CECC AS

9006 TROMSØ

Finances

Share Ownership

Return on Equity

0,5 %

Current Ratio

0,23

Debt-to-Equity Ratio

−1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	268 000	257 000	343 000	398 000
Net Income	−2 000	−4 000	−121 000	−77 000
Total Assets	228 000	264 000	323 000	379 000
Total Equity	−402 000	−400 000	−396 000	−275 000

Income (NOK)	2022	2021	2020	2019
Revenue	268 000	257 000	343 000	398 000
Expenditure	267 000	233 000	484 000	484 000
Operating Profit	0	25 000	−141 000	−86 000
Financial Income	0	0	0	0
Financial Costs	3 000	28 000	11 000	11 000
Financial Balance	−3 000	−28 000	−11 000	−11 000
Earnings Before Tax	−2 000	−3 000	−152 000	−96 000
Tax	0	1 000	−31 000	−20 000
Net Income	−2 000	−4 000	−121 000	−77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	203 000	250 000	298 000	325 000
Total Current Assets	25 000	15 000	25 000	54 000
Total Assets	228 000	264 000	323 000	379 000
Total Retained Equity	−502 000	−500 000	−496 000	−375 000
Total Equity	−402 000	−400 000	−396 000	−275 000
Total Long-Term Debt	523 000	575 000	606 000	606 000
Total Current Debt	107 000	89 000	113 000	48 000
Total Equity and Debt	228 000	264 000	323 000	379 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	268 000	257 000	329 000	398 000
Other Income	0	0	15 000	0
Revenue	268 000	257 000	343 000	398 000
Cost of Goods Sold	54 000	15 000	23 000	70 000
Salary Costs	0	26 000	239 000	137 000
Depreciation	47 000	47 000	47 000	47 000
Impairment	0	0	0	0
Expenditure	267 000	233 000	484 000	484 000
Operating Profit	0	25 000	−141 000	−86 000
Financial Income	0	0	0	0
Financial Costs	3 000	28 000	11 000	11 000
Financial Balance	−3 000	−28 000	−11 000	−11 000
Dividends	0	0	0	0
Net Income	−2 000	−4 000	−121 000	−77 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	3 000	40 000	78 000	115 000
Total Intangible Assets	137 000	174 000	212 000	218 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	60 000	70 000	80 000
Total Tangible Assets	50 000	60 000	70 000	80 000
Total Fiancial Fixed Assets	16 000	16 000	16 000	27 000
Total Fixed Assets	203 000	250 000	298 000	325 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	15 000	25 000	54 000
Total Current Assets	25 000	15 000	25 000	54 000
Total Assets	228 000	264 000	323 000	379 000
Total Equity	−402 000	−400 000	−396 000	−275 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	523 000	575 000	606 000	606 000
Creditors	87 000	34 000	23 000	12 000
Unpaid Taxes	5 000	33 000	62 000	30 000
Dividends	0	0	0	0
Other Current Debt	16 000	22 000	28 000	6 000
Total Current Debt	107 000	89 000	113 000	48 000
Total Equity and Debt	228 000	264 000	323 000	379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,5 %	1 %	30,56 %	28 %
Debt-to-Equity Ratio	−1,3	−1,44	−1,53	−2,2
Operating Profit Margin	0 %	9,73 %	−41,11 %	−21,61 %
Current Ratio	0,23	0,17	0,22	1,13
Quick Ratio	0,23	0,17	0,22	1,13
Equity Ratio	−1,76	−1,52	−1,23	−0,73
Gross Profit Margin	79,85 %	94,16 %	93,29 %	82,41 %