CIFERO AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

209,27 %

Current Ratio

0,94

Debt-to-Equity Ratio

6,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 120 000	8 030 000	7 313 000	7 422 000
Net Income	316 000	158 000	272 000	100 000
Total Assets	3 847 000	3 369 000	3 371 000	2 935 000
Total Equity	151 000	486 000	472 000	200 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 120 000	8 030 000	7 313 000	7 422 000
Expenditure	8 576 000	7 807 000	6 938 000	7 224 000
Operating Profit	545 000	224 000	376 000	197 000
Financial Income	0	4 000	19 000	13 000
Financial Costs	140 000	24 000	49 000	82 000
Financial Balance	−140 000	−20 000	−30 000	−69 000
Earnings Before Tax	405 000	204 000	345 000	128 000
Tax	89 000	46 000	73 000	28 000
Net Income	316 000	158 000	272 000	100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 284 000	1 435 000	1 603 000	1 378 000
Total Current Assets	2 563 000	1 935 000	1 768 000	1 557 000
Total Assets	3 847 000	3 369 000	3 371 000	2 935 000
Total Retained Equity	51 000	386 000	372 000	100 000
Total Equity	151 000	486 000	472 000	200 000
Total Long-Term Debt	979 000	887 000	405 000	12 000
Total Current Debt	2 716 000	1 996 000	2 494 000	2 723 000
Total Equity and Debt	3 847 000	3 369 000	3 371 000	2 935 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 120 000	8 030 000	7 313 000	7 422 000
Other Income	0	0	0	0
Revenue	9 120 000	8 030 000	7 313 000	7 422 000
Cost of Goods Sold	1 385 000	1 149 000	740 000	653 000
Salary Costs	5 201 000	4 926 000	4 591 000	4 546 000
Depreciation	264 000	224 000	183 000	96 000
Impairment	0	0	0	0
Expenditure	8 576 000	7 807 000	6 938 000	7 224 000
Operating Profit	545 000	224 000	376 000	197 000
Financial Income	0	4 000	19 000	13 000
Financial Costs	140 000	24 000	49 000	82 000
Financial Balance	−140 000	−20 000	−30 000	−69 000
Dividends	650 000	0	0	273 000
Net Income	316 000	158 000	272 000	100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 016 000	1 206 000	1 362 000	1 212 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	268 000	228 000	240 000	106 000
Total Tangible Assets	268 000	228 000	240 000	106 000
Total Fiancial Fixed Assets	0	0	0	60 000
Total Fixed Assets	1 284 000	1 435 000	1 603 000	1 378 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	215 000	165 000	192 000	324 000
Total Current Assets	2 563 000	1 935 000	1 768 000	1 557 000
Total Assets	3 847 000	3 369 000	3 371 000	2 935 000
Total Equity	151 000	486 000	472 000	200 000
Short-Term Group Debt	0	0	0	60 000
Total Long-Term Debt	979 000	887 000	405 000	12 000
Creditors	503 000	418 000	148 000	489 000
Unpaid Taxes	619 000	768 000	1 072 000	766 000
Dividends	650 000	0	0	273 000
Other Current Debt	560 000	525 000	912 000	1 207 000
Total Current Debt	2 716 000	1 996 000	2 494 000	2 723 000
Total Equity and Debt	3 847 000	3 369 000	3 371 000	2 935 000

Financial indicators	2022	2021	2020	2019
Return on Equity	209,27 %	32,51 %	57,63 %	50 %
Debt-to-Equity Ratio	6,48	1,83	0,86	0,06
Operating Profit Margin	5,98 %	2,79 %	5,14 %	2,65 %
Current Ratio	0,94	0,97	0,71	0,57
Quick Ratio	0,94	0,97	0,71	0,57
Equity Ratio	0,04	0,14	0,14	0,07
Gross Profit Margin	84,81 %	85,69 %	89,88 %	91,2 %