CEMIT AS

3717 SKIEN

Finances

Share Ownership

Return on Equity

286,44 %

Current Ratio

0,45

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 691 000	25 294 000	18 724 000	6 416 000
Net Income	−5 302 000	2 390 000	2 501 000	41 000
Total Assets	25 831 000	11 392 000	7 080 000	3 926 000
Total Equity	−1 851 000	3 451 000	95 000	−226 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 691 000	25 294 000	18 724 000	6 416 000
Expenditure	48 946 000	22 221 000	15 530 000	6 370 000
Operating Profit	−5 254 000	3 073 000	3 194 000	46 000
Financial Income	6 000	0	15 000	9 000
Financial Costs	74 000	7 000	1 000	1 000
Financial Balance	−68 000	−7 000	14 000	8 000
Earnings Before Tax	−5 323 000	3 067 000	3 208 000	54 000
Tax	−20 000	676 000	708 000	13 000
Net Income	−5 302 000	2 390 000	2 501 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 396 000	3 400 000	359 000	109 000
Total Current Assets	12 435 000	7 992 000	6 721 000	3 817 000
Total Assets	25 831 000	11 392 000	7 080 000	3 926 000
Total Retained Equity	−5 246 000	57 000	0	−321 000
Total Equity	−1 851 000	3 451 000	95 000	−226 000
Total Long-Term Debt	0	777 000	202 000	1 875 000
Total Current Debt	27 682 000	7 164 000	6 783 000	2 277 000
Total Equity and Debt	25 831 000	11 392 000	7 080 000	3 926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 691 000	25 294 000	18 724 000	6 583 000
Other Income	0	0	0	−167 000
Revenue	43 691 000	25 294 000	18 724 000	6 416 000
Cost of Goods Sold	21 278 000	3 763 000	2 508 000	840 000
Salary Costs	18 678 000	12 845 000	8 787 000	4 297 000
Depreciation	324 000	102 000	14 000	6 000
Impairment	0	0	0	0
Expenditure	48 946 000	22 221 000	15 530 000	6 370 000
Operating Profit	−5 254 000	3 073 000	3 194 000	46 000
Financial Income	6 000	0	15 000	9 000
Financial Costs	74 000	7 000	1 000	1 000
Financial Balance	−68 000	−7 000	14 000	8 000
Dividends	0	0	0	0
Net Income	−5 302 000	2 390 000	2 501 000	41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	91 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	714 000	521 000	67 000	19 000
Total Tangible Assets	714 000	521 000	67 000	19 000
Total Fiancial Fixed Assets	12 681 000	2 879 000	292 000	0
Total Fixed Assets	13 396 000	3 400 000	359 000	109 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 622 000	1 570 000	4 636 000	1 313 000
Total Current Assets	12 435 000	7 992 000	6 721 000	3 817 000
Total Assets	25 831 000	11 392 000	7 080 000	3 926 000
Total Equity	−1 851 000	3 451 000	95 000	−226 000
Short-Term Group Debt	0	2 992 000	2 794 000	327 000
Total Long-Term Debt	0	777 000	202 000	1 875 000
Creditors	14 489 000	383 000	717 000	217 000
Unpaid Taxes	3 763 000	1 647 000	999 000	667 000
Dividends	0	0	0	0
Other Current Debt	9 430 000	2 142 000	2 273 000	1 067 000
Total Current Debt	27 682 000	7 164 000	6 783 000	2 277 000
Total Equity and Debt	25 831 000	11 392 000	7 080 000	3 926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	286,44 %	69,26 %	2 632,63 %	−18,14 %
Debt-to-Equity Ratio	−0	0,23	2,13	−8,3
Operating Profit Margin	−12,03 %	12,15 %	17,06 %	0,72 %
Current Ratio	0,45	1,12	0,99	1,68
Quick Ratio	0,45	1,12	0,99	1,68
Equity Ratio	−0,07	0,3	0,01	−0,06
Gross Profit Margin	51,3 %	85,12 %	86,61 %	86,91 %