CINGULUM AS

6250 STORDAL

Finances

Share Ownership

Return on Equity

−2,47 %

Current Ratio

2,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 380 000	1 387 000	565 000
Net Income	−7 000	122 000	138 000
Total Assets	427 000	372 000	244 000
Total Equity	283 000	290 000	168 000

Income (NOK)	2022	2021	2020
Revenue	1 380 000	1 387 000	565 000
Expenditure	1 380 000	1 335 000	385 000
Operating Profit	0	52 000	179 000
Financial Income	−1 000	106 000	0
Financial Costs	6 000	1 000	1 000
Financial Balance	−7 000	105 000	−1 000
Earnings Before Tax	−7 000	157 000	178 000
Tax	0	35 000	41 000
Net Income	−7 000	122 000	138 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	22 000	0	0
Total Current Assets	405 000	372 000	244 000
Total Assets	427 000	372 000	244 000
Total Retained Equity	253 000	260 000	138 000
Total Equity	283 000	290 000	168 000
Total Long-Term Debt	0	0	0
Total Current Debt	144 000	82 000	77 000
Total Equity and Debt	427 000	372 000	244 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 361 000	1 296 000	565 000
Other Income	19 000	90 000	0
Revenue	1 380 000	1 387 000	565 000
Cost of Goods Sold	448 000	318 000	136 000
Salary Costs	335 000	313 000	0
Depreciation	2 000	0	0
Impairment	0	0	0
Expenditure	1 380 000	1 335 000	385 000
Operating Profit	0	52 000	179 000
Financial Income	−1 000	106 000	0
Financial Costs	6 000	1 000	1 000
Financial Balance	−7 000	105 000	−1 000
Dividends	0	0	0
Net Income	−7 000	122 000	138 000

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	22 000	0	0
Total Tangible Assets	22 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	22 000	0	0
Stock	467 000	293 000	189 000
Total Investments	0	0	0
Cash, Bank	−84 000	64 000	54 000
Total Current Assets	405 000	372 000	244 000
Total Assets	427 000	372 000	244 000
Total Equity	283 000	290 000	168 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	21 000	−36 000	9 000
Unpaid Taxes	46 000	49 000	18 000
Dividends	0	0	0
Other Current Debt	76 000	34 000	10 000
Total Current Debt	144 000	82 000	77 000
Total Equity and Debt	427 000	372 000	244 000

Financial indicators	2022	2021	2020
Return on Equity	−2,47 %	42,07 %	82,14 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	0 %	3,75 %	31,68 %
Current Ratio	2,81	4,54	3,17
Quick Ratio	−1,25	−1,76	−2,18
Equity Ratio	0,66	0,78	0,69
Gross Profit Margin	67,54 %	77,07 %	75,93 %