CRED AS

1397 NESØYA

Finances

Share Ownership

Return on Equity

89,99 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	18 732 000	1 581 000	1 054 000
Net Income	908 000	27 000	50 000
Total Assets	3 430 000	2 092 000	439 000
Total Equity	1 009 000	102 000	75 000

Income (NOK)	2022	2021	2020
Revenue	18 732 000	1 581 000	1 054 000
Expenditure	17 572 000	1 544 000	990 000
Operating Profit	1 160 000	37 000	64 000
Financial Income	18 000	0	0
Financial Costs	14 000	1 000	0
Financial Balance	4 000	−1 000	0
Earnings Before Tax	1 164 000	36 000	64 000
Tax	256 000	10 000	13 000
Net Income	908 000	27 000	50 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	5 000	22 000
Total Current Assets	3 430 000	2 087 000	417 000
Total Assets	3 430 000	2 092 000	439 000
Total Retained Equity	985 000	77 000	50 000
Total Equity	1 009 000	102 000	75 000
Total Long-Term Debt	0	0	1 000
Total Current Debt	2 421 000	1 990 000	364 000
Total Equity and Debt	3 430 000	2 092 000	439 000

Cash flow (NOK)	2022	2021	2020
Sales Income	18 581 000	1 559 000	1 054 000
Other Income	150 000	22 000	0
Revenue	18 732 000	1 581 000	1 054 000
Cost of Goods Sold	13 825 000	784 000	432 000
Salary Costs	3 306 000	561 000	327 000
Depreciation	5 000	17 000	18 000
Impairment	0	0	0
Expenditure	17 572 000	1 544 000	990 000
Operating Profit	1 160 000	37 000	64 000
Financial Income	18 000	0	0
Financial Costs	14 000	1 000	0
Financial Balance	4 000	−1 000	0
Dividends	0	0	0
Net Income	908 000	27 000	50 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	5 000	22 000
Total Tangible Assets	0	5 000	22 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	5 000	22 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 418 000	1 009 000	453 000
Total Current Assets	3 430 000	2 087 000	417 000
Total Assets	3 430 000	2 092 000	439 000
Total Equity	1 009 000	102 000	75 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	1 000
Creditors	29 000	119 000	25 000
Unpaid Taxes	985 000	151 000	1 000
Dividends	0	0	0
Other Current Debt	1 151 000	1 709 000	325 000
Total Current Debt	2 421 000	1 990 000	364 000
Total Equity and Debt	3 430 000	2 092 000	439 000

Financial indicators	2022	2021	2020
Return on Equity	89,99 %	26,47 %	66,67 %
Debt-to-Equity Ratio	0	0	0,01
Operating Profit Margin	6,19 %	2,34 %	6,07 %
Current Ratio	1,42	1,05	1,15
Quick Ratio	1,42	1,05	1,15
Equity Ratio	0,29	0,05	0,17
Gross Profit Margin	26,2 %	50,41 %	59,01 %