CONTROL CUTTER AS

4056 TANANGER

Finances

Return on Equity

71,65 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 732 000	29 775 000	11 887 000	18 298 000
Net Income	22 372 000	6 378 000	−942 000	2 425 000
Total Assets	68 090 000	31 338 000	26 414 000	20 494 000
Total Equity	31 223 000	8 851 000	2 472 000	3 415 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 732 000	29 775 000	11 887 000	18 298 000
Expenditure	41 646 000	22 783 000	12 373 000	15 701 000
Operating Profit	28 085 000	6 992 000	−486 000	2 597 000
Financial Income	323 000	2 000	129 000	169 000
Financial Costs	1 415 000	616 000	585 000	342 000
Financial Balance	−1 092 000	−614 000	−456 000	−173 000
Earnings Before Tax	26 994 000	6 378 000	−942 000	2 425 000
Tax	4 622 000	0	0	0
Net Income	22 372 000	6 378 000	−942 000	2 425 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 021 000	17 584 000	13 444 000	11 233 000
Total Current Assets	49 068 000	13 754 000	12 970 000	9 261 000
Total Assets	68 090 000	31 338 000	26 414 000	20 494 000
Total Retained Equity	24 336 000	1 964 000	−4 414 000	−3 472 000
Total Equity	31 223 000	8 851 000	2 472 000	3 415 000
Total Long-Term Debt	9 654 000	9 974 000	10 327 000	9 413 000
Total Current Debt	27 212 000	12 514 000	13 614 000	7 667 000
Total Equity and Debt	68 090 000	31 338 000	26 414 000	20 494 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 732 000	29 775 000	11 887 000	18 298 000
Other Income	0	0	0	0
Revenue	69 732 000	29 775 000	11 887 000	18 298 000
Cost of Goods Sold	19 510 000	8 969 000	2 411 000	8 195 000
Salary Costs	7 240 000	6 373 000	5 273 000	3 078 000
Depreciation	1 867 000	910 000	223 000	105 000
Impairment	0	0	0	0
Expenditure	41 646 000	22 783 000	12 373 000	15 701 000
Operating Profit	28 085 000	6 992 000	−486 000	2 597 000
Financial Income	323 000	2 000	129 000	169 000
Financial Costs	1 415 000	616 000	585 000	342 000
Financial Balance	−1 092 000	−614 000	−456 000	−173 000
Dividends	0	0	0	0
Net Income	22 372 000	6 378 000	−942 000	2 425 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 051 000	9 378 000	10 185 000	7 926 000
Real Eastate	0	50 000	0	0
Machinery and Plant Facilities	5 041 000	4 202 000	67 000	134 000
Fixtures	104 000	128 000	162 000	143 000
Total Tangible Assets	5 144 000	4 380 000	229 000	277 000
Total Fiancial Fixed Assets	3 826 000	3 826 000	3 030 000	3 030 000
Total Fixed Assets	19 021 000	17 584 000	13 444 000	11 233 000
Stock	6 101 000	1 432 000	723 000	399 000
Total Investments	0	0	0	0
Cash, Bank	9 585 000	825 000	6 897 000	1 892 000
Total Current Assets	49 068 000	13 754 000	12 970 000	9 261 000
Total Assets	68 090 000	31 338 000	26 414 000	20 494 000
Total Equity	31 223 000	8 851 000	2 472 000	3 415 000
Short-Term Group Debt	6 225 000	3 210 000	4 882 000	0
Total Long-Term Debt	9 654 000	9 974 000	10 327 000	9 413 000
Creditors	12 245 000	1 238 000	1 350 000	1 389 000
Unpaid Taxes	2 586 000	1 804 000	352 000	316 000
Dividends	0	0	0	0
Other Current Debt	2 716 000	6 262 000	7 030 000	5 962 000
Total Current Debt	27 212 000	12 514 000	13 614 000	7 667 000
Total Equity and Debt	68 090 000	31 338 000	26 414 000	20 494 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,65 %	72,06 %	−38,11 %	71,01 %
Debt-to-Equity Ratio	0,31	1,13	4,18	2,76
Operating Profit Margin	40,28 %	23,48 %	−4,09 %	14,19 %
Current Ratio	1,8	1,1	0,95	1,21
Quick Ratio	2,32	1,24	1,01	1,27
Equity Ratio	0,46	0,28	0,09	0,17
Gross Profit Margin	72,02 %	69,88 %	79,72 %	55,21 %