KREATIV EIENDOMSUTVIKLING AS

1448 DRØBAK

Finances

Return on Equity

36 %

Current Ratio

1,4

Debt-to-Equity Ratio

4,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 429 000	5 011 000	4 768 000	15 049 000
Net Income	3 446 000	−3 898 000	−1 055 000	−121 000
Total Assets	95 831 000	138 187 000	73 497 000	71 029 000
Total Equity	9 573 000	6 126 000	10 025 000	11 080 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 429 000	5 011 000	4 768 000	15 049 000
Expenditure	60 516 000	7 848 000	7 333 000	14 761 000
Operating Profit	6 914 000	−2 838 000	−2 566 000	289 000
Financial Income	582 000	1 014 000	2 512 000	1 420 000
Financial Costs	3 342 000	2 805 000	1 968 000	2 176 000
Financial Balance	−2 760 000	−1 791 000	544 000	−756 000
Earnings Before Tax	4 153 000	−4 629 000	−2 022 000	−467 000
Tax	707 000	−731 000	−967 000	−346 000
Net Income	3 446 000	−3 898 000	−1 055 000	−121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 548 000	36 392 000	38 308 000	37 343 000
Total Current Assets	61 283 000	101 794 000	35 190 000	33 686 000
Total Assets	95 831 000	138 187 000	73 497 000	71 029 000
Total Retained Equity	2 423 000	−1 024 000	2 875 000	3 930 000
Total Equity	9 573 000	6 126 000	10 025 000	11 080 000
Total Long-Term Debt	42 399 000	43 837 000	56 140 000	52 259 000
Total Current Debt	43 859 000	88 223 000	7 333 000	7 691 000
Total Equity and Debt	95 831 000	138 187 000	73 497 000	71 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 100 000	0	0	10 075 000
Other Income	5 329 000	5 011 000	4 768 000	4 975 000
Revenue	67 429 000	5 011 000	4 768 000	15 049 000
Cost of Goods Sold	52 158 000	72 000	364 000	7 054 000
Salary Costs	2 559 000	2 610 000	2 393 000	2 396 000
Depreciation	2 608 000	2 610 000	2 603 000	2 525 000
Impairment	0	0	0	0
Expenditure	60 516 000	7 848 000	7 333 000	14 761 000
Operating Profit	6 914 000	−2 838 000	−2 566 000	289 000
Financial Income	582 000	1 014 000	2 512 000	1 420 000
Financial Costs	3 342 000	2 805 000	1 968 000	2 176 000
Financial Balance	−2 760 000	−1 791 000	544 000	−756 000
Dividends	0	0	0	12 000 000
Net Income	3 446 000	−3 898 000	−1 055 000	−121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 703 000	32 179 000	34 654 000	37 130 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	218 000	350 000	485 000	188 000
Total Tangible Assets	29 921 000	32 529 000	35 139 000	37 318 000
Total Fiancial Fixed Assets	4 627 000	3 864 000	3 168 000	25 000
Total Fixed Assets	34 548 000	36 392 000	38 308 000	37 343 000
Stock	31 231 000	74 438 000	28 909 000	24 518 000
Total Investments	0	0	0	0
Cash, Bank	449 000	6 897 000	814 000	180 000
Total Current Assets	61 283 000	101 794 000	35 190 000	33 686 000
Total Assets	95 831 000	138 187 000	73 497 000	71 029 000
Total Equity	9 573 000	6 126 000	10 025 000	11 080 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 399 000	43 837 000	56 140 000	52 259 000
Creditors	8 601 000	2 912 000	2 770 000	686 000
Unpaid Taxes	115 000	309 000	308 000	458 000
Dividends	0	0	0	12 000 000
Other Current Debt	2 032 000	8 760 000	4 255 000	6 180 000
Total Current Debt	43 859 000	88 223 000	7 333 000	7 691 000
Total Equity and Debt	95 831 000	138 187 000	73 497 000	71 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36 %	−63,63 %	−10,52 %	−1,09 %
Debt-to-Equity Ratio	4,43	7,16	5,6	4,72
Operating Profit Margin	10,25 %	−56,64 %	−53,82 %	1,92 %
Current Ratio	1,4	1,15	4,8	4,38
Quick Ratio	4,85	7,38	−1,63	−2
Equity Ratio	0,1	0,04	0,14	0,16
Gross Profit Margin	22,65 %	98,56 %	92,37 %	53,13 %