CID MAT AS

2116 SANDER

Finances

Share Ownership

Return on Equity

62,74 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	7 410 000	4 318 000	2 556 000
Net Income	709 000	−82 000	477 000
Total Assets	1 559 000	1 278 000	1 293 000
Total Equity	1 130 000	409 000	489 000

Income (NOK)	2021	2020	2019
Revenue	7 410 000	4 318 000	2 556 000
Expenditure	6 494 000	4 393 000	1 944 000
Operating Profit	915 000	−74 000	612 000
Financial Income	1 000	0	0
Financial Costs	7 000	8 000	0
Financial Balance	−6 000	−8 000	0
Earnings Before Tax	909 000	−82 000	612 000
Tax	200 000	0	135 000
Net Income	709 000	−82 000	477 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	946 000	683 000	596 000
Total Current Assets	613 000	595 000	697 000
Total Assets	1 559 000	1 278 000	1 293 000
Total Retained Equity	1 106 000	385 000	464 000
Total Equity	1 130 000	409 000	489 000
Total Long-Term Debt	0	600 000	0
Total Current Debt	429 000	269 000	804 000
Total Equity and Debt	1 559 000	1 278 000	1 293 000

Cash flow (NOK)	2021	2020	2019
Sales Income	7 326 000	4 318 000	2 556 000
Other Income	84 000	0	0
Revenue	7 410 000	4 318 000	2 556 000
Cost of Goods Sold	1 156 000	905 000	465 000
Salary Costs	2 566 000	1 344 000	426 000
Depreciation	223 000	142 000	46 000
Impairment	0	0	0
Expenditure	6 494 000	4 393 000	1 944 000
Operating Profit	915 000	−74 000	612 000
Financial Income	1 000	0	0
Financial Costs	7 000	8 000	0
Financial Balance	−6 000	−8 000	0
Dividends	0	0	0
Net Income	709 000	−82 000	477 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	31 000	54 000	15 000
Fixtures	915 000	628 000	581 000
Total Tangible Assets	946 000	683 000	596 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	946 000	683 000	596 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	571 000	555 000	652 000
Total Current Assets	613 000	595 000	697 000
Total Assets	1 559 000	1 278 000	1 293 000
Total Equity	1 130 000	409 000	489 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	600 000	0
Creditors	24 000	93 000	526 000
Unpaid Taxes	−18 000	44 000	109 000
Dividends	0	0	0
Other Current Debt	222 000	133 000	35 000
Total Current Debt	429 000	269 000	804 000
Total Equity and Debt	1 559 000	1 278 000	1 293 000

Financial indicators	2021	2020	2019
Return on Equity	62,74 %	−20,05 %	97,55 %
Debt-to-Equity Ratio	0	1,47	0
Operating Profit Margin	12,35 %	−1,71 %	23,94 %
Current Ratio	1,43	2,21	0,87
Quick Ratio	1,43	2,21	0,87
Equity Ratio	0,72	0,32	0,38
Gross Profit Margin	84,4 %	79,04 %	81,81 %