CITO EIENDOM AS

1396 BILLINGSTAD

Finances

Return on Equity

25,87 %

Current Ratio

15,02

Debt-to-Equity Ratio

1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	254 000	229 000	58 000	0
Net Income	8 577 000	17 792 000	−1 246 000	0
Total Assets	77 936 000	130 892 000	22 306 000	24 000
Total Equity	33 148 000	24 570 000	6 779 000	24 000

Income (NOK)	2022	2021	2020
Revenue	254 000	229 000	58 000
Expenditure	2 714 000	3 919 000	1 172 000
Operating Profit	−2 461 000	−3 690 000	−1 114 000
Financial Income	13 471 000	23 313 000	0
Financial Costs	2 433 000	1 830 000	132 000
Financial Balance	11 038 000	21 483 000	−132 000
Earnings Before Tax	8 577 000	17 792 000	−1 246 000
Tax	0	0	0
Net Income	8 577 000	17 792 000	−1 246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 102 000	116 835 000	16 123 000	0
Total Current Assets	11 834 000	14 058 000	6 183 000	24 000
Total Assets	77 936 000	130 892 000	22 306 000	24 000
Total Retained Equity	25 123 000	16 546 000	−1 246 000	0
Total Equity	33 148 000	24 570 000	6 779 000	24 000
Total Long-Term Debt	44 000 000	105 000 000	15 000 000	0
Total Current Debt	788 000	1 322 000	527 000	0
Total Equity and Debt	77 936 000	130 892 000	22 306 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	254 000	229 000	58 000
Other Income	0	0	0
Revenue	254 000	229 000	58 000
Cost of Goods Sold	0	0	0
Salary Costs	1 943 000	1 961 000	905 000
Depreciation	27 000	27 000	12 000
Impairment	0	0	0
Expenditure	2 714 000	3 919 000	1 172 000
Operating Profit	−2 461 000	−3 690 000	−1 114 000
Financial Income	13 471 000	23 313 000	0
Financial Costs	2 433 000	1 830 000	132 000
Financial Balance	11 038 000	21 483 000	−132 000
Dividends	0	0	0
Net Income	8 577 000	17 792 000	−1 246 000

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	69 000	96 000	123 000	0
Total Tangible Assets	69 000	96 000	123 000	0
Total Fiancial Fixed Assets	66 033 000	116 739 000	16 000 000	0
Total Fixed Assets	66 102 000	116 835 000	16 123 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 122 000	9 704 000	6 153 000	24 000
Total Current Assets	11 834 000	14 058 000	6 183 000	24 000
Total Assets	77 936 000	130 892 000	22 306 000	24 000
Total Equity	33 148 000	24 570 000	6 779 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	44 000 000	105 000 000	15 000 000	0
Creditors	21 000	28 000	174 000	0
Unpaid Taxes	150 000	159 000	142 000	0
Dividends	0	0	0	0
Other Current Debt	617 000	1 136 000	212 000	0
Total Current Debt	788 000	1 322 000	527 000	0
Total Equity and Debt	77 936 000	130 892 000	22 306 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,87 %	72,41 %	−18,38 %	0 %
Debt-to-Equity Ratio	1,33	4,27	2,21	0
Operating Profit Margin	−968,9 %	−1 611,35 %	−1 920,69 %	-
Current Ratio	15,02	10,63	11,73	-
Quick Ratio	15,02	10,63	11,73	-
Equity Ratio	0,43	0,19	0,3	1
Gross Profit Margin	100 %	100 %	100 %	-