CONTROL CUTTER RENTAL AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

26,93 %

Current Ratio

2,51

Debt-to-Equity Ratio

2,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 230 000	3 185 000	2 203 000	1 759 000
Net Income	1 343 000	429 000	159 000	31 000
Total Assets	18 086 000	18 531 000	12 430 000	11 529 000
Total Equity	4 987 000	3 644 000	3 215 000	3 056 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 230 000	3 185 000	2 203 000	1 759 000
Expenditure	2 164 000	1 885 000	1 498 000	1 504 000
Operating Profit	2 065 000	1 300 000	705 000	255 000
Financial Income	0	0	0	7 000
Financial Costs	692 000	871 000	546 000	232 000
Financial Balance	−692 000	−871 000	−546 000	−225 000
Earnings Before Tax	1 373 000	429 000	159 000	31 000
Tax	30 000	0	0	0
Net Income	1 343 000	429 000	159 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 365 000	13 615 000	7 119 000	8 869 000
Total Current Assets	5 720 000	4 916 000	5 310 000	2 660 000
Total Assets	18 086 000	18 531 000	12 430 000	11 529 000
Total Retained Equity	275 000	614 000	185 000	26 000
Total Equity	4 987 000	3 644 000	3 215 000	3 056 000
Total Long-Term Debt	10 820 000	13 660 000	9 105 000	7 385 000
Total Current Debt	2 278 000	1 227 000	110 000	1 088 000
Total Equity and Debt	18 086 000	18 531 000	12 430 000	11 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 230 000	3 185 000	2 203 000	1 759 000
Other Income	0	0	0	0
Revenue	4 230 000	3 185 000	2 203 000	1 759 000
Cost of Goods Sold	0	0	0	68 000
Salary Costs	0	0	0	0
Depreciation	1 250 000	1 775 000	1 417 000	1 007 000
Impairment	0	0	0	0
Expenditure	2 164 000	1 885 000	1 498 000	1 504 000
Operating Profit	2 065 000	1 300 000	705 000	255 000
Financial Income	0	0	0	7 000
Financial Costs	692 000	871 000	546 000	232 000
Financial Balance	−692 000	−871 000	−546 000	−225 000
Dividends	1 682 000	0	0	0
Net Income	1 343 000	429 000	159 000	31 000

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	12 365 000	13 615 000	7 119 000	5 068 000
Fixtures	0	0	0	0
Total Tangible Assets	12 365 000	13 615 000	7 119 000	5 068 000
Total Fiancial Fixed Assets	0	0	0	3 801 000
Total Fixed Assets	12 365 000	13 615 000	7 119 000	8 869 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	190 000	524 000	389 000	1 784 000
Total Current Assets	5 720 000	4 916 000	5 310 000	2 660 000
Total Assets	18 086 000	18 531 000	12 430 000	11 529 000
Total Equity	4 987 000	3 644 000	3 215 000	3 056 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 820 000	13 660 000	9 105 000	7 385 000
Creditors	597 000	602 000	79 000	1 088 000
Unpaid Taxes	0	625 000	32 000	0
Dividends	1 682 000	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 278 000	1 227 000	110 000	1 088 000
Total Equity and Debt	18 086 000	18 531 000	12 430 000	11 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,93 %	11,77 %	4,95 %	1,01 %
Debt-to-Equity Ratio	2,17	3,75	2,83	2,42
Operating Profit Margin	48,82 %	40,82 %	32 %	14,5 %
Current Ratio	2,51	4,01	48,27	2,44
Quick Ratio	2,51	4,01	48,27	2,44
Equity Ratio	0,28	0,2	0,26	0,27
Gross Profit Margin	100 %	100 %	100 %	96,13 %