CYPHER AS

4013 STAVANGER

Finances

Return on Equity

157,3 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 482 000	5 954 000	6 048 000	5 426 000
Net Income	582 000	−259 000	76 000	14 000
Total Assets	1 920 000	639 000	778 000	625 000
Total Equity	370 000	−213 000	46 000	−30 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 482 000	5 954 000	6 048 000	5 426 000
Expenditure	7 049 000	6 246 000	5 907 000	5 380 000
Operating Profit	432 000	−293 000	140 000	46 000
Financial Income	373 000	55 000	46 000	9 000
Financial Costs	6 000	33 000	88 000	35 000
Financial Balance	367 000	22 000	−42 000	−26 000
Earnings Before Tax	799 000	−271 000	97 000	20 000
Tax	217 000	−12 000	21 000	6 000
Net Income	582 000	−259 000	76 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	104 000	30 000	28 000
Total Current Assets	1 848 000	535 000	748 000	597 000
Total Assets	1 920 000	639 000	778 000	625 000
Total Retained Equity	270 000	−313 000	−54 000	−130 000
Total Equity	370 000	−213 000	46 000	−30 000
Total Long-Term Debt	8 000	0	12 000	18 000
Total Current Debt	1 542 000	852 000	720 000	637 000
Total Equity and Debt	1 920 000	639 000	778 000	625 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 482 000	5 954 000	6 048 000	5 426 000
Other Income	0	0	0	0
Revenue	7 482 000	5 954 000	6 048 000	5 426 000
Cost of Goods Sold	175 000	1 045 000	902 000	857 000
Salary Costs	3 974 000	3 433 000	3 288 000	2 803 000
Depreciation	32 000	21 000	33 000	50 000
Impairment	0	0	0	0
Expenditure	7 049 000	6 246 000	5 907 000	5 380 000
Operating Profit	432 000	−293 000	140 000	46 000
Financial Income	373 000	55 000	46 000	9 000
Financial Costs	6 000	33 000	88 000	35 000
Financial Balance	367 000	22 000	−42 000	−26 000
Dividends	0	0	0	0
Net Income	582 000	−259 000	76 000	14 000

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	42 000	74 000	30 000	28 000
Total Tangible Assets	42 000	74 000	30 000	28 000
Total Fiancial Fixed Assets	30 000	30 000	0	0
Total Fixed Assets	72 000	104 000	30 000	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	660 000	412 000	328 000	475 000
Total Current Assets	1 848 000	535 000	748 000	597 000
Total Assets	1 920 000	639 000	778 000	625 000
Total Equity	370 000	−213 000	46 000	−30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	0	12 000	18 000
Creditors	0	50 000	47 000	187 000
Unpaid Taxes	902 000	426 000	299 000	163 000
Dividends	0	0	0	0
Other Current Debt	431 000	375 000	347 000	288 000
Total Current Debt	1 542 000	852 000	720 000	637 000
Total Equity and Debt	1 920 000	639 000	778 000	625 000

Financial indicators	2022	2021	2020	2019
Return on Equity	157,3 %	121,6 %	165,22 %	−46,67 %
Debt-to-Equity Ratio	0,02	−0	0,26	−0,6
Operating Profit Margin	5,77 %	−4,92 %	2,31 %	0,85 %
Current Ratio	1,2	0,63	1,04	0,94
Quick Ratio	1,2	0,63	1,04	0,94
Equity Ratio	0,19	−0,33	0,06	−0,05
Gross Profit Margin	97,66 %	82,45 %	85,09 %	84,21 %