CATHODIC AS

3936 PORSGRUNN

Finances

Return on Equity

28,35 %

Current Ratio

13,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 000	0	0	0
Net Income	3 543 000	1 784 000	494 000	1 225 000
Total Assets	13 001 000	10 359 000	8 614 000	8 578 000
Total Equity	12 498 000	9 186 000	8 402 000	8 109 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 000	0	0	0
Expenditure	153 000	198 000	171 000	95 000
Operating Profit	−128 000	−198 000	−171 000	−94 000
Financial Income	3 671 000	1 972 000	641 000	1 337 000
Financial Costs	0	0	0	1 000
Financial Balance	3 671 000	1 972 000	641 000	1 336 000
Earnings Before Tax	3 543 000	1 774 000	469 000	1 242 000
Tax	0	−10 000	−24 000	17 000
Net Income	3 543 000	1 784 000	494 000	1 225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 182 000	6 275 000	2 374 000	2 306 000
Total Current Assets	6 820 000	4 084 000	6 240 000	6 272 000
Total Assets	13 001 000	10 359 000	8 614 000	8 578 000
Total Retained Equity	12 468 000	9 156 000	8 372 000	8 079 000
Total Equity	12 498 000	9 186 000	8 402 000	8 109 000
Total Long-Term Debt	0	0	10 000	8 000
Total Current Debt	503 000	1 172 000	203 000	461 000
Total Equity and Debt	13 001 000	10 359 000	8 614 000	8 578 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	25 000	0	0	0
Revenue	25 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	95 000	114 000	98 000	53 000
Impairment	0	0	0	0
Expenditure	153 000	198 000	171 000	95 000
Operating Profit	−128 000	−198 000	−171 000	−94 000
Financial Income	3 671 000	1 972 000	641 000	1 337 000
Financial Costs	0	0	0	1 000
Financial Balance	3 671 000	1 972 000	641 000	1 336 000
Dividends	231 000	1 000 000	200 000	0
Net Income	3 543 000	1 784 000	494 000	1 225 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 492 000	5 556 000	2 108 000	2 198 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	89 000	113 000	0
Total Tangible Assets	5 501 000	5 644 000	2 221 000	2 198 000
Total Fiancial Fixed Assets	681 000	631 000	153 000	108 000
Total Fixed Assets	6 182 000	6 275 000	2 374 000	2 306 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 170 000	2 134 000	5 614 000	5 069 000
Total Current Assets	6 820 000	4 084 000	6 240 000	6 272 000
Total Assets	13 001 000	10 359 000	8 614 000	8 578 000
Total Equity	12 498 000	9 186 000	8 402 000	8 109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	10 000	8 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	231 000	1 000 000	200 000	0
Other Current Debt	272 000	172 000	3 000	453 000
Total Current Debt	503 000	1 172 000	203 000	461 000
Total Equity and Debt	13 001 000	10 359 000	8 614 000	8 578 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,35 %	19,42 %	5,88 %	15,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−512 %	-	-	-
Current Ratio	13,56	3,48	30,74	13,61
Quick Ratio	13,56	3,48	30,74	13,61
Equity Ratio	0,96	0,89	0,98	0,95
Gross Profit Margin	100 %	-	-	-