CUTRIN NORGE PARTNER AS

7093 TILLER

Finances

Return on Equity

35,65 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 159 000	105 979 000	92 150 000	85 078 000
Net Income	15 667 000	12 202 000	7 706 000	5 664 000
Total Assets	81 291 000	67 179 000	55 752 000	51 204 000
Total Equity	43 943 000	52 042 000	44 840 000	42 134 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 159 000	105 979 000	92 150 000	85 078 000
Expenditure	93 383 000	91 204 000	83 134 000	78 733 000
Operating Profit	18 775 000	14 775 000	9 016 000	6 344 000
Financial Income	1 157 000	871 000	883 000	997 000
Financial Costs	12 000	14 000	13 000	73 000
Financial Balance	1 145 000	857 000	870 000	924 000
Earnings Before Tax	19 921 000	15 632 000	9 886 000	7 268 000
Tax	4 254 000	3 431 000	2 179 000	1 604 000
Net Income	15 667 000	12 202 000	7 706 000	5 664 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 042 000	12 653 000	9 076 000	9 441 000
Total Current Assets	74 249 000	54 525 000	46 676 000	41 762 000
Total Assets	81 291 000	67 179 000	55 752 000	51 204 000
Total Retained Equity	43 543 000	51 642 000	44 440 000	41 734 000
Total Equity	43 943 000	52 042 000	44 840 000	42 134 000
Total Long-Term Debt	700 000	2 084 000	674 000	671 000
Total Current Debt	36 648 000	13 053 000	10 238 000	8 399 000
Total Equity and Debt	81 291 000	67 179 000	55 752 000	51 204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	111 332 000	105 142 000	91 398 000	84 660 000
Other Income	827 000	838 000	752 000	418 000
Revenue	112 159 000	105 979 000	92 150 000	85 078 000
Cost of Goods Sold	57 731 000	59 384 000	55 479 000	52 222 000
Salary Costs	19 255 000	17 780 000	15 787 000	15 049 000
Depreciation	1 772 000	1 329 000	979 000	864 000
Impairment	0	0	0	0
Expenditure	93 383 000	91 204 000	83 134 000	78 733 000
Operating Profit	18 775 000	14 775 000	9 016 000	6 344 000
Financial Income	1 157 000	871 000	883 000	997 000
Financial Costs	12 000	14 000	13 000	73 000
Financial Balance	1 145 000	857 000	870 000	924 000
Dividends	0	0	0	0
Net Income	15 667 000	12 202 000	7 706 000	5 664 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 822 000	2 343 000	0	0
Total Intangible Assets	1 991 000	2 791 000	189 000	143 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	2 000	7 000
Fixtures	3 783 000	3 488 000	2 506 000	2 941 000
Total Tangible Assets	3 783 000	3 488 000	2 508 000	2 948 000
Total Fiancial Fixed Assets	1 268 000	6 374 000	6 380 000	6 350 000
Total Fixed Assets	7 042 000	12 653 000	9 076 000	9 441 000
Stock	24 758 000	17 070 000	18 799 000	17 918 000
Total Investments	0	180 000	180 000	180 000
Cash, Bank	39 151 000	26 285 000	18 009 000	16 380 000
Total Current Assets	74 249 000	54 525 000	46 676 000	41 762 000
Total Assets	81 291 000	67 179 000	55 752 000	51 204 000
Total Equity	43 943 000	52 042 000	44 840 000	42 134 000
Short-Term Group Debt	23 000 000	0	0	0
Total Long-Term Debt	700 000	2 084 000	674 000	671 000
Creditors	878 000	772 000	1 115 000	863 000
Unpaid Taxes	5 160 000	4 983 000	4 472 000	3 762 000
Dividends	0	0	0	0
Other Current Debt	3 635 000	3 607 000	2 426 000	2 165 000
Total Current Debt	36 648 000	13 053 000	10 238 000	8 399 000
Total Equity and Debt	81 291 000	67 179 000	55 752 000	51 204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,65 %	23,45 %	17,19 %	13,44 %
Debt-to-Equity Ratio	0,02	0,04	0,02	0,02
Operating Profit Margin	16,74 %	13,94 %	9,78 %	7,46 %
Current Ratio	2,03	4,18	4,56	4,97
Quick Ratio	6,24	−13,57	−5,45	−4,39
Equity Ratio	0,54	0,77	0,8	0,82
Gross Profit Margin	48,53 %	43,97 %	39,79 %	38,62 %