CINQUE MINUTI AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−5 100 %

Current Ratio

0,54

Debt-to-Equity Ratio

−109,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 507 000	6 762 000	2 491 000	0
Net Income	204 000	224 000	−269 000	−182 000
Total Assets	1 138 000	1 826 000	1 422 000	684 000
Total Equity	−4 000	−207 000	−432 000	−162 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 507 000	6 762 000	2 491 000	0
Expenditure	6 244 000	6 457 000	2 883 000	173 000
Operating Profit	264 000	305 000	−392 000	−173 000
Financial Income	0	0	0	0
Financial Costs	8 000	8 000	7 000	10 000
Financial Balance	−8 000	−8 000	−7 000	−10 000
Earnings Before Tax	255 000	298 000	−399 000	−182 000
Tax	52 000	74 000	−129 000	0
Net Income	204 000	224 000	−269 000	−182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	758 000	882 000	927 000	0
Total Current Assets	380 000	945 000	495 000	684 000
Total Assets	1 138 000	1 826 000	1 422 000	684 000
Total Retained Equity	−28 000	−232 000	−456 000	−187 000
Total Equity	−4 000	−207 000	−432 000	−162 000
Total Long-Term Debt	439 000	1 133 000	1 129 000	846 000
Total Current Debt	702 000	901 000	725 000	0
Total Equity and Debt	1 138 000	1 826 000	1 422 000	684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 507 000	6 762 000	2 491 000	0
Other Income	0	0	0	0
Revenue	6 507 000	6 762 000	2 491 000	0
Cost of Goods Sold	1 805 000	1 673 000	867 000	0
Salary Costs	3 048 000	3 365 000	1 392 000	0
Depreciation	98 000	92 000	45 000	0
Impairment	0	0	0	0
Expenditure	6 244 000	6 457 000	2 883 000	173 000
Operating Profit	264 000	305 000	−392 000	−173 000
Financial Income	0	0	0	0
Financial Costs	8 000	8 000	7 000	10 000
Financial Balance	−8 000	−8 000	−7 000	−10 000
Dividends	0	0	0	0
Net Income	204 000	224 000	−269 000	−182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	56 000	129 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	754 000	825 000	797 000	0
Total Tangible Assets	754 000	825 000	797 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	758 000	882 000	927 000	0
Stock	121 000	98 000	78 000	0
Total Investments	0	0	0	0
Cash, Bank	96 000	739 000	339 000	681 000
Total Current Assets	380 000	945 000	495 000	684 000
Total Assets	1 138 000	1 826 000	1 422 000	684 000
Total Equity	−4 000	−207 000	−432 000	−162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	439 000	1 133 000	1 129 000	846 000
Creditors	137 000	51 000	51 000	0
Unpaid Taxes	216 000	244 000	238 000	0
Dividends	0	0	0	0
Other Current Debt	349 000	606 000	436 000	0
Total Current Debt	702 000	901 000	725 000	0
Total Equity and Debt	1 138 000	1 826 000	1 422 000	684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5 100 %	−108,21 %	62,27 %	112,35 %
Debt-to-Equity Ratio	−109,75	−5,47	−2,61	−5,22
Operating Profit Margin	4,06 %	4,51 %	−15,74 %	-
Current Ratio	0,54	1,05	0,68	-
Quick Ratio	0,65	1,18	0,77	-
Equity Ratio	−0	−0,11	−0,3	−0,24
Gross Profit Margin	72,26 %	75,26 %	65,19 %	-