COITIO GRUPPEN AS

5068 BERGEN

Finances

Return on Equity

203,91 %

Current Ratio

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 355 000	32 970 000	22 151 000	12 669 000
Net Income	4 951 000	2 828 000	1 438 000	384 000
Total Assets	17 347 000	11 592 000	7 086 000	2 337 000
Total Equity	2 428 000	77 000	1 847 000	409 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 355 000	32 970 000	22 151 000	12 669 000
Expenditure	39 966 000	29 214 000	20 200 000	12 139 000
Operating Profit	4 389 000	3 755 000	1 951 000	530 000
Financial Income	1 737 000	9 000	11 000	2 000
Financial Costs	92 000	62 000	39 000	1 000
Financial Balance	1 645 000	−53 000	−28 000	1 000
Earnings Before Tax	6 034 000	3 703 000	1 923 000	531 000
Tax	1 083 000	874 000	485 000	147 000
Net Income	4 951 000	2 828 000	1 438 000	384 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 809 000	2 837 000	178 000	78 000
Total Current Assets	13 537 000	8 754 000	6 907 000	2 259 000
Total Assets	17 347 000	11 592 000	7 086 000	2 337 000
Total Retained Equity	2 404 000	52 000	1 822 000	384 000
Total Equity	2 428 000	77 000	1 847 000	409 000
Total Long-Term Debt	1 362 000	1 437 000	0	2 000
Total Current Debt	13 557 000	10 078 000	5 239 000	1 927 000
Total Equity and Debt	17 347 000	11 592 000	7 086 000	2 337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 158 000	32 912 000	22 151 000	12 669 000
Other Income	197 000	57 000	0	0
Revenue	44 355 000	32 970 000	22 151 000	12 669 000
Cost of Goods Sold	24 820 000	2 611 000	3 026 000	4 236 000
Salary Costs	8 261 000	20 363 000	13 020 000	5 365 000
Depreciation	218 000	185 000	98 000	18 000
Impairment	0	0	0	0
Expenditure	39 966 000	29 214 000	20 200 000	12 139 000
Operating Profit	4 389 000	3 755 000	1 951 000	530 000
Financial Income	1 737 000	9 000	11 000	2 000
Financial Costs	92 000	62 000	39 000	1 000
Financial Balance	1 645 000	−53 000	−28 000	1 000
Dividends	2 600 000	4 598 000	0	0
Net Income	4 951 000	2 828 000	1 438 000	384 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 502 000	2 502 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	253 000	335 000	178 000	78 000
Total Tangible Assets	2 755 000	2 837 000	178 000	78 000
Total Fiancial Fixed Assets	1 055 000	0	0	0
Total Fixed Assets	3 809 000	2 837 000	178 000	78 000
Stock	0	0	175 000	0
Total Investments	0	0	0	0
Cash, Bank	536 000	2 677 000	2 943 000	1 088 000
Total Current Assets	13 537 000	8 754 000	6 907 000	2 259 000
Total Assets	17 347 000	11 592 000	7 086 000	2 337 000
Total Equity	2 428 000	77 000	1 847 000	409 000
Short-Term Group Debt	855 000	0	0	0
Total Long-Term Debt	1 362 000	1 437 000	0	2 000
Creditors	7 596 000	344 000	256 000	19 000
Unpaid Taxes	726 000	2 860 000	2 880 000	649 000
Dividends	2 600 000	4 598 000	0	0
Other Current Debt	884 000	3 239 000	1 617 000	1 114 000
Total Current Debt	13 557 000	10 078 000	5 239 000	1 927 000
Total Equity and Debt	17 347 000	11 592 000	7 086 000	2 337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	203,91 %	3 672,73 %	77,86 %	93,89 %
Debt-to-Equity Ratio	0,56	18,66	0	0
Operating Profit Margin	9,9 %	11,39 %	8,81 %	4,18 %
Current Ratio	1	0,87	1,32	1,17
Quick Ratio	1	0,87	1,36	1,17
Equity Ratio	0,14	0,01	0,26	0,18
Gross Profit Margin	44,04 %	92,08 %	86,34 %	66,56 %