CREONORDIC PROSJEKT AS

3172 VEAR

Finances

Share Ownership

Return on Equity

45,76 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 917 000	72 212 000	63 965 000	63 848 000
Net Income	2 278 000	803 000	193 000	2 294 000
Total Assets	20 397 000	16 959 000	14 116 000	8 568 000
Total Equity	4 978 000	5 252 000	2 635 000	1 435 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 917 000	72 212 000	63 965 000	63 848 000
Expenditure	85 656 000	70 746 000	63 439 000	60 543 000
Operating Profit	3 261 000	1 466 000	526 000	3 305 000
Financial Income	−48 000	1 000	1 000	40 000
Financial Costs	283 000	437 000	278 000	403 000
Financial Balance	−331 000	−436 000	−277 000	−363 000
Earnings Before Tax	2 930 000	1 030 000	249 000	2 942 000
Tax	652 000	227 000	57 000	648 000
Net Income	2 278 000	803 000	193 000	2 294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	147 000	79 000	818 000	1 158 000
Total Current Assets	20 250 000	16 880 000	13 299 000	7 409 000
Total Assets	20 397 000	16 959 000	14 116 000	8 568 000
Total Retained Equity	722 000	996 000	193 000	0
Total Equity	4 978 000	5 252 000	2 635 000	1 435 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 419 000	11 707 000	11 482 000	7 133 000
Total Equity and Debt	20 397 000	16 959 000	14 116 000	8 568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	88 917 000	72 212 000	63 965 000	63 848 000
Other Income	0	0	0	0
Revenue	88 917 000	72 212 000	63 965 000	63 848 000
Cost of Goods Sold	61 037 000	54 600 000	44 923 000	43 377 000
Salary Costs	14 282 000	9 863 000	10 415 000	10 480 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	85 656 000	70 746 000	63 439 000	60 543 000
Operating Profit	3 261 000	1 466 000	526 000	3 305 000
Financial Income	−48 000	1 000	1 000	40 000
Financial Costs	283 000	437 000	278 000	403 000
Financial Balance	−331 000	−436 000	−277 000	−363 000
Dividends	0	0	0	0
Net Income	2 278 000	803 000	193 000	2 294 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	147 000	79 000	818 000	1 158 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	147 000	79 000	818 000	1 158 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	571 000	343 000	292 000	275 000
Total Current Assets	20 250 000	16 880 000	13 299 000	7 409 000
Total Assets	20 397 000	16 959 000	14 116 000	8 568 000
Total Equity	4 978 000	5 252 000	2 635 000	1 435 000
Short-Term Group Debt	7 872 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 854 000	2 782 000	3 097 000	3 315 000
Unpaid Taxes	1 254 000	1 678 000	1 453 000	880 000
Dividends	0	0	0	0
Other Current Debt	1 439 000	7 247 000	6 931 000	2 938 000
Total Current Debt	15 419 000	11 707 000	11 482 000	7 133 000
Total Equity and Debt	20 397 000	16 959 000	14 116 000	8 568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,76 %	15,29 %	7,32 %	159,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,67 %	2,03 %	0,82 %	5,18 %
Current Ratio	1,31	1,44	1,16	1,04
Quick Ratio	1,31	1,44	1,16	1,04
Equity Ratio	0,24	0,31	0,19	0,17
Gross Profit Margin	31,36 %	24,39 %	29,77 %	32,06 %