CUMMINS NORWAY AS

1433 ÅS

Finances

Share Ownership

Return on Equity

8,9 %

Current Ratio

2,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	79 627 000	93 884 000	54 614 000	77 033 000
Net Income	5 238 000	7 292 000	1 369 000	2 847 000
Total Assets	103 550 000	93 551 000	67 070 000	62 400 000
Total Equity	58 879 000	53 641 000	46 349 000	44 980 000

Income (NOK)	2022	2021	2020	2019
Revenue	79 627 000	93 884 000	54 614 000	77 033 000
Expenditure	73 703 000	82 631 000	54 822 000	73 962 000
Operating Profit	5 923 000	11 252 000	−208 000	3 072 000
Financial Income	806 000	−3 465 000	4 000	1 209 000
Financial Costs	4 000	342 000	−1 958 000	629 000
Financial Balance	802 000	−3 807 000	1 962 000	580 000
Earnings Before Tax	6 725 000	9 349 000	1 754 000	3 652 000
Tax	1 486 000	2 057 000	385 000	805 000
Net Income	5 238 000	7 292 000	1 369 000	2 847 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	295 000	526 000	345 000	369 000
Total Current Assets	103 254 000	93 025 000	66 725 000	62 030 000
Total Assets	103 550 000	93 551 000	67 070 000	62 400 000
Total Retained Equity	58 754 000	53 516 000	46 224 000	44 855 000
Total Equity	58 879 000	53 641 000	46 349 000	44 980 000
Total Long-Term Debt	0	0	23 000	0
Total Current Debt	44 671 000	39 910 000	20 699 000	17 420 000
Total Equity and Debt	103 550 000	93 551 000	67 070 000	62 400 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	79 627 000	187 471 000	54 292 000	75 878 000
Other Income	0	296 000	322 000	1 156 000
Revenue	79 627 000	93 884 000	54 614 000	77 033 000
Cost of Goods Sold	51 068 000	69 457 000	38 783 000	52 676 000
Salary Costs	8 764 000	9 226 000	8 795 000	10 440 000
Depreciation	85 000	94 000	92 000	71 000
Impairment	0	0	0	0
Expenditure	73 703 000	82 631 000	54 822 000	73 962 000
Operating Profit	5 923 000	11 252 000	−208 000	3 072 000
Financial Income	806 000	−3 465 000	4 000	1 209 000
Financial Costs	4 000	342 000	−1 958 000	629 000
Financial Balance	802 000	−3 807 000	1 962 000	580 000
Dividends	0	0	0	0
Net Income	5 238 000	7 292 000	1 369 000	2 847 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	129 000	274 000	0	60 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	166 000	251 000	345 000	310 000
Total Tangible Assets	166 000	251 000	345 000	310 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	295 000	526 000	345 000	369 000
Stock	19 787 000	6 792 000	8 739 000	6 663 000
Total Investments	0	0	0	0
Cash, Bank	6 428 000	6 253 000	5 792 000	6 745 000
Total Current Assets	103 254 000	93 025 000	66 725 000	62 030 000
Total Assets	103 550 000	93 551 000	67 070 000	62 400 000
Total Equity	58 879 000	53 641 000	46 349 000	44 980 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	23 000	0
Creditors	35 319 000	27 763 000	12 923 000	10 958 000
Unpaid Taxes	4 122 000	5 913 000	1 982 000	3 017 000
Dividends	0	0	0	0
Other Current Debt	3 889 000	3 880 000	5 490 000	2 665 000
Total Current Debt	44 671 000	39 910 000	20 699 000	17 420 000
Total Equity and Debt	103 550 000	93 551 000	67 070 000	62 400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,9 %	13,59 %	2,95 %	6,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,44 %	11,99 %	−0,38 %	3,99 %
Current Ratio	2,31	2,33	3,22	3,56
Quick Ratio	4,15	2,81	5,58	5,77
Equity Ratio	0,57	0,57	0,69	0,72
Gross Profit Margin	35,87 %	26,02 %	28,99 %	31,62 %