CEWAVE AS

4514 MANDAL

Finances

Return on Equity

−8,29 %

Current Ratio

30,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	266 000	1 589 000	2 302 000	2 122 000
Net Income	−130 000	494 000	371 000	620 000
Total Assets	1 622 000	1 985 000	1 836 000	1 550 000
Total Equity	1 569 000	1 699 000	1 405 000	1 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	266 000	1 589 000	2 302 000	2 122 000
Expenditure	261 000	1 222 000	1 923 000	1 328 000
Operating Profit	5 000	367 000	378 000	793 000
Financial Income	5 000	187 000	115 000	6 000
Financial Costs	121 000	1 000	10 000	1 000
Financial Balance	−116 000	186 000	105 000	5 000
Earnings Before Tax	−111 000	553 000	484 000	798 000
Tax	19 000	59 000	113 000	178 000
Net Income	−130 000	494 000	371 000	620 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	191 000	342 000	6 000
Total Current Assets	1 581 000	1 794 000	1 494 000	1 544 000
Total Assets	1 622 000	1 985 000	1 836 000	1 550 000
Total Retained Equity	1 539 000	1 669 000	1 375 000	1 004 000
Total Equity	1 569 000	1 699 000	1 405 000	1 034 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	52 000	286 000	431 000	516 000
Total Equity and Debt	1 622 000	1 985 000	1 836 000	1 550 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	266 000	1 589 000	2 302 000	2 122 000
Other Income	0	0	0	0
Revenue	266 000	1 589 000	2 302 000	2 122 000
Cost of Goods Sold	0	0	27 000	0
Salary Costs	37 000	926 000	1 153 000	1 063 000
Depreciation	151 000	151 000	119 000	18 000
Impairment	0	0	0	0
Expenditure	261 000	1 222 000	1 923 000	1 328 000
Operating Profit	5 000	367 000	378 000	793 000
Financial Income	5 000	187 000	115 000	6 000
Financial Costs	121 000	1 000	10 000	1 000
Financial Balance	−116 000	186 000	105 000	5 000
Dividends	0	200 000	0	0
Net Income	−130 000	494 000	371 000	620 000

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	38 000	188 000	339 000	6 000
Total Tangible Assets	38 000	188 000	339 000	6 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	0
Total Fixed Assets	41 000	191 000	342 000	6 000
Stock	0	0	0	0
Total Investments	1 350 000	1 455 000	545 000	0
Cash, Bank	216 000	243 000	777 000	1 379 000
Total Current Assets	1 581 000	1 794 000	1 494 000	1 544 000
Total Assets	1 622 000	1 985 000	1 836 000	1 550 000
Total Equity	1 569 000	1 699 000	1 405 000	1 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−1 000	9 000	0	24 000
Unpaid Taxes	59 000	27 000	199 000	206 000
Dividends	0	200 000	0	0
Other Current Debt	−24 000	191 000	120 000	108 000
Total Current Debt	52 000	286 000	431 000	516 000
Total Equity and Debt	1 622 000	1 985 000	1 836 000	1 550 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,29 %	29,08 %	26,41 %	59,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,88 %	23,1 %	16,42 %	37,37 %
Current Ratio	30,4	6,27	3,47	2,99
Quick Ratio	30,4	6,27	3,47	2,99
Equity Ratio	0,97	0,86	0,77	0,67
Gross Profit Margin	100 %	100 %	98,83 %	100 %