CREDEX INVEST AS

5931 MANGER

Finances

Return on Equity

11,63 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	718 000	0	50 000
Net Income	1 973 000	2 676 000	3 619 000	5 381 000
Total Assets	19 051 000	20 085 000	20 457 000	19 888 000
Total Equity	16 959 000	16 986 000	17 310 000	16 091 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	718 000	0	50 000
Expenditure	44 000	140 000	73 000	63 000
Operating Profit	−44 000	578 000	−74 000	−13 000
Financial Income	2 009 000	2 200 000	3 753 000	5 500 000
Financial Costs	0	3 000	60 000	106 000
Financial Balance	2 009 000	2 197 000	3 693 000	5 394 000
Earnings Before Tax	1 966 000	2 775 000	3 619 000	5 381 000
Tax	−8 000	99 000	0	0
Net Income	1 973 000	2 676 000	3 619 000	5 381 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 864 000	15 864 000	17 906 000	16 666 000
Total Current Assets	3 186 000	4 221 000	2 551 000	3 222 000
Total Assets	19 051 000	20 085 000	20 457 000	19 888 000
Total Retained Equity	16 566 000	16 593 000	16 917 000	15 698 000
Total Equity	16 959 000	16 986 000	17 310 000	16 091 000
Total Long-Term Debt	91 000	99 000	746 000	3 264 000
Total Current Debt	2 000 000	3 000 000	2 401 000	533 000
Total Equity and Debt	19 051 000	20 085 000	20 457 000	19 888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	50 000
Other Income	0	718 000	0	0
Revenue	0	718 000	0	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	8 000	9 000
Impairment	0	0	0	0
Expenditure	44 000	140 000	73 000	63 000
Operating Profit	−44 000	578 000	−74 000	−13 000
Financial Income	2 009 000	2 200 000	3 753 000	5 500 000
Financial Costs	0	3 000	60 000	106 000
Financial Balance	2 009 000	2 197 000	3 693 000	5 394 000
Dividends	2 000 000	3 000 000	2 400 000	500 000
Net Income	1 973 000	2 676 000	3 619 000	5 381 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	2 042 000	2 042 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	8 000
Total Tangible Assets	0	0	2 042 000	2 050 000
Total Fiancial Fixed Assets	15 864 000	15 864 000	15 864 000	14 616 000
Total Fixed Assets	15 864 000	15 864 000	17 906 000	16 666 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	186 000	1 921 000	51 000	172 000
Total Current Assets	3 186 000	4 221 000	2 551 000	3 222 000
Total Assets	19 051 000	20 085 000	20 457 000	19 888 000
Total Equity	16 959 000	16 986 000	17 310 000	16 091 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	91 000	99 000	746 000	3 264 000
Creditors	0	0	1 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	2 000 000	3 000 000	2 400 000	500 000
Other Current Debt	0	0	0	32 000
Total Current Debt	2 000 000	3 000 000	2 401 000	533 000
Total Equity and Debt	19 051 000	20 085 000	20 457 000	19 888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,63 %	15,75 %	20,91 %	33,44 %
Debt-to-Equity Ratio	0,01	0,01	0,04	0,2
Operating Profit Margin	-	80,5 %	-	−26 %
Current Ratio	1,59	1,41	1,06	6,05
Quick Ratio	1,59	1,41	1,06	6,05
Equity Ratio	0,89	0,85	0,85	0,81
Gross Profit Margin	-	100 %	-	100 %