CVD BORNE AS

3214 SANDEFJORD

Finances

Return on Equity

47,23 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	627 000	934 000	1 033 000	1 484 000
Net Income	162 000	42 000	59 000	109 000
Total Assets	475 000	263 000	284 000	305 000
Total Equity	343 000	331 000	289 000	255 000

Income (NOK)	2022	2021	2020	2019
Revenue	627 000	934 000	1 033 000	1 484 000
Expenditure	420 000	878 000	955 000	1 341 000
Operating Profit	207 000	56 000	78 000	144 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	207 000	56 000	78 000	144 000
Tax	46 000	14 000	19 000	35 000
Net Income	162 000	42 000	59 000	109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	237 000	260 000	279 000	294 000
Total Current Assets	238 000	3 000	5 000	11 000
Total Assets	475 000	263 000	284 000	305 000
Total Retained Equity	313 000	301 000	259 000	225 000
Total Equity	343 000	331 000	289 000	255 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	132 000	−68 000	−5 000	50 000
Total Equity and Debt	475 000	263 000	284 000	305 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	627 000	794 000	1 033 000	1 484 000
Other Income	0	140 000	0	0
Revenue	627 000	934 000	1 033 000	1 484 000
Cost of Goods Sold	0	0	0	0
Salary Costs	328 000	0	−1 000	324 000
Depreciation	23 000	17 000	14 000	18 000
Impairment	0	0	0	0
Expenditure	420 000	878 000	955 000	1 341 000
Operating Profit	207 000	56 000	78 000	144 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	162 000	42 000	59 000	109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	37 000	46 000	57 000	72 000
Total Intangible Assets	37 000	46 000	57 000	72 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	14 000	0	0
Total Tangible Assets	0	14 000	0	0
Total Fiancial Fixed Assets	200 000	200 000	222 000	222 000
Total Fixed Assets	237 000	260 000	279 000	294 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	241 000	3 000	5 000	11 000
Total Current Assets	238 000	3 000	5 000	11 000
Total Assets	475 000	263 000	284 000	305 000
Total Equity	343 000	331 000	289 000	255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	2 000	2 000	−2 000
Unpaid Taxes	98 000	0	1 000	5 000
Dividends	0	0	0	0
Other Current Debt	−20 000	−83 000	−27 000	13 000
Total Current Debt	132 000	−68 000	−5 000	50 000
Total Equity and Debt	475 000	263 000	284 000	305 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,23 %	12,69 %	20,42 %	42,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	33,01 %	6 %	7,55 %	9,7 %
Current Ratio	1,8	−0,04	−1	0,22
Quick Ratio	1,8	−0,04	−1	0,22
Equity Ratio	0,72	1,26	1,02	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %