CRE8 SYSTEMS AS

4050 SOLA

Finances

Return on Equity

10,68 %

Current Ratio

2,83

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 599 000	82 574 000	65 609 000	70 208 000
Net Income	5 466 000	12 956 000	3 604 000	6 765 000
Total Assets	70 559 000	81 926 000	80 462 000	57 906 000
Total Equity	51 197 000	48 777 000	44 101 000	43 879 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 599 000	82 574 000	65 609 000	70 208 000
Expenditure	53 753 000	66 306 000	61 173 000	61 552 000
Operating Profit	6 846 000	16 267 000	4 436 000	8 656 000
Financial Income	689 000	787 000	672 000	577 000
Financial Costs	525 000	443 000	482 000	557 000
Financial Balance	164 000	344 000	190 000	20 000
Earnings Before Tax	7 010 000	16 611 000	4 626 000	8 676 000
Tax	1 544 000	3 654 000	1 021 000	1 911 000
Net Income	5 466 000	12 956 000	3 604 000	6 765 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 616 000	26 298 000	22 305 000	22 550 000
Total Current Assets	43 943 000	55 628 000	58 157 000	35 357 000
Total Assets	70 559 000	81 926 000	80 462 000	57 906 000
Total Retained Equity	51 097 000	48 677 000	44 001 000	43 779 000
Total Equity	51 197 000	48 777 000	44 101 000	43 879 000
Total Long-Term Debt	3 859 000	6 569 000	5 736 000	4 888 000
Total Current Debt	15 503 000	26 580 000	30 625 000	9 140 000
Total Equity and Debt	70 559 000	81 926 000	80 462 000	57 906 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 835 000	82 562 000	65 609 000	69 651 000
Other Income	−236 000	12 000	0	557 000
Revenue	60 599 000	82 574 000	65 609 000	70 208 000
Cost of Goods Sold	28 663 000	42 963 000	40 690 000	42 105 000
Salary Costs	20 411 000	18 770 000	16 771 000	15 612 000
Depreciation	129 000	168 000	154 000	126 000
Impairment	0	0	0	0
Expenditure	53 753 000	66 306 000	61 173 000	61 552 000
Operating Profit	6 846 000	16 267 000	4 436 000	8 656 000
Financial Income	689 000	787 000	672 000	577 000
Financial Costs	525 000	443 000	482 000	557 000
Financial Balance	164 000	344 000	190 000	20 000
Dividends	2 733 000	8 280 000	3 382 000	0
Net Income	5 466 000	12 956 000	3 604 000	6 765 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	18 000	30 000	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	148 000	218 000	221 000	346 000
Total Tangible Assets	148 000	218 000	221 000	346 000
Total Fiancial Fixed Assets	26 462 000	26 063 000	22 054 000	22 161 000
Total Fixed Assets	26 616 000	26 298 000	22 305 000	22 550 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 905 000	27 836 000	27 165 000	16 048 000
Total Current Assets	43 943 000	55 628 000	58 157 000	35 357 000
Total Assets	70 559 000	81 926 000	80 462 000	57 906 000
Total Equity	51 197 000	48 777 000	44 101 000	43 879 000
Short-Term Group Debt	1 189 000	789 000	0	494 000
Total Long-Term Debt	3 859 000	6 569 000	5 736 000	4 888 000
Creditors	827 000	3 208 000	11 928 000	2 005 000
Unpaid Taxes	3 934 000	3 435 000	4 137 000	1 752 000
Dividends	2 733 000	8 280 000	3 382 000	0
Other Current Debt	3 001 000	9 082 000	14 561 000	2 611 000
Total Current Debt	15 503 000	26 580 000	30 625 000	9 140 000
Total Equity and Debt	70 559 000	81 926 000	80 462 000	57 906 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,68 %	26,56 %	8,17 %	15,42 %
Debt-to-Equity Ratio	0,08	0,13	0,13	0,11
Operating Profit Margin	11,3 %	19,7 %	6,76 %	12,33 %
Current Ratio	2,83	2,09	1,9	3,87
Quick Ratio	2,83	2,09	1,9	3,87
Equity Ratio	0,73	0,6	0,55	0,76
Gross Profit Margin	52,7 %	47,97 %	37,98 %	40,03 %