CERNOVA AS

5004 BERGEN

Finances

Return on Equity

8,39 %

Current Ratio

0,78

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 444 875 000	2 170 391 000	2 106 308 000	1 921 896 000
Net Income	46 254 000	54 064 000	76 507 000	50 831 000
Total Assets	1 599 401 000	1 488 235 000	1 453 577 000	1 297 066 000
Total Equity	551 369 000	516 683 000	507 102 000	387 469 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 444 875 000	2 170 391 000	2 106 308 000	1 921 896 000
Expenditure	2 408 271 000	2 126 747 000	2 021 953 000	1 843 592 000
Operating Profit	62 366 000	45 825 000	92 275 000	77 094 000
Financial Income	18 489 000	29 998 000	20 988 000	2 897 000
Financial Costs	22 717 000	13 769 000	21 219 000	19 263 000
Financial Balance	−4 228 000	16 229 000	−231 000	−16 366 000
Earnings Before Tax	58 138 000	62 054 000	92 044 000	60 728 000
Tax	11 884 000	7 990 000	15 537 000	9 897 000
Net Income	46 254 000	54 064 000	76 507 000	50 831 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 153 463 000	1 120 815 000	1 089 831 000	992 924 000
Total Current Assets	445 938 000	367 420 000	363 746 000	304 142 000
Total Assets	1 599 401 000	1 488 235 000	1 453 577 000	1 297 066 000
Total Retained Equity	551 169 000	516 483 000	506 902 000	387 269 000
Total Equity	551 369 000	516 683 000	507 102 000	387 469 000
Total Long-Term Debt	473 794 000	405 495 000	467 396 000	500 380 000
Total Current Debt	574 237 000	566 056 000	479 079 000	409 217 000
Total Equity and Debt	1 599 400 000	1 488 234 000	1 453 577 000	1 297 066 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 440 761 000	2 166 120 000	2 102 743 000	1 916 846 000
Other Income	4 114 000	4 271 000	3 565 000	5 050 000
Revenue	2 444 875 000	2 170 391 000	2 106 308 000	1 921 896 000
Cost of Goods Sold	1 171 979 000	1 005 798 000	954 424 000	883 310 000
Salary Costs	539 883 000	509 204 000	480 795 000	424 846 000
Depreciation	95 261 000	100 449 000	107 768 000	91 154 000
Impairment	0	0	0	0
Expenditure	2 408 271 000	2 126 747 000	2 021 953 000	1 843 592 000
Operating Profit	62 366 000	45 825 000	92 275 000	77 094 000
Financial Income	18 489 000	29 998 000	20 988 000	2 897 000
Financial Costs	22 717 000	13 769 000	21 219 000	19 263 000
Financial Balance	−4 228 000	16 229 000	−231 000	−16 366 000
Dividends	0	0	0	0
Net Income	46 254 000	54 064 000	76 507 000	50 831 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	50 162 000	56 157 000	59 497 000	3 453 000
Total Intangible Assets	97 800 000	110 274 000	112 203 000	34 335 000
Real Eastate	146 782 000	147 300 000	146 782 000	152 238 000
Machinery and Plant Facilities	452 913 000	439 027 000	424 388 000	416 303 000
Fixtures	9 221 000	0	0	0
Total Tangible Assets	608 916 000	586 327 000	571 170 000	568 541 000
Total Fiancial Fixed Assets	446 747 000	424 214 000	406 458 000	390 048 000
Total Fixed Assets	1 153 463 000	1 120 815 000	1 089 831 000	992 924 000
Stock	295 989 000	223 866 000	226 111 000	221 428 000
Total Investments	0	0	0	0
Cash, Bank	31 363 000	31 580 000	32 825 000	18 223 000
Total Current Assets	445 938 000	367 420 000	363 746 000	304 142 000
Total Assets	1 599 401 000	1 488 235 000	1 453 577 000	1 297 066 000
Total Equity	551 369 000	516 683 000	507 102 000	387 469 000
Short-Term Group Debt	27 175 000	13 588 000	0	0
Total Long-Term Debt	473 794 000	405 495 000	467 396 000	500 380 000
Creditors	272 206 000	233 377 000	245 216 000	184 971 000
Unpaid Taxes	48 837 000	49 630 000	43 560 000	41 421 000
Dividends	0	0	0	0
Other Current Debt	147 253 000	125 994 000	152 365 000	96 116 000
Total Current Debt	574 237 000	566 056 000	479 079 000	409 217 000
Total Equity and Debt	1 599 400 000	1 488 234 000	1 453 577 000	1 297 066 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,39 %	10,46 %	15,09 %	13,12 %
Debt-to-Equity Ratio	0,86	0,78	0,92	1,29
Operating Profit Margin	2,55 %	2,11 %	4,38 %	4,01 %
Current Ratio	0,78	0,65	0,76	0,74
Quick Ratio	1,6	1,07	1,44	1,62
Equity Ratio	0,34	0,35	0,35	0,3
Gross Profit Margin	52,06 %	53,66 %	54,69 %	54,04 %