GEIR MUSUM TRANSPORT AS

7652 VERDAL

Finances

Share Ownership

Return on Equity

10,07 %

Current Ratio

2,29

Debt-to-Equity Ratio

1,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 031 000	3 322 000	2 531 000	1 981 000
Net Income	152 000	372 000	262 000	152 000
Total Assets	3 674 000	1 820 000	1 373 000	1 082 000
Total Equity	1 510 000	1 359 000	987 000	724 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 031 000	3 322 000	2 531 000	1 981 000
Expenditure	3 807 000	2 843 000	2 192 000	1 786 000
Operating Profit	224 000	479 000	339 000	195 000
Financial Income	4 000	0	0	0
Financial Costs	34 000	2 000	1 000	1 000
Financial Balance	−30 000	−2 000	−1 000	−1 000
Earnings Before Tax	194 000	477 000	338 000	195 000
Tax	43 000	105 000	76 000	43 000
Net Income	152 000	372 000	262 000	152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 483 000	447 000	609 000	794 000
Total Current Assets	1 191 000	1 373 000	764 000	289 000
Total Assets	3 674 000	1 820 000	1 373 000	1 082 000
Total Retained Equity	1 460 000	1 309 000	937 000	674 000
Total Equity	1 510 000	1 359 000	987 000	724 000
Total Long-Term Debt	1 645 000	0	0	0
Total Current Debt	519 000	461 000	386 000	358 000
Total Equity and Debt	3 674 000	1 820 000	1 373 000	1 082 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 031 000	3 250 000	2 531 000	1 981 000
Other Income	0	72 000	0	0
Revenue	4 031 000	3 322 000	2 531 000	1 981 000
Cost of Goods Sold	2 000	0	12 000	3 000
Salary Costs	1 064 000	1 006 000	733 000	533 000
Depreciation	226 000	215 000	214 000	110 000
Impairment	0	0	0	0
Expenditure	3 807 000	2 843 000	2 192 000	1 786 000
Operating Profit	224 000	479 000	339 000	195 000
Financial Income	4 000	0	0	0
Financial Costs	34 000	2 000	1 000	1 000
Financial Balance	−30 000	−2 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	152 000	372 000	262 000	152 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	55 000	39 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	42 000	76 000	177 000	232 000
Fixtures	2 400 000	315 000	393 000	551 000
Total Tangible Assets	2 442 000	392 000	570 000	783 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 483 000	447 000	609 000	794 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	563 000	883 000	377 000	55 000
Total Current Assets	1 191 000	1 373 000	764 000	289 000
Total Assets	3 674 000	1 820 000	1 373 000	1 082 000
Total Equity	1 510 000	1 359 000	987 000	724 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 645 000	0	0	0
Creditors	215 000	101 000	111 000	49 000
Unpaid Taxes	129 000	134 000	89 000	56 000
Dividends	0	0	0	0
Other Current Debt	147 000	106 000	82 000	206 000
Total Current Debt	519 000	461 000	386 000	358 000
Total Equity and Debt	3 674 000	1 820 000	1 373 000	1 082 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,07 %	27,37 %	26,55 %	20,99 %
Debt-to-Equity Ratio	1,09	0	0	0
Operating Profit Margin	5,56 %	14,42 %	13,39 %	9,84 %
Current Ratio	2,29	2,98	1,98	0,81
Quick Ratio	2,29	2,98	1,98	0,81
Equity Ratio	0,41	0,75	0,72	0,67
Gross Profit Margin	99,95 %	100 %	99,53 %	99,85 %