CINGO AS

0380 OSLO

Finances

Return on Equity

−322,22 %

Current Ratio

0,67

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	402 000	2 450 000	2 415 000	1 160 000
Net Income	116 000	−184 000	1 000	290 000
Total Assets	91 000	533 000	589 000	558 000
Total Equity	−36 000	−152 000	32 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	402 000	2 450 000	2 415 000	1 160 000
Expenditure	287 000	2 647 000	2 439 000	863 000
Operating Profit	115 000	−197 000	−24 000	297 000
Financial Income	27 000	13 000	27 000	0
Financial Costs	26 000	0	1 000	1 000
Financial Balance	1 000	13 000	26 000	−1 000
Earnings Before Tax	116 000	−184 000	1 000	296 000
Tax	0	0	0	7 000
Net Income	116 000	−184 000	1 000	290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	32 000	0	0
Total Current Assets	85 000	501 000	589 000	558 000
Total Assets	91 000	533 000	589 000	558 000
Total Retained Equity	−69 000	−185 000	−1 000	−2 000
Total Equity	−36 000	−152 000	32 000	31 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	127 000	685 000	557 000	527 000
Total Equity and Debt	91 000	533 000	589 000	558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	402 000	2 450 000	2 415 000	1 160 000
Other Income	0	0	0	0
Revenue	402 000	2 450 000	2 415 000	1 160 000
Cost of Goods Sold	0	0	0	0
Salary Costs	155 000	2 539 000	2 257 000	502 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	287 000	2 647 000	2 439 000	863 000
Operating Profit	115 000	−197 000	−24 000	297 000
Financial Income	27 000	13 000	27 000	0
Financial Costs	26 000	0	1 000	1 000
Financial Balance	1 000	13 000	26 000	−1 000
Dividends	0	0	0	0
Net Income	116 000	−184 000	1 000	290 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 000	32 000	0	0
Total Fixed Assets	6 000	32 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	57 000	304 000	393 000	360 000
Total Current Assets	85 000	501 000	589 000	558 000
Total Assets	91 000	533 000	589 000	558 000
Total Equity	−36 000	−152 000	32 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	11 000	12 000	17 000
Unpaid Taxes	9 000	359 000	321 000	299 000
Dividends	0	0	0	0
Other Current Debt	107 000	316 000	224 000	211 000
Total Current Debt	127 000	685 000	557 000	527 000
Total Equity and Debt	91 000	533 000	589 000	558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−322,22 %	121,05 %	3,13 %	935,48 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	28,61 %	−8,04 %	−0,99 %	25,6 %
Current Ratio	0,67	0,73	1,06	1,06
Quick Ratio	0,67	0,73	1,06	1,06
Equity Ratio	−0,4	−0,29	0,05	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %