CERNOVA TRADING AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

32,45 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	199 446 000	153 567 000	119 393 000	113 382 000
Net Income	2 941 000	2 209 000	1 127 000	261 000
Total Assets	39 784 000	38 058 000	41 260 000	35 340 000
Total Equity	9 064 000	7 800 000	6 449 000	5 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	199 446 000	153 567 000	119 393 000	113 382 000
Expenditure	196 462 000	151 993 000	121 593 000	114 269 000
Operating Profit	4 151 000	3 108 000	2 357 000	963 000
Financial Income	0	0	387 000	110 000
Financial Costs	377 000	276 000	1 299 000	738 000
Financial Balance	−377 000	−276 000	−912 000	−628 000
Earnings Before Tax	3 774 000	2 832 000	1 445 000	335 000
Tax	834 000	623 000	318 000	74 000
Net Income	2 941 000	2 209 000	1 127 000	261 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	39 784 000	38 058 000	41 260 000	35 340 000
Total Assets	39 784 000	38 058 000	41 260 000	35 340 000
Total Retained Equity	5 268 000	4 005 000	2 654 000	1 627 000
Total Equity	9 064 000	7 800 000	6 449 000	5 422 000
Total Long-Term Debt	0	0	19 000 000	15 000 000
Total Current Debt	30 720 000	30 257 000	15 810 000	14 918 000
Total Equity and Debt	39 784 000	38 057 000	41 259 000	35 340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	199 446 000	153 567 000	119 393 000	113 382 000
Other Income	0	0	0	0
Revenue	199 446 000	153 567 000	119 393 000	113 382 000
Cost of Goods Sold	189 715 000	147 104 000	116 339 000	105 075 000
Salary Costs	1 636 000	1 049 000	999 000	1 047 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	196 462 000	151 993 000	121 593 000	114 269 000
Operating Profit	4 151 000	3 108 000	2 357 000	963 000
Financial Income	0	0	387 000	110 000
Financial Costs	377 000	276 000	1 299 000	738 000
Financial Balance	−377 000	−276 000	−912 000	−628 000
Dividends	0	0	0	0
Net Income	2 941 000	2 209 000	1 127 000	261 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	19 992 000	18 826 000	17 292 000	12 734 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	6 725 000
Total Current Assets	39 784 000	38 058 000	41 260 000	35 340 000
Total Assets	39 784 000	38 058 000	41 260 000	35 340 000
Total Equity	9 064 000	7 800 000	6 449 000	5 422 000
Short-Term Group Debt	0	8 222 000	130 000	100 000
Total Long-Term Debt	0	0	19 000 000	15 000 000
Creditors	17 917 000	19 019 000	14 405 000	12 397 000
Unpaid Taxes	2 197 000	2 226 000	899 000	1 447 000
Dividends	0	0	0	0
Other Current Debt	889 000	409 000	87 000	924 000
Total Current Debt	30 720 000	30 257 000	15 810 000	14 918 000
Total Equity and Debt	39 784 000	38 057 000	41 259 000	35 340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,45 %	28,32 %	17,48 %	4,81 %
Debt-to-Equity Ratio	0	0	2,95	2,77
Operating Profit Margin	2,08 %	2,02 %	1,97 %	0,85 %
Current Ratio	1,3	1,26	2,61	2,37
Quick Ratio	3,71	3,33	−27,84	16,18
Equity Ratio	0,23	0,2	0,16	0,15
Gross Profit Margin	4,88 %	4,21 %	2,56 %	7,33 %