CG ENGINEERING AS

4027 STAVANGER

Finances

Share Ownership

Return on Equity

−9,9 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 486 000	1 959 000	2 857 000	5 842 000
Net Income	−57 000	−73 000	−590 000	1 432 000
Total Assets	1 496 000	1 333 000	1 527 000	2 477 000
Total Equity	576 000	633 000	801 000	1 640 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 486 000	1 959 000	2 857 000	5 842 000
Expenditure	2 498 000	2 034 000	3 538 000	4 118 000
Operating Profit	−13 000	−76 000	−682 000	1 725 000
Financial Income	2 000	3 000	8 000	1 000
Financial Costs	0	0	2 000	0
Financial Balance	2 000	3 000	6 000	1 000
Earnings Before Tax	−11 000	−73 000	−675 000	1 726 000
Tax	47 000	0	−86 000	294 000
Net Income	−57 000	−73 000	−590 000	1 432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 000	138 000	224 000	248 000
Total Current Assets	1 433 000	1 196 000	1 304 000	2 230 000
Total Assets	1 496 000	1 333 000	1 527 000	2 477 000
Total Retained Equity	474 000	532 000	699 000	1 539 000
Total Equity	576 000	633 000	801 000	1 640 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	920 000	700 000	727 000	837 000
Total Equity and Debt	1 496 000	1 333 000	1 527 000	2 477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 486 000	1 897 000	2 857 000	5 842 000
Other Income	0	62 000	0	0
Revenue	2 486 000	1 959 000	2 857 000	5 842 000
Cost of Goods Sold	503 000	195 000	756 000	963 000
Salary Costs	1 246 000	1 225 000	2 057 000	2 447 000
Depreciation	75 000	86 000	39 000	27 000
Impairment	0	0	0	0
Expenditure	2 498 000	2 034 000	3 538 000	4 118 000
Operating Profit	−13 000	−76 000	−682 000	1 725 000
Financial Income	2 000	3 000	8 000	1 000
Financial Costs	0	0	2 000	0
Financial Balance	2 000	3 000	6 000	1 000
Dividends	0	0	0	0
Net Income	−57 000	−73 000	−590 000	1 432 000

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	63 000	138 000	224 000	38 000
Total Tangible Assets	63 000	138 000	224 000	38 000
Total Fiancial Fixed Assets	0	0	0	210 000
Total Fixed Assets	63 000	138 000	224 000	248 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 194 000	1 067 000	721 000	1 434 000
Total Current Assets	1 433 000	1 196 000	1 304 000	2 230 000
Total Assets	1 496 000	1 333 000	1 527 000	2 477 000
Total Equity	576 000	633 000	801 000	1 640 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	40 000	9 000	45 000	13 000
Unpaid Taxes	183 000	167 000	156 000	244 000
Dividends	0	0	0	0
Other Current Debt	651 000	525 000	525 000	287 000
Total Current Debt	920 000	700 000	727 000	837 000
Total Equity and Debt	1 496 000	1 333 000	1 527 000	2 477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,9 %	−11,53 %	−73,66 %	87,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,52 %	−3,88 %	−23,87 %	29,53 %
Current Ratio	1,56	1,71	1,79	2,66
Quick Ratio	1,56	1,71	1,79	2,66
Equity Ratio	0,39	0,47	0,52	0,66
Gross Profit Margin	79,77 %	90,05 %	73,54 %	83,52 %