KROSSANES AS

9770 MEHAMN

Finances

Share Ownership

Return on Equity

10,99 %

Current Ratio

0,01

Debt-to-Equity Ratio

−1,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	436 000	305 000	220 000	774 000
Net Income	−360 000	−135 000	−992 000	−349 000
Total Assets	4 065 000	4 408 000	4 647 000	4 891 000
Total Equity	−3 277 000	−2 918 000	−2 783 000	−1 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	436 000	305 000	220 000	774 000
Expenditure	800 000	441 000	716 000	1 121 000
Operating Profit	−363 000	−137 000	−495 000	−347 000
Financial Income	3 000	4 000	4 000	6 000
Financial Costs	0	1 000	501 000	8 000
Financial Balance	3 000	3 000	−497 000	−2 000
Earnings Before Tax	−360 000	−135 000	−992 000	−349 000
Tax	0	0	0	0
Net Income	−360 000	−135 000	−992 000	−349 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 039 000	4 231 000	4 470 000	4 725 000
Total Current Assets	26 000	177 000	176 000	165 000
Total Assets	4 065 000	4 408 000	4 647 000	4 891 000
Total Retained Equity	−3 377 000	−3 018 000	−2 883 000	−1 891 000
Total Equity	−3 277 000	−2 918 000	−2 783 000	−1 791 000
Total Long-Term Debt	5 432 000	5 432 000	5 432 000	5 011 000
Total Current Debt	1 911 000	1 893 000	1 998 000	1 671 000
Total Equity and Debt	4 065 000	4 408 000	4 647 000	4 891 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	458 000	320 000	231 000	814 000
Other Income	−22 000	−15 000	−11 000	−40 000
Revenue	436 000	305 000	220 000	774 000
Cost of Goods Sold	38 000	0	3 000	27 000
Salary Costs	252 000	109 000	27 000	428 000
Depreciation	192 000	239 000	255 000	255 000
Impairment	0	0	0	0
Expenditure	800 000	441 000	716 000	1 121 000
Operating Profit	−363 000	−137 000	−495 000	−347 000
Financial Income	3 000	4 000	4 000	6 000
Financial Costs	0	1 000	501 000	8 000
Financial Balance	3 000	3 000	−497 000	−2 000
Dividends	0	0	0	0
Net Income	−360 000	−135 000	−992 000	−349 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 500 000	1 500 000	1 500 000	1 500 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 000	11 000	67 000	140 000
Fixtures	0	0	0	0
Total Tangible Assets	2 539 000	2 731 000	2 970 000	3 225 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 039 000	4 231 000	4 470 000	4 725 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	149 000	92 000	165 000
Total Current Assets	26 000	177 000	176 000	165 000
Total Assets	4 065 000	4 408 000	4 647 000	4 891 000
Total Equity	−3 277 000	−2 918 000	−2 783 000	−1 791 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 432 000	5 432 000	5 432 000	5 011 000
Creditors	1 464 000	1 460 000	1 488 000	1 412 000
Unpaid Taxes	0	22 000	5 000	0
Dividends	0	0	0	0
Other Current Debt	446 000	412 000	505 000	258 000
Total Current Debt	1 911 000	1 893 000	1 998 000	1 671 000
Total Equity and Debt	4 065 000	4 408 000	4 647 000	4 891 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,99 %	4,63 %	35,64 %	19,49 %
Debt-to-Equity Ratio	−1,66	−1,86	−1,95	−2,8
Operating Profit Margin	−83,26 %	−44,92 %	−225 %	−44,83 %
Current Ratio	0,01	0,09	0,09	0,1
Quick Ratio	0,01	0,09	0,09	0,1
Equity Ratio	−0,81	−0,66	−0,6	−0,37
Gross Profit Margin	91,28 %	100 %	98,64 %	96,51 %