CEMIT GROUP AS

3717 SKIEN

Finances

Return on Equity

−163,18 %

Current Ratio

0,72

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 199 000	2 782 000	3 864 000	1 687 000
Net Income	−13 715 000	−579 000	2 244 000	−934 000
Total Assets	34 404 000	26 420 000	20 820 000	5 127 000
Total Equity	8 405 000	8 062 000	8 640 000	−1 674 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 199 000	2 782 000	3 864 000	1 687 000
Expenditure	15 782 000	5 792 000	3 362 000	2 651 000
Operating Profit	−1 584 000	−3 011 000	502 000	−963 000
Financial Income	21 000	2 996 000	2 796 000	8 000
Financial Costs	11 990 000	726 000	407 000	241 000
Financial Balance	−11 969 000	2 270 000	2 389 000	−233 000
Earnings Before Tax	−13 552 000	−741 000	2 891 000	−1 196 000
Tax	163 000	−162 000	647 000	−262 000
Net Income	−13 715 000	−579 000	2 244 000	−934 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 732 000	25 908 000	13 837 000	4 460 000
Total Current Assets	14 673 000	512 000	6 982 000	668 000
Total Assets	34 404 000	26 420 000	20 820 000	5 127 000
Total Retained Equity	−13 767 000	−52 000	526 000	−1 718 000
Total Equity	8 405 000	8 062 000	8 640 000	−1 674 000
Total Long-Term Debt	5 600 000	4 157 000	9 522 000	6 299 000
Total Current Debt	20 400 000	14 202 000	2 658 000	502 000
Total Equity and Debt	34 404 000	26 420 000	20 820 000	5 127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 253 000	2 782 000	3 864 000	1 687 000
Other Income	10 945 000	0	0	0
Revenue	14 199 000	2 782 000	3 864 000	1 687 000
Cost of Goods Sold	1 849 000	1 605 000	0	0
Salary Costs	6 371 000	2 228 000	2 041 000	1 521 000
Depreciation	198 000	89 000	75 000	54 000
Impairment	0	0	0	0
Expenditure	15 782 000	5 792 000	3 362 000	2 651 000
Operating Profit	−1 584 000	−3 011 000	502 000	−963 000
Financial Income	21 000	2 996 000	2 796 000	8 000
Financial Costs	11 990 000	726 000	407 000	241 000
Financial Balance	−11 969 000	2 270 000	2 389 000	−233 000
Dividends	0	0	0	0
Net Income	−13 715 000	−579 000	2 244 000	−934 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	459 000	163 000	1 000	485 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	355 000	120 000	119 000	157 000
Total Tangible Assets	355 000	120 000	119 000	157 000
Total Fiancial Fixed Assets	18 918 000	25 625 000	13 718 000	3 817 000
Total Fixed Assets	19 732 000	25 908 000	13 837 000	4 460 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	313 000	119 000	73 000	643 000
Total Current Assets	14 673 000	512 000	6 982 000	668 000
Total Assets	34 404 000	26 420 000	20 820 000	5 127 000
Total Equity	8 405 000	8 062 000	8 640 000	−1 674 000
Short-Term Group Debt	2 050 000	545 000	738 000	0
Total Long-Term Debt	5 600 000	4 157 000	9 522 000	6 299 000
Creditors	5 004 000	186 000	88 000	127 000
Unpaid Taxes	454 000	245 000	128 000	221 000
Dividends	0	0	0	0
Other Current Debt	1 682 000	3 808 000	1 704 000	154 000
Total Current Debt	20 400 000	14 202 000	2 658 000	502 000
Total Equity and Debt	34 404 000	26 420 000	20 820 000	5 127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−163,18 %	−7,18 %	25,97 %	55,79 %
Debt-to-Equity Ratio	0,67	0,52	1,1	−3,76
Operating Profit Margin	−11,16 %	−108,23 %	12,99 %	−57,08 %
Current Ratio	0,72	0,04	2,63	1,33
Quick Ratio	0,72	0,04	2,63	1,33
Equity Ratio	0,24	0,31	0,41	−0,33
Gross Profit Margin	86,98 %	42,31 %	100 %	100 %