KREATIV UTVIKLING AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

−1,78 %

Current Ratio

21,75

Debt-to-Equity Ratio

2,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	35 047 000	22 000
Net Income	−98 000	−36 000	2 786 000	−18 000
Total Assets	21 049 000	20 225 000	6 770 000	24 590 000
Total Equity	5 493 000	5 591 000	5 627 000	2 841 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	35 047 000	22 000
Expenditure	124 000	45 000	31 223 000	42 000
Operating Profit	−124 000	−45 000	3 824 000	−20 000
Financial Income	0	0	1 000	0
Financial Costs	0	1 000	250 000	2 000
Financial Balance	0	−1 000	−249 000	−2 000
Earnings Before Tax	−124 000	−46 000	3 576 000	−23 000
Tax	−26 000	−10 000	790 000	−4 000
Net Income	−98 000	−36 000	2 786 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	10 000	0	104 000
Total Current Assets	21 013 000	20 216 000	6 770 000	24 485 000
Total Assets	21 049 000	20 225 000	6 770 000	24 590 000
Total Retained Equity	5 471 000	5 568 000	5 604 000	2 818 000
Total Equity	5 493 000	5 591 000	5 627 000	2 841 000
Total Long-Term Debt	14 590 000	14 590 000	310 000	1 005 000
Total Current Debt	966 000	44 000	834 000	20 744 000
Total Equity and Debt	21 049 000	20 225 000	6 770 000	24 590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	35 047 000	0
Other Income	0	0	0	22 000
Revenue	0	0	35 047 000	22 000
Cost of Goods Sold	0	0	31 016 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	124 000	45 000	31 223 000	42 000
Operating Profit	−124 000	−45 000	3 824 000	−20 000
Financial Income	0	0	1 000	0
Financial Costs	0	1 000	250 000	2 000
Financial Balance	0	−1 000	−249 000	−2 000
Dividends	0	0	0	0
Net Income	−98 000	−36 000	2 786 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	10 000	0	4 000
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	100 000
Total Fixed Assets	36 000	10 000	0	104 000
Stock	20 519 000	18 759 000	0	24 454 000
Total Investments	0	0	0	0
Cash, Bank	484 000	1 455 000	6 691 000	29 000
Total Current Assets	21 013 000	20 216 000	6 770 000	24 485 000
Total Assets	21 049 000	20 225 000	6 770 000	24 590 000
Total Equity	5 493 000	5 591 000	5 627 000	2 841 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 590 000	14 590 000	310 000	1 005 000
Creditors	928 000	21 000	48 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	38 000	23 000	0	0
Total Current Debt	966 000	44 000	834 000	20 744 000
Total Equity and Debt	21 049 000	20 225 000	6 770 000	24 590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,78 %	−0,64 %	49,51 %	−0,63 %
Debt-to-Equity Ratio	2,66	2,61	0,06	0,35
Operating Profit Margin	-	-	10,91 %	−90,91 %
Current Ratio	21,75	459,45	8,12	1,18
Quick Ratio	−1,07	−1,08	8,12	−6,6
Equity Ratio	0,26	0,28	0,83	0,12
Gross Profit Margin	-	-	11,5 %	100 %