CENTRIC IT ACADEMY AS

2317 HAMAR

Finances

Share Ownership

Return on Equity

53,79 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020
Revenue	10 937 000	6 446 000	2 120 000
Net Income	341 000	−294 000	160 000
Total Assets	2 636 000	1 950 000	887 000
Total Equity	634 000	293 000	33 000

Income (NOK)	2022	2021	2020
Revenue	10 937 000	6 446 000	2 120 000
Expenditure	10 496 000	6 816 000	1 916 000
Operating Profit	441 000	−371 000	204 000
Financial Income	15 000	1 000	0
Financial Costs	13 000	4 000	0
Financial Balance	2 000	−3 000	0
Earnings Before Tax	444 000	−374 000	204 000
Tax	102 000	−80 000	44 000
Net Income	341 000	−294 000	160 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	699 000	719 000	36 000
Total Current Assets	1 938 000	1 231 000	851 000
Total Assets	2 636 000	1 950 000	887 000
Total Retained Equity	56 000	−285 000	9 000
Total Equity	634 000	293 000	33 000
Total Long-Term Debt	600 000	622 000	1 000
Total Current Debt	1 402 000	1 035 000	853 000
Total Equity and Debt	2 636 000	1 950 000	887 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 897 000	3 902 000	2 120 000
Other Income	4 040 000	2 543 000	0
Revenue	10 937 000	6 446 000	2 120 000
Cost of Goods Sold	1 971 000	373 000	30 000
Salary Costs	2 595 000	2 348 000	980 000
Depreciation	291 000	134 000	4 000
Impairment	0	0	0
Expenditure	10 496 000	6 816 000	1 916 000
Operating Profit	441 000	−371 000	204 000
Financial Income	15 000	1 000	0
Financial Costs	13 000	4 000	0
Financial Balance	2 000	−3 000	0
Dividends	0	0	0
Net Income	341 000	−294 000	160 000

Balance details (NOK)	2022	2021	2020
Goodwill	20 000	28 000	36 000
Total Intangible Assets	47 000	28 000	36 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	651 000	691 000	0
Total Tangible Assets	651 000	691 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	699 000	719 000	36 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	98 000	93 000	59 000
Total Current Assets	1 938 000	1 231 000	851 000
Total Assets	2 636 000	1 950 000	887 000
Total Equity	634 000	293 000	33 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	600 000	622 000	1 000
Creditors	430 000	396 000	413 000
Unpaid Taxes	195 000	194 000	99 000
Dividends	0	0	0
Other Current Debt	626 000	445 000	341 000
Total Current Debt	1 402 000	1 035 000	853 000
Total Equity and Debt	2 636 000	1 950 000	887 000

Financial indicators	2022	2021	2020
Return on Equity	53,79 %	−100,34 %	484,85 %
Debt-to-Equity Ratio	0,95	2,12	0,03
Operating Profit Margin	4,03 %	−5,76 %	9,62 %
Current Ratio	1,38	1,19	1
Quick Ratio	1,38	1,19	1
Equity Ratio	0,24	0,15	0,04
Gross Profit Margin	81,98 %	94,21 %	98,58 %