CIC OPERATIONS AS

0353 OSLO

Finances

Return on Equity

−2 549,44 %

Current Ratio

2,67

Debt-to-Equity Ratio

32,76

Key figures (NOK)	2022	2021	2020
Revenue	6 012 000	4 017 000	1 845 000
Net Income	−4 589 000	356 000	135 000
Total Assets	9 025 000	1 598 000	1 419 000
Total Equity	180 000	188 000	183 000

Income (NOK)	2022	2021	2020
Revenue	6 012 000	4 017 000	1 845 000
Expenditure	11 859 000	3 537 000	1 669 000
Operating Profit	−5 846 000	480 000	175 000
Financial Income	1 000	15 000	6 000
Financial Costs	34 000	24 000	8 000
Financial Balance	−33 000	−9 000	−2 000
Earnings Before Tax	−5 879 000	471 000	173 000
Tax	−1 290 000	115 000	38 000
Net Income	−4 589 000	356 000	135 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 164 000	906 000	1 320 000
Total Current Assets	7 862 000	692 000	99 000
Total Assets	9 025 000	1 598 000	1 419 000
Total Retained Equity	132 000	140 000	135 000
Total Equity	180 000	188 000	183 000
Total Long-Term Debt	5 897 000	0	800 000
Total Current Debt	2 948 000	1 410 000	436 000
Total Equity and Debt	9 025 000	1 598 000	1 419 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 012 000	4 017 000	1 822 000
Other Income	0	0	23 000
Revenue	6 012 000	4 017 000	1 845 000
Cost of Goods Sold	0	0	0
Salary Costs	8 364 000	1 878 000	849 000
Depreciation	34 000	0	0
Impairment	0	0	0
Expenditure	11 859 000	3 537 000	1 669 000
Operating Profit	−5 846 000	480 000	175 000
Financial Income	1 000	15 000	6 000
Financial Costs	34 000	24 000	8 000
Financial Balance	−33 000	−9 000	−2 000
Dividends	0	0	0
Net Income	−4 589 000	356 000	135 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	525 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	182 000	0	0
Total Tangible Assets	182 000	0	0
Total Fiancial Fixed Assets	457 000	906 000	1 320 000
Total Fixed Assets	1 164 000	906 000	1 320 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 380 000	326 000	257 000
Total Current Assets	7 862 000	692 000	99 000
Total Assets	9 025 000	1 598 000	1 419 000
Total Equity	180 000	188 000	183 000
Short-Term Group Debt	0	0	52 000
Total Long-Term Debt	5 897 000	0	800 000
Creditors	383 000	109 000	25 000
Unpaid Taxes	852 000	254 000	126 000
Dividends	0	0	0
Other Current Debt	1 713 000	1 031 000	195 000
Total Current Debt	2 948 000	1 410 000	436 000
Total Equity and Debt	9 025 000	1 598 000	1 419 000

Financial indicators	2022	2021	2020
Return on Equity	−2 549,44 %	189,36 %	73,77 %
Debt-to-Equity Ratio	32,76	0	4,37
Operating Profit Margin	−97,24 %	11,95 %	9,49 %
Current Ratio	2,67	0,49	0,23
Quick Ratio	2,67	0,49	0,23
Equity Ratio	0,02	0,12	0,13
Gross Profit Margin	100 %	100 %	100 %