CIGILL AS

3830 ULEFOSS

Finances

Return on Equity

2,61 %

Current Ratio

2,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 491 000	7 420 000	6 338 000	5 963 000
Net Income	70 000	698 000	210 000	109 000
Total Assets	4 297 000	4 069 000	3 469 000	3 257 000
Total Equity	2 687 000	2 831 000	2 469 000	2 278 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 491 000	7 420 000	6 338 000	5 963 000
Expenditure	7 397 000	6 529 000	6 072 000	5 827 000
Operating Profit	95 000	891 000	265 000	136 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	95 000	891 000	265 000	136 000
Tax	25 000	194 000	55 000	27 000
Net Income	70 000	698 000	210 000	109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 000	93 000	75 000	41 000
Total Current Assets	4 196 000	3 976 000	3 394 000	3 217 000
Total Assets	4 297 000	4 069 000	3 469 000	3 257 000
Total Retained Equity	677 000	821 000	460 000	268 000
Total Equity	2 687 000	2 831 000	2 469 000	2 278 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 611 000	1 237 000	1 000 000	980 000
Total Equity and Debt	4 297 000	4 069 000	3 469 000	3 257 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 491 000	7 420 000	6 338 000	5 963 000
Other Income	0	0	0	0
Revenue	7 491 000	7 420 000	6 338 000	5 963 000
Cost of Goods Sold	4 370 000	4 287 000	3 897 000	3 275 000
Salary Costs	1 827 000	1 446 000	1 223 000	1 620 000
Depreciation	13 000	9 000	3 000	0
Impairment	0	0	0	0
Expenditure	7 397 000	6 529 000	6 072 000	5 827 000
Operating Profit	95 000	891 000	265 000	136 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	215 000	300 000	0	0
Net Income	70 000	698 000	210 000	109 000

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	40 000	53 000	35 000	0
Total Tangible Assets	40 000	53 000	35 000	0
Total Fiancial Fixed Assets	61 000	41 000	41 000	41 000
Total Fixed Assets	101 000	93 000	75 000	41 000
Stock	2 094 000	2 003 000	1 919 000	2 178 000
Total Investments	0	0	0	0
Cash, Bank	1 711 000	1 603 000	1 063 000	446 000
Total Current Assets	4 196 000	3 976 000	3 394 000	3 217 000
Total Assets	4 297 000	4 069 000	3 469 000	3 257 000
Total Equity	2 687 000	2 831 000	2 469 000	2 278 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	721 000	323 000	247 000	293 000
Unpaid Taxes	320 000	238 000	214 000	212 000
Dividends	215 000	300 000	0	0
Other Current Debt	546 000	493 000	490 000	456 000
Total Current Debt	1 611 000	1 237 000	1 000 000	980 000
Total Equity and Debt	4 297 000	4 069 000	3 469 000	3 257 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,61 %	24,66 %	8,51 %	4,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,27 %	12,01 %	4,18 %	2,28 %
Current Ratio	2,6	3,21	3,39	3,28
Quick Ratio	−8,69	−5,19	−3,69	−2,69
Equity Ratio	0,63	0,7	0,71	0,7
Gross Profit Margin	41,66 %	42,22 %	38,51 %	45,08 %