CETHO HOLDING AS

8300 SVOLVÆR

Finances

Return on Equity

8,16 %

Current Ratio

2,34

Debt-to-Equity Ratio

1,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	99 915 000	180 898 000	118 012 000	315 959 000
Net Income	25 833 000	29 015 000	22 947 000	14 982 000
Total Assets	822 596 000	772 803 000	843 360 000	796 654 000
Total Equity	316 633 000	300 800 000	288 785 000	263 382 000

Income (NOK)	2022	2021	2020	2019
Revenue	99 915 000	180 898 000	118 012 000	315 959 000
Expenditure	58 397 000	136 112 000	78 905 000	274 529 000
Operating Profit	41 517 000	44 786 000	39 106 000	41 430 000
Financial Income	3 601 000	2 727 000	2 671 000	1 403 000
Financial Costs	14 488 000	10 956 000	12 946 000	21 835 000
Financial Balance	−10 887 000	−8 229 000	−10 275 000	−20 432 000
Earnings Before Tax	30 631 000	36 557 000	28 831 000	20 998 000
Tax	4 798 000	7 542 000	5 884 000	6 016 000
Net Income	25 833 000	29 015 000	22 947 000	14 982 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	775 841 000	703 892 000	702 966 000	696 064 000
Total Current Assets	46 755 000	68 911 000	140 394 000	100 590 000
Total Assets	822 596 000	772 803 000	843 360 000	796 654 000
Total Retained Equity	314 238 000	298 405 000	286 390 000	260 987 000
Total Equity	316 633 000	300 800 000	288 785 000	263 382 000
Total Long-Term Debt	485 947 000	439 465 000	464 779 000	479 186 000
Total Current Debt	20 015 000	32 537 000	89 796 000	54 087 000
Total Equity and Debt	822 596 000	772 803 000	843 360 000	796 654 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 731 000	106 815 000	43 937 000	240 667 000
Other Income	87 184 000	74 083 000	74 075 000	75 292 000
Revenue	99 915 000	180 898 000	118 012 000	315 959 000
Cost of Goods Sold	5 652 000	85 540 000	28 472 000	223 113 000
Salary Costs	10 366 000	10 893 000	10 323 000	12 839 000
Depreciation	18 447 000	17 481 000	17 457 000	16 442 000
Impairment	0	0	0	0
Expenditure	58 397 000	136 112 000	78 905 000	274 529 000
Operating Profit	41 517 000	44 786 000	39 106 000	41 430 000
Financial Income	3 601 000	2 727 000	2 671 000	1 403 000
Financial Costs	14 488 000	10 956 000	12 946 000	21 835 000
Financial Balance	−10 887 000	−8 229 000	−10 275 000	−20 432 000
Dividends	0	0	0	0
Net Income	25 833 000	29 015 000	22 947 000	14 982 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	282 321 000	238 033 000	234 614 000	243 999 000
Machinery and Plant Facilities	425 133 000	389 989 000	401 181 000	398 201 000
Fixtures	7 893 000	8 024 000	8 547 000	7 992 000
Total Tangible Assets	719 551 000	650 906 000	655 657 000	659 636 000
Total Fiancial Fixed Assets	56 289 000	52 986 000	47 309 000	36 428 000
Total Fixed Assets	775 841 000	703 892 000	702 966 000	696 064 000
Stock	15 507 000	21 073 000	91 872 000	60 576 000
Total Investments	0	0	7 000	13 000
Cash, Bank	23 052 000	41 980 000	33 994 000	15 855 000
Total Current Assets	46 755 000	68 911 000	140 394 000	100 590 000
Total Assets	822 596 000	772 803 000	843 360 000	796 654 000
Total Equity	316 633 000	300 800 000	288 785 000	263 382 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	485 947 000	439 465 000	464 779 000	479 186 000
Creditors	8 037 000	6 822 000	6 745 000	7 088 000
Unpaid Taxes	2 004 000	2 127 000	3 028 000	1 370 000
Dividends	0	0	0	0
Other Current Debt	3 936 000	14 430 000	4 216 000	4 275 000
Total Current Debt	20 015 000	32 537 000	89 796 000	54 087 000
Total Equity and Debt	822 596 000	772 803 000	843 360 000	796 654 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,16 %	9,65 %	7,95 %	5,69 %
Debt-to-Equity Ratio	1,53	1,46	1,61	1,82
Operating Profit Margin	41,55 %	24,76 %	33,14 %	13,11 %
Current Ratio	2,34	2,12	1,56	1,86
Quick Ratio	10,37	6,01	−67,63	−15,5
Equity Ratio	0,38	0,39	0,34	0,33
Gross Profit Margin	94,34 %	52,71 %	75,87 %	29,39 %