CREATIVE NORWAY AS

4870 FEVIK

Finances

Share Ownership

Return on Equity

−1,29 %

Current Ratio

0,04

Debt-to-Equity Ratio

−0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 000	62 000	26 000	32 000
Net Income	3 000	−50 000	−22 000	−5 000
Total Assets	5 000	3 000	17 000	3 000
Total Equity	−232 000	−235 000	−185 000	−163 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 000	62 000	26 000	32 000
Expenditure	35 000	104 000	47 000	36 000
Operating Profit	5 000	−43 000	−21 000	−4 000
Financial Income	1 000	0	0	1 000
Financial Costs	2 000	7 000	0	1 000
Financial Balance	−1 000	−7 000	0	0
Earnings Before Tax	4 000	−50 000	−22 000	−5 000
Tax	1 000	0	0	0
Net Income	3 000	−50 000	−22 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	5 000	3 000	17 000	3 000
Total Assets	5 000	3 000	17 000	3 000
Total Retained Equity	−262 000	−265 000	−215 000	−193 000
Total Equity	−232 000	−235 000	−185 000	−163 000
Total Long-Term Debt	120 000	55 000	21 000	0
Total Current Debt	116 000	183 000	181 000	166 000
Total Equity and Debt	5 000	3 000	17 000	3 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 000	36 000	26 000	0
Other Income	0	26 000	0	32 000
Revenue	40 000	62 000	26 000	32 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	35 000	104 000	47 000	36 000
Operating Profit	5 000	−43 000	−21 000	−4 000
Financial Income	1 000	0	0	1 000
Financial Costs	2 000	7 000	0	1 000
Financial Balance	−1 000	−7 000	0	0
Dividends	0	0	0	0
Net Income	3 000	−50 000	−22 000	−5 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	3 000	1 000	3 000
Total Current Assets	5 000	3 000	17 000	3 000
Total Assets	5 000	3 000	17 000	3 000
Total Equity	−232 000	−235 000	−185 000	−163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	120 000	55 000	21 000	0
Creditors	0	1 000	27 000	30 000
Unpaid Taxes	0	−14 000	−4 000	−8 000
Dividends	0	0	0	0
Other Current Debt	115 000	122 000	146 000	143 000
Total Current Debt	116 000	183 000	181 000	166 000
Total Equity and Debt	5 000	3 000	17 000	3 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,29 %	21,28 %	11,89 %	3,07 %
Debt-to-Equity Ratio	−0,52	−0,23	−0,11	−0
Operating Profit Margin	12,5 %	−69,35 %	−80,77 %	−12,5 %
Current Ratio	0,04	0,02	0,09	0,02
Quick Ratio	0,04	0,02	0,09	0,02
Equity Ratio	−46,4	−78,33	−10,88	−54,33
Gross Profit Margin	100 %	100 %	100 %	100 %