GEIRANGER TURBUSS AS

6216 GEIRANGER

Finances

Return on Equity

74,76 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 568 000	7 638 000	4 159 000	14 364 000
Net Income	1 662 000	−903 000	−1 188 000	776 000
Total Assets	10 975 000	10 551 000	11 514 000	6 512 000
Total Equity	2 223 000	561 000	1 463 000	306 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 568 000	7 638 000	4 159 000	14 364 000
Expenditure	15 159 000	8 385 000	5 397 000	13 288 000
Operating Profit	2 410 000	−747 000	−1 238 000	1 076 000
Financial Income	3 000	0	2 000	2 000
Financial Costs	397 000	295 000	287 000	230 000
Financial Balance	−394 000	−295 000	−285 000	−228 000
Earnings Before Tax	2 015 000	−1 042 000	−1 523 000	848 000
Tax	354 000	−139 000	−335 000	73 000
Net Income	1 662 000	−903 000	−1 188 000	776 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 882 000	8 622 000	8 491 000	2 744 000
Total Current Assets	4 093 000	1 929 000	3 023 000	3 768 000
Total Assets	10 975 000	10 551 000	11 514 000	6 512 000
Total Retained Equity	1 833 000	171 000	1 073 000	−84 000
Total Equity	2 223 000	561 000	1 463 000	306 000
Total Long-Term Debt	6 680 000	8 447 000	9 127 000	4 525 000
Total Current Debt	2 072 000	1 543 000	923 000	1 681 000
Total Equity and Debt	10 975 000	10 551 000	11 514 000	6 512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 852 000	6 572 000	2 874 000	14 293 000
Other Income	1 717 000	1 066 000	1 285 000	71 000
Revenue	17 568 000	7 638 000	4 159 000	14 364 000
Cost of Goods Sold	3 789 000	1 554 000	1 004 000	4 646 000
Salary Costs	3 709 000	1 619 000	947 000	2 553 000
Depreciation	727 000	823 000	680 000	396 000
Impairment	0	0	0	0
Expenditure	15 159 000	8 385 000	5 397 000	13 288 000
Operating Profit	2 410 000	−747 000	−1 238 000	1 076 000
Financial Income	3 000	0	2 000	2 000
Financial Costs	397 000	295 000	287 000	230 000
Financial Balance	−394 000	−295 000	−285 000	−228 000
Dividends	0	0	0	0
Net Income	1 662 000	−903 000	−1 188 000	776 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 381 000	2 411 000	2 459 000	10 000
Machinery and Plant Facilities	8 000	18 000	28 000	46 000
Fixtures	4 459 000	6 104 000	5 861 000	2 488 000
Total Tangible Assets	6 847 000	8 533 000	8 348 000	2 544 000
Total Fiancial Fixed Assets	35 000	90 000	143 000	200 000
Total Fixed Assets	6 882 000	8 622 000	8 491 000	2 744 000
Stock	0	0	0	292 000
Total Investments	0	0	0	0
Cash, Bank	2 921 000	816 000	1 641 000	2 541 000
Total Current Assets	4 093 000	1 929 000	3 023 000	3 768 000
Total Assets	10 975 000	10 551 000	11 514 000	6 512 000
Total Equity	2 223 000	561 000	1 463 000	306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 680 000	8 447 000	9 127 000	4 525 000
Creditors	292 000	426 000	192 000	687 000
Unpaid Taxes	164 000	134 000	42 000	152 000
Dividends	0	0	0	0
Other Current Debt	1 616 000	917 000	690 000	730 000
Total Current Debt	2 072 000	1 543 000	923 000	1 681 000
Total Equity and Debt	10 975 000	10 551 000	11 514 000	6 512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,76 %	−160,96 %	−81,2 %	253,59 %
Debt-to-Equity Ratio	3	15,06	6,24	14,79
Operating Profit Margin	13,72 %	−9,78 %	−29,77 %	7,49 %
Current Ratio	1,98	1,25	3,28	2,24
Quick Ratio	1,98	1,25	3,28	2,71
Equity Ratio	0,2	0,05	0,13	0,05
Gross Profit Margin	78,43 %	79,65 %	75,86 %	67,66 %