CANES AS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

12,79 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	294 480 000	179 218 000	164 208 000	113 052 000
Net Income	5 624 000	−1 688 000	10 197 000	9 410 000
Total Assets	184 925 000	195 549 000	105 445 000	76 171 000
Total Equity	43 974 000	55 089 000	56 777 000	21 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	294 480 000	179 218 000	164 208 000	113 052 000
Expenditure	281 900 000	179 043 000	147 680 000	98 898 000
Operating Profit	12 580 000	174 000	16 528 000	14 154 000
Financial Income	4 016 000	1 043 000	1 031 000	181 000
Financial Costs	7 795 000	2 059 000	3 233 000	2 115 000
Financial Balance	−3 779 000	−1 016 000	−2 202 000	−1 934 000
Earnings Before Tax	8 801 000	−841 000	14 326 000	12 220 000
Tax	3 177 000	846 000	4 129 000	2 810 000
Net Income	5 624 000	−1 688 000	10 197 000	9 410 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 491 000	88 077 000	28 578 000	6 971 000
Total Current Assets	159 434 000	107 472 000	76 867 000	69 201 000
Total Assets	184 925 000	195 549 000	105 445 000	76 171 000
Total Retained Equity	14 797 000	17 920 000	19 607 000	9 410 000
Total Equity	43 974 000	55 089 000	56 777 000	21 079 000
Total Long-Term Debt	39 899 000	76 057 000	16 212 000	15 977 000
Total Current Debt	101 051 000	64 403 000	32 456 000	39 115 000
Total Equity and Debt	184 925 000	195 549 000	105 445 000	76 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	294 215 000	179 218 000	164 208 000	113 052 000
Other Income	265 000	0	0	0
Revenue	294 480 000	179 218 000	164 208 000	113 052 000
Cost of Goods Sold	176 670 000	104 180 000	91 617 000	59 530 000
Salary Costs	52 093 000	39 575 000	30 435 000	22 948 000
Depreciation	8 806 000	7 612 000	5 828 000	671 000
Impairment	0	0	0	0
Expenditure	281 900 000	179 043 000	147 680 000	98 898 000
Operating Profit	12 580 000	174 000	16 528 000	14 154 000
Financial Income	4 016 000	1 043 000	1 031 000	181 000
Financial Costs	7 795 000	2 059 000	3 233 000	2 115 000
Financial Balance	−3 779 000	−1 016 000	−2 202 000	−1 934 000
Dividends	0	0	0	0
Net Income	5 624 000	−1 688 000	10 197 000	9 410 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	8 633 000	12 950 000	17 267 000	0
Total Intangible Assets	8 633 000	13 474 000	17 762 000	558 000
Real Eastate	2 653 000	2 653 000	3 679 000	3 767 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 204 000	11 333 000	7 137 000	2 646 000
Total Tangible Assets	16 858 000	13 986 000	10 816 000	6 413 000
Total Fiancial Fixed Assets	0	60 617 000	0	0
Total Fixed Assets	25 491 000	88 077 000	28 578 000	6 971 000
Stock	85 482 000	63 670 000	47 350 000	49 093 000
Total Investments	0	0	0	0
Cash, Bank	2 303 000	2 520 000	3 793 000	3 833 000
Total Current Assets	159 434 000	107 472 000	76 867 000	69 201 000
Total Assets	184 925 000	195 549 000	105 445 000	76 171 000
Total Equity	43 974 000	55 089 000	56 777 000	21 079 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 899 000	76 057 000	16 212 000	15 977 000
Creditors	22 864 000	16 518 000	8 800 000	2 752 000
Unpaid Taxes	14 085 000	9 839 000	9 562 000	6 224 000
Dividends	0	0	0	0
Other Current Debt	16 286 000	9 614 000	3 581 000	2 408 000
Total Current Debt	101 051 000	64 403 000	32 456 000	39 115 000
Total Equity and Debt	184 925 000	195 549 000	105 445 000	76 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,79 %	−3,06 %	17,96 %	44,64 %
Debt-to-Equity Ratio	0,91	1,38	0,29	0,76
Operating Profit Margin	4,27 %	0,1 %	10,07 %	12,52 %
Current Ratio	1,58	1,67	2,37	1,77
Quick Ratio	10,24	146,62	−5,16	−6,94
Equity Ratio	0,24	0,28	0,54	0,28
Gross Profit Margin	40,01 %	41,87 %	44,21 %	47,34 %