GEONORD AS

9515 ALTA

Finances

Return on Equity

−50,68 %

Current Ratio

1,04

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 967 000	20 701 000	18 965 000	19 012 000
Net Income	−1 565 000	597 000	84 000	262 000
Total Assets	10 002 000	9 788 000	7 866 000	8 512 000
Total Equity	3 088 000	4 652 000	4 056 000	4 103 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 967 000	20 701 000	18 965 000	19 012 000
Expenditure	28 938 000	19 874 000	18 909 000	18 628 000
Operating Profit	−1 970 000	828 000	56 000	384 000
Financial Income	55 000	19 000	6 000	3 000
Financial Costs	91 000	75 000	44 000	51 000
Financial Balance	−36 000	−56 000	−38 000	−48 000
Earnings Before Tax	−2 006 000	772 000	18 000	336 000
Tax	−441 000	175 000	−67 000	74 000
Net Income	−1 565 000	597 000	84 000	262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 217 000	2 742 000	2 325 000	2 548 000
Total Current Assets	6 786 000	7 046 000	5 542 000	5 964 000
Total Assets	10 002 000	9 788 000	7 866 000	8 512 000
Total Retained Equity	1 700 000	3 265 000	2 668 000	2 715 000
Total Equity	3 088 000	4 652 000	4 056 000	4 103 000
Total Long-Term Debt	390 000	574 000	756 000	897 000
Total Current Debt	6 525 000	4 562 000	3 054 000	3 512 000
Total Equity and Debt	10 002 000	9 788 000	7 866 000	8 512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 966 000	20 666 000	18 348 000	18 766 000
Other Income	1 000	35 000	617 000	246 000
Revenue	26 967 000	20 701 000	18 965 000	19 012 000
Cost of Goods Sold	4 074 000	2 508 000	4 699 000	4 898 000
Salary Costs	14 241 000	9 486 000	7 228 000	8 371 000
Depreciation	1 966 000	1 471 000	1 512 000	573 000
Impairment	0	0	0	0
Expenditure	28 938 000	19 874 000	18 909 000	18 628 000
Operating Profit	−1 970 000	828 000	56 000	384 000
Financial Income	55 000	19 000	6 000	3 000
Financial Costs	91 000	75 000	44 000	51 000
Financial Balance	−36 000	−56 000	−38 000	−48 000
Dividends	0	0	0	0
Net Income	−1 565 000	597 000	84 000	262 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	733 000	292 000	166 000	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	229 000	305 000	383 000	458 000
Fixtures	2 201 000	2 135 000	1 745 000	2 010 000
Total Tangible Assets	2 430 000	2 440 000	2 129 000	2 468 000
Total Fiancial Fixed Assets	10 000	10 000	30 000	63 000
Total Fixed Assets	3 217 000	2 742 000	2 325 000	2 548 000
Stock	1 229 000	939 000	768 000	313 000
Total Investments	0	0	0	0
Cash, Bank	218 000	2 334 000	1 410 000	2 602 000
Total Current Assets	6 786 000	7 046 000	5 542 000	5 964 000
Total Assets	10 002 000	9 788 000	7 866 000	8 512 000
Total Equity	3 088 000	4 652 000	4 056 000	4 103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	390 000	574 000	756 000	897 000
Creditors	1 780 000	533 000	394 000	857 000
Unpaid Taxes	1 489 000	1 438 000	956 000	1 242 000
Dividends	0	0	0	0
Other Current Debt	3 255 000	2 290 000	1 622 000	1 392 000
Total Current Debt	6 525 000	4 562 000	3 054 000	3 512 000
Total Equity and Debt	10 002 000	9 788 000	7 866 000	8 512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−50,68 %	12,83 %	2,07 %	6,39 %
Debt-to-Equity Ratio	0,13	0,12	0,19	0,22
Operating Profit Margin	−7,31 %	4 %	0,3 %	2,02 %
Current Ratio	1,04	1,54	1,81	1,7
Quick Ratio	1,28	1,94	2,42	1,86
Equity Ratio	0,31	0,48	0,52	0,48
Gross Profit Margin	84,89 %	87,88 %	75,22 %	74,24 %