CYCLOFIX AS

5063 BERGEN

Finances

Share Ownership

Return on Equity

−77,59 %

Current Ratio

1,04

Debt-to-Equity Ratio

12,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 038 000	3 286 000	3 552 000	2 371 000
Net Income	−45 000	100 000	37 000	−285 000
Total Assets	1 494 000	1 702 000	531 000	258 000
Total Equity	58 000	103 000	4 000	−34 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 038 000	3 286 000	3 552 000	2 371 000
Expenditure	3 017 000	3 167 000	3 512 000	2 655 000
Operating Profit	21 000	119 000	40 000	−284 000
Financial Income	0	0	1 000	0
Financial Costs	66 000	20 000	4 000	1 000
Financial Balance	−66 000	−20 000	−3 000	−1 000
Earnings Before Tax	−45 000	100 000	37 000	−285 000
Tax	0	0	0	0
Net Income	−45 000	100 000	37 000	−285 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	776 000	948 000	31 000	0
Total Current Assets	718 000	754 000	500 000	258 000
Total Assets	1 494 000	1 702 000	531 000	258 000
Total Retained Equity	28 000	73 000	−26 000	−64 000
Total Equity	58 000	103 000	4 000	−34 000
Total Long-Term Debt	743 000	894 000	0	2 000
Total Current Debt	693 000	705 000	527 000	289 000
Total Equity and Debt	1 494 000	1 702 000	531 000	258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 038 000	3 286 000	3 550 000	2 371 000
Other Income	0	0	2 000	0
Revenue	3 038 000	3 286 000	3 552 000	2 371 000
Cost of Goods Sold	1 035 000	982 000	1 349 000	1 246 000
Salary Costs	1 299 000	1 581 000	1 466 000	790 000
Depreciation	172 000	72 000	1 000	0
Impairment	0	0	0	0
Expenditure	3 017 000	3 167 000	3 512 000	2 655 000
Operating Profit	21 000	119 000	40 000	−284 000
Financial Income	0	0	1 000	0
Financial Costs	66 000	20 000	4 000	1 000
Financial Balance	−66 000	−20 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	−45 000	100 000	37 000	−285 000

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	776 000	948 000	31 000	0
Total Tangible Assets	776 000	948 000	31 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	776 000	948 000	31 000	0
Stock	670 000	691 000	455 000	132 000
Total Investments	0	0	0	0
Cash, Bank	3 000	22 000	19 000	63 000
Total Current Assets	718 000	754 000	500 000	258 000
Total Assets	1 494 000	1 702 000	531 000	258 000
Total Equity	58 000	103 000	4 000	−34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	743 000	894 000	0	2 000
Creditors	295 000	132 000	29 000	64 000
Unpaid Taxes	33 000	140 000	216 000	73 000
Dividends	0	0	0	0
Other Current Debt	315 000	337 000	217 000	85 000
Total Current Debt	693 000	705 000	527 000	289 000
Total Equity and Debt	1 494 000	1 702 000	531 000	258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−77,59 %	97,09 %	925 %	838,24 %
Debt-to-Equity Ratio	12,81	8,68	0	−0,06
Operating Profit Margin	0,69 %	3,62 %	1,13 %	−11,98 %
Current Ratio	1,04	1,07	0,95	0,89
Quick Ratio	31,22	53,86	6,94	1,64
Equity Ratio	0,04	0,06	0,01	−0,13
Gross Profit Margin	65,93 %	70,12 %	62,02 %	47,45 %