CERES AGRO AS

7607 LEVANGER

Finances

Share Ownership

Return on Equity

74,49 %

Current Ratio

3,89

Debt-to-Equity Ratio

13,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 932 000	4 658 000	3 338 000	3 830 000
Net Income	292 000	−156 000	−1 208 000	−1 548 000
Total Assets	7 674 000	6 154 000	5 722 000	6 867 000
Total Equity	392 000	100 000	100 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 932 000	4 658 000	3 338 000	3 830 000
Expenditure	6 538 000	4 770 000	4 606 000	5 461 000
Operating Profit	395 000	−112 000	−1 269 000	−1 631 000
Financial Income	0	0	0	12 000
Financial Costs	104 000	89 000	118 000	1 000
Financial Balance	−104 000	−89 000	−118 000	11 000
Earnings Before Tax	292 000	−201 000	−1 386 000	−1 621 000
Tax	0	−44 000	−178 000	−73 000
Net Income	292 000	−156 000	−1 208 000	−1 548 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	305 000	371 000	724 000	570 000
Total Current Assets	7 369 000	5 783 000	4 997 000	6 298 000
Total Assets	7 674 000	6 154 000	5 722 000	6 867 000
Total Retained Equity	292 000	0	0	0
Total Equity	392 000	100 000	100 000	100 000
Total Long-Term Debt	5 387 000	5 052 000	5 101 000	5 806 000
Total Current Debt	1 895 000	1 001 000	521 000	962 000
Total Equity and Debt	7 674 000	6 154 000	5 722 000	6 867 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 855 000	3 341 000	1 000 000	1 527 000
Other Income	2 077 000	1 318 000	2 338 000	2 304 000
Revenue	6 932 000	4 658 000	3 338 000	3 830 000
Cost of Goods Sold	1 619 000	994 000	1 392 000	1 902 000
Salary Costs	773 000	702 000	356 000	324 000
Depreciation	125 000	160 000	239 000	188 000
Impairment	0	0	0	0
Expenditure	6 538 000	4 770 000	4 606 000	5 461 000
Operating Profit	395 000	−112 000	−1 269 000	−1 631 000
Financial Income	0	0	0	12 000
Financial Costs	104 000	89 000	118 000	1 000
Financial Balance	−104 000	−89 000	−118 000	11 000
Dividends	0	0	0	0
Net Income	292 000	−156 000	−1 208 000	−1 548 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	273 000	339 000	692 000	558 000
Total Tangible Assets	273 000	339 000	692 000	558 000
Total Fiancial Fixed Assets	32 000	32 000	32 000	12 000
Total Fixed Assets	305 000	371 000	724 000	570 000
Stock	1 579 000	1 241 000	875 000	932 000
Total Investments	0	0	0	0
Cash, Bank	28 000	59 000	144 000	165 000
Total Current Assets	7 369 000	5 783 000	4 997 000	6 298 000
Total Assets	7 674 000	6 154 000	5 722 000	6 867 000
Total Equity	392 000	100 000	100 000	100 000
Short-Term Group Debt	0	0	0	541 000
Total Long-Term Debt	5 387 000	5 052 000	5 101 000	5 806 000
Creditors	958 000	851 000	427 000	264 000
Unpaid Taxes	45 000	60 000	32 000	5 000
Dividends	0	0	0	0
Other Current Debt	152 000	90 000	62 000	152 000
Total Current Debt	1 895 000	1 001 000	521 000	962 000
Total Equity and Debt	7 674 000	6 154 000	5 722 000	6 867 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,49 %	−156 %	−1 208 %	−1 548 %
Debt-to-Equity Ratio	13,74	50,52	51,01	58,06
Operating Profit Margin	5,7 %	−2,4 %	−38,02 %	−42,58 %
Current Ratio	3,89	5,78	9,59	6,55
Quick Ratio	23,32	−24,1	−14,12	209,93
Equity Ratio	0,05	0,02	0,02	0,01
Gross Profit Margin	76,64 %	78,66 %	58,3 %	50,34 %