CETUS AS

4250 KOPERVIK

Finances

Return on Equity

11,82 %

Current Ratio

4,84

Debt-to-Equity Ratio

1,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	181 869 000	179 611 000	219 618 000	130 387 000
Net Income	39 521 000	43 163 000	68 413 000	25 113 000
Total Assets	933 251 000	945 054 000	802 789 000	773 923 000
Total Equity	334 497 000	324 976 000	290 103 000	225 190 000

Income (NOK)	2022	2021	2020	2019
Revenue	181 869 000	179 611 000	219 618 000	130 387 000
Expenditure	118 815 000	108 207 000	122 551 000	83 974 000
Operating Profit	63 054 000	71 404 000	97 067 000	46 413 000
Financial Income	5 881 000	887 000	7 708 000	570 000
Financial Costs	18 267 000	16 955 000	17 066 000	14 762 000
Financial Balance	−12 386 000	−16 068 000	−9 358 000	−14 192 000
Earnings Before Tax	50 668 000	55 337 000	87 709 000	32 222 000
Tax	11 147 000	12 174 000	19 296 000	7 109 000
Net Income	39 521 000	43 163 000	68 413 000	25 113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	812 014 000	822 593 000	630 787 000	639 130 000
Total Current Assets	121 237 000	122 461 000	172 002 000	134 794 000
Total Assets	933 251 000	945 054 000	802 789 000	773 923 000
Total Retained Equity	270 905 000	261 383 000	226 510 000	161 597 000
Total Equity	334 497 000	324 976 000	290 103 000	225 190 000
Total Long-Term Debt	573 693 000	591 885 000	423 089 000	450 821 000
Total Current Debt	25 060 000	28 193 000	89 597 000	97 912 000
Total Equity and Debt	933 251 000	945 054 000	802 789 000	773 923 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	175 251 000	179 611 000	219 158 000	129 015 000
Other Income	6 618 000	0	460 000	1 372 000
Revenue	181 869 000	179 611 000	219 618 000	130 387 000
Cost of Goods Sold	0	0	0	0
Salary Costs	45 912 000	50 879 000	61 426 000	36 655 000
Depreciation	10 959 000	8 855 000	8 741 000	4 874 000
Impairment	0	0	0	0
Expenditure	118 815 000	108 207 000	122 551 000	83 974 000
Operating Profit	63 054 000	71 404 000	97 067 000	46 413 000
Financial Income	5 881 000	887 000	7 708 000	570 000
Financial Costs	18 267 000	16 955 000	17 066 000	14 762 000
Financial Balance	−12 386 000	−16 068 000	−9 358 000	−14 192 000
Dividends	0	4 000 000	0	0
Net Income	39 521 000	43 163 000	68 413 000	25 113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	350 556 000	351 701 000	352 846 000	353 992 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 402 000	4 784 000	6 541 000	8 305 000
Fixtures	0	0	0	0
Total Tangible Assets	450 907 000	460 046 000	267 394 000	277 092 000
Total Fiancial Fixed Assets	10 552 000	10 846 000	10 546 000	8 046 000
Total Fixed Assets	812 014 000	822 593 000	630 787 000	639 130 000
Stock	6 706 000	4 605 000	2 539 000	1 265 000
Total Investments	0	0	0	0
Cash, Bank	113 563 000	117 349 000	86 601 000	46 134 000
Total Current Assets	121 237 000	122 461 000	172 002 000	134 794 000
Total Assets	933 251 000	945 054 000	802 789 000	773 923 000
Total Equity	334 497 000	324 976 000	290 103 000	225 190 000
Short-Term Group Debt	0	371 000	0	0
Total Long-Term Debt	573 693 000	591 885 000	423 089 000	450 821 000
Creditors	5 276 000	3 608 000	3 079 000	3 389 000
Unpaid Taxes	13 218 000	13 277 000	15 682 000	11 019 000
Dividends	0	4 000 000	0	0
Other Current Debt	6 428 000	6 232 000	3 190 000	11 504 000
Total Current Debt	25 060 000	28 193 000	89 597 000	97 912 000
Total Equity and Debt	933 251 000	945 054 000	802 789 000	773 923 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,82 %	13,28 %	23,58 %	11,15 %
Debt-to-Equity Ratio	1,72	1,82	1,46	2
Operating Profit Margin	34,67 %	39,75 %	44,2 %	35,6 %
Current Ratio	4,84	4,34	1,92	1,38
Quick Ratio	6,61	5,19	1,98	1,39
Equity Ratio	0,36	0,34	0,36	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %