CEALTECH AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

172,39 %

Current Ratio

0,59

Debt-to-Equity Ratio

−2,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 797 000	4 780 000	1 343 000	379 000
Net Income	−10 947 000	−12 473 000	−10 749 000	−18 674 000
Total Assets	14 918 000	18 785 000	19 620 000	24 467 000
Total Equity	−6 350 000	4 597 000	6 382 000	5 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 797 000	4 780 000	1 343 000	379 000
Expenditure	16 754 000	16 248 000	10 648 000	17 140 000
Operating Profit	−9 958 000	−11 468 000	−9 305 000	−16 762 000
Financial Income	2 000	38 000	7 000	11 000
Financial Costs	991 000	1 043 000	1 451 000	1 924 000
Financial Balance	−989 000	−1 005 000	−1 444 000	−1 913 000
Earnings Before Tax	−10 947 000	−12 473 000	−10 749 000	−18 674 000
Tax	0	0	0	0
Net Income	−10 947 000	−12 473 000	−10 749 000	−18 674 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 749 000	15 348 000	18 429 000	22 276 000
Total Current Assets	2 170 000	3 437 000	1 191 000	2 190 000
Total Assets	14 918 000	18 785 000	19 620 000	24 467 000
Total Retained Equity	−6 519 000	0	0	0
Total Equity	−6 350 000	4 597 000	6 382 000	5 231 000
Total Long-Term Debt	17 567 000	10 309 000	11 268 000	12 600 000
Total Current Debt	3 701 000	3 879 000	1 969 000	6 636 000
Total Equity and Debt	14 918 000	18 785 000	19 620 000	24 467 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 114 000	1 807 000	772 000	325 000
Other Income	3 683 000	2 973 000	571 000	54 000
Revenue	6 797 000	4 780 000	1 343 000	379 000
Cost of Goods Sold	0	0	0	13 000
Salary Costs	5 272 000	4 700 000	3 965 000	4 070 000
Depreciation	2 919 000	3 134 000	3 435 000	3 777 000
Impairment	0	0	0	1 923 000
Expenditure	16 754 000	16 248 000	10 648 000	17 140 000
Operating Profit	−9 958 000	−11 468 000	−9 305 000	−16 762 000
Financial Income	2 000	38 000	7 000	11 000
Financial Costs	991 000	1 043 000	1 451 000	1 924 000
Financial Balance	−989 000	−1 005 000	−1 444 000	−1 913 000
Dividends	0	0	0	0
Net Income	−10 947 000	−12 473 000	−10 749 000	−18 674 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 030 000	9 544 000	11 059 000	12 573 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 435 000	5 415 000	6 820 000	8 557 000
Fixtures	64 000	169 000	331 000	514 000
Total Tangible Assets	4 500 000	5 585 000	7 151 000	9 071 000
Total Fiancial Fixed Assets	219 000	219 000	219 000	632 000
Total Fixed Assets	12 749 000	15 348 000	18 429 000	22 276 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	379 000	1 070 000	725 000	1 189 000
Total Current Assets	2 170 000	3 437 000	1 191 000	2 190 000
Total Assets	14 918 000	18 785 000	19 620 000	24 467 000
Total Equity	−6 350 000	4 597 000	6 382 000	5 231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 567 000	10 309 000	11 268 000	12 600 000
Creditors	2 579 000	3 023 000	1 293 000	1 712 000
Unpaid Taxes	321 000	302 000	311 000	356 000
Dividends	0	0	0	0
Other Current Debt	801 000	553 000	365 000	4 569 000
Total Current Debt	3 701 000	3 879 000	1 969 000	6 636 000
Total Equity and Debt	14 918 000	18 785 000	19 620 000	24 467 000

Financial indicators	2022	2021	2020	2019
Return on Equity	172,39 %	−271,33 %	−168,43 %	−356,99 %
Debt-to-Equity Ratio	−2,77	2,24	1,77	2,41
Operating Profit Margin	−146,51 %	−239,92 %	−692,85 %	−4 422,69 %
Current Ratio	0,59	0,89	0,6	0,33
Quick Ratio	0,59	0,89	0,6	0,33
Equity Ratio	−0,43	0,24	0,33	0,21
Gross Profit Margin	100 %	100 %	100 %	96,57 %