KREMEN HERKULES AS

3720 SKIEN

Finances

Share Ownership

Return on Equity

36,67 %

Current Ratio

0,9

Debt-to-Equity Ratio

2,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 033 000	10 628 000	9 876 000	12 077 000
Net Income	194 000	109 000	−103 000	282 000
Total Assets	3 265 000	3 830 000	4 318 000	4 364 000
Total Equity	529 000	335 000	225 000	329 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 033 000	10 628 000	9 876 000	12 077 000
Expenditure	10 733 000	10 338 000	9 901 000	11 605 000
Operating Profit	299 000	290 000	−25 000	474 000
Financial Income	7 000	0	1 000	2 000
Financial Costs	65 000	81 000	94 000	114 000
Financial Balance	−58 000	−81 000	−93 000	−112 000
Earnings Before Tax	241 000	209 000	−118 000	362 000
Tax	47 000	100 000	−14 000	80 000
Net Income	194 000	109 000	−103 000	282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 073 000	2 507 000	3 265 000	3 198 000
Total Current Assets	1 193 000	1 322 000	1 053 000	1 167 000
Total Assets	3 265 000	3 830 000	4 318 000	4 364 000
Total Retained Equity	508 000	314 000	205 000	308 000
Total Equity	529 000	335 000	225 000	329 000
Total Long-Term Debt	1 416 000	2 245 000	2 712 000	2 455 000
Total Current Debt	1 320 000	1 250 000	1 380 000	1 581 000
Total Equity and Debt	3 265 000	3 830 000	4 318 000	4 364 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 940 000	10 020 000	9 400 000	12 077 000
Other Income	92 000	608 000	476 000	0
Revenue	11 033 000	10 628 000	9 876 000	12 077 000
Cost of Goods Sold	3 423 000	3 184 000	3 087 000	3 710 000
Salary Costs	4 546 000	4 048 000	3 698 000	4 985 000
Depreciation	435 000	758 000	709 000	630 000
Impairment	0	0	0	0
Expenditure	10 733 000	10 338 000	9 901 000	11 605 000
Operating Profit	299 000	290 000	−25 000	474 000
Financial Income	7 000	0	1 000	2 000
Financial Costs	65 000	81 000	94 000	114 000
Financial Balance	−58 000	−81 000	−93 000	−112 000
Dividends	0	0	0	0
Net Income	194 000	109 000	−103 000	282 000

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	2 073 000	2 507 000	3 265 000	3 198 000
Total Tangible Assets	2 073 000	2 507 000	3 265 000	3 198 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 073 000	2 507 000	3 265 000	3 198 000
Stock	155 000	153 000	141 000	133 000
Total Investments	0	0	0	0
Cash, Bank	812 000	894 000	378 000	762 000
Total Current Assets	1 193 000	1 322 000	1 053 000	1 167 000
Total Assets	3 265 000	3 830 000	4 318 000	4 364 000
Total Equity	529 000	335 000	225 000	329 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 416 000	2 245 000	2 712 000	2 455 000
Creditors	327 000	279 000	527 000	572 000
Unpaid Taxes	564 000	545 000	372 000	513 000
Dividends	0	0	0	0
Other Current Debt	382 000	327 000	478 000	425 000
Total Current Debt	1 320 000	1 250 000	1 380 000	1 581 000
Total Equity and Debt	3 265 000	3 830 000	4 318 000	4 364 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,67 %	32,54 %	−45,78 %	85,71 %
Debt-to-Equity Ratio	2,68	6,7	12,05	7,46
Operating Profit Margin	2,71 %	2,73 %	−0,25 %	3,92 %
Current Ratio	0,9	1,06	0,76	0,74
Quick Ratio	1,02	1,21	0,85	0,81
Equity Ratio	0,16	0,09	0,05	0,08
Gross Profit Margin	68,97 %	70,04 %	68,74 %	69,28 %