4 436 000
Total Equity	4 483 000	3 851 000	3 803 000	3 314 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 137 000	5 567 000	5 112 000	4 418 000
Expenditure	6 427 000	5 523 000	4 568 000	4 522 000
Operating Profit	710 000	44 000	545 000	−105 000
Financial Income	15 000	12 000	18 000	26 000
Financial Costs	10 000	8 000	9 000	5 000
Financial Balance	5 000	4 000	9 000	21 000
Earnings Before Tax	715 000	48 000	553 000	−84 000
Tax	82 000	0	65 000	0
Net Income	633 000	48 000	488 000	−84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 344 000	540 000	602 000	854 000
Total Current Assets	5 070 000	4 653 000	4 268 000	3 582 000
Total Assets	6 414 000	5 194 000	4 869 000	4 436 000
Total Retained Equity	4 373 000	3 741 000	3 693 000	3 204 000
Total Equity	4 483 000	3 851 000	3 803 000	3 314 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 931 000	1 343 000	1 067 000	1 121 000
Total Equity and Debt	6 414 000	5 194 000	4 869 000	4 436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 137 000	5 567 000	5 112 000	4 418 000
Other Income	0	0	0	0
Revenue	7 137 000	5 567 000	5 112 000	4 418 000
Cost of Goods Sold	1 577 000	1 209 000	761 000	401 000
Salary Costs	3 017 000	2 736 000	2 454 000	2 340 000
Depreciation	121 000	61 000	294 000	381 000
Impairment	0	0	0	0
Expenditure	6 427 000	5 523 000	4 568 000	4 522 000
Operating Profit	710 000	44 000	545 000	−105 000
Financial Income	15 000	12 000	18 000	26 000
Financial Costs	10 000	8 000	9 000	5 000
Financial Balance	5 000	4 000	9 000	21 000
Dividends	0	0	0	0
Net Income	633 000	48 000	488 000	−84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	430 000	441 000	452 000	463 000
Machinery and Plant Facilities	805 000	60 000	75 000	284 000
Fixtures	30 000	40 000	74 000	106 000
Total Tangible Assets	1 265 000	540 000	602 000	854 000
Total Fiancial Fixed Assets	79 000	0	0	0
Total Fixed Assets	1 344 000	540 000	602 000	854 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 329 000	1 985 000	1 738 000	2 223 000
Total Current Assets	5 070 000	4 653 000	4 268 000	3 582 000
Total Assets	6 414 000	5 194 000	4 869 000	4 436 000
Total Equity	4 483 000	3 851 000	3 803 000	3 314 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	642 000	215 000	290 000	239 000
Unpaid Taxes	944 000	881 000	435 000	579 000
Dividends	0	0	0	0
Other Current Debt	263 000	247 000	277 000	304 000
Total Current Debt	1 931 000	1 343 000	1 067 000	1 121 000
Total Equity and Debt	6 414 000	5 194 000	4 869 000	4 436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,12 %	1,25 %	12,83 %	−2,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,95 %	0,79 %	10,66 %	−2,38 %
Current Ratio	2,63	3,46	4	3,2
Quick Ratio	2,63	3,46	4	3,2
Equity Ratio	0,7	0,74	0,78	0,75
Gross Profit Margin	77,9 %	78,28 %	85,11 %	90,92 %