CEV FLÅM AS

5015 BERGEN

Finances

Share Ownership

Return on Equity

81,47 %

Current Ratio

1,8

Debt-to-Equity Ratio

9,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	755 000	627 000	587 000	759 000
Net Income	343 000	276 000	−89 000	288 000
Total Assets	5 118 000	5 004 000	4 606 000	4 145 000
Total Equity	421 000	455 000	486 000	513 000

Income (NOK)	2022	2021	2020	2019
Revenue	755 000	627 000	587 000	759 000
Expenditure	198 000	199 000	231 000	267 000
Operating Profit	557 000	428 000	356 000	492 000
Financial Income	21 000	2 000	0	0
Financial Costs	137 000	76 000	471 000	123 000
Financial Balance	−116 000	−74 000	−471 000	−123 000
Earnings Before Tax	440 000	354 000	−114 000	369 000
Tax	97 000	78 000	−25 000	81 000
Net Income	343 000	276 000	−89 000	288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 689 000	3 825 000	3 961 000	4 097 000
Total Current Assets	1 429 000	1 179 000	645 000	49 000
Total Assets	5 118 000	5 004 000	4 606 000	4 145 000
Total Retained Equity	321 000	355 000	386 000	413 000
Total Equity	421 000	455 000	486 000	513 000
Total Long-Term Debt	3 901 000	3 879 000	30 000	447 000
Total Current Debt	796 000	670 000	4 090 000	3 185 000
Total Equity and Debt	5 118 000	5 004 000	4 606 000	4 145 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	755 000	627 000	587 000	759 000
Revenue	755 000	627 000	587 000	759 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	136 000	136 000	136 000	136 000
Impairment	0	0	0	0
Expenditure	198 000	199 000	231 000	267 000
Operating Profit	557 000	428 000	356 000	492 000
Financial Income	21 000	2 000	0	0
Financial Costs	137 000	76 000	471 000	123 000
Financial Balance	−116 000	−74 000	−471 000	−123 000
Dividends	0	0	0	0
Net Income	343 000	276 000	−89 000	288 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 689 000	3 825 000	3 961 000	4 097 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 689 000	3 825 000	3 961 000	4 097 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 689 000	3 825 000	3 961 000	4 097 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 353 000	1 179 000	516 000	0
Total Current Assets	1 429 000	1 179 000	645 000	49 000
Total Assets	5 118 000	5 004 000	4 606 000	4 145 000
Total Equity	421 000	455 000	486 000	513 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 901 000	3 879 000	30 000	447 000
Creditors	0	0	0	0
Unpaid Taxes	52 000	51 000	0	2 000
Dividends	0	0	0	0
Other Current Debt	743 000	619 000	4 090 000	3 183 000
Total Current Debt	796 000	670 000	4 090 000	3 185 000
Total Equity and Debt	5 118 000	5 004 000	4 606 000	4 145 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,47 %	60,66 %	−18,31 %	56,14 %
Debt-to-Equity Ratio	9,27	8,53	0,06	0,87
Operating Profit Margin	73,77 %	68,26 %	60,65 %	64,82 %
Current Ratio	1,8	1,76	0,16	0,02
Quick Ratio	1,8	1,76	0,16	0,02
Equity Ratio	0,08	0,09	0,11	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %