CREDO UT PÅ TUR AS

0254 OSLO

Finances

Share Ownership

Return on Equity

11,38 %

Current Ratio

0,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	312 000	1 688 000	2 388 000	236 000
Net Income	174 000	659 000	−469 000	−480 000
Total Assets	5 815 000	5 985 000	5 021 000	2 824 000
Total Equity	1 529 000	1 551 000	892 000	1 027 000

Income (NOK)	2022	2021	2020	2019
Revenue	312 000	1 688 000	2 388 000	236 000
Expenditure	85 000	832 000	2 986 000	850 000
Operating Profit	227 000	856 000	−598 000	−614 000
Financial Income	0	0	0	0
Financial Costs	4 000	11 000	2 000	1 000
Financial Balance	−4 000	−11 000	−2 000	−1 000
Earnings Before Tax	224 000	845 000	−601 000	−615 000
Tax	49 000	186 000	−132 000	−135 000
Net Income	174 000	659 000	−469 000	−480 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 460 000	5 785 000	341 000	655 000
Total Current Assets	355 000	200 000	4 680 000	2 169 000
Total Assets	5 815 000	5 985 000	5 021 000	2 824 000
Total Retained Equity	1 510 000	1 532 000	873 000	1 007 000
Total Equity	1 529 000	1 551 000	892 000	1 027 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 285 000	4 433 000	4 129 000	1 798 000
Total Equity and Debt	5 815 000	5 985 000	5 021 000	2 824 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 667 000	2 238 000	236 000
Other Income	312 000	22 000	150 000	0
Revenue	312 000	1 688 000	2 388 000	236 000
Cost of Goods Sold	18 000	489 000	2 154 000	150 000
Salary Costs	−6 000	0	0	0
Depreciation	7 000	240 000	352 000	345 000
Impairment	0	0	0	0
Expenditure	85 000	832 000	2 986 000	850 000
Operating Profit	227 000	856 000	−598 000	−614 000
Financial Income	0	0	0	0
Financial Costs	4 000	11 000	2 000	1 000
Financial Balance	−4 000	−11 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	174 000	659 000	−469 000	−480 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	64 000	85 000	60 000	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	41 000	281 000	633 000
Total Tangible Assets	34 000	41 000	281 000	633 000
Total Fiancial Fixed Assets	5 361 000	5 659 000	0	0
Total Fixed Assets	5 460 000	5 785 000	341 000	655 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	66 000	17 000	21 000
Total Current Assets	355 000	200 000	4 680 000	2 169 000
Total Assets	5 815 000	5 985 000	5 021 000	2 824 000
Total Equity	1 529 000	1 551 000	892 000	1 027 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	5 000	1 000
Unpaid Taxes	0	1 000	105 000	1 000
Dividends	0	0	0	0
Other Current Debt	4 122 000	4 221 000	3 923 000	1 730 000
Total Current Debt	4 285 000	4 433 000	4 129 000	1 798 000
Total Equity and Debt	5 815 000	5 985 000	5 021 000	2 824 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,38 %	42,49 %	−52,58 %	−46,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	72,76 %	50,71 %	−25,04 %	−260,17 %
Current Ratio	0,08	0,05	1,13	1,21
Quick Ratio	0,08	0,05	1,13	1,21
Equity Ratio	0,26	0,26	0,18	0,36
Gross Profit Margin	94,23 %	71,03 %	9,8 %	36,44 %