CME - CORROSION AND MATERIALS ENGINEERING AS

4018 STAVANGER

Finances

Share Ownership

Return on Equity

2 839,02 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 480 000	2 342 000	2 535 000	2 324 000
Net Income	1 164 000	1 192 000	1 320 000	1 038 000
Total Assets	1 832 000	3 337 000	2 047 000	1 650 000
Total Equity	41 000	41 000	39 000	38 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 480 000	2 342 000	2 535 000	2 324 000
Expenditure	988 000	815 000	842 000	993 000
Operating Profit	1 492 000	1 527 000	1 694 000	1 331 000
Financial Income	4 000	3 000	2 000	1 000
Financial Costs	4 000	2 000	4 000	0
Financial Balance	0	1 000	−2 000	1 000
Earnings Before Tax	1 493 000	1 528 000	1 692 000	1 331 000
Tax	328 000	336 000	372 000	293 000
Net Income	1 164 000	1 192 000	1 320 000	1 038 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	35 000	50 000	44 000
Total Current Assets	1 821 000	3 303 000	1 996 000	1 606 000
Total Assets	1 832 000	3 337 000	2 047 000	1 650 000
Total Retained Equity	11 000	11 000	9 000	8 000
Total Equity	41 000	41 000	39 000	38 000
Total Long-Term Debt	0	2 000	4 000	4 000
Total Current Debt	1 790 000	3 294 000	2 004 000	1 607 000
Total Equity and Debt	1 832 000	3 337 000	2 047 000	1 650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 480 000	2 342 000	2 535 000	2 324 000
Other Income	0	0	0	0
Revenue	2 480 000	2 342 000	2 535 000	2 324 000
Cost of Goods Sold	0	0	16 000	0
Salary Costs	760 000	722 000	701 000	669 000
Depreciation	27 000	16 000	13 000	12 000
Impairment	0	0	0	0
Expenditure	988 000	815 000	842 000	993 000
Operating Profit	1 492 000	1 527 000	1 694 000	1 331 000
Financial Income	4 000	3 000	2 000	1 000
Financial Costs	4 000	2 000	4 000	0
Financial Balance	0	1 000	−2 000	1 000
Dividends	1 164 000	1 190 000	1 319 000	0
Net Income	1 164 000	1 192 000	1 320 000	1 038 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	8 000	20 000	32 000	44 000
Fixtures	0	15 000	18 000	0
Total Tangible Assets	8 000	35 000	50 000	44 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000	35 000	50 000	44 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 350 000	2 792 000	1 536 000	1 205 000
Total Current Assets	1 821 000	3 303 000	1 996 000	1 606 000
Total Assets	1 832 000	3 337 000	2 047 000	1 650 000
Total Equity	41 000	41 000	39 000	38 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	4 000	4 000
Creditors	0	3 000	0	3 000
Unpaid Taxes	178 000	213 000	200 000	197 000
Dividends	1 164 000	1 190 000	1 319 000	0
Other Current Debt	115 000	1 550 000	112 000	77 000
Total Current Debt	1 790 000	3 294 000	2 004 000	1 607 000
Total Equity and Debt	1 832 000	3 337 000	2 047 000	1 650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 839,02 %	2 907,32 %	3 384,62 %	2 731,58 %
Debt-to-Equity Ratio	0	0,05	0,1	0,11
Operating Profit Margin	60,16 %	65,2 %	66,82 %	57,27 %
Current Ratio	1,02	1	1	1
Quick Ratio	1,02	1	1	1
Equity Ratio	0,02	0,01	0,02	0,02
Gross Profit Margin	100 %	100 %	99,37 %	100 %