COMPLETION TECHNOLOGY RESOURCES AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

38,32 %

Current Ratio

0,84

Debt-to-Equity Ratio

−0

Key figures (NOK)	2019	2018	2017	2016
Revenue	28 652 000	23 885 000	29 776 000	50 721 000
Net Income	−2 101 000	−1 412 000	−17 835 000	−56 992 000
Total Assets	69 555 000	49 648 000	39 312 000	32 036 000
Total Equity	−5 483 000	−33 382 000	−46 970 000	−29 135 000

Income (NOK)	2019	2018	2017	2016
Revenue	28 652 000	23 885 000	29 776 000	50 721 000
Expenditure	24 380 000	20 230 000	45 753 000	87 128 000
Operating Profit	4 272 000	3 654 000	−15 976 000	−36 408 000
Financial Income	17 000	726 000	5 271 000	1 105 000
Financial Costs	6 390 000	5 792 000	7 130 000	7 816 000
Financial Balance	−6 373 000	−5 066 000	−1 859 000	−6 711 000
Earnings Before Tax	−2 101 000	−1 412 000	−17 835 000	−43 119 000
Tax	0	0	0	13 873 000
Net Income	−2 101 000	−1 412 000	−17 835 000	−56 992 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	6 896 000	2 775 000	2 544 000	3 068 000
Total Current Assets	62 659 000	46 873 000	36 768 000	28 968 000
Total Assets	69 555 000	49 648 000	39 312 000	32 036 000
Total Retained Equity	−13 040 000	−102 294 000	−100 882 000	−83 047 000
Total Equity	−5 483 000	−33 382 000	−46 970 000	−29 135 000
Total Long-Term Debt	0	21 359 000	0	0
Total Current Debt	75 038 000	61 671 000	86 283 000	61 171 000
Total Equity and Debt	69 555 000	49 648 000	39 312 000	32 036 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	28 652 000	22 148 000	29 716 000	50 481 000
Other Income	0	1 736 000	61 000	239 000
Revenue	28 652 000	23 885 000	29 776 000	50 721 000
Cost of Goods Sold	7 338 000	−2 284 000	4 962 000	21 265 000
Salary Costs	5 843 000	10 034 000	14 729 000	14 932 000
Depreciation	915 000	444 000	473 000	673 000
Impairment	0	0	74 000	548 000
Expenditure	24 380 000	20 230 000	45 753 000	87 128 000
Operating Profit	4 272 000	3 654 000	−15 976 000	−36 408 000
Financial Income	17 000	726 000	5 271 000	1 105 000
Financial Costs	6 390 000	5 792 000	7 130 000	7 816 000
Financial Balance	−6 373 000	−5 066 000	−1 859 000	−6 711 000
Dividends	0	0	0	0
Net Income	−2 101 000	−1 412 000	−17 835 000	−56 992 000

Balance details (NOK)	2019	2018	2017	2016
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	61 000	109 000
Fixtures	6 896 000	2 775 000	2 483 000	2 960 000
Total Tangible Assets	6 896 000	2 775 000	2 544 000	3 068 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 896 000	2 775 000	2 544 000	3 068 000
Stock	24 278 000	26 009 000	20 583 000	19 696 000
Total Investments	0	0	0	0
Cash, Bank	2 071 000	263 000	196 000	31 000
Total Current Assets	62 659 000	46 873 000	36 768 000	28 968 000
Total Assets	69 555 000	49 648 000	39 312 000	32 036 000
Total Equity	−5 483 000	−33 382 000	−46 970 000	−29 135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	21 359 000	0	0
Creditors	38 443 000	31 407 000	39 309 000	16 187 000
Unpaid Taxes	319 000	347 000	960 000	1 085 000
Dividends	0	0	0	0
Other Current Debt	29 208 000	14 880 000	39 959 000	37 919 000
Total Current Debt	75 038 000	61 671 000	86 283 000	61 171 000
Total Equity and Debt	69 555 000	49 648 000	39 312 000	32 036 000

Financial indicators	2019	2018	2017	2016
Return on Equity	38,32 %	4,23 %	37,97 %	195,61 %
Debt-to-Equity Ratio	−0	−0,64	−0	−0
Operating Profit Margin	14,91 %	15,3 %	−53,65 %	−71,78 %
Current Ratio	0,84	0,76	0,43	0,47
Quick Ratio	1,23	1,31	0,56	0,7
Equity Ratio	−0,08	−0,67	−1,19	−0,91
Gross Profit Margin	74,39 %	109,56 %	83,34 %	58,07 %