CTS NORDICS AS

0661 OSLO

Finances

Share Ownership

Return on Equity

127,65 %

Current Ratio

0,95

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	908 999 000	131 683 000	361 727 000	0
Net Income	41 438 000	22 472 000	16 997 000	−464 000
Total Assets	547 703 000	90 444 000	114 450 000	55 591 000
Total Equity	32 462 000	31 024 000	16 562 000	−434 000

Income (NOK)	2022	2021	2020	2019
Revenue	908 999 000	131 683 000	361 727 000	0
Expenditure	857 910 000	103 251 000	341 239 000	595 000
Operating Profit	51 089 000	28 432 000	20 489 000	−595 000
Financial Income	2 683 000	9 000	0	0
Financial Costs	721 000	36 000	31 000	0
Financial Balance	1 962 000	−27 000	−31 000	0
Earnings Before Tax	53 051 000	28 405 000	20 458 000	−595 000
Tax	11 613 000	5 934 000	3 461 000	−131 000
Net Income	41 438 000	22 472 000	16 997 000	−464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 821 000	35 960 000	945 000	691 000
Total Current Assets	485 882 000	54 484 000	113 505 000	54 900 000
Total Assets	547 703 000	90 444 000	114 450 000	55 591 000
Total Retained Equity	31 442 000	30 004 000	16 532 000	−464 000
Total Equity	32 462 000	31 024 000	16 562 000	−434 000
Total Long-Term Debt	5 527 000	423 000	3 330 000	0
Total Current Debt	509 714 000	58 998 000	94 557 000	56 026 000
Total Equity and Debt	547 703 000	90 444 000	114 450 000	55 591 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	908 999 000	131 683 000	361 727 000	0
Other Income	0	0	0	0
Revenue	908 999 000	131 683 000	361 727 000	0
Cost of Goods Sold	777 035 000	93 674 000	335 319 000	0
Salary Costs	15 874 000	4 107 000	2 625 000	0
Depreciation	4 416 000	236 000	166 000	29 000
Impairment	0	0	0	0
Expenditure	857 910 000	103 251 000	341 239 000	595 000
Operating Profit	51 089 000	28 432 000	20 489 000	−595 000
Financial Income	2 683 000	9 000	0	0
Financial Costs	721 000	36 000	31 000	0
Financial Balance	1 962 000	−27 000	−31 000	0
Dividends	40 000 000	9 000 000	0	0
Net Income	41 438 000	22 472 000	16 997 000	−464 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 500 000	35 000 000	0	131 000
Real Eastate	6 302 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 034 000	960 000	945 000	560 000
Total Tangible Assets	10 336 000	960 000	945 000	560 000
Total Fiancial Fixed Assets	19 985 000	0	0	0
Total Fixed Assets	61 821 000	35 960 000	945 000	691 000
Stock	0	0	0	33 647 000
Total Investments	0	0	0	0
Cash, Bank	74 470 000	24 093 000	0	0
Total Current Assets	485 882 000	54 484 000	113 505 000	54 900 000
Total Assets	547 703 000	90 444 000	114 450 000	55 591 000
Total Equity	32 462 000	31 024 000	16 562 000	−434 000
Short-Term Group Debt	0	0	0	8 994 000
Total Long-Term Debt	5 527 000	423 000	3 330 000	0
Creditors	249 961 000	30 566 000	75 272 000	18 109 000
Unpaid Taxes	47 530 000	298 000	952 000	0
Dividends	40 000 000	9 000 000	0	0
Other Current Debt	166 072 000	10 293 000	18 333 000	28 923 000
Total Current Debt	509 714 000	58 998 000	94 557 000	56 026 000
Total Equity and Debt	547 703 000	90 444 000	114 450 000	55 591 000

Financial indicators	2022	2021	2020	2019
Return on Equity	127,65 %	72,43 %	102,63 %	106,91 %
Debt-to-Equity Ratio	0,17	0,01	0,2	−0
Operating Profit Margin	5,62 %	21,59 %	5,66 %	-
Current Ratio	0,95	0,92	1,2	0,98
Quick Ratio	0,95	0,92	1,2	2,45
Equity Ratio	0,06	0,34	0,14	−0,01
Gross Profit Margin	14,52 %	28,86 %	7,3 %	-