CETI AS

9019 TROMSØ

Finances

Share Ownership

Return on Equity

104,16 %

Current Ratio

3,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 676 000	1 203 000	376 000	305 000
Net Income	626 000	−114 000	32 000	77 000
Total Assets	784 000	346 000	204 000	104 000
Total Equity	601 000	−24 000	90 000	131 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 676 000	1 203 000	376 000	305 000
Expenditure	1 981 000	1 314 000	344 000	223 000
Operating Profit	695 000	−112 000	32 000	82 000
Financial Income	0	0	0	0
Financial Costs	32 000	2 000	0	4 000
Financial Balance	−32 000	−2 000	0	−4 000
Earnings Before Tax	663 000	−114 000	32 000	79 000
Tax	37 000	0	0	2 000
Net Income	626 000	−114 000	32 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	168 000	422 000	198 000	53 000
Total Current Assets	616 000	−76 000	6 000	52 000
Total Assets	784 000	346 000	204 000	104 000
Total Retained Equity	556 000	−62 000	52 000	92 000
Total Equity	601 000	−24 000	90 000	131 000
Total Long-Term Debt	0	145 000	0	0
Total Current Debt	183 000	225 000	115 000	−27 000
Total Equity and Debt	784 000	346 000	204 000	104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 877 000	1 202 000	375 000	305 000
Other Income	−201 000	0	1 000	0
Revenue	2 676 000	1 203 000	376 000	305 000
Cost of Goods Sold	620 000	320 000	40 000	0
Salary Costs	385 000	33 000	5 000	0
Depreciation	156 000	85 000	38 000	2 000
Impairment	50 000	0	0	0
Expenditure	1 981 000	1 314 000	344 000	223 000
Operating Profit	695 000	−112 000	32 000	82 000
Financial Income	0	0	0	0
Financial Costs	32 000	2 000	0	4 000
Financial Balance	−32 000	−2 000	0	−4 000
Dividends	0	0	0	0
Net Income	626 000	−114 000	32 000	77 000

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	38 000	0	0
Fixtures	119 000	335 000	150 000	4 000
Total Tangible Assets	119 000	373 000	150 000	4 000
Total Fiancial Fixed Assets	49 000	49 000	49 000	49 000
Total Fixed Assets	168 000	422 000	198 000	53 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	205 000	22 000	0	66 000
Total Current Assets	616 000	−76 000	6 000	52 000
Total Assets	784 000	346 000	204 000	104 000
Total Equity	601 000	−24 000	90 000	131 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	145 000	0	0
Creditors	70 000	157 000	79 000	1 000
Unpaid Taxes	83 000	17 000	−3 000	−33 000
Dividends	0	0	0	0
Other Current Debt	30 000	88 000	52 000	0
Total Current Debt	183 000	225 000	115 000	−27 000
Total Equity and Debt	784 000	346 000	204 000	104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	104,16 %	475 %	35,56 %	58,78 %
Debt-to-Equity Ratio	0	−6,04	0	0
Operating Profit Margin	25,97 %	−9,31 %	8,51 %	26,89 %
Current Ratio	3,37	−0,34	0,05	−1,93
Quick Ratio	3,37	−0,34	0,05	−1,93
Equity Ratio	0,77	−0,07	0,44	1,26
Gross Profit Margin	76,83 %	73,4 %	89,36 %	100 %