Several projects delayed

December 2017

The annual financial statements for 2017 show for the first time a drop in revenues, which sit at 15.6 millioner kroner. The downturn is a result of delyas to the planned start-up of several projects which Cautus Geo bid on. After-tax results show a profit of 1.6 million NOK. Absences due to sickness are 19 days. The company remains with ten full-time employees.