CECO AS

7045 TRONDHEIM

Finances

Return on Equity

−60,32 %

Current Ratio

3,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	653 000	970 000	1 211 000	860 000
Net Income	−526 000	185 000	701 000	343 000
Total Assets	1 161 000	1 933 000	1 793 000	1 400 000
Total Equity	872 000	1 489 000	1 603 000	1 163 000

Income (NOK)	2022	2021	2020	2019
Revenue	653 000	970 000	1 211 000	860 000
Expenditure	1 066 000	1 040 000	601 000	1 011 000
Operating Profit	−414 000	−70 000	609 000	−151 000
Financial Income	53 000	374 000	144 000	497 000
Financial Costs	165 000	118 000	17 000	2 000
Financial Balance	−112 000	256 000	127 000	495 000
Earnings Before Tax	−526 000	185 000	735 000	343 000
Tax	0	0	35 000	0
Net Income	−526 000	185 000	701 000	343 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	54 000	196 000	196 000
Total Current Assets	1 111 000	1 880 000	1 597 000	1 204 000
Total Assets	1 161 000	1 933 000	1 793 000	1 400 000
Total Retained Equity	772 000	1 388 000	1 503 000	1 062 000
Total Equity	872 000	1 489 000	1 603 000	1 163 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	288 000	445 000	189 000	237 000
Total Equity and Debt	1 161 000	1 933 000	1 793 000	1 400 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	653 000	970 000	1 211 000	860 000
Other Income	0	0	0	0
Revenue	653 000	970 000	1 211 000	860 000
Cost of Goods Sold	0	0	0	0
Salary Costs	932 000	898 000	538 000	913 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 066 000	1 040 000	601 000	1 011 000
Operating Profit	−414 000	−70 000	609 000	−151 000
Financial Income	53 000	374 000	144 000	497 000
Financial Costs	165 000	118 000	17 000	2 000
Financial Balance	−112 000	256 000	127 000	495 000
Dividends	0	0	0	0
Net Income	−526 000	185 000	701 000	343 000

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	50 000	54 000	196 000	196 000
Total Fixed Assets	50 000	54 000	196 000	196 000
Stock	0	0	0	0
Total Investments	704 000	379 000	747 000	265 000
Cash, Bank	388 000	1 298 000	354 000	460 000
Total Current Assets	1 111 000	1 880 000	1 597 000	1 204 000
Total Assets	1 161 000	1 933 000	1 793 000	1 400 000
Total Equity	872 000	1 489 000	1 603 000	1 163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	4 000	5 000	26 000
Unpaid Taxes	181 000	208 000	100 000	142 000
Dividends	0	0	0	0
Other Current Debt	103 000	83 000	49 000	68 000
Total Current Debt	288 000	445 000	189 000	237 000
Total Equity and Debt	1 161 000	1 933 000	1 793 000	1 400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−60,32 %	12,42 %	43,73 %	29,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−63,4 %	−7,22 %	50,29 %	−17,56 %
Current Ratio	3,86	4,22	8,45	5,08
Quick Ratio	3,86	4,22	8,45	5,08
Equity Ratio	0,75	0,77	0,89	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %