CESTAN AS

6009 ÅLESUND

Finances

Return on Equity

73,21 %

Current Ratio

1,51

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 442 000	1 943 000	1 180 000	2 140 000
Net Income	593 000	486 000	57 000	135 000
Total Assets	2 399 000	1 102 000	705 000	914 000
Total Equity	810 000	516 000	500 000	444 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 442 000	1 943 000	1 180 000	2 140 000
Expenditure	1 489 000	1 141 000	1 178 000	1 955 000
Operating Profit	952 000	803 000	2 000	185 000
Financial Income	1 000	79 000	57 000	1 000
Financial Costs	153 000	202 000	1 000	10 000
Financial Balance	−152 000	−123 000	56 000	−9 000
Earnings Before Tax	800 000	680 000	58 000	175 000
Tax	207 000	194 000	1 000	41 000
Net Income	593 000	486 000	57 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 271 000	16 000	7 000	14 000
Total Current Assets	1 128 000	1 086 000	699 000	900 000
Total Assets	2 399 000	1 102 000	705 000	914 000
Total Retained Equity	780 000	486 000	470 000	414 000
Total Equity	810 000	516 000	500 000	444 000
Total Long-Term Debt	844 000	0	1 000	1 000
Total Current Debt	746 000	586 000	203 000	469 000
Total Equity and Debt	2 399 000	1 102 000	705 000	914 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 442 000	1 943 000	1 180 000	2 140 000
Other Income	0	0	0	0
Revenue	2 442 000	1 943 000	1 180 000	2 140 000
Cost of Goods Sold	33 000	1 000	0	1 000
Salary Costs	907 000	795 000	817 000	1 605 000
Depreciation	168 000	13 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	1 489 000	1 141 000	1 178 000	1 955 000
Operating Profit	952 000	803 000	2 000	185 000
Financial Income	1 000	79 000	57 000	1 000
Financial Costs	153 000	202 000	1 000	10 000
Financial Balance	−152 000	−123 000	56 000	−9 000
Dividends	300 000	0	0	0
Net Income	593 000	486 000	57 000	135 000

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	23 000	0	0	0
Fixtures	1 248 000	16 000	7 000	14 000
Total Tangible Assets	1 271 000	16 000	7 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 271 000	16 000	7 000	14 000
Stock	0	0	0	0
Total Investments	167 000	65 000	172 000	112 000
Cash, Bank	685 000	782 000	287 000	428 000
Total Current Assets	1 128 000	1 086 000	699 000	900 000
Total Assets	2 399 000	1 102 000	705 000	914 000
Total Equity	810 000	516 000	500 000	444 000
Short-Term Group Debt	300 000	140 000	0	0
Total Long-Term Debt	844 000	0	1 000	1 000
Creditors	2 000	25 000	42 000	29 000
Unpaid Taxes	186 000	157 000	85 000	210 000
Dividends	300 000	0	0	0
Other Current Debt	78 000	69 000	77 000	189 000
Total Current Debt	746 000	586 000	203 000	469 000
Total Equity and Debt	2 399 000	1 102 000	705 000	914 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,21 %	94,19 %	11,4 %	30,41 %
Debt-to-Equity Ratio	1,04	0	0	0
Operating Profit Margin	38,98 %	41,33 %	0,17 %	8,64 %
Current Ratio	1,51	1,85	3,44	1,92
Quick Ratio	1,51	1,85	3,44	1,92
Equity Ratio	0,34	0,47	0,71	0,49
Gross Profit Margin	98,65 %	99,95 %	100 %	99,95 %