CIC OPERATIONS HAUGESUND AS

5525 HAUGESUND

Finances

Share Ownership

Return on Equity

2 326,9 %

Current Ratio

0,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	17 021 000	10 849 000	5 142 000
Net Income	3 374 000	975 000	−486 000
Total Assets	6 677 000	3 049 000	2 111 000
Total Equity	145 000	197 000	−474 000

Income (NOK)	2022	2021	2020
Revenue	17 021 000	10 849 000	5 142 000
Expenditure	12 747 000	9 746 000	5 594 000
Operating Profit	4 274 000	1 103 000	−452 000
Financial Income	61 000	2 000	1 000
Financial Costs	10 000	41 000	35 000
Financial Balance	51 000	−39 000	−34 000
Earnings Before Tax	4 325 000	1 064 000	−486 000
Tax	952 000	89 000	0
Net Income	3 374 000	975 000	−486 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 099 000	1 488 000	238 000
Total Current Assets	1 579 000	1 561 000	1 873 000
Total Assets	6 677 000	3 049 000	2 111 000
Total Retained Equity	115 000	167 000	−504 000
Total Equity	145 000	197 000	−474 000
Total Long-Term Debt	0	1 325 000	1 700 000
Total Current Debt	6 532 000	1 527 000	885 000
Total Equity and Debt	6 677 000	3 049 000	2 111 000

Cash flow (NOK)	2022	2021	2020
Sales Income	9 858 000	10 510 000	4 987 000
Other Income	7 162 000	340 000	155 000
Revenue	17 021 000	10 849 000	5 142 000
Cost of Goods Sold	1 008 000	1 637 000	309 000
Salary Costs	3 085 000	3 002 000	2 041 000
Depreciation	162 000	130 000	10 000
Impairment	0	0	0
Expenditure	12 747 000	9 746 000	5 594 000
Operating Profit	4 274 000	1 103 000	−452 000
Financial Income	61 000	2 000	1 000
Financial Costs	10 000	41 000	35 000
Financial Balance	51 000	−39 000	−34 000
Dividends	0	0	0
Net Income	3 374 000	975 000	−486 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	12 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	471 000	157 000	238 000
Total Tangible Assets	471 000	157 000	238 000
Total Fiancial Fixed Assets	4 616 000	1 331 000	0
Total Fixed Assets	5 099 000	1 488 000	238 000
Stock	38 000	77 000	62 000
Total Investments	0	0	0
Cash, Bank	1 014 000	726 000	336 000
Total Current Assets	1 579 000	1 561 000	1 873 000
Total Assets	6 677 000	3 049 000	2 111 000
Total Equity	145 000	197 000	−474 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 325 000	1 700 000
Creditors	504 000	409 000	277 000
Unpaid Taxes	147 000	183 000	171 000
Dividends	0	0	0
Other Current Debt	5 881 000	935 000	437 000
Total Current Debt	6 532 000	1 527 000	885 000
Total Equity and Debt	6 677 000	3 049 000	2 111 000

Financial indicators	2022	2021	2020
Return on Equity	2 326,9 %	494,92 %	102,53 %
Debt-to-Equity Ratio	0	6,73	−3,59
Operating Profit Margin	25,11 %	10,17 %	−8,79 %
Current Ratio	0,24	1,02	2,12
Quick Ratio	0,24	1,08	2,28
Equity Ratio	0,02	0,06	−0,22
Gross Profit Margin	94,08 %	84,91 %	93,99 %