CHITINOR AS

9018 TROMSØ

Finances

Return on Equity

−45,53 %

Current Ratio

0,62

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 055 000	4 116 000	5 452 000	4 993 000
Net Income	−1 560 000	−1 253 000	−1 449 000	−2 126 000
Total Assets	13 477 000	15 004 000	15 913 000	19 312 000
Total Equity	3 426 000	4 986 000	6 239 000	7 688 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 055 000	4 116 000	5 452 000	4 993 000
Expenditure	5 073 000	4 764 000	6 223 000	6 507 000
Operating Profit	−1 017 000	−648 000	−771 000	−1 515 000
Financial Income	51 000	28 000	73 000	48 000
Financial Costs	595 000	633 000	751 000	659 000
Financial Balance	−544 000	−605 000	−678 000	−611 000
Earnings Before Tax	−1 560 000	−1 253 000	−1 449 000	−2 126 000
Tax	0	0	0	0
Net Income	−1 560 000	−1 253 000	−1 449 000	−2 126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 252 000	9 979 000	10 980 000	11 904 000
Total Current Assets	4 225 000	5 025 000	4 933 000	7 409 000
Total Assets	13 477 000	15 004 000	15 913 000	19 312 000
Total Retained Equity	−6 699 000	−5 139 000	−3 886 000	−2 437 000
Total Equity	3 426 000	4 986 000	6 239 000	7 688 000
Total Long-Term Debt	3 250 000	4 000 000	4 750 000	5 500 000
Total Current Debt	6 801 000	6 018 000	4 924 000	6 124 000
Total Equity and Debt	13 477 000	15 004 000	15 913 000	19 312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 055 000	4 116 000	5 452 000	4 993 000
Other Income	0	0	0	0
Revenue	4 055 000	4 116 000	5 452 000	4 993 000
Cost of Goods Sold	1 392 000	1 036 000	1 408 000	1 554 000
Salary Costs	1 539 000	1 488 000	2 390 000	2 195 000
Depreciation	957 000	1 001 000	999 000	998 000
Impairment	0	0	0	0
Expenditure	5 073 000	4 764 000	6 223 000	6 507 000
Operating Profit	−1 017 000	−648 000	−771 000	−1 515 000
Financial Income	51 000	28 000	73 000	48 000
Financial Costs	595 000	633 000	751 000	659 000
Financial Balance	−544 000	−605 000	−678 000	−611 000
Dividends	0	0	0	0
Net Income	−1 560 000	−1 253 000	−1 449 000	−2 126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	229 000	0	0	0
Real Eastate	9 015 000	9 409 000	9 802 000	10 118 000
Machinery and Plant Facilities	0	545 000	1 134 000	1 723 000
Fixtures	7 000	25 000	44 000	62 000
Total Tangible Assets	9 022 000	9 979 000	10 980 000	11 904 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 252 000	9 979 000	10 980 000	11 904 000
Stock	932 000	947 000	1 318 000	1 589 000
Total Investments	0	0	0	0
Cash, Bank	462 000	263 000	233 000	343 000
Total Current Assets	4 225 000	5 025 000	4 933 000	7 409 000
Total Assets	13 477 000	15 004 000	15 913 000	19 312 000
Total Equity	3 426 000	4 986 000	6 239 000	7 688 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 250 000	4 000 000	4 750 000	5 500 000
Creditors	551 000	278 000	253 000	1 746 000
Unpaid Taxes	70 000	69 000	52 000	77 000
Dividends	0	0	0	0
Other Current Debt	2 101 000	1 731 000	679 000	250 000
Total Current Debt	6 801 000	6 018 000	4 924 000	6 124 000
Total Equity and Debt	13 477 000	15 004 000	15 913 000	19 312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,53 %	−25,13 %	−23,22 %	−27,65 %
Debt-to-Equity Ratio	0,95	0,8	0,76	0,72
Operating Profit Margin	−25,08 %	−15,74 %	−14,14 %	−30,34 %
Current Ratio	0,62	0,83	1	1,21
Quick Ratio	0,72	0,99	1,37	1,63
Equity Ratio	0,25	0,33	0,39	0,4
Gross Profit Margin	65,67 %	74,83 %	74,17 %	68,88 %