CERSTEN AS

9007 TROMSØ

Finances

Share Ownership

Return on Equity

−406,8 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 859 000	2 333 000	2 299 000	2 700 000
Net Income	−419 000	222 000	213 000	−220 000
Total Assets	825 000	1 149 000	757 000	653 000
Total Equity	103 000	522 000	300 000	87 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 859 000	2 333 000	2 299 000	2 700 000
Expenditure	3 277 000	2 047 000	2 082 000	2 923 000
Operating Profit	−418 000	286 000	218 000	−223 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	3 000	0
Financial Balance	−1 000	0	−3 000	0
Earnings Before Tax	−419 000	286 000	215 000	−223 000
Tax	0	63 000	3 000	−3 000
Net Income	−419 000	222 000	213 000	−220 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	48 000	66 000	96 000
Total Current Assets	805 000	1 100 000	691 000	557 000
Total Assets	825 000	1 149 000	757 000	653 000
Total Retained Equity	73 000	492 000	270 000	56 000
Total Equity	103 000	522 000	300 000	87 000
Total Long-Term Debt	0	121 000	121 000	121 000
Total Current Debt	722 000	506 000	336 000	445 000
Total Equity and Debt	825 000	1 149 000	757 000	653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 784 000	2 075 000	2 258 000	2 644 000
Other Income	75 000	258 000	41 000	56 000
Revenue	2 859 000	2 333 000	2 299 000	2 700 000
Cost of Goods Sold	622 000	465 000	687 000	1 011 000
Salary Costs	2 109 000	1 071 000	885 000	1 284 000
Depreciation	29 000	31 000	31 000	30 000
Impairment	0	0	0	0
Expenditure	3 277 000	2 047 000	2 082 000	2 923 000
Operating Profit	−418 000	286 000	218 000	−223 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	3 000	0
Financial Balance	−1 000	0	−3 000	0
Dividends	0	0	0	0
Net Income	−419 000	222 000	213 000	−220 000

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	20 000	48 000	66 000	96 000
Total Tangible Assets	20 000	48 000	66 000	96 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	48 000	66 000	96 000
Stock	19 000	19 000	24 000	25 000
Total Investments	0	0	0	0
Cash, Bank	749 000	1 012 000	561 000	477 000
Total Current Assets	805 000	1 100 000	691 000	557 000
Total Assets	825 000	1 149 000	757 000	653 000
Total Equity	103 000	522 000	300 000	87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	121 000	121 000	121 000
Creditors	50 000	24 000	71 000	121 000
Unpaid Taxes	216 000	154 000	112 000	202 000
Dividends	0	0	0	0
Other Current Debt	455 000	265 000	151 000	122 000
Total Current Debt	722 000	506 000	336 000	445 000
Total Equity and Debt	825 000	1 149 000	757 000	653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−406,8 %	42,53 %	71 %	−252,87 %
Debt-to-Equity Ratio	0	0,23	0,4	1,39
Operating Profit Margin	−14,62 %	12,26 %	9,48 %	−8,26 %
Current Ratio	1,11	2,17	2,06	1,25
Quick Ratio	1,15	2,26	2,21	1,33
Equity Ratio	0,12	0,45	0,4	0,13
Gross Profit Margin	78,24 %	80,07 %	70,12 %	62,56 %