CEVA AIR & OCEAN NORWAY AS

0277 OSLO

Finances

Share Ownership

Return on Equity

29,95 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 500 000	33 637 000	31 439 000	46 123 000
Net Income	2 388 000	880 000	−330 000	−98 000
Total Assets	19 204 000	12 308 000	10 120 000	15 093 000
Total Equity	7 972 000	5 584 000	4 703 000	5 595 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 500 000	33 637 000	31 439 000	46 123 000
Expenditure	49 479 000	32 262 000	31 771 000	46 068 000
Operating Profit	3 021 000	1 375 000	−331 000	55 000
Financial Income	1 588 000	251 000	1 306 000	346 000
Financial Costs	1 474 000	433 000	1 277 000	488 000
Financial Balance	114 000	−182 000	29 000	−142 000
Earnings Before Tax	3 135 000	1 194 000	−302 000	−87 000
Tax	747 000	313 000	28 000	10 000
Net Income	2 388 000	880 000	−330 000	−98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	38 000	54 000	21 000
Total Current Assets	19 167 000	12 270 000	10 067 000	15 071 000
Total Assets	19 204 000	12 308 000	10 120 000	15 093 000
Total Retained Equity	6 522 000	4 134 000	3 253 000	4 145 000
Total Equity	7 972 000	5 584 000	4 703 000	5 595 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 232 000	6 725 000	5 417 000	9 497 000
Total Equity and Debt	19 204 000	12 308 000	10 120 000	15 093 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 500 000	33 410 000	31 439 000	46 123 000
Other Income	0	227 000	0	0
Revenue	52 500 000	33 637 000	31 439 000	46 123 000
Cost of Goods Sold	39 784 000	24 946 000	23 452 000	35 629 000
Salary Costs	5 411 000	3 280 000	4 084 000	5 640 000
Depreciation	31 000	27 000	19 000	48 000
Impairment	0	0	0	0
Expenditure	49 479 000	32 262 000	31 771 000	46 068 000
Operating Profit	3 021 000	1 375 000	−331 000	55 000
Financial Income	1 588 000	251 000	1 306 000	346 000
Financial Costs	1 474 000	433 000	1 277 000	488 000
Financial Balance	114 000	−182 000	29 000	−142 000
Dividends	0	0	0	0
Net Income	2 388 000	880 000	−330 000	−98 000

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	37 000	38 000	54 000	21 000
Fixtures	0	0	0	0
Total Tangible Assets	37 000	38 000	54 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 000	38 000	54 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 735 000	4 000 000	4 523 000	4 199 000
Total Current Assets	19 167 000	12 270 000	10 067 000	15 071 000
Total Assets	19 204 000	12 308 000	10 120 000	15 093 000
Total Equity	7 972 000	5 584 000	4 703 000	5 595 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−214 000	1 156 000	934 000	1 204 000
Unpaid Taxes	319 000	241 000	249 000	352 000
Dividends	0	0	0	0
Other Current Debt	10 383 000	5 017 000	4 208 000	7 933 000
Total Current Debt	11 232 000	6 725 000	5 417 000	9 497 000
Total Equity and Debt	19 204 000	12 308 000	10 120 000	15 093 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,95 %	15,76 %	−7,02 %	−1,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,75 %	4,09 %	−1,05 %	0,12 %
Current Ratio	1,71	1,82	1,86	1,59
Quick Ratio	1,71	1,82	1,86	1,59
Equity Ratio	0,42	0,45	0,46	0,37
Gross Profit Margin	24,22 %	25,84 %	25,4 %	22,75 %