CIC OPERATIONS HAUGESUND AIRPORT AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

178,55 %

Current Ratio

0,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	34 516 000	29 512 000	4 726 000
Net Income	2 023 000	1 710 000	162 000
Total Assets	10 279 000	8 499 000	4 764 000
Total Equity	1 133 000	2 597 000	492 000

Income (NOK)	2022	2021	2020
Revenue	34 516 000	29 512 000	4 726 000
Expenditure	31 796 000	27 302 000	4 634 000
Operating Profit	2 720 000	2 209 000	213 000
Financial Income	23 000	49 000	5 000
Financial Costs	148 000	78 000	9 000
Financial Balance	−125 000	−29 000	−4 000
Earnings Before Tax	2 594 000	2 181 000	209 000
Tax	572 000	471 000	48 000
Net Income	2 023 000	1 710 000	162 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 320 000	1 237 000	1 000
Total Current Assets	7 959 000	7 261 000	4 762 000
Total Assets	10 279 000	8 499 000	4 764 000
Total Retained Equity	803 000	2 267 000	162 000
Total Equity	1 133 000	2 597 000	492 000
Total Long-Term Debt	0	19 000	1 350 000
Total Current Debt	9 146 000	5 883 000	2 922 000
Total Equity and Debt	10 279 000	8 499 000	4 764 000

Cash flow (NOK)	2022	2021	2020
Sales Income	31 120 000	24 930 000	4 726 000
Other Income	3 397 000	4 582 000	0
Revenue	34 516 000	29 512 000	4 726 000
Cost of Goods Sold	4 398 000	2 875 000	626 000
Salary Costs	9 700 000	7 334 000	1 532 000
Depreciation	109 000	25 000	0
Impairment	0	0	0
Expenditure	31 796 000	27 302 000	4 634 000
Operating Profit	2 720 000	2 209 000	213 000
Financial Income	23 000	49 000	5 000
Financial Costs	148 000	78 000	9 000
Financial Balance	−125 000	−29 000	−4 000
Dividends	0	0	0
Net Income	2 023 000	1 710 000	162 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	393 000	0	1 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 021 000	294 000	0
Total Tangible Assets	1 021 000	294 000	0
Total Fiancial Fixed Assets	906 000	944 000	0
Total Fixed Assets	2 320 000	1 237 000	1 000
Stock	201 000	288 000	187 000
Total Investments	0	0	0
Cash, Bank	2 524 000	2 171 000	1 840 000
Total Current Assets	7 959 000	7 261 000	4 762 000
Total Assets	10 279 000	8 499 000	4 764 000
Total Equity	1 133 000	2 597 000	492 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	19 000	1 350 000
Creditors	2 402 000	1 919 000	1 521 000
Unpaid Taxes	615 000	530 000	312 000
Dividends	0	0	0
Other Current Debt	6 129 000	3 379 000	1 040 000
Total Current Debt	9 146 000	5 883 000	2 922 000
Total Equity and Debt	10 279 000	8 499 000	4 764 000

Financial indicators	2022	2021	2020
Return on Equity	178,55 %	65,85 %	32,93 %
Debt-to-Equity Ratio	0	0,01	2,74
Operating Profit Margin	7,88 %	7,49 %	4,51 %
Current Ratio	0,87	1,23	1,63
Quick Ratio	0,89	1,3	1,74
Equity Ratio	0,11	0,31	0,1
Gross Profit Margin	87,26 %	90,26 %	86,75 %