CNC NORWAY AS

5130 NYBORG

Finances

Share Ownership

Return on Equity

−1 218,75 %

Current Ratio

2,54

Debt-to-Equity Ratio

34,13

Key figures (NOK)	2022	2021	2020
Revenue	9 874 000	831 000	73 000
Net Income	−195 000	142 000	−31 000
Total Assets	927 000	1 016 000	81 000
Total Equity	16 000	211 000	69 000

Income (NOK)	2022	2021	2020
Revenue	9 874 000	831 000	73 000
Expenditure	10 014 000	630 000	104 000
Operating Profit	−140 000	201 000	−31 000
Financial Income	2 000	−27 000	0
Financial Costs	57 000	0	0
Financial Balance	−55 000	−27 000	0
Earnings Before Tax	−195 000	174 000	−31 000
Tax	0	31 000	0
Net Income	−195 000	142 000	−31 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	927 000	1 016 000	81 000
Total Assets	927 000	1 016 000	81 000
Total Retained Equity	−84 000	111 000	−31 000
Total Equity	16 000	211 000	69 000
Total Long-Term Debt	546 000	0	0
Total Current Debt	365 000	804 000	12 000
Total Equity and Debt	927 000	1 016 000	81 000

Cash flow (NOK)	2022	2021	2020
Sales Income	9 874 000	831 000	73 000
Other Income	0	0	0
Revenue	9 874 000	831 000	73 000
Cost of Goods Sold	7 287 000	591 000	14 000
Salary Costs	989 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	10 014 000	630 000	104 000
Operating Profit	−140 000	201 000	−31 000
Financial Income	2 000	−27 000	0
Financial Costs	57 000	0	0
Financial Balance	−55 000	−27 000	0
Dividends	0	0	0
Net Income	−195 000	142 000	−31 000

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	400 000	0	0
Total Investments	0	0	0
Cash, Bank	15 000	1 000	81 000
Total Current Assets	927 000	1 016 000	81 000
Total Assets	927 000	1 016 000	81 000
Total Equity	16 000	211 000	69 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	546 000	0	0
Creditors	159 000	0	6 000
Unpaid Taxes	68 000	0	6 000
Dividends	0	0	0
Other Current Debt	137 000	773 000	0
Total Current Debt	365 000	804 000	12 000
Total Equity and Debt	927 000	1 016 000	81 000

Financial indicators	2022	2021	2020
Return on Equity	−1 218,75 %	67,3 %	−44,93 %
Debt-to-Equity Ratio	34,13	0	0
Operating Profit Margin	−1,42 %	24,19 %	−42,47 %
Current Ratio	2,54	1,26	6,75
Quick Ratio	−26,49	1,26	6,75
Equity Ratio	0,02	0,21	0,85
Gross Profit Margin	26,2 %	28,88 %	80,82 %