CUVECO AS

1366 LYSAKER

Finances

Return on Equity

132,14 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 448 000	184 397 000	154 985 000	131 714 000
Net Income	11 911 000	7 691 000	8 059 000	2 103 000
Total Assets	93 496 000	87 224 000	83 369 000	44 891 000
Total Equity	9 014 000	9 922 000	6 566 000	6 611 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 448 000	184 397 000	154 985 000	131 714 000
Expenditure	176 931 000	174 565 000	144 754 000	129 259 000
Operating Profit	14 518 000	9 831 000	10 231 000	2 455 000
Financial Income	784 000	117 000	122 000	279 000
Financial Costs	29 000	88 000	20 000	36 000
Financial Balance	755 000	29 000	102 000	243 000
Earnings Before Tax	15 272 000	9 861 000	10 333 000	2 698 000
Tax	3 361 000	2 170 000	2 274 000	595 000
Net Income	11 911 000	7 691 000	8 059 000	2 103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 553 000	8 523 000	6 864 000	6 510 000
Total Current Assets	85 943 000	78 700 000	76 505 000	38 382 000
Total Assets	93 496 000	87 224 000	83 369 000	44 891 000
Total Retained Equity	8 914 000	9 822 000	6 466 000	0
Total Equity	9 014 000	9 922 000	6 566 000	6 611 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	84 481 000	77 302 000	76 804 000	38 280 000
Total Equity and Debt	93 496 000	87 224 000	83 369 000	44 891 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	191 446 000	184 397 000	154 985 000	131 712 000
Other Income	2 000	0	0	2 000
Revenue	191 448 000	184 397 000	154 985 000	131 714 000
Cost of Goods Sold	0	0	0	0
Salary Costs	27 650 000	26 549 000	25 615 000	22 112 000
Depreciation	1 225 000	450 000	434 000	380 000
Impairment	0	7 857 000	0	0
Expenditure	176 931 000	174 565 000	144 754 000	129 259 000
Operating Profit	14 518 000	9 831 000	10 231 000	2 455 000
Financial Income	784 000	117 000	122 000	279 000
Financial Costs	29 000	88 000	20 000	36 000
Financial Balance	755 000	29 000	102 000	243 000
Dividends	0	0	0	0
Net Income	11 911 000	7 691 000	8 059 000	2 103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 182 000	2 709 000	600 000	178 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	1 014 000	1 332 000
Fixtures	122 000	565 000	0	0
Total Tangible Assets	122 000	565 000	1 014 000	1 332 000
Total Fiancial Fixed Assets	5 250 000	5 250 000	5 250 000	5 000 000
Total Fixed Assets	7 553 000	8 523 000	6 864 000	6 510 000
Stock	99 000	325 000	273 000	230 000
Total Investments	0	0	0	0
Cash, Bank	987 000	960 000	978 000	980 000
Total Current Assets	85 943 000	78 700 000	76 505 000	38 382 000
Total Assets	93 496 000	87 224 000	83 369 000	44 891 000
Total Equity	9 014 000	9 922 000	6 566 000	6 611 000
Short-Term Group Debt	0	5 557 000	10 391 000	1 678 000
Total Long-Term Debt	0	0	0	0
Creditors	60 522 000	58 633 000	51 499 000	24 626 000
Unpaid Taxes	5 167 000	1 771 000	1 718 000	2 978 000
Dividends	0	0	0	0
Other Current Debt	18 792 000	10 603 000	12 786 000	8 757 000
Total Current Debt	84 481 000	77 302 000	76 804 000	38 280 000
Total Equity and Debt	93 496 000	87 224 000	83 369 000	44 891 000

Financial indicators	2022	2021	2020	2019
Return on Equity	132,14 %	77,51 %	122,74 %	31,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,58 %	5,33 %	6,6 %	1,86 %
Current Ratio	1,02	1,02	1	1
Quick Ratio	1,02	1,02	1	1,01
Equity Ratio	0,1	0,11	0,08	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %