KROSVOLLEN AS

4887 GRIMSTAD

Finances

Share Ownership

Return on Equity

−15,72 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	202 000	159 000	97 000	113 000
Net Income	−25 000	9 000	22 000	32 000
Total Assets	283 000	309 000	345 000	246 000
Total Equity	159 000	184 000	175 000	153 000

Income (NOK)	2022	2021	2020	2019
Revenue	202 000	159 000	97 000	113 000
Expenditure	203 000	149 000	69 000	70 000
Operating Profit	0	10 000	29 000	43 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Earnings Before Tax	0	10 000	29 000	41 000
Tax	25 000	1 000	6 000	9 000
Net Income	−25 000	9 000	22 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 000	50 000	0	0
Total Current Assets	220 000	259 000	345 000	246 000
Total Assets	283 000	309 000	345 000	246 000
Total Retained Equity	109 000	134 000	125 000	103 000
Total Equity	159 000	184 000	175 000	153 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	123 000	125 000	169 000	93 000
Total Equity and Debt	283 000	309 000	345 000	246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	202 000	159 000	97 000	113 000
Other Income	0	0	0	0
Revenue	202 000	159 000	97 000	113 000
Cost of Goods Sold	179 000	125 000	53 000	52 000
Salary Costs	0	0	0	0
Depreciation	12 000	8 000	0	0
Impairment	0	0	0	0
Expenditure	203 000	149 000	69 000	70 000
Operating Profit	0	10 000	29 000	43 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Dividends	0	0	0	0
Net Income	−25 000	9 000	22 000	32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	50 000	0	0
Total Tangible Assets	38 000	50 000	0	0
Total Fiancial Fixed Assets	24 000	0	0	0
Total Fixed Assets	63 000	50 000	0	0
Stock	0	109 000	92 000	44 000
Total Investments	0	0	0	0
Cash, Bank	95 000	146 000	180 000	171 000
Total Current Assets	220 000	259 000	345 000	246 000
Total Assets	283 000	309 000	345 000	246 000
Total Equity	159 000	184 000	175 000	153 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	105 000	61 000
Unpaid Taxes	16 000	5 000	18 000	0
Dividends	0	0	0	0
Other Current Debt	82 000	117 000	39 000	23 000
Total Current Debt	123 000	125 000	169 000	93 000
Total Equity and Debt	283 000	309 000	345 000	246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,72 %	4,89 %	12,57 %	20,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0 %	6,29 %	29,9 %	38,05 %
Current Ratio	1,79	2,07	2,04	2,65
Quick Ratio	1,79	16,19	4,48	5,02
Equity Ratio	0,56	0,6	0,51	0,62
Gross Profit Margin	11,39 %	21,38 %	45,36 %	53,98 %