CITUS AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

28,65 %

Current Ratio

54,94

Debt-to-Equity Ratio

−6,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 000	82 000	72 000	69 000
Net Income	−912 000	−597 000	−499 000	−499 000
Total Assets	17 317 000	18 085 000	12 322 000	12 196 000
Total Equity	−3 183 000	−2 271 000	−1 674 000	−1 174 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 000	82 000	72 000	69 000
Expenditure	413 000	353 000	134 000	185 000
Operating Profit	−350 000	−271 000	−62 000	−116 000
Financial Income	0	0	1 000	3 000
Financial Costs	562 000	494 000	579 000	524 000
Financial Balance	−562 000	−494 000	−578 000	−521 000
Earnings Before Tax	−912 000	−765 000	−640 000	−637 000
Tax	0	−168 000	−141 000	−138 000
Net Income	−912 000	−597 000	−499 000	−499 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	889 000	889 000	721 000	580 000
Total Current Assets	16 428 000	17 196 000	11 602 000	11 617 000
Total Assets	17 317 000	18 085 000	12 322 000	12 196 000
Total Retained Equity	−4 083 000	−3 171 000	−2 574 000	−2 074 000
Total Equity	−3 183 000	−2 271 000	−1 674 000	−1 174 000
Total Long-Term Debt	20 200 000	20 200 000	13 800 000	13 200 000
Total Current Debt	299 000	156 000	196 000	171 000
Total Equity and Debt	17 317 000	18 085 000	12 322 000	12 196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	62 000	82 000	72 000	69 000
Revenue	62 000	82 000	72 000	69 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	413 000	353 000	134 000	185 000
Operating Profit	−350 000	−271 000	−62 000	−116 000
Financial Income	0	0	1 000	3 000
Financial Costs	562 000	494 000	579 000	524 000
Financial Balance	−562 000	−494 000	−578 000	−521 000
Dividends	0	0	0	0
Net Income	−912 000	−597 000	−499 000	−499 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	889 000	889 000	721 000	580 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	889 000	889 000	721 000	580 000
Stock	11 353 000	11 048 000	10 802 000	9 946 000
Total Investments	0	0	0	0
Cash, Bank	4 431 000	5 545 000	227 000	1 142 000
Total Current Assets	16 428 000	17 196 000	11 602 000	11 617 000
Total Assets	17 317 000	18 085 000	12 322 000	12 196 000
Total Equity	−3 183 000	−2 271 000	−1 674 000	−1 174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 200 000	20 200 000	13 800 000	13 200 000
Creditors	185 000	71 000	115 000	90 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	115 000	85 000	80 000	81 000
Total Current Debt	299 000	156 000	196 000	171 000
Total Equity and Debt	17 317 000	18 085 000	12 322 000	12 196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,65 %	26,29 %	29,81 %	42,5 %
Debt-to-Equity Ratio	−6,35	−8,89	−8,24	−11,24
Operating Profit Margin	−564,52 %	−330,49 %	−86,11 %	−168,12 %
Current Ratio	54,94	110,23	59,19	67,94
Quick Ratio	−1,49	−1,58	−1,09	−1,19
Equity Ratio	−0,18	−0,13	−0,14	−0,1
Gross Profit Margin	100 %	100 %	100 %	100 %