GEIR VÅGEN AS

6630 TINGVOLL

Finances

Share Ownership

Return on Equity

32,93 %

Current Ratio

3,7

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 019 000	10 547 000	12 696 000	12 060 000
Net Income	1 698 000	−571 000	645 000	−50 000
Total Assets	6 959 000	7 491 000	7 662 000	5 816 000
Total Equity	5 157 000	3 659 000	4 230 000	3 585 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 019 000	10 547 000	12 696 000	12 060 000
Expenditure	10 888 000	11 192 000	11 840 000	12 087 000
Operating Profit	2 131 000	−646 000	855 000	−28 000
Financial Income	32 000	34 000	32 000	7 000
Financial Costs	51 000	55 000	59 000	37 000
Financial Balance	−19 000	−21 000	−27 000	−30 000
Earnings Before Tax	2 112 000	−667 000	827 000	−58 000
Tax	414 000	−96 000	182 000	−7 000
Net Income	1 698 000	−571 000	645 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 688 000	1 696 000	2 083 000	1 289 000
Total Current Assets	5 271 000	5 795 000	5 579 000	4 527 000
Total Assets	6 959 000	7 491 000	7 662 000	5 816 000
Total Retained Equity	5 047 000	3 549 000	4 120 000	3 475 000
Total Equity	5 157 000	3 659 000	4 230 000	3 585 000
Total Long-Term Debt	376 000	484 000	816 000	265 000
Total Current Debt	1 426 000	3 348 000	2 616 000	1 966 000
Total Equity and Debt	6 959 000	7 491 000	7 662 000	5 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 019 000	10 547 000	12 343 000	12 060 000
Other Income	0	0	353 000	0
Revenue	13 019 000	10 547 000	12 696 000	12 060 000
Cost of Goods Sold	4 444 000	1 712 000	2 476 000	2 014 000
Salary Costs	2 340 000	3 380 000	3 176 000	3 674 000
Depreciation	327 000	309 000	424 000	550 000
Impairment	0	0	0	0
Expenditure	10 888 000	11 192 000	11 840 000	12 087 000
Operating Profit	2 131 000	−646 000	855 000	−28 000
Financial Income	32 000	34 000	32 000	7 000
Financial Costs	51 000	55 000	59 000	37 000
Financial Balance	−19 000	−21 000	−27 000	−30 000
Dividends	200 000	0	0	200 000
Net Income	1 698 000	−571 000	645 000	−50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	62 000	15 000	15 000	15 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 626 000	1 681 000	2 068 000	1 274 000
Total Tangible Assets	1 688 000	1 696 000	2 083 000	1 289 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 688 000	1 696 000	2 083 000	1 289 000
Stock	300 000	350 000	350 000	100 000
Total Investments	0	0	0	0
Cash, Bank	4 112 000	1 276 000	3 168 000	1 719 000
Total Current Assets	5 271 000	5 795 000	5 579 000	4 527 000
Total Assets	6 959 000	7 491 000	7 662 000	5 816 000
Total Equity	5 157 000	3 659 000	4 230 000	3 585 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	376 000	484 000	816 000	265 000
Creditors	503 000	1 125 000	1 206 000	681 000
Unpaid Taxes	391 000	478 000	709 000	734 000
Dividends	200 000	0	0	200 000
Other Current Debt	189 000	1 745 000	592 000	487 000
Total Current Debt	1 426 000	3 348 000	2 616 000	1 966 000
Total Equity and Debt	6 959 000	7 491 000	7 662 000	5 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,93 %	−15,61 %	15,25 %	−1,39 %
Debt-to-Equity Ratio	0,07	0,13	0,19	0,07
Operating Profit Margin	16,37 %	−6,12 %	6,73 %	−0,23 %
Current Ratio	3,7	1,73	2,13	2,3
Quick Ratio	4,68	1,93	2,46	2,43
Equity Ratio	0,74	0,49	0,55	0,62
Gross Profit Margin	65,87 %	83,77 %	80,5 %	83,3 %