CREDEVA DEVELOPMENT AS

0160 OSLO

Finances

Share Ownership

Return on Equity

−6,96 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	196 000	567 000	942 000	600 000
Net Income	−88 000	−195 000	339 000	199 000
Total Assets	2 177 000	1 725 000	2 685 000	2 155 000
Total Equity	1 264 000	1 266 000	1 461 000	1 194 000

Income (NOK)	2022	2021	2020	2019
Revenue	196 000	567 000	942 000	600 000
Expenditure	258 000	728 000	452 000	294 000
Operating Profit	−62 000	−162 000	490 000	307 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	51 000	34 000	56 000	52 000
Financial Balance	−50 000	−33 000	−55 000	−52 000
Earnings Before Tax	−112 000	−195 000	435 000	255 000
Tax	−24 000	0	96 000	56 000
Net Income	−88 000	−195 000	339 000	199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	0	11 000	19 000
Total Current Assets	2 133 000	1 725 000	2 674 000	2 136 000
Total Assets	2 177 000	1 725 000	2 685 000	2 155 000
Total Retained Equity	−322 000	−234 000	−39 000	−306 000
Total Equity	1 264 000	1 266 000	1 461 000	1 194 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	913 000	458 000	1 224 000	961 000
Total Equity and Debt	2 177 000	1 725 000	2 685 000	2 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	196 000	567 000	942 000	600 000
Other Income	0	0	0	0
Revenue	196 000	567 000	942 000	600 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	224 000	0	0
Depreciation	0	11 000	8 000	5 000
Impairment	0	0	0	0
Expenditure	258 000	728 000	452 000	294 000
Operating Profit	−62 000	−162 000	490 000	307 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	51 000	34 000	56 000	52 000
Financial Balance	−50 000	−33 000	−55 000	−52 000
Dividends	0	0	0	0
Net Income	−88 000	−195 000	339 000	199 000

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	0	0	0	0
Fixtures	0	0	11 000	19 000
Total Tangible Assets	0	0	11 000	19 000
Total Fiancial Fixed Assets	44 000	0	0	0
Total Fixed Assets	44 000	0	11 000	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	121 000	1 000	0
Total Current Assets	2 133 000	1 725 000	2 674 000	2 136 000
Total Assets	2 177 000	1 725 000	2 685 000	2 155 000
Total Equity	1 264 000	1 266 000	1 461 000	1 194 000
Short-Term Group Debt	0	0	92 000	0
Total Long-Term Debt	0	0	0	1 000
Creditors	40 000	435 000	273 000	317 000
Unpaid Taxes	0	3 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	21 000	−1 000	6 000
Total Current Debt	913 000	458 000	1 224 000	961 000
Total Equity and Debt	2 177 000	1 725 000	2 685 000	2 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,96 %	−15,4 %	23,2 %	16,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−31,63 %	−28,57 %	52,02 %	51,17 %
Current Ratio	2,34	3,77	2,18	2,22
Quick Ratio	2,34	3,77	2,18	2,22
Equity Ratio	0,58	0,73	0,54	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %