CEETRON SOLUTIONS AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

48,35 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 241 000	15 634 000	10 629 000	9 381 000
Net Income	3 038 000	3 297 000	1 898 000	1 633 000
Total Assets	15 694 000	12 953 000	10 352 000	6 572 000
Total Equity	6 284 000	6 546 000	6 249 000	4 350 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 241 000	15 634 000	10 629 000	9 381 000
Expenditure	12 342 000	11 408 000	8 198 000	7 288 000
Operating Profit	3 898 000	4 227 000	2 432 000	2 093 000
Financial Income	0	0	2 000	3 000
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	2 000	2 000
Earnings Before Tax	3 897 000	4 227 000	2 434 000	2 095 000
Tax	859 000	930 000	535 000	461 000
Net Income	3 038 000	3 297 000	1 898 000	1 633 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	367 000	63 000	0	0
Total Current Assets	15 327 000	12 890 000	10 352 000	6 572 000
Total Assets	15 694 000	12 953 000	10 352 000	6 572 000
Total Retained Equity	6 084 000	6 346 000	6 049 000	4 150 000
Total Equity	6 284 000	6 546 000	6 249 000	4 350 000
Total Long-Term Debt	8 000	0	0	0
Total Current Debt	9 402 000	6 407 000	4 104 000	2 222 000
Total Equity and Debt	15 694 000	12 953 000	10 352 000	6 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 241 000	15 634 000	10 629 000	9 381 000
Other Income	0	0	0	0
Revenue	16 241 000	15 634 000	10 629 000	9 381 000
Cost of Goods Sold	3 102 000	2 847 000	1 034 000	219 000
Salary Costs	7 893 000	7 515 000	5 951 000	6 060 000
Depreciation	98 000	35 000	0	0
Impairment	0	0	0	0
Expenditure	12 342 000	11 408 000	8 198 000	7 288 000
Operating Profit	3 898 000	4 227 000	2 432 000	2 093 000
Financial Income	0	0	2 000	3 000
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	2 000	2 000
Dividends	0	0	0	0
Net Income	3 038 000	3 297 000	1 898 000	1 633 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	367 000	62 000	0	0
Total Tangible Assets	367 000	62 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	367 000	63 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 731 000	11 365 000	8 973 000	4 729 000
Total Current Assets	15 327 000	12 890 000	10 352 000	6 572 000
Total Assets	15 694 000	12 953 000	10 352 000	6 572 000
Total Equity	6 284 000	6 546 000	6 249 000	4 350 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	0	0	0
Creditors	747 000	442 000	134 000	117 000
Unpaid Taxes	1 903 000	1 802 000	769 000	916 000
Dividends	0	0	0	0
Other Current Debt	5 902 000	3 233 000	2 666 000	728 000
Total Current Debt	9 402 000	6 407 000	4 104 000	2 222 000
Total Equity and Debt	15 694 000	12 953 000	10 352 000	6 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,35 %	50,37 %	30,37 %	37,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24 %	27,04 %	22,88 %	22,31 %
Current Ratio	1,63	2,01	2,52	2,96
Quick Ratio	1,63	2,01	2,52	2,96
Equity Ratio	0,4	0,51	0,6	0,66
Gross Profit Margin	80,9 %	81,79 %	90,27 %	97,67 %