KRONBORG TECHNOLOGIES AS

3188 HORTEN

Finances

Share Ownership

Return on Equity

−9,58 %

Current Ratio

0,75

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 438 000	548 000	158 000	387 000
Net Income	−461 000	490 000	32 000	77 000
Total Assets	9 287 000	9 764 000	8 319 000	6 709 000
Total Equity	4 813 000	5 275 000	5 334 000	2 702 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 438 000	548 000	158 000	387 000
Expenditure	2 017 000	471 000	124 000	310 000
Operating Profit	−579 000	77 000	33 000	77 000
Financial Income	0	0	0	0
Financial Costs	12 000	3 000	2 000	0
Financial Balance	−12 000	−3 000	−2 000	0
Earnings Before Tax	−591 000	74 000	32 000	77 000
Tax	−130 000	−416 000	0	0
Net Income	−461 000	490 000	32 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 826 000	9 321 000	6 846 000	6 609 000
Total Current Assets	462 000	444 000	1 473 000	99 000
Total Assets	9 287 000	9 764 000	8 319 000	6 709 000
Total Retained Equity	−461 000	0	−2 246 000	−2 278 000
Total Equity	4 813 000	5 275 000	5 334 000	2 702 000
Total Long-Term Debt	3 858 000	3 350 000	2 593 000	3 555 000
Total Current Debt	616 000	1 139 000	392 000	451 000
Total Equity and Debt	9 287 000	9 764 000	8 319 000	6 709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 438 000	548 000	137 000	387 000
Other Income	0	0	21 000	0
Revenue	1 438 000	548 000	158 000	387 000
Cost of Goods Sold	228 000	121 000	21 000	0
Salary Costs	1 259 000	149 000	5 000	104 000
Depreciation	25 000	8 000	56 000	59 000
Impairment	0	0	0	0
Expenditure	2 017 000	471 000	124 000	310 000
Operating Profit	−579 000	77 000	33 000	77 000
Financial Income	0	0	0	0
Financial Costs	12 000	3 000	2 000	0
Financial Balance	−12 000	−3 000	−2 000	0
Dividends	0	0	0	0
Net Income	−461 000	490 000	32 000	77 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 553 000	8 423 000	6 844 000	6 538 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	94 000	120 000	1 000	71 000
Total Tangible Assets	94 000	120 000	1 000	71 000
Total Fiancial Fixed Assets	178 000	778 000	0	0
Total Fixed Assets	8 826 000	9 321 000	6 846 000	6 609 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	100 000	316 000	248 000	2 000
Total Current Assets	462 000	444 000	1 473 000	99 000
Total Assets	9 287 000	9 764 000	8 319 000	6 709 000
Total Equity	4 813 000	5 275 000	5 334 000	2 702 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 858 000	3 350 000	2 593 000	3 555 000
Creditors	93 000	27 000	28 000	105 000
Unpaid Taxes	196 000	174 000	147 000	15 000
Dividends	0	0	0	0
Other Current Debt	327 000	390 000	217 000	332 000
Total Current Debt	616 000	1 139 000	392 000	451 000
Total Equity and Debt	9 287 000	9 764 000	8 319 000	6 709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,58 %	9,29 %	0,6 %	2,85 %
Debt-to-Equity Ratio	0,8	0,64	0,49	1,32
Operating Profit Margin	−40,26 %	14,05 %	20,89 %	19,9 %
Current Ratio	0,75	0,39	3,76	0,22
Quick Ratio	0,75	0,39	3,76	0,22
Equity Ratio	0,52	0,54	0,64	0,4
Gross Profit Margin	84,14 %	77,92 %	86,71 %	100 %