GEIR MAGNOR OLSEN AS

8630 STORFORSHEIA

Finances

Return on Equity

14,54 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	787 000	1 084 000	819 000	816 000
Net Income	2 492 000	23 729 000	30 000	206 000
Total Assets	19 705 000	21 845 000	6 073 000	5 028 000
Total Equity	17 134 000	21 641 000	1 913 000	1 883 000

Income (NOK)	2022	2021	2020	2019
Revenue	787 000	1 084 000	819 000	816 000
Expenditure	753 000	700 000	634 000	717 000
Operating Profit	35 000	384 000	184 000	99 000
Financial Income	1 119 000	23 458 000	16 000	321 000
Financial Costs	−1 387 000	22 000	164 000	155 000
Financial Balance	2 506 000	23 436 000	−148 000	166 000
Earnings Before Tax	2 541 000	23 820 000	36 000	265 000
Tax	49 000	92 000	6 000	59 000
Net Income	2 492 000	23 729 000	30 000	206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 578 000	11 744 000	5 445 000	4 124 000
Total Current Assets	3 128 000	10 101 000	628 000	905 000
Total Assets	19 705 000	21 845 000	6 073 000	5 028 000
Total Retained Equity	17 030 000	21 537 000	1 809 000	1 779 000
Total Equity	17 134 000	21 641 000	1 913 000	1 883 000
Total Long-Term Debt	27 000	102 000	3 852 000	2 981 000
Total Current Debt	2 545 000	102 000	308 000	164 000
Total Equity and Debt	19 705 000	21 845 000	6 073 000	5 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	662 000	1 084 000	819 000	816 000
Other Income	125 000	0	0	0
Revenue	787 000	1 084 000	819 000	816 000
Cost of Goods Sold	0	7 000	0	0
Salary Costs	282 000	313 000	296 000	320 000
Depreciation	7 000	35 000	36 000	33 000
Impairment	0	0	0	0
Expenditure	753 000	700 000	634 000	717 000
Operating Profit	35 000	384 000	184 000	99 000
Financial Income	1 119 000	23 458 000	16 000	321 000
Financial Costs	−1 387 000	22 000	164 000	155 000
Financial Balance	2 506 000	23 436 000	−148 000	166 000
Dividends	1 000 000	0	0	0
Net Income	2 492 000	23 729 000	30 000	206 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	1 262 000	1 119 000	12 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	108 000	141 000	177 000
Total Tangible Assets	23 000	1 370 000	1 260 000	188 000
Total Fiancial Fixed Assets	16 555 000	10 374 000	4 184 000	3 936 000
Total Fixed Assets	16 578 000	11 744 000	5 445 000	4 124 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 445 000	1 592 000	23 000	343 000
Total Current Assets	3 128 000	10 101 000	628 000	905 000
Total Assets	19 705 000	21 845 000	6 073 000	5 028 000
Total Equity	17 134 000	21 641 000	1 913 000	1 883 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 000	102 000	3 852 000	2 981 000
Creditors	1 040 000	26 000	20 000	35 000
Unpaid Taxes	47 000	39 000	26 000	28 000
Dividends	1 000 000	0	0	0
Other Current Debt	26 000	38 000	137 000	42 000
Total Current Debt	2 545 000	102 000	308 000	164 000
Total Equity and Debt	19 705 000	21 845 000	6 073 000	5 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,54 %	109,65 %	1,57 %	10,94 %
Debt-to-Equity Ratio	0	0	2,01	1,58
Operating Profit Margin	4,45 %	35,42 %	22,47 %	12,13 %
Current Ratio	1,23	99,03	2,04	5,52
Quick Ratio	1,23	99,03	2,04	5,52
Equity Ratio	0,87	0,99	0,32	0,37
Gross Profit Margin	100 %	99,35 %	100 %	100 %