CITY ASIAMAT AS

3717 SKIEN

Finances

Share Ownership

Return on Equity

−542,86 %

Current Ratio

3,12

Debt-to-Equity Ratio

13,6

Key figures (NOK)	2022	2021	2020
Revenue	4 414 000	4 149 000	2 441 000
Net Income	−190 000	469 000	−268 000
Total Assets	739 000	801 000	230 000
Total Equity	35 000	225 000	−244 000

Income (NOK)	2022	2021	2020
Revenue	4 414 000	4 149 000	2 441 000
Expenditure	4 604 000	3 622 000	2 706 000
Operating Profit	−189 000	528 000	−265 000
Financial Income	0	0	0
Financial Costs	1 000	0	3 000
Financial Balance	−1 000	0	−3 000
Earnings Before Tax	−190 000	528 000	−268 000
Tax	0	59 000	0
Net Income	−190 000	469 000	−268 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	28 000	59 000	15 000
Total Current Assets	711 000	742 000	215 000
Total Assets	739 000	801 000	230 000
Total Retained Equity	11 000	201 000	−268 000
Total Equity	35 000	225 000	−244 000
Total Long-Term Debt	476 000	346 000	281 000
Total Current Debt	228 000	230 000	193 000
Total Equity and Debt	739 000	801 000	230 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 409 000	4 149 000	2 441 000
Other Income	5 000	0	0
Revenue	4 414 000	4 149 000	2 441 000
Cost of Goods Sold	3 496 000	2 738 000	2 397 000
Salary Costs	515 000	447 000	0
Depreciation	31 000	29 000	6 000
Impairment	0	0	0
Expenditure	4 604 000	3 622 000	2 706 000
Operating Profit	−189 000	528 000	−265 000
Financial Income	0	0	0
Financial Costs	1 000	0	3 000
Financial Balance	−1 000	0	−3 000
Dividends	0	0	0
Net Income	−190 000	469 000	−268 000

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	28 000	59 000	15 000
Total Tangible Assets	28 000	59 000	15 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	28 000	59 000	15 000
Stock	578 000	696 000	0
Total Investments	0	0	0
Cash, Bank	96 000	46 000	202 000
Total Current Assets	711 000	742 000	215 000
Total Assets	739 000	801 000	230 000
Total Equity	35 000	225 000	−244 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	476 000	346 000	281 000
Creditors	100 000	1 000	194 000
Unpaid Taxes	38 000	50 000	0
Dividends	0	0	0
Other Current Debt	90 000	120 000	−1 000
Total Current Debt	228 000	230 000	193 000
Total Equity and Debt	739 000	801 000	230 000

Financial indicators	2022	2021	2020
Return on Equity	−542,86 %	208,44 %	109,84 %
Debt-to-Equity Ratio	13,6	1,54	−1,15
Operating Profit Margin	−4,28 %	12,73 %	−10,86 %
Current Ratio	3,12	3,23	1,11
Quick Ratio	−2,03	−1,59	1,11
Equity Ratio	0,05	0,28	−1,06
Gross Profit Margin	20,8 %	34,01 %	1,8 %