CITO HOLDING AS

3970 LANGESUND

Finances

Return on Equity

−0,25 %

Current Ratio

366,94

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	428 000	2 880 000	373 000	567 000
Net Income	−50 000	2 964 000	397 000	2 337 000
Total Assets	22 395 000	27 131 000	33 662 000	36 291 000
Total Equity	19 610 000	23 676 000	28 011 000	30 614 000

Income (NOK)	2022	2021	2020	2019
Revenue	428 000	2 880 000	373 000	567 000
Expenditure	177 000	145 000	211 000	322 000
Operating Profit	251 000	2 736 000	162 000	245 000
Financial Income	197 000	335 000	470 000	2 610 000
Financial Costs	498 000	106 000	235 000	517 000
Financial Balance	−301 000	229 000	235 000	2 093 000
Earnings Before Tax	−50 000	2 964 000	397 000	2 337 000
Tax	0	0	0	0
Net Income	−50 000	2 964 000	397 000	2 337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 551 000	16 157 000	21 682 000	23 022 000
Total Current Assets	12 843 000	10 974 000	11 981 000	13 269 000
Total Assets	22 395 000	27 131 000	33 662 000	36 291 000
Total Retained Equity	19 381 000	23 447 000	27 783 000	30 386 000
Total Equity	19 610 000	23 676 000	28 011 000	30 614 000
Total Long-Term Debt	2 750 000	3 432 000	5 600 000	5 600 000
Total Current Debt	35 000	24 000	51 000	76 000
Total Equity and Debt	22 395 000	27 131 000	33 662 000	36 291 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	200 000	60 000	0	0
Other Income	228 000	2 820 000	373 000	567 000
Revenue	428 000	2 880 000	373 000	567 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	3 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	177 000	145 000	211 000	322 000
Operating Profit	251 000	2 736 000	162 000	245 000
Financial Income	197 000	335 000	470 000	2 610 000
Financial Costs	498 000	106 000	235 000	517 000
Financial Balance	−301 000	229 000	235 000	2 093 000
Dividends	4 016 000	7 300 000	3 000 000	2 471 000
Net Income	−50 000	2 964 000	397 000	2 337 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 500 000	3 500 000	7 150 000	7 150 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	236 000	236 000	236 000	236 000
Total Tangible Assets	3 736 000	3 736 000	7 386 000	7 386 000
Total Fiancial Fixed Assets	5 815 000	12 421 000	14 295 000	15 635 000
Total Fixed Assets	9 551 000	16 157 000	21 682 000	23 022 000
Stock	0	0	0	0
Total Investments	361 000	571 000	386 000	626 000
Cash, Bank	7 345 000	10 383 000	11 574 000	12 623 000
Total Current Assets	12 843 000	10 974 000	11 981 000	13 269 000
Total Assets	22 395 000	27 131 000	33 662 000	36 291 000
Total Equity	19 610 000	23 676 000	28 011 000	30 614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 750 000	3 432 000	5 600 000	5 600 000
Creditors	0	0	0	26 000
Unpaid Taxes	0	0	0	0
Dividends	4 016 000	7 300 000	3 000 000	2 471 000
Other Current Debt	35 000	24 000	51 000	51 000
Total Current Debt	35 000	24 000	51 000	76 000
Total Equity and Debt	22 395 000	27 131 000	33 662 000	36 291 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,25 %	12,52 %	1,42 %	7,63 %
Debt-to-Equity Ratio	0,14	0,14	0,2	0,18
Operating Profit Margin	58,64 %	95 %	43,43 %	43,21 %
Current Ratio	366,94	457,25	234,92	174,59
Quick Ratio	366,94	457,25	234,92	174,59
Equity Ratio	0,88	0,87	0,83	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %