CIPHER BERGEN AS

5011 BERGEN

Finances

Share Ownership

Return on Equity

1,71 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	24 883 000	17 610 000	5 399 000
Net Income	30 000	846 000	431 000
Total Assets	7 557 000	5 308 000	3 362 000
Total Equity	1 754 000	1 762 000	984 000

Income (NOK)	2022	2021	2020
Revenue	24 883 000	17 610 000	5 399 000
Expenditure	24 820 000	16 480 000	4 845 000
Operating Profit	63 000	1 130 000	554 000
Financial Income	10 000	13 000	7 000
Financial Costs	31 000	54 000	10 000
Financial Balance	−21 000	−41 000	−3 000
Earnings Before Tax	43 000	1 089 000	552 000
Tax	12 000	243 000	120 000
Net Income	30 000	846 000	431 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	751 000	358 000	190 000
Total Current Assets	6 806 000	4 950 000	3 171 000
Total Assets	7 557 000	5 308 000	3 362 000
Total Retained Equity	1 154 000	1 162 000	384 000
Total Equity	1 754 000	1 762 000	984 000
Total Long-Term Debt	24 000	22 000	10 000
Total Current Debt	5 779 000	3 524 000	2 367 000
Total Equity and Debt	7 557 000	5 308 000	3 362 000

Cash flow (NOK)	2022	2021	2020
Sales Income	24 883 000	17 604 000	5 399 000
Other Income	0	6 000	0
Revenue	24 883 000	17 610 000	5 399 000
Cost of Goods Sold	7 099 000	3 826 000	842 000
Salary Costs	14 964 000	10 770 000	3 653 000
Depreciation	230 000	93 000	10 000
Impairment	0	0	0
Expenditure	24 820 000	16 480 000	4 845 000
Operating Profit	63 000	1 130 000	554 000
Financial Income	10 000	13 000	7 000
Financial Costs	31 000	54 000	10 000
Financial Balance	−21 000	−41 000	−3 000
Dividends	0	0	0
Net Income	30 000	846 000	431 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	15 000	21 000	27 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	654 000	338 000	164 000
Total Tangible Assets	654 000	338 000	164 000
Total Fiancial Fixed Assets	83 000	0	0
Total Fixed Assets	751 000	358 000	190 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 160 000	1 519 000	1 441 000
Total Current Assets	6 806 000	4 950 000	3 171 000
Total Assets	7 557 000	5 308 000	3 362 000
Total Equity	1 754 000	1 762 000	984 000
Short-Term Group Debt	204 000	85 000	216 000
Total Long-Term Debt	24 000	22 000	10 000
Creditors	2 057 000	683 000	221 000
Unpaid Taxes	1 714 000	1 199 000	258 000
Dividends	0	0	0
Other Current Debt	1 510 000	1 345 000	1 574 000
Total Current Debt	5 779 000	3 524 000	2 367 000
Total Equity and Debt	7 557 000	5 308 000	3 362 000

Financial indicators	2022	2021	2020
Return on Equity	1,71 %	48,01 %	43,8 %
Debt-to-Equity Ratio	0,01	0,01	0,01
Operating Profit Margin	0,25 %	6,42 %	10,26 %
Current Ratio	1,18	1,4	1,34
Quick Ratio	1,18	1,4	1,34
Equity Ratio	0,23	0,33	0,29
Gross Profit Margin	71,47 %	78,27 %	84,4 %