CERVO AS

0250 OSLO

Finances

Return on Equity

−130,66 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 236 000	24 025 000	33 397 000	37 207 000
Net Income	−375 000	66 000	54 000	183 000
Total Assets	6 448 000	3 486 000	6 873 000	8 177 000
Total Equity	287 000	511 000	445 000	533 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 236 000	24 025 000	33 397 000	37 207 000
Expenditure	25 716 000	23 940 000	33 326 000	36 967 000
Operating Profit	−481 000	84 000	71 000	241 000
Financial Income	0	0	0	6 000
Financial Costs	0	0	0	12 000
Financial Balance	0	0	0	−6 000
Earnings Before Tax	−481 000	84 000	71 000	235 000
Tax	−105 000	19 000	16 000	52 000
Net Income	−375 000	66 000	54 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	105 000	45 000	45 000	45 000
Total Current Assets	6 343 000	3 441 000	6 828 000	8 132 000
Total Assets	6 448 000	3 486 000	6 873 000	8 177 000
Total Retained Equity	117 000	381 000	315 000	363 000
Total Equity	287 000	511 000	445 000	533 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 161 000	2 975 000	6 427 000	7 644 000
Total Equity and Debt	6 448 000	3 486 000	6 873 000	8 177 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 236 000	23 668 000	32 947 000	36 557 000
Other Income	0	357 000	450 000	650 000
Revenue	25 236 000	24 025 000	33 397 000	37 207 000
Cost of Goods Sold	25 217 000	23 640 000	32 966 000	36 577 000
Salary Costs	1 000	1 000	1 000	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	25 716 000	23 940 000	33 326 000	36 967 000
Operating Profit	−481 000	84 000	71 000	241 000
Financial Income	0	0	0	6 000
Financial Costs	0	0	0	12 000
Financial Balance	0	0	0	−6 000
Dividends	0	0	0	600 000
Net Income	−375 000	66 000	54 000	183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	105 000	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	45 000	45 000	45 000
Total Fixed Assets	105 000	45 000	45 000	45 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 938 000	867 000	1 813 000	1 148 000
Total Current Assets	6 343 000	3 441 000	6 828 000	8 132 000
Total Assets	6 448 000	3 486 000	6 873 000	8 177 000
Total Equity	287 000	511 000	445 000	533 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 466 000	2 956 000	5 262 000	6 645 000
Unpaid Taxes	0	1 000	0	0
Dividends	0	0	0	600 000
Other Current Debt	695 000	0	1 149 000	347 000
Total Current Debt	6 161 000	2 975 000	6 427 000	7 644 000
Total Equity and Debt	6 448 000	3 486 000	6 873 000	8 177 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−130,66 %	12,92 %	12,13 %	34,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,91 %	0,35 %	0,21 %	0,65 %
Current Ratio	1,03	1,16	1,06	1,06
Quick Ratio	1,03	1,16	1,06	1,06
Equity Ratio	0,04	0,15	0,06	0,07
Gross Profit Margin	0,08 %	1,6 %	1,29 %	1,69 %