CERCEWI AS

7014 TRONDHEIM

Finances

Share Ownership

Return on Equity

59,8 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 842 000	1 661 000	1 317 000
Net Income	122 000	52 000	582 000
Total Assets	701 000	732 000	870 000
Total Equity	204 000	82 000	30 000

Income (NOK)	2022	2021	2020
Revenue	1 842 000	1 661 000	1 317 000
Expenditure	1 684 000	1 594 000	569 000
Operating Profit	158 000	67 000	747 000
Financial Income	0	0	1 000
Financial Costs	0	1 000	2 000
Financial Balance	0	−1 000	−1 000
Earnings Before Tax	158 000	66 000	747 000
Tax	36 000	15 000	164 000
Net Income	122 000	52 000	582 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	701 000	732 000	870 000
Total Assets	701 000	732 000	870 000
Total Retained Equity	174 000	52 000	0
Total Equity	204 000	82 000	30 000
Total Long-Term Debt	0	0	0
Total Current Debt	498 000	650 000	840 000
Total Equity and Debt	701 000	732 000	870 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 842 000	1 661 000	1 317 000
Other Income	0	0	0
Revenue	1 842 000	1 661 000	1 317 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 684 000	1 594 000	569 000
Operating Profit	158 000	67 000	747 000
Financial Income	0	0	1 000
Financial Costs	0	1 000	2 000
Financial Balance	0	−1 000	−1 000
Dividends	0	0	0
Net Income	122 000	52 000	582 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	358 000	383 000	288 000
Total Current Assets	701 000	732 000	870 000
Total Assets	701 000	732 000	870 000
Total Equity	204 000	82 000	30 000
Short-Term Group Debt	147 000	147 000	747 000
Total Long-Term Debt	0	0	0
Creditors	315 000	489 000	4 000
Unpaid Taxes	0	0	89 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	498 000	650 000	840 000
Total Equity and Debt	701 000	732 000	870 000

Financial indicators	2022	2021	2020
Return on Equity	59,8 %	63,41 %	1 940 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	8,58 %	4,03 %	56,72 %
Current Ratio	1,41	1,13	1,04
Quick Ratio	1,41	1,13	1,04
Equity Ratio	0,29	0,11	0,03
Gross Profit Margin	100 %	100 %	100 %