CINCINNATUS AS

0672 OSLO

Finances

Return on Equity

16,35 %

Current Ratio

40,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	159 000	286 000	0
Net Income	748 000	1 179 000	948 000	−383 000
Total Assets	4 609 000	3 833 000	2 721 000	1 703 000
Total Equity	4 574 000	3 826 000	2 647 000	1 699 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	159 000	286 000	0
Expenditure	66 000	45 000	19 000	537 000
Operating Profit	−66 000	114 000	267 000	−537 000
Financial Income	828 000	1 097 000	634 000	1 232 000
Financial Costs	0	0	0	1 078 000
Financial Balance	828 000	1 097 000	634 000	154 000
Earnings Before Tax	762 000	1 212 000	901 000	−383 000
Tax	14 000	32 000	−47 000	0
Net Income	748 000	1 179 000	948 000	−383 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 184 000	2 849 000	82 000	1 140 000
Total Current Assets	1 425 000	984 000	2 640 000	563 000
Total Assets	4 609 000	3 833 000	2 721 000	1 703 000
Total Retained Equity	4 473 000	3 725 000	2 546 000	1 598 000
Total Equity	4 574 000	3 826 000	2 647 000	1 699 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	35 000	7 000	74 000	4 000
Total Equity and Debt	4 609 000	3 833 000	2 721 000	1 703 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	159 000	286 000	0
Other Income	0	0	0	0
Revenue	0	159 000	286 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	66 000	45 000	19 000	537 000
Operating Profit	−66 000	114 000	267 000	−537 000
Financial Income	828 000	1 097 000	634 000	1 232 000
Financial Costs	0	0	0	1 078 000
Financial Balance	828 000	1 097 000	634 000	154 000
Dividends	0	0	0	24 000
Net Income	748 000	1 179 000	948 000	−383 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	14 000	47 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	13 000	0	0
Total Tangible Assets	8 000	13 000	0	0
Total Fiancial Fixed Assets	3 176 000	2 822 000	35 000	1 140 000
Total Fixed Assets	3 184 000	2 849 000	82 000	1 140 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 398 000	932 000	2 232 000	478 000
Total Current Assets	1 425 000	984 000	2 640 000	563 000
Total Assets	4 609 000	3 833 000	2 721 000	1 703 000
Total Equity	4 574 000	3 826 000	2 647 000	1 699 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	6 000	3 000	3 000
Unpaid Taxes	0	0	71 000	0
Dividends	0	0	0	24 000
Other Current Debt	29 000	1 000	1 000	1 000
Total Current Debt	35 000	7 000	74 000	4 000
Total Equity and Debt	4 609 000	3 833 000	2 721 000	1 703 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,35 %	30,82 %	35,81 %	−22,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	71,7 %	93,36 %	-
Current Ratio	40,71	140,57	35,68	140,75
Quick Ratio	40,71	140,57	35,68	140,75
Equity Ratio	0,99	1	0,97	1
Gross Profit Margin	-	100 %	100 %	-