CYLINDER TECH AS

3740 SKIEN

Finances

Share Ownership

Return on Equity

41,84 %

Current Ratio

0,55

Debt-to-Equity Ratio

−0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 816 000	1 343 000	1 247 000	1 346 000
Net Income	−118 000	8 000	84 000	−259 000
Total Assets	424 000	404 000	460 000	538 000
Total Equity	−282 000	−165 000	−173 000	−257 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 816 000	1 343 000	1 247 000	1 346 000
Expenditure	1 923 000	1 324 000	1 153 000	1 590 000
Operating Profit	−107 000	19 000	93 000	−244 000
Financial Income	0	0	3 000	0
Financial Costs	10 000	11 000	12 000	15 000
Financial Balance	−10 000	−11 000	−9 000	−15 000
Earnings Before Tax	−118 000	8 000	84 000	−259 000
Tax	0	0	0	0
Net Income	−118 000	8 000	84 000	−259 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	14 000	78 000	173 000
Total Current Assets	361 000	390 000	382 000	364 000
Total Assets	424 000	404 000	460 000	538 000
Total Retained Equity	−1 687 000	−1 570 000	−1 578 000	−1 662 000
Total Equity	−282 000	−165 000	−173 000	−257 000
Total Long-Term Debt	56 000	52 000	154 000	204 000
Total Current Debt	651 000	516 000	478 000	590 000
Total Equity and Debt	424 000	404 000	460 000	538 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 803 000	1 320 000	1 222 000	1 346 000
Other Income	13 000	23 000	25 000	0
Revenue	1 816 000	1 343 000	1 247 000	1 346 000
Cost of Goods Sold	16 000	60 000	9 000	0
Salary Costs	1 094 000	528 000	543 000	936 000
Depreciation	35 000	64 000	95 000	94 000
Impairment	0	0	0	0
Expenditure	1 923 000	1 324 000	1 153 000	1 590 000
Operating Profit	−107 000	19 000	93 000	−244 000
Financial Income	0	0	3 000	0
Financial Costs	10 000	11 000	12 000	15 000
Financial Balance	−10 000	−11 000	−9 000	−15 000
Dividends	0	0	0	0
Net Income	−118 000	8 000	84 000	−259 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	14 000	78 000	173 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	64 000	0	0	0
Total Tangible Assets	64 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	64 000	14 000	78 000	173 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	85 000	122 000	197 000	95 000
Total Current Assets	361 000	390 000	382 000	364 000
Total Assets	424 000	404 000	460 000	538 000
Total Equity	−282 000	−165 000	−173 000	−257 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 000	52 000	154 000	204 000
Creditors	123 000	49 000	75 000	140 000
Unpaid Taxes	132 000	88 000	62 000	66 000
Dividends	0	0	0	0
Other Current Debt	395 000	380 000	341 000	385 000
Total Current Debt	651 000	516 000	478 000	590 000
Total Equity and Debt	424 000	404 000	460 000	538 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,84 %	−4,85 %	−48,55 %	100,78 %
Debt-to-Equity Ratio	−0,2	−0,32	−0,89	−0,79
Operating Profit Margin	−5,89 %	1,41 %	7,46 %	−18,13 %
Current Ratio	0,55	0,76	0,8	0,62
Quick Ratio	0,55	0,76	0,8	0,62
Equity Ratio	−0,67	−0,41	−0,38	−0,48
Gross Profit Margin	99,12 %	95,53 %	99,28 %	100 %