CLIFFS COMPANY AS

0252 OSLO

Finances

Share Ownership

Return on Equity

−11,89 %

Current Ratio

49,78

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 377 000	8 445 000	6 759 000	12 257 000
Net Income	−7 660 000	4 968 000	3 655 000	9 562 000
Total Assets	66 609 000	75 970 000	69 591 000	65 815 000
Total Equity	64 402 000	72 062 000	67 094 000	63 439 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 377 000	8 445 000	6 759 000	12 257 000
Expenditure	15 900 000	968 000	1 107 000	791 000
Operating Profit	−8 523 000	7 477 000	5 652 000	11 466 000
Financial Income	106 000	0	110 000	66 000
Financial Costs	871 000	1 044 000	2 005 000	786 000
Financial Balance	−765 000	−1 044 000	−1 895 000	−720 000
Earnings Before Tax	−9 288 000	6 433 000	3 757 000	10 746 000
Tax	−1 627 000	1 464 000	102 000	1 184 000
Net Income	−7 660 000	4 968 000	3 655 000	9 562 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	66 609 000	75 970 000	69 591 000	65 815 000
Total Assets	66 609 000	75 970 000	69 591 000	65 815 000
Total Retained Equity	16 496 000	24 156 000	19 188 000	15 533 000
Total Equity	64 402 000	72 062 000	67 094 000	63 439 000
Total Long-Term Debt	870 000	2 758 000	1 410 000	1 308 000
Total Current Debt	1 338 000	1 151 000	1 087 000	1 068 000
Total Equity and Debt	66 609 000	75 970 000	69 591 000	65 815 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	7 377 000	8 445 000	6 759 000	12 257 000
Revenue	7 377 000	8 445 000	6 759 000	12 257 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	15 900 000	968 000	1 107 000	791 000
Operating Profit	−8 523 000	7 477 000	5 652 000	11 466 000
Financial Income	106 000	0	110 000	66 000
Financial Costs	871 000	1 044 000	2 005 000	786 000
Financial Balance	−765 000	−1 044 000	−1 895 000	−720 000
Dividends	0	0	0	0
Net Income	−7 660 000	4 968 000	3 655 000	9 562 000

Balance details (NOK)	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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	3 237 000	3 237 000	3 237 000	3 237 000
Total Investments	61 591 000	68 781 000	58 433 000	61 051 000
Cash, Bank	1 781 000	3 952 000	7 921 000	1 527 000
Total Current Assets	66 609 000	75 970 000	69 591 000	65 815 000
Total Assets	66 609 000	75 970 000	69 591 000	65 815 000
Total Equity	64 402 000	72 062 000	67 094 000	63 439 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	870 000	2 758 000	1 410 000	1 308 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 184 000	1 187 000	1 183 000	1 154 000
Total Current Debt	1 338 000	1 151 000	1 087 000	1 068 000
Total Equity and Debt	66 609 000	75 970 000	69 591 000	65 815 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,89 %	6,89 %	5,45 %	15,07 %
Debt-to-Equity Ratio	0,01	0,04	0,02	0,02
Operating Profit Margin	−115,53 %	88,54 %	83,62 %	93,55 %
Current Ratio	49,78	66	64,02	61,62
Quick Ratio	−35,08	−36,42	−32,37	−30,34
Equity Ratio	0,97	0,95	0,96	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %