CEFRONT TECHNOLOGY AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

544,06 %

Current Ratio

0,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 363 000	29 010 000	38 047 000	47 187 000
Net Income	3 433 000	1 132 000	7 647 000	12 450 000
Total Assets	19 390 000	15 225 000	13 470 000	33 790 000
Total Equity	631 000	−2 802 000	−3 934 000	6 683 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 363 000	29 010 000	38 047 000	47 187 000
Expenditure	22 963 000	27 539 000	31 055 000	31 114 000
Operating Profit	4 400 000	1 470 000	6 992 000	16 072 000
Financial Income	48 000	0	152 000	37 000
Financial Costs	44 000	19 000	109 000	136 000
Financial Balance	4 000	−19 000	43 000	−99 000
Earnings Before Tax	4 404 000	1 451 000	7 035 000	15 973 000
Tax	971 000	319 000	−612 000	3 523 000
Net Income	3 433 000	1 132 000	7 647 000	12 450 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 377 000	4 348 000	4 667 000	4 055 000
Total Current Assets	16 013 000	10 878 000	8 803 000	29 735 000
Total Assets	19 390 000	15 225 000	13 470 000	33 790 000
Total Retained Equity	531 000	−2 902 000	−4 034 000	6 332 000
Total Equity	631 000	−2 802 000	−3 934 000	6 683 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 759 000	18 028 000	17 404 000	27 107 000
Total Equity and Debt	19 390 000	15 225 000	13 470 000	33 790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 363 000	29 010 000	38 047 000	47 187 000
Other Income	0	0	0	0
Revenue	27 363 000	29 010 000	38 047 000	47 187 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 777 000	20 562 000	24 289 000	24 152 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	22 963 000	27 539 000	31 055 000	31 114 000
Operating Profit	4 400 000	1 470 000	6 992 000	16 072 000
Financial Income	48 000	0	152 000	37 000
Financial Costs	44 000	19 000	109 000	136 000
Financial Balance	4 000	−19 000	43 000	−99 000
Dividends	0	0	12 780 000	0
Net Income	3 433 000	1 132 000	7 647 000	12 450 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 377 000	4 348 000	4 667 000	4 055 000
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	3 377 000	4 348 000	4 667 000	4 055 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 910 000	3 546 000	4 690 000	1 719 000
Total Current Assets	16 013 000	10 878 000	8 803 000	29 735 000
Total Assets	19 390 000	15 225 000	13 470 000	33 790 000
Total Equity	631 000	−2 802 000	−3 934 000	6 683 000
Short-Term Group Debt	0	28 000	24 000	6 000
Total Long-Term Debt	0	0	0	0
Creditors	645 000	652 000	287 000	632 000
Unpaid Taxes	3 067 000	2 920 000	4 170 000	4 697 000
Dividends	0	0	12 780 000	0
Other Current Debt	15 047 000	14 428 000	12 923 000	15 162 000
Total Current Debt	18 759 000	18 028 000	17 404 000	27 107 000
Total Equity and Debt	19 390 000	15 225 000	13 470 000	33 790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	544,06 %	−40,4 %	−194,38 %	186,29 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	16,08 %	5,07 %	18,38 %	34,06 %
Current Ratio	0,85	0,6	0,51	1,1
Quick Ratio	0,85	0,6	0,51	1,1
Equity Ratio	0,03	−0,18	−0,29	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %