CYVIZ AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

−19,62 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	485 967 000	322 668 000	217 362 000	229 435 000
Net Income	−19 359 000	−29 761 000	−33 585 000	−65 230 000
Total Assets	259 843 000	218 242 000	173 313 000	144 068 000
Total Equity	98 648 000	122 983 000	106 255 000	3 728 000

Income (NOK)	2022	2021	2020	2019
Revenue	485 967 000	322 668 000	217 362 000	229 435 000
Expenditure	496 967 000	354 124 000	236 887 000	276 082 000
Operating Profit	−11 000 000	−31 456 000	−19 525 000	−46 647 000
Financial Income	599 000	225 000	74 000	19 153 000
Financial Costs	10 308 000	−2 622 000	13 899 000	22 736 000
Financial Balance	−9 709 000	2 847 000	−13 825 000	−3 583 000
Earnings Before Tax	−20 709 000	−28 609 000	−33 350 000	−50 231 000
Tax	−1 350 000	1 152 000	235 000	14 999 000
Net Income	−19 359 000	−29 761 000	−33 585 000	−65 230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 884 000	53 587 000	44 950 000	44 583 000
Total Current Assets	194 959 000	164 655 000	128 363 000	99 485 000
Total Assets	259 843 000	218 242 000	173 313 000	144 068 000
Total Retained Equity	0	0	0	−67 534 000
Total Equity	98 648 000	122 983 000	106 255 000	3 728 000
Total Long-Term Debt	13 779 000	13 964 000	12 987 000	7 238 000
Total Current Debt	147 416 000	81 295 000	54 070 000	133 102 000
Total Equity and Debt	259 843 000	218 242 000	173 312 000	144 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	485 967 000	322 668 000	217 362 000	229 435 000
Other Income	0	0	0	0
Revenue	485 967 000	322 668 000	217 362 000	229 435 000
Cost of Goods Sold	265 772 000	180 494 000	115 675 000	123 104 000
Salary Costs	152 145 000	117 911 000	71 403 000	87 914 000
Depreciation	20 048 000	16 681 000	16 960 000	18 150 000
Impairment	0	0	0	966 000
Expenditure	496 967 000	354 124 000	236 887 000	276 082 000
Operating Profit	−11 000 000	−31 456 000	−19 525 000	−46 647 000
Financial Income	599 000	225 000	74 000	19 153 000
Financial Costs	10 308 000	−2 622 000	13 899 000	22 736 000
Financial Balance	−9 709 000	2 847 000	−13 825 000	−3 583 000
Dividends	0	0	0	0
Net Income	−19 359 000	−29 761 000	−33 585 000	−65 230 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 067 000	45 120 000	34 426 000	28 553 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 817 000	8 467 000	10 524 000	15 602 000
Total Tangible Assets	6 817 000	8 467 000	10 524 000	15 602 000
Total Fiancial Fixed Assets	0	0	0	428 000
Total Fixed Assets	64 884 000	53 587 000	44 950 000	44 583 000
Stock	27 527 000	23 115 000	15 855 000	18 420 000
Total Investments	0	0	0	0
Cash, Bank	13 744 000	48 510 000	47 444 000	7 628 000
Total Current Assets	194 959 000	164 655 000	128 363 000	99 485 000
Total Assets	259 843 000	218 242 000	173 313 000	144 068 000
Total Equity	98 648 000	122 983 000	106 255 000	3 728 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 779 000	13 964 000	12 987 000	7 238 000
Creditors	74 136 000	46 723 000	24 288 000	35 629 000
Unpaid Taxes	5 906 000	6 471 000	8 583 000	5 247 000
Dividends	0	0	0	0
Other Current Debt	67 374 000	28 101 000	21 199 000	46 561 000
Total Current Debt	147 416 000	81 295 000	54 070 000	133 102 000
Total Equity and Debt	259 843 000	218 242 000	173 312 000	144 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,62 %	−24,2 %	−31,61 %	−1 749,73 %
Debt-to-Equity Ratio	0,14	0,11	0,12	1,94
Operating Profit Margin	−2,26 %	−9,75 %	−8,98 %	−20,33 %
Current Ratio	1,32	2,03	2,37	0,75
Quick Ratio	1,63	2,83	3,36	0,87
Equity Ratio	0,38	0,56	0,61	0,03
Gross Profit Margin	45,31 %	44,06 %	46,78 %	46,34 %