CLETE ENGINEERING AS

1423 SKI

Finances

Return on Equity

69,68 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	763 000	22 000	68 000	1 146 000
Net Income	216 000	−2 000	−35 000	474 000
Total Assets	809 000	408 000	534 000	1 143 000
Total Equity	310 000	404 000	406 000	541 000

Income (NOK)	2022	2021	2020	2019
Revenue	763 000	22 000	68 000	1 146 000
Expenditure	473 000	46 000	93 000	730 000
Operating Profit	290 000	−24 000	−25 000	417 000
Financial Income	8 000	19 000	156 000	158 000
Financial Costs	19 000	2 000	165 000	6 000
Financial Balance	−11 000	17 000	−9 000	152 000
Earnings Before Tax	280 000	−7 000	−34 000	569 000
Tax	64 000	−5 000	2 000	94 000
Net Income	216 000	−2 000	−35 000	474 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	7 000	2 000	4 000
Total Current Assets	806 000	401 000	532 000	1 139 000
Total Assets	809 000	408 000	534 000	1 143 000
Total Retained Equity	200 000	294 000	296 000	431 000
Total Equity	310 000	404 000	406 000	541 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	499 000	4 000	128 000	601 000
Total Equity and Debt	809 000	408 000	534 000	1 143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	763 000	22 000	68 000	1 146 000
Other Income	0	0	0	0
Revenue	763 000	22 000	68 000	1 146 000
Cost of Goods Sold	0	0	0	0
Salary Costs	386 000	3 000	23 000	486 000
Depreciation	0	0	3 000	9 000
Impairment	0	0	0	0
Expenditure	473 000	46 000	93 000	730 000
Operating Profit	290 000	−24 000	−25 000	417 000
Financial Income	8 000	19 000	156 000	158 000
Financial Costs	19 000	2 000	165 000	6 000
Financial Balance	−11 000	17 000	−9 000	152 000
Dividends	210 000	0	100 000	450 000
Net Income	216 000	−2 000	−35 000	474 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	7 000	2 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	3 000
Total Tangible Assets	0	0	0	3 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	7 000	2 000	4 000
Stock	0	0	0	0
Total Investments	156 000	159 000	0	362 000
Cash, Bank	498 000	242 000	470 000	776 000
Total Current Assets	806 000	401 000	532 000	1 139 000
Total Assets	809 000	408 000	534 000	1 143 000
Total Equity	310 000	404 000	406 000	541 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	3 000	6 000
Unpaid Taxes	139 000	2 000	18 000	2 000
Dividends	210 000	0	100 000	450 000
Other Current Debt	85 000	2 000	5 000	48 000
Total Current Debt	499 000	4 000	128 000	601 000
Total Equity and Debt	809 000	408 000	534 000	1 143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,68 %	−0,5 %	−8,62 %	87,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	38,01 %	−109,09 %	−36,76 %	36,39 %
Current Ratio	1,62	100,25	4,16	1,9
Quick Ratio	1,62	100,25	4,16	1,9
Equity Ratio	0,38	0,99	0,76	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %