GEILANE Q AS

6823 SANDANE

Finances

Share Ownership

Return on Equity

7,71 %

Current Ratio

4,21

Debt-to-Equity Ratio

−5,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	432 000	348 000	344 000	332 000
Net Income	−46 000	−153 000	−269 000	−370 000
Total Assets	3 091 000	2 895 000	3 150 000	4 159 000
Total Equity	−597 000	−976 000	−841 000	−598 000

Income (NOK)	2022	2021	2020	2019
Revenue	432 000	348 000	344 000	332 000
Expenditure	383 000	370 000	464 000	582 000
Operating Profit	50 000	−22 000	−119 000	−250 000
Financial Income	7 000	6 000	12 000	13 000
Financial Costs	178 000	143 000	169 000	214 000
Financial Balance	−171 000	−137 000	−157 000	−201 000
Earnings Before Tax	−122 000	−158 000	−276 000	−451 000
Tax	−76 000	−5 000	−7 000	−81 000
Net Income	−46 000	−153 000	−269 000	−370 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 556 000	2 818 000	3 097 000	3 452 000
Total Current Assets	535 000	77 000	53 000	707 000
Total Assets	3 091 000	2 895 000	3 150 000	4 159 000
Total Retained Equity	−4 625 000	−4 580 000	−4 427 000	−4 158 000
Total Equity	−597 000	−976 000	−841 000	−598 000
Total Long-Term Debt	3 562 000	3 803 000	3 927 000	4 444 000
Total Current Debt	127 000	68 000	64 000	313 000
Total Equity and Debt	3 091 000	2 895 000	3 150 000	4 159 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	432 000	348 000	344 000	332 000
Revenue	432 000	348 000	344 000	332 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	262 000	279 000	396 000	486 000
Impairment	0	0	0	0
Expenditure	383 000	370 000	464 000	582 000
Operating Profit	50 000	−22 000	−119 000	−250 000
Financial Income	7 000	6 000	12 000	13 000
Financial Costs	178 000	143 000	169 000	214 000
Financial Balance	−171 000	−137 000	−157 000	−201 000
Dividends	0	0	0	0
Net Income	−46 000	−153 000	−269 000	−370 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 538 000	2 753 000	2 967 000	3 293 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	65 000	130 000	160 000
Total Tangible Assets	2 556 000	2 818 000	3 097 000	3 452 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 556 000	2 818 000	3 097 000	3 452 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	22 000	20 000	7 000
Total Current Assets	535 000	77 000	53 000	707 000
Total Assets	3 091 000	2 895 000	3 150 000	4 159 000
Total Equity	−597 000	−976 000	−841 000	−598 000
Short-Term Group Debt	34 000	12 000	45 000	211 000
Total Long-Term Debt	3 562 000	3 803 000	3 927 000	4 444 000
Creditors	36 000	33 000	2 000	2 000
Unpaid Taxes	16 000	16 000	11 000	6 000
Dividends	0	0	0	0
Other Current Debt	41 000	7 000	7 000	21 000
Total Current Debt	127 000	68 000	64 000	313 000
Total Equity and Debt	3 091 000	2 895 000	3 150 000	4 159 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,71 %	15,68 %	31,99 %	61,87 %
Debt-to-Equity Ratio	−5,97	−3,9	−4,67	−7,43
Operating Profit Margin	11,57 %	−6,32 %	−34,59 %	−75,3 %
Current Ratio	4,21	1,13	0,83	2,26
Quick Ratio	4,21	1,13	0,83	2,26
Equity Ratio	−0,19	−0,34	−0,27	−0,14
Gross Profit Margin	100 %	100 %	100 %	100 %