CRONUS TECHNOLOGY AS

0581 OSLO

Finances

Share Ownership

Return on Equity

−54,63 %

Current Ratio

5,81

Debt-to-Equity Ratio

4,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	2 023 000	6 378 000
Net Income	−283 000	−878 000	245 000	2 646 000
Total Assets	3 645 000	3 808 000	4 641 000	6 694 000
Total Equity	518 000	801 000	1 680 000	1 435 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	2 023 000	6 378 000
Expenditure	176 000	753 000	1 270 000	3 235 000
Operating Profit	−176 000	−753 000	753 000	3 144 000
Financial Income	18 000	0	3 000	2 000
Financial Costs	125 000	125 000	311 000	0
Financial Balance	−107 000	−125 000	−308 000	2 000
Earnings Before Tax	−283 000	−878 000	445 000	3 146 000
Tax	0	0	200 000	500 000
Net Income	−283 000	−878 000	245 000	2 646 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	9 000	22 000
Total Current Assets	3 645 000	3 808 000	4 632 000	6 672 000
Total Assets	3 645 000	3 808 000	4 641 000	6 694 000
Total Retained Equity	−1 517 000	−1 234 000	−355 000	−600 000
Total Equity	518 000	801 000	1 680 000	1 435 000
Total Long-Term Debt	2 500 000	2 500 000	2 500 000	2 500 000
Total Current Debt	627 000	506 000	461 000	2 759 000
Total Equity and Debt	3 645 000	3 808 000	4 641 000	6 694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 000 000	6 378 000
Other Income	0	0	23 000	0
Revenue	0	0	2 023 000	6 378 000
Cost of Goods Sold	0	0	17 000	321 000
Salary Costs	0	315 000	653 000	1 556 000
Depreciation	0	9 000	13 000	42 000
Impairment	0	0	0	0
Expenditure	176 000	753 000	1 270 000	3 235 000
Operating Profit	−176 000	−753 000	753 000	3 144 000
Financial Income	18 000	0	3 000	2 000
Financial Costs	125 000	125 000	311 000	0
Financial Balance	−107 000	−125 000	−308 000	2 000
Dividends	0	0	0	0
Net Income	−283 000	−878 000	245 000	2 646 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	9 000	22 000
Total Tangible Assets	0	0	9 000	22 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	9 000	22 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 642 000	3 791 000	4 333 000	4 098 000
Total Current Assets	3 645 000	3 808 000	4 632 000	6 672 000
Total Assets	3 645 000	3 808 000	4 641 000	6 694 000
Total Equity	518 000	801 000	1 680 000	1 435 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 500 000	2 500 000	2 500 000	2 500 000
Creditors	66 000	70 000	11 000	104 000
Unpaid Taxes	0	0	52 000	223 000
Dividends	0	0	0	0
Other Current Debt	561 000	436 000	398 000	2 432 000
Total Current Debt	627 000	506 000	461 000	2 759 000
Total Equity and Debt	3 645 000	3 808 000	4 641 000	6 694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−54,63 %	−109,61 %	14,58 %	184,39 %
Debt-to-Equity Ratio	4,83	3,12	1,49	1,74
Operating Profit Margin	-	-	37,22 %	49,29 %
Current Ratio	5,81	7,53	10,05	2,42
Quick Ratio	5,81	7,53	10,05	2,42
Equity Ratio	0,14	0,21	0,36	0,21
Gross Profit Margin	-	-	99,16 %	94,97 %