CERO INVEST AS

4879 GRIMSTAD

Finances

Return on Equity

204,58 %

Current Ratio

0,75

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2021	2020	2019	2018
Revenue	23 212 000	2 673 000	4 921 000	2 854 000
Net Income	16 880 000	−100 000	1 053 000	114 000
Total Assets	25 562 000	24 632 000	25 901 000	25 886 000
Total Equity	8 251 000	2 973 000	4 141 000	3 634 000

Income (NOK)	2021	2020	2019	2018
Revenue	23 212 000	2 673 000	4 921 000	2 854 000
Expenditure	731 000	1 844 000	2 475 000	1 740 000
Operating Profit	22 481 000	829 000	2 447 000	1 114 000
Financial Income	0	1 000	2 000	2 000
Financial Costs	911 000	904 000	1 099 000	979 000
Financial Balance	−911 000	−903 000	−1 097 000	−977 000
Earnings Before Tax	21 570 000	−74 000	1 350 000	137 000
Tax	4 690 000	26 000	297 000	22 000
Net Income	16 880 000	−100 000	1 053 000	114 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	15 283 000	21 360 000	21 841 000	22 824 000
Total Current Assets	10 279 000	3 272 000	4 060 000	3 062 000
Total Assets	25 562 000	24 632 000	25 901 000	25 886 000
Total Retained Equity	8 121 000	2 843 000	4 011 000	3 504 000
Total Equity	8 251 000	2 973 000	4 141 000	3 634 000
Total Long-Term Debt	3 625 000	16 484 000	17 222 000	18 168 000
Total Current Debt	13 685 000	5 176 000	4 538 000	4 084 000
Total Equity and Debt	25 562 000	24 632 000	25 901 000	25 886 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 132 000	0	0	0
Other Income	22 080 000	2 673 000	4 921 000	2 854 000
Revenue	23 212 000	2 673 000	4 921 000	2 854 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	236 000	621 000	704 000	630 000
Impairment	0	0	0	0
Expenditure	731 000	1 844 000	2 475 000	1 740 000
Operating Profit	22 481 000	829 000	2 447 000	1 114 000
Financial Income	0	1 000	2 000	2 000
Financial Costs	911 000	904 000	1 099 000	979 000
Financial Balance	−911 000	−903 000	−1 097 000	−977 000
Dividends	0	0	0	0
Net Income	16 880 000	−100 000	1 053 000	114 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	1 300 000	0	0	0
Real Eastate	10 083 000	20 484 000	21 105 000	22 195 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	120 000	0	0	0
Total Tangible Assets	10 203 000	20 484 000	21 105 000	22 195 000
Total Fiancial Fixed Assets	3 780 000	876 000	736 000	629 000
Total Fixed Assets	15 283 000	21 360 000	21 841 000	22 824 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 617 000	120 000	19 000	7 000
Total Current Assets	10 279 000	3 272 000	4 060 000	3 062 000
Total Assets	25 562 000	24 632 000	25 901 000	25 886 000
Total Equity	8 251 000	2 973 000	4 141 000	3 634 000
Short-Term Group Debt	12 900 000	1 200 000	700 000	44 000
Total Long-Term Debt	3 625 000	16 484 000	17 222 000	18 168 000
Creditors	120 000	2 003 000	2 166 000	2 269 000
Unpaid Taxes	375 000	300 000	296 000	344 000
Dividends	0	0	0	0
Other Current Debt	289 000	1 671 000	1 373 000	1 442 000
Total Current Debt	13 685 000	5 176 000	4 538 000	4 084 000
Total Equity and Debt	25 562 000	24 632 000	25 901 000	25 886 000

Financial indicators	2021	2020	2019	2018
Return on Equity	204,58 %	−3,36 %	25,43 %	3,14 %
Debt-to-Equity Ratio	0,44	5,54	4,16	5
Operating Profit Margin	96,85 %	31,01 %	49,73 %	39,03 %
Current Ratio	0,75	0,63	0,89	0,75
Quick Ratio	0,75	0,63	0,89	0,75
Equity Ratio	0,32	0,12	0,16	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %