GEILANE AS

6012 ÅLESUND

Finances

Share Ownership

Return on Equity

19,56 %

Current Ratio

1,5

Debt-to-Equity Ratio

2,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 082 000	1 028 000	1 038 000	979 000
Net Income	346 000	300 000	230 000	223 000
Total Assets	6 121 000	6 359 000	6 415 000	6 532 000
Total Equity	1 769 000	1 423 000	1 123 000	893 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 082 000	1 028 000	1 038 000	979 000
Expenditure	459 000	459 000	480 000	466 000
Operating Profit	624 000	569 000	559 000	512 000
Financial Income	0	2 000	1 000	2 000
Financial Costs	181 000	187 000	266 000	228 000
Financial Balance	−181 000	−185 000	−265 000	−226 000
Earnings Before Tax	443 000	385 000	294 000	286 000
Tax	98 000	85 000	65 000	63 000
Net Income	346 000	300 000	230 000	223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 936 000	6 099 000	6 262 000	6 425 000
Total Current Assets	185 000	260 000	153 000	107 000
Total Assets	6 121 000	6 359 000	6 415 000	6 532 000
Total Retained Equity	1 669 000	1 323 000	1 023 000	793 000
Total Equity	1 769 000	1 423 000	1 123 000	893 000
Total Long-Term Debt	4 230 000	4 854 000	5 245 000	5 597 000
Total Current Debt	123 000	83 000	48 000	42 000
Total Equity and Debt	6 121 000	6 359 000	6 415 000	6 532 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 082 000	1 028 000	1 038 000	979 000
Revenue	1 082 000	1 028 000	1 038 000	979 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	163 000	163 000	163 000	163 000
Impairment	0	0	0	0
Expenditure	459 000	459 000	480 000	466 000
Operating Profit	624 000	569 000	559 000	512 000
Financial Income	0	2 000	1 000	2 000
Financial Costs	181 000	187 000	266 000	228 000
Financial Balance	−181 000	−185 000	−265 000	−226 000
Dividends	0	0	0	0
Net Income	346 000	300 000	230 000	223 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 936 000	6 099 000	6 262 000	6 425 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 936 000	6 099 000	6 262 000	6 425 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 936 000	6 099 000	6 262 000	6 425 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	177 000	238 000	119 000	100 000
Total Current Assets	185 000	260 000	153 000	107 000
Total Assets	6 121 000	6 359 000	6 415 000	6 532 000
Total Equity	1 769 000	1 423 000	1 123 000	893 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 230 000	4 854 000	5 245 000	5 597 000
Creditors	1 000	0	5 000	1 000
Unpaid Taxes	39 000	30 000	39 000	40 000
Dividends	0	0	0	0
Other Current Debt	2 000	3 000	3 000	1 000
Total Current Debt	123 000	83 000	48 000	42 000
Total Equity and Debt	6 121 000	6 359 000	6 415 000	6 532 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,56 %	21,08 %	20,48 %	24,97 %
Debt-to-Equity Ratio	2,39	3,41	4,67	6,27
Operating Profit Margin	57,67 %	55,35 %	53,85 %	52,3 %
Current Ratio	1,5	3,13	3,19	2,55
Quick Ratio	1,5	3,13	3,19	2,55
Equity Ratio	0,29	0,22	0,18	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %