CRAFTSMANSHIP HOLDING AS

3115 TØNSBERG

Finances

Return on Equity

23,52 %

Current Ratio

0,87

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	83 908 000	71 801 000	68 385 000	77 772 000
Net Income	1 744 000	5 118 000	3 878 000	419 000
Total Assets	25 340 000	30 116 000	28 649 000	20 542 000
Total Equity	7 414 000	11 958 000	7 624 000	3 750 000

Income (NOK)	2022	2021	2020	2019
Revenue	83 908 000	71 801 000	68 385 000	77 772 000
Expenditure	81 514 000	65 212 000	62 799 000	77 215 000
Operating Profit	2 395 000	6 590 000	5 586 000	557 000
Financial Income	117 000	277 000	23 000	111 000
Financial Costs	229 000	287 000	604 000	145 000
Financial Balance	−112 000	−10 000	−581 000	−34 000
Earnings Before Tax	2 283 000	6 580 000	5 005 000	523 000
Tax	539 000	1 462 000	1 127 000	105 000
Net Income	1 744 000	5 118 000	3 878 000	419 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 057 000	8 831 000	8 664 000	9 598 000
Total Current Assets	12 283 000	21 285 000	19 985 000	10 944 000
Total Assets	25 340 000	30 116 000	28 649 000	20 542 000
Total Retained Equity	7 152 000	11 696 000	7 362 000	3 488 000
Total Equity	7 414 000	11 958 000	7 624 000	3 750 000
Total Long-Term Debt	3 765 000	6 259 000	8 987 000	3 099 000
Total Current Debt	14 161 000	11 899 000	12 038 000	13 694 000
Total Equity and Debt	25 340 000	30 116 000	28 649 000	20 542 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	83 882 000	68 765 000	66 571 000	77 764 000
Other Income	27 000	3 036 000	1 814 000	8 000
Revenue	83 908 000	71 801 000	68 385 000	77 772 000
Cost of Goods Sold	22 464 000	18 083 000	18 936 000	22 422 000
Salary Costs	34 033 000	26 037 000	26 057 000	34 896 000
Depreciation	1 778 000	1 691 000	1 580 000	1 514 000
Impairment	15 000	39 000	0	0
Expenditure	81 514 000	65 212 000	62 799 000	77 215 000
Operating Profit	2 395 000	6 590 000	5 586 000	557 000
Financial Income	117 000	277 000	23 000	111 000
Financial Costs	229 000	287 000	604 000	145 000
Financial Balance	−112 000	−10 000	−581 000	−34 000
Dividends	0	0	0	0
Net Income	1 744 000	5 118 000	3 878 000	419 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 628 000	1 453 000	167 000	162 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	18 000	0	0	0
Fixtures	6 185 000	5 454 000	6 257 000	6 543 000
Total Tangible Assets	6 204 000	5 454 000	6 257 000	6 543 000
Total Fiancial Fixed Assets	5 225 000	1 923 000	2 239 000	2 893 000
Total Fixed Assets	13 057 000	8 831 000	8 664 000	9 598 000
Stock	1 771 000	1 534 000	1 518 000	1 373 000
Total Investments	0	0	0	0
Cash, Bank	5 742 000	16 076 000	14 807 000	6 181 000
Total Current Assets	12 283 000	21 285 000	19 985 000	10 944 000
Total Assets	25 340 000	30 116 000	28 649 000	20 542 000
Total Equity	7 414 000	11 958 000	7 624 000	3 750 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 765 000	6 259 000	8 987 000	3 099 000
Creditors	3 240 000	1 243 000	2 938 000	3 023 000
Unpaid Taxes	4 031 000	3 283 000	2 476 000	3 752 000
Dividends	0	0	0	0
Other Current Debt	6 361 000	5 822 000	5 480 000	6 919 000
Total Current Debt	14 161 000	11 899 000	12 038 000	13 694 000
Total Equity and Debt	25 340 000	30 116 000	28 649 000	20 542 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,52 %	42,8 %	50,87 %	11,17 %
Debt-to-Equity Ratio	0,51	0,52	1,18	0,83
Operating Profit Margin	2,85 %	9,18 %	8,17 %	0,72 %
Current Ratio	0,87	1,79	1,66	0,8
Quick Ratio	0,99	2,05	1,9	0,89
Equity Ratio	0,29	0,4	0,27	0,18
Gross Profit Margin	73,23 %	74,82 %	72,31 %	71,17 %