CITYGROUP NORWAY AS

1738 BORGENHAUGEN

Finances

Return on Equity

29,86 %

Current Ratio

0,69

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	−310 000	851 000	1 340 000	701 000
Net Income	−433 000	−1 182 000	−11 000	4 388 000
Total Assets	12 142 000	11 797 000	10 314 000	13 287 000
Total Equity	−1 450 000	−1 017 000	6 098 000	4 406 000

Income (NOK)	2022	2021	2020	2019
Revenue	−310 000	851 000	1 340 000	701 000
Expenditure	−577 000	2 022 000	1 355 000	518 000
Operating Profit	267 000	−1 171 000	−14 000	184 000
Financial Income	1 000	−6 000	0	4 242 000
Financial Costs	700 000	7 000	0	0
Financial Balance	−699 000	−13 000	0	4 242 000
Earnings Before Tax	−433 000	−1 183 000	−15 000	4 426 000
Tax	0	−1 000	−3 000	38 000
Net Income	−433 000	−1 182 000	−11 000	4 388 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 758 000	2 815 000	8 769 000	13 031 000
Total Current Assets	9 384 000	8 982 000	1 545 000	256 000
Total Assets	12 142 000	11 797 000	10 314 000	13 287 000
Total Retained Equity	−1 490 000	−1 057 000	123 000	4 376 000
Total Equity	−1 450 000	−1 017 000	6 098 000	4 406 000
Total Long-Term Debt	0	0	2 000	2 000
Total Current Debt	13 592 000	12 814 000	4 215 000	8 878 000
Total Equity and Debt	12 142 000	11 797 000	10 314 000	13 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−310 000	851 000	1 340 000	701 000
Other Income	0	0	0	0
Revenue	−310 000	851 000	1 340 000	701 000
Cost of Goods Sold	0	364 000	472 000	71 000
Salary Costs	0	255 000	374 000	283 000
Depreciation	0	23 000	19 000	8 000
Impairment	0	0	0	0
Expenditure	−577 000	2 022 000	1 355 000	518 000
Operating Profit	267 000	−1 171 000	−14 000	184 000
Financial Income	1 000	−6 000	0	4 242 000
Financial Costs	700 000	7 000	0	0
Financial Balance	−699 000	−13 000	0	4 242 000
Dividends	0	0	0	0
Net Income	−433 000	−1 182 000	−11 000	4 388 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	6 702 000	12 945 000
Machinery and Plant Facilities	0	49 000	0	0
Fixtures	0	8 000	68 000	87 000
Total Tangible Assets	0	57 000	6 769 000	13 031 000
Total Fiancial Fixed Assets	2 758 000	2 758 000	2 000 000	0
Total Fixed Assets	2 758 000	2 815 000	8 769 000	13 031 000
Stock	8 135 000	7 696 000	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	2 000	145 000
Total Current Assets	9 384 000	8 982 000	1 545 000	256 000
Total Assets	12 142 000	11 797 000	10 314 000	13 287 000
Total Equity	−1 450 000	−1 017 000	6 098 000	4 406 000
Short-Term Group Debt	13 345 000	11 223 000	3 514 000	0
Total Long-Term Debt	0	0	2 000	2 000
Creditors	75 000	414 000	479 000	85 000
Unpaid Taxes	0	334 000	140 000	34 000
Dividends	0	0	0	0
Other Current Debt	171 000	843 000	82 000	8 723 000
Total Current Debt	13 592 000	12 814 000	4 215 000	8 878 000
Total Equity and Debt	12 142 000	11 797 000	10 314 000	13 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,86 %	116,22 %	−0,18 %	99,59 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−86,13 %	−137,6 %	−1,04 %	26,25 %
Current Ratio	0,69	0,7	0,37	0,03
Quick Ratio	1,72	1,75	0,37	0,03
Equity Ratio	−0,12	−0,09	0,59	0,33
Gross Profit Margin	100 %	57,23 %	64,78 %	89,87 %