CC TEKSTILSERVICE AS

3077 SANDE I VESTFOLD

Finances

Return on Equity

15,02 %

Current Ratio

4,2

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	24 747 000	20 434 000	19 081 000
Net Income	2 718 000	2 834 000	2 312 000
Total Assets	23 738 000	22 151 000	18 689 000
Total Equity	18 093 000	16 145 000	13 311 000

Income (NOK)	2022	2021	2020
Revenue	24 747 000	20 434 000	19 081 000
Expenditure	20 678 000	16 825 000	16 020 000
Operating Profit	4 068 000	3 609 000	3 061 000
Financial Income	26 000	168 000	59 000
Financial Costs	331 000	79 000	73 000
Financial Balance	−305 000	89 000	−14 000
Earnings Before Tax	3 763 000	3 697 000	3 048 000
Tax	1 045 000	864 000	736 000
Net Income	2 718 000	2 834 000	2 312 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 771 000	1 396 000	1 590 000
Total Current Assets	21 967 000	20 755 000	17 099 000
Total Assets	23 738 000	22 151 000	18 689 000
Total Retained Equity	17 593 000	15 645 000	13 250 000
Total Equity	18 093 000	16 145 000	13 311 000
Total Long-Term Debt	417 000	957 000	1 490 000
Total Current Debt	5 228 000	5 049 000	3 887 000
Total Equity and Debt	23 738 000	22 151 000	18 689 000

Cash flow (NOK)	2022	2021	2020
Sales Income	24 747 000	20 655 000	18 842 000
Other Income	0	−221 000	239 000
Revenue	24 747 000	20 434 000	19 081 000
Cost of Goods Sold	746 000	686 000	808 000
Salary Costs	12 443 000	9 581 000	9 614 000
Depreciation	748 000	1 011 000	1 058 000
Impairment	900 000	0	0
Expenditure	20 678 000	16 825 000	16 020 000
Operating Profit	4 068 000	3 609 000	3 061 000
Financial Income	26 000	168 000	59 000
Financial Costs	331 000	79 000	73 000
Financial Balance	−305 000	89 000	−14 000
Dividends	770 000	0	0
Net Income	2 718 000	2 834 000	2 312 000

Balance details (NOK)	2022	2021	2020
Goodwill	384 000	546 000	327 000
Total Intangible Assets	384 000	546 000	327 000
Real Eastate	132 000	0	0
Machinery and Plant Facilities	28 000	53 000	74 000
Fixtures	1 133 000	798 000	1 190 000
Total Tangible Assets	1 293 000	851 000	1 263 000
Total Fiancial Fixed Assets	95 000	0	0
Total Fixed Assets	1 771 000	1 396 000	1 590 000
Stock	9 425 000	7 644 000	6 033 000
Total Investments	1 853 000	2 137 000	0
Cash, Bank	36 000	2 883 000	4 918 000
Total Current Assets	21 967 000	20 755 000	17 099 000
Total Assets	23 738 000	22 151 000	18 689 000
Total Equity	18 093 000	16 145 000	13 311 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	417 000	957 000	1 490 000
Creditors	1 103 000	1 401 000	697 000
Unpaid Taxes	1 619 000	1 632 000	1 513 000
Dividends	770 000	0	0
Other Current Debt	1 461 000	1 152 000	941 000
Total Current Debt	5 228 000	5 049 000	3 887 000
Total Equity and Debt	23 738 000	22 151 000	18 689 000

Financial indicators	2022	2021	2020
Return on Equity	15,02 %	17,55 %	17,37 %
Debt-to-Equity Ratio	0,02	0,06	0,11
Operating Profit Margin	16,44 %	17,66 %	16,04 %
Current Ratio	4,2	4,11	4,4
Quick Ratio	−5,23	−8	−7,97
Equity Ratio	0,76	0,73	0,71
Gross Profit Margin	96,99 %	96,64 %	95,77 %