CIRDAN AS

1461 LØRENSKOG

Finances

Return on Equity

13,23 %

Current Ratio

3,99

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 421 000	87 597 000	84 572 000	52 427 000
Net Income	3 458 000	7 408 000	5 796 000	2 310 000
Total Assets	49 304 000	49 254 000	36 512 000	30 558 000
Total Equity	26 132 000	22 674 000	15 266 000	9 471 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 421 000	87 597 000	84 572 000	52 427 000
Expenditure	59 436 000	77 636 000	74 998 000	47 797 000
Operating Profit	5 984 000	9 962 000	8 375 000	4 630 000
Financial Income	8 000	197 000	25 000	68 000
Financial Costs	1 567 000	710 000	963 000	1 557 000
Financial Balance	−1 559 000	−513 000	−938 000	−1 489 000
Earnings Before Tax	4 425 000	9 448 000	7 437 000	3 141 000
Tax	967 000	2 040 000	1 641 000	831 000
Net Income	3 458 000	7 408 000	5 796 000	2 310 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 241 000	4 447 000	3 273 000	2 821 000
Total Current Assets	45 063 000	44 807 000	33 240 000	27 738 000
Total Assets	49 304 000	49 254 000	36 512 000	30 558 000
Total Retained Equity	25 732 000	22 274 000	14 866 000	9 071 000
Total Equity	26 132 000	22 674 000	15 266 000	9 471 000
Total Long-Term Debt	11 878 000	16 600 000	9 771 000	13 000
Total Current Debt	11 294 000	9 979 000	11 475 000	21 075 000
Total Equity and Debt	49 304 000	49 254 000	36 512 000	30 558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 190 000	87 568 000	84 560 000	52 407 000
Other Income	231 000	29 000	12 000	20 000
Revenue	65 421 000	87 597 000	84 572 000	52 427 000
Cost of Goods Sold	40 348 000	52 497 000	57 359 000	34 934 000
Salary Costs	13 149 000	19 541 000	13 159 000	7 286 000
Depreciation	315 000	295 000	141 000	41 000
Impairment	0	0	0	0
Expenditure	59 436 000	77 636 000	74 998 000	47 797 000
Operating Profit	5 984 000	9 962 000	8 375 000	4 630 000
Financial Income	8 000	197 000	25 000	68 000
Financial Costs	1 567 000	710 000	963 000	1 557 000
Financial Balance	−1 559 000	−513 000	−938 000	−1 489 000
Dividends	0	0	0	0
Net Income	3 458 000	7 408 000	5 796 000	2 310 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	35 000	118 000	57 000
Real Eastate	653 000	653 000	653 000	653 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	525 000	840 000	394 000	0
Total Tangible Assets	1 178 000	1 493 000	1 048 000	653 000
Total Fiancial Fixed Assets	3 005 000	2 918 000	2 107 000	2 111 000
Total Fixed Assets	4 241 000	4 447 000	3 273 000	2 821 000
Stock	38 481 000	30 666 000	8 738 000	21 905 000
Total Investments	0	0	0	0
Cash, Bank	2 968 000	8 136 000	17 511 000	2 360 000
Total Current Assets	45 063 000	44 807 000	33 240 000	27 738 000
Total Assets	49 304 000	49 254 000	36 512 000	30 558 000
Total Equity	26 132 000	22 674 000	15 266 000	9 471 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 878 000	16 600 000	9 771 000	13 000
Creditors	1 052 000	934 000	832 000	1 136 000
Unpaid Taxes	790 000	1 173 000	2 689 000	623 000
Dividends	0	0	0	0
Other Current Debt	1 104 000	567 000	6 251 000	6 127 000
Total Current Debt	11 294 000	9 979 000	11 475 000	21 075 000
Total Equity and Debt	49 304 000	49 254 000	36 512 000	30 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,23 %	32,67 %	37,97 %	24,39 %
Debt-to-Equity Ratio	0,45	0,73	0,64	0
Operating Profit Margin	9,15 %	11,37 %	9,9 %	8,83 %
Current Ratio	3,99	4,49	2,9	1,32
Quick Ratio	−1,66	−2,17	12,14	−33,42
Equity Ratio	0,53	0,46	0,42	0,31
Gross Profit Margin	38,33 %	40,07 %	32,18 %	33,37 %