CIT HOLDING AS

5947 FEDJE

Finances

Return on Equity

3,85 %

Current Ratio

6,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 449 000	1 088 000	932 000	769 000
Net Income	1 135 000	461 000	−21 000	8 191 000
Total Assets	32 017 000	29 446 000	29 516 000	30 115 000
Total Equity	29 512 000	28 377 000	29 416 000	29 549 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 449 000	1 088 000	932 000	769 000
Expenditure	12 321 000	4 371 000	1 203 000	1 132 000
Operating Profit	−2 871 000	−3 282 000	−272 000	−363 000
Financial Income	3 988 000	3 744 000	125 000	7 642 000
Financial Costs	−18 000	1 000	−126 000	−911 000
Financial Balance	4 006 000	3 743 000	251 000	8 553 000
Earnings Before Tax	1 135 000	461 000	−21 000	8 191 000
Tax	0	0	0	0
Net Income	1 135 000	461 000	−21 000	8 191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 144 000	12 955 000	10 533 000	8 615 000
Total Current Assets	16 873 000	16 491 000	18 983 000	21 500 000
Total Assets	32 017 000	29 446 000	29 516 000	30 115 000
Total Retained Equity	29 412 000	28 277 000	29 316 000	29 449 000
Total Equity	29 512 000	28 377 000	29 416 000	29 549 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 505 000	1 069 000	100 000	566 000
Total Equity and Debt	32 017 000	29 446 000	29 516 000	30 115 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 056 000	1 000	902 000	769 000
Other Income	1 393 000	1 087 000	30 000	0
Revenue	9 449 000	1 088 000	932 000	769 000
Cost of Goods Sold	8 249 000	0	0	0
Salary Costs	591 000	335 000	307 000	153 000
Depreciation	674 000	603 000	303 000	257 000
Impairment	0	0	0	0
Expenditure	12 321 000	4 371 000	1 203 000	1 132 000
Operating Profit	−2 871 000	−3 282 000	−272 000	−363 000
Financial Income	3 988 000	3 744 000	125 000	7 642 000
Financial Costs	−18 000	1 000	−126 000	−911 000
Financial Balance	4 006 000	3 743 000	251 000	8 553 000
Dividends	0	1 500 000	0	0
Net Income	1 135 000	461 000	−21 000	8 191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 394 000	7 899 000	5 090 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	375 000	643 000	954 000	871 000
Total Tangible Assets	11 957 000	10 068 000	6 044 000	871 000
Total Fiancial Fixed Assets	3 188 000	2 888 000	4 489 000	7 744 000
Total Fixed Assets	15 144 000	12 955 000	10 533 000	8 615 000
Stock	0	3 862 000	0	0
Total Investments	0	0	0	0
Cash, Bank	10 686 000	10 782 000	18 973 000	21 498 000
Total Current Assets	16 873 000	16 491 000	18 983 000	21 500 000
Total Assets	32 017 000	29 446 000	29 516 000	30 115 000
Total Equity	29 512 000	28 377 000	29 416 000	29 549 000
Short-Term Group Debt	300 000	0	0	400 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	634 000	2 000	26 000	39 000
Dividends	0	1 500 000	0	0
Other Current Debt	1 572 000	67 000	74 000	127 000
Total Current Debt	2 505 000	1 069 000	100 000	566 000
Total Equity and Debt	32 017 000	29 446 000	29 516 000	30 115 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,85 %	1,62 %	−0,07 %	27,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−30,38 %	−301,65 %	−29,18 %	−47,2 %
Current Ratio	6,74	15,43	189,83	37,99
Quick Ratio	6,74	−5,9	189,83	37,99
Equity Ratio	0,92	0,96	1	0,98
Gross Profit Margin	12,7 %	100 %	100 %	100 %