CREO AS

0884 OSLO

Finances

Share Ownership

Return on Equity

35,66 %

Current Ratio

0,47

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	191 000	331 000	554 000	880 000
Net Income	−102 000	−37 000	−40 000	−184 000
Total Assets	344 000	349 000	398 000	491 000
Total Equity	−286 000	−184 000	−147 000	−107 000

Income (NOK)	2021	2020	2019	2018
Revenue	191 000	331 000	554 000	880 000
Expenditure	249 000	336 000	554 000	1 015 000
Operating Profit	−59 000	−5 000	0	−136 000
Financial Income	0	0	0	0
Financial Costs	42 000	32 000	40 000	44 000
Financial Balance	−42 000	−32 000	−40 000	−44 000
Earnings Before Tax	−102 000	−37 000	−40 000	−180 000
Tax	0	0	0	5 000
Net Income	−102 000	−37 000	−40 000	−184 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	46 000	1 000	3 000	22 000
Total Current Assets	298 000	349 000	395 000	469 000
Total Assets	344 000	349 000	398 000	491 000
Total Retained Equity	−386 000	−284 000	−247 000	−207 000
Total Equity	−286 000	−184 000	−147 000	−107 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	629 000	533 000	545 000	598 000
Total Equity and Debt	344 000	349 000	398 000	491 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	191 000	331 000	554 000	880 000
Other Income	0	0	0	0
Revenue	191 000	331 000	554 000	880 000
Cost of Goods Sold	114 000	207 000	302 000	477 000
Salary Costs	0	0	0	1 000
Depreciation	7 000	2 000	19 000	35 000
Impairment	0	0	0	0
Expenditure	249 000	336 000	554 000	1 015 000
Operating Profit	−59 000	−5 000	0	−136 000
Financial Income	0	0	0	0
Financial Costs	42 000	32 000	40 000	44 000
Financial Balance	−42 000	−32 000	−40 000	−44 000
Dividends	0	0	0	0
Net Income	−102 000	−37 000	−40 000	−184 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	45 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	2 000	21 000
Total Tangible Assets	0	0	2 000	21 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	46 000	1 000	3 000	22 000
Stock	293 000	315 000	387 000	414 000
Total Investments	0	0	0	0
Cash, Bank	0	30 000	4 000	50 000
Total Current Assets	298 000	349 000	395 000	469 000
Total Assets	344 000	349 000	398 000	491 000
Total Equity	−286 000	−184 000	−147 000	−107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	31 000	19 000	49 000	103 000
Unpaid Taxes	5 000	12 000	29 000	48 000
Dividends	0	0	0	0
Other Current Debt	382 000	210 000	238 000	238 000
Total Current Debt	629 000	533 000	545 000	598 000
Total Equity and Debt	344 000	349 000	398 000	491 000

Financial indicators	2021	2020	2019	2018
Return on Equity	35,66 %	20,11 %	27,21 %	171,96 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−30,89 %	−1,51 %	0 %	−15,45 %
Current Ratio	0,47	0,65	0,72	0,78
Quick Ratio	0,89	1,6	2,5	2,55
Equity Ratio	−0,83	−0,53	−0,37	−0,22
Gross Profit Margin	40,31 %	37,46 %	45,49 %	45,8 %