CADEL SOLUTIONS AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

264,08 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 803 000	10 862 000	6 588 000	134 000
Net Income	2 926 000	1 958 000	1 554 000	−98 000
Total Assets	7 119 000	5 115 000	3 235 000	162 000
Total Equity	1 108 000	731 000	408 000	−6 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 803 000	10 862 000	6 588 000	134 000
Expenditure	9 961 000	8 341 000	4 620 000	232 000
Operating Profit	3 842 000	2 522 000	1 968 000	−98 000
Financial Income	0	0	0	0
Financial Costs	58 000	0	0	0
Financial Balance	−58 000	0	0	0
Earnings Before Tax	3 784 000	2 522 000	1 968 000	−98 000
Tax	858 000	563 000	414 000	0
Net Income	2 926 000	1 958 000	1 554 000	−98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	63 000	101 000	82 000
Total Current Assets	7 100 000	5 052 000	3 134 000	80 000
Total Assets	7 119 000	5 115 000	3 235 000	162 000
Total Retained Equity	967 000	590 000	312 000	−42 000
Total Equity	1 108 000	731 000	408 000	−6 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 011 000	4 384 000	2 827 000	167 000
Total Equity and Debt	7 119 000	5 115 000	3 235 000	162 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 801 000	10 862 000	6 577 000	0
Other Income	2 000	0	11 000	134 000
Revenue	13 803 000	10 862 000	6 588 000	134 000
Cost of Goods Sold	1 945 000	1 614 000	168 000	0
Salary Costs	7 037 000	6 061 000	3 919 000	63 000
Depreciation	41 000	41 000	38 000	11 000
Impairment	0	0	0	0
Expenditure	9 961 000	8 341 000	4 620 000	232 000
Operating Profit	3 842 000	2 522 000	1 968 000	−98 000
Financial Income	0	0	0	0
Financial Costs	58 000	0	0	0
Financial Balance	−58 000	0	0	0
Dividends	2 549 000	1 680 000	1 200 000	0
Net Income	2 926 000	1 958 000	1 554 000	−98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	60 000	101 000	82 000
Total Tangible Assets	19 000	60 000	101 000	82 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 000	63 000	101 000	82 000
Stock	0	0	0	0
Total Investments	243 000	0	0	0
Cash, Bank	3 368 000	2 697 000	2 358 000	70 000
Total Current Assets	7 100 000	5 052 000	3 134 000	80 000
Total Assets	7 119 000	5 115 000	3 235 000	162 000
Total Equity	1 108 000	731 000	408 000	−6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	758 000	375 000	227 000	57 000
Unpaid Taxes	1 254 000	1 114 000	639 000	11 000
Dividends	2 549 000	1 680 000	1 200 000	0
Other Current Debt	595 000	648 000	347 000	104 000
Total Current Debt	6 011 000	4 384 000	2 827 000	167 000
Total Equity and Debt	7 119 000	5 115 000	3 235 000	162 000

Financial indicators	2022	2021	2020	2019
Return on Equity	264,08 %	267,85 %	380,88 %	1 633,33 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	27,83 %	23,22 %	29,87 %	−73,13 %
Current Ratio	1,18	1,15	1,11	0,48
Quick Ratio	1,18	1,15	1,11	0,48
Equity Ratio	0,16	0,14	0,13	−0,04
Gross Profit Margin	85,91 %	85,14 %	97,45 %	100 %