KREDIN AS

2240 MAGNOR

Finances

Share Ownership

Return on Equity

23,2 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 411 000	2 305 000	1 842 000	1 005 000
Net Income	373 000	5 000	−359 000	−333 000
Total Assets	3 223 000	2 700 000	2 414 000	2 646 000
Total Equity	1 608 000	1 235 000	1 230 000	1 590 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 411 000	2 305 000	1 842 000	1 005 000
Expenditure	2 868 000	2 236 000	2 247 000	1 439 000
Operating Profit	543 000	69 000	−405 000	−435 000
Financial Income	10 000	7 000	2 000	5 000
Financial Costs	75 000	70 000	58 000	45 000
Financial Balance	−65 000	−63 000	−56 000	−40 000
Earnings Before Tax	478 000	7 000	−461 000	−475 000
Tax	105 000	1 000	−102 000	−142 000
Net Income	373 000	5 000	−359 000	−333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 346 000	1 947 000	1 692 000	1 135 000
Total Current Assets	877 000	753 000	722 000	1 511 000
Total Assets	3 223 000	2 700 000	2 414 000	2 646 000
Total Retained Equity	−438 000	−811 000	−816 000	−457 000
Total Equity	1 608 000	1 235 000	1 230 000	1 590 000
Total Long-Term Debt	988 000	1 228 000	918 000	900 000
Total Current Debt	626 000	237 000	266 000	156 000
Total Equity and Debt	3 223 000	2 700 000	2 414 000	2 646 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 411 000	2 305 000	1 832 000	1 005 000
Other Income	0	0	10 000	0
Revenue	3 411 000	2 305 000	1 842 000	1 005 000
Cost of Goods Sold	270 000	342 000	102 000	30 000
Salary Costs	1 501 000	957 000	748 000	739 000
Depreciation	280 000	214 000	178 000	154 000
Impairment	0	0	0	0
Expenditure	2 868 000	2 236 000	2 247 000	1 439 000
Operating Profit	543 000	69 000	−405 000	−435 000
Financial Income	10 000	7 000	2 000	5 000
Financial Costs	75 000	70 000	58 000	45 000
Financial Balance	−65 000	−63 000	−56 000	−40 000
Dividends	0	0	0	0
Net Income	373 000	5 000	−359 000	−333 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 346 000	1 947 000	1 692 000	1 135 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 346 000	1 947 000	1 692 000	1 135 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	186 000	174 000	37 000	72 000
Total Current Assets	877 000	753 000	722 000	1 511 000
Total Assets	3 223 000	2 700 000	2 414 000	2 646 000
Total Equity	1 608 000	1 235 000	1 230 000	1 590 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	988 000	1 228 000	918 000	900 000
Creditors	86 000	0	48 000	17 000
Unpaid Taxes	237 000	142 000	124 000	70 000
Dividends	0	0	0	0
Other Current Debt	303 000	95 000	94 000	68 000
Total Current Debt	626 000	237 000	266 000	156 000
Total Equity and Debt	3 223 000	2 700 000	2 414 000	2 646 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,2 %	0,4 %	−29,19 %	−20,94 %
Debt-to-Equity Ratio	0,61	0,99	0,75	0,57
Operating Profit Margin	15,92 %	2,99 %	−21,99 %	−43,28 %
Current Ratio	1,4	3,18	2,71	9,69
Quick Ratio	1,4	3,18	2,71	9,69
Equity Ratio	0,5	0,46	0,51	0,6
Gross Profit Margin	92,08 %	85,16 %	94,46 %	97,01 %