GEO VESSELS AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

13,32 %

Current Ratio

0,25

Debt-to-Equity Ratio

1,94

Key figures (USD)	2022	2021	2020	2019
Revenue	34 828 000	33 814 000	32 620 000	18 264 000
Net Income	5 014 000	4 718 000	−805 000	−71 019 000
Total Assets	151 739 000	176 769 000	200 863 000	159 821 000
Total Equity	37 644 000	17 766 000	−15 054 000	−14 249 000

Income (USD)	2022	2021	2020	2019
Revenue	34 828 000	33 814 000	32 620 000	18 264 000
Expenditure	23 710 000	23 755 000	24 390 000	78 844 000
Operating Profit	11 118 000	10 059 000	8 231 000	−60 580 000
Financial Income	173 000	−9 000	40 000	167 000
Financial Costs	6 275 000	5 332 000	9 076 000	10 606 000
Financial Balance	−6 102 000	−5 341 000	−9 036 000	−10 439 000
Earnings Before Tax	5 016 000	4 718 000	−805 000	−71 019 000
Tax	2 000	0	0	0
Net Income	5 014 000	4 718 000	−805 000	−71 019 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	141 309 000	165 047 000	189 883 000	152 428 000
Total Current Assets	10 431 000	11 722 000	10 981 000	7 393 000
Total Assets	151 739 000	176 769 000	200 863 000	159 821 000
Total Retained Equity	−134 098 000	−139 112 000	−143 831 000	−143 026 000
Total Equity	37 644 000	17 766 000	−15 054 000	−14 249 000
Total Long-Term Debt	72 952 000	119 682 000	180 832 000	165 940 000
Total Current Debt	41 143 000	39 321 000	35 086 000	8 130 000
Total Equity and Debt	151 739 000	176 769 000	200 863 000	159 821 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	34 828 000	33 814 000	32 620 000	18 264 000
Other Income	0	0	0	0
Revenue	34 828 000	33 814 000	32 620 000	18 264 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	23 738 000	23 836 000	24 055 000	18 390 000
Impairment	0	0	0	59 070 000
Expenditure	23 710 000	23 755 000	24 390 000	78 844 000
Operating Profit	11 118 000	10 059 000	8 231 000	−60 580 000
Financial Income	173 000	−9 000	40 000	167 000
Financial Costs	6 275 000	5 332 000	9 076 000	10 606 000
Financial Balance	−6 102 000	−5 341 000	−9 036 000	−10 439 000
Dividends	0	0	0	0
Net Income	5 014 000	4 718 000	−805 000	−71 019 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 604 000	36 906 000	49 208 000	0
Total Tangible Assets	141 309 000	165 047 000	189 883 000	152 428 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	141 309 000	165 047 000	189 883 000	152 428 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 447 000	11 477 000	10 511 000	6 460 000
Total Current Assets	10 431 000	11 722 000	10 981 000	7 393 000
Total Assets	151 739 000	176 769 000	200 863 000	159 821 000
Total Equity	37 644 000	17 766 000	−15 054 000	−14 249 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	72 952 000	119 682 000	180 832 000	165 940 000
Creditors	−3 000	212 000	589 000	129 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	477 000	60 000	501 000
Total Current Debt	41 143 000	39 321 000	35 086 000	8 130 000
Total Equity and Debt	151 739 000	176 769 000	200 863 000	159 821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,32 %	26,56 %	5,35 %	498,41 %
Debt-to-Equity Ratio	1,94	6,74	−12,01	−11,65
Operating Profit Margin	31,92 %	29,75 %	25,23 %	−331,69 %
Current Ratio	0,25	0,3	0,31	0,91
Quick Ratio	0,25	0,3	0,31	0,91
Equity Ratio	0,25	0,1	−0,07	−0,09
Gross Profit Margin	100 %	100 %	100 %	100 %