CETEO AS

3212 SANDEFJORD

Finances

Return on Equity

142,19 %

Current Ratio

7,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	26 000
Net Income	31 841 000	463 000	−41 000	7 687 000
Total Assets	25 903 000	797 000	1 307 000	3 400 000
Total Equity	22 393 000	667 000	605 000	1 346 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	26 000
Expenditure	615 000	45 000	59 000	125 000
Operating Profit	−616 000	−44 000	−58 000	−99 000
Financial Income	32 458 000	637 000	9 000	7 866 000
Financial Costs	2 000	1 000	0	29 000
Financial Balance	32 456 000	636 000	9 000	7 837 000
Earnings Before Tax	31 841 000	592 000	−50 000	7 737 000
Tax	0	129 000	−8 000	50 000
Net Income	31 841 000	463 000	−41 000	7 687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	594 000	600 000	622 000
Total Current Assets	25 882 000	203 000	707 000	2 778 000
Total Assets	25 903 000	797 000	1 307 000	3 400 000
Total Retained Equity	22 073 000	347 000	285 000	1 026 000
Total Equity	22 393 000	667 000	605 000	1 346 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 510 000	130 000	702 000	2 054 000
Total Equity and Debt	25 903 000	797 000	1 307 000	3 400 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	26 000
Other Income	0	0	0	0
Revenue	0	0	0	26 000
Cost of Goods Sold	0	0	0	0
Salary Costs	374 000	0	0	0
Depreciation	0	6 000	23 000	34 000
Impairment	0	0	0	0
Expenditure	615 000	45 000	59 000	125 000
Operating Profit	−616 000	−44 000	−58 000	−99 000
Financial Income	32 458 000	637 000	9 000	7 866 000
Financial Costs	2 000	1 000	0	29 000
Financial Balance	32 456 000	636 000	9 000	7 837 000
Dividends	3 500 000	400 000	700 000	7 809 000
Net Income	31 841 000	463 000	−41 000	7 687 000

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	6 000	28 000
Total Tangible Assets	0	0	6 000	28 000
Total Fiancial Fixed Assets	21 000	594 000	594 000	594 000
Total Fixed Assets	21 000	594 000	600 000	622 000
Stock	0	0	0	0
Total Investments	20 249 000	0	537 000	537 000
Cash, Bank	5 633 000	197 000	156 000	2 240 000
Total Current Assets	25 882 000	203 000	707 000	2 778 000
Total Assets	25 903 000	797 000	1 307 000	3 400 000
Total Equity	22 393 000	667 000	605 000	1 346 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	1 000	2 000	3 000
Unpaid Taxes	2 000	0	0	0
Dividends	3 500 000	400 000	700 000	7 809 000
Other Current Debt	3 503 000	0	700 000	2 000 000
Total Current Debt	3 510 000	130 000	702 000	2 054 000
Total Equity and Debt	25 903 000	797 000	1 307 000	3 400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	142,19 %	69,42 %	−6,78 %	571,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	−380,77 %
Current Ratio	7,37	1,56	1,01	1,35
Quick Ratio	7,37	1,56	1,01	1,35
Equity Ratio	0,86	0,84	0,46	0,4
Gross Profit Margin	-	-	-	100 %