CIGNUS INSTRUMENTS AS

0379 OSLO

Finances

Share Ownership

Return on Equity

−101,98 %

Current Ratio

2,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	4 410 000	1 925 000	0
Net Income	−5 266 000	−2 496 000	−17 000
Total Assets	7 952 000	2 188 000	764 000
Total Equity	5 164 000	−1 278 000	660 000

Income (NOK)	2022	2021	2020
Revenue	4 410 000	1 925 000	0
Expenditure	9 670 000	4 413 000	23 000
Operating Profit	−5 261 000	−2 488 000	−23 000
Financial Income	1 000	0	0
Financial Costs	7 000	2 000	0
Financial Balance	−6 000	−2 000	0
Earnings Before Tax	−5 266 000	−2 490 000	−23 000
Tax	0	6 000	−6 000
Net Income	−5 266 000	−2 496 000	−17 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	148 000	227 000	82 000
Total Current Assets	7 804 000	1 962 000	682 000
Total Assets	7 952 000	2 188 000	764 000
Total Retained Equity	−7 785 000	−2 538 000	−41 000
Total Equity	5 164 000	−1 278 000	660 000
Total Long-Term Debt	0	612 000	0
Total Current Debt	2 788 000	2 854 000	103 000
Total Equity and Debt	7 952 000	2 188 000	764 000

Cash flow (NOK)	2022	2021	2020
Sales Income	190 000	0	0
Other Income	4 220 000	1 925 000	0
Revenue	4 410 000	1 925 000	0
Cost of Goods Sold	2 522 000	681 000	0
Salary Costs	5 176 000	2 898 000	0
Depreciation	63 000	26 000	6 000
Impairment	0	0	0
Expenditure	9 670 000	4 413 000	23 000
Operating Profit	−5 261 000	−2 488 000	−23 000
Financial Income	1 000	0	0
Financial Costs	7 000	2 000	0
Financial Balance	−6 000	−2 000	0
Dividends	0	0	0
Net Income	−5 266 000	−2 496 000	−17 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	40 000	46 000	58 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	108 000	181 000	24 000
Total Tangible Assets	108 000	181 000	24 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	148 000	227 000	82 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 736 000	389 000	682 000
Total Current Assets	7 804 000	1 962 000	682 000
Total Assets	7 952 000	2 188 000	764 000
Total Equity	5 164 000	−1 278 000	660 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	612 000	0
Creditors	1 740 000	640 000	10 000
Unpaid Taxes	392 000	140 000	0
Dividends	0	0	0
Other Current Debt	657 000	2 075 000	93 000
Total Current Debt	2 788 000	2 854 000	103 000
Total Equity and Debt	7 952 000	2 188 000	764 000

Financial indicators	2022	2021	2020
Return on Equity	−101,98 %	195,31 %	−2,58 %
Debt-to-Equity Ratio	0	−0,48	0
Operating Profit Margin	−119,3 %	−129,25 %	-
Current Ratio	2,8	0,69	6,62
Quick Ratio	2,8	0,69	6,62
Equity Ratio	0,65	−0,58	0,86
Gross Profit Margin	42,81 %	64,62 %	-