KROSSFJORD MEKANISKE AS

5379 STEINSLAND

Finances

Share Ownership

Return on Equity

22,07 %

Current Ratio

2,42

Debt-to-Equity Ratio

−3,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 472 000	1 943 000	1 782 000	911 000
Net Income	−81 000	19 000	−311 000	−218 000
Total Assets	1 206 000	1 703 000	1 504 000	1 625 000
Total Equity	−367 000	−286 000	−305 000	6 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 472 000	1 943 000	1 782 000	911 000
Expenditure	1 522 000	1 933 000	2 094 000	1 146 000
Operating Profit	−51 000	10 000	−311 000	−236 000
Financial Income	0	0	1 000	1 000
Financial Costs	31 000	2 000	1 000	1 000
Financial Balance	−31 000	−2 000	0	0
Earnings Before Tax	−81 000	9 000	−311 000	−237 000
Tax	0	−10 000	0	−19 000
Net Income	−81 000	19 000	−311 000	−218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	751 000	956 000	1 167 000	1 380 000
Total Current Assets	455 000	747 000	337 000	245 000
Total Assets	1 206 000	1 703 000	1 504 000	1 625 000
Total Retained Equity	−397 000	−316 000	−335 000	−24 000
Total Equity	−367 000	−286 000	−305 000	6 000
Total Long-Term Debt	1 385 000	1 415 000	1 440 000	1 490 000
Total Current Debt	188 000	574 000	369 000	129 000
Total Equity and Debt	1 206 000	1 703 000	1 504 000	1 625 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 472 000	1 943 000	1 782 000	911 000
Other Income	0	0	0	0
Revenue	1 472 000	1 943 000	1 782 000	911 000
Cost of Goods Sold	436 000	359 000	787 000	405 000
Salary Costs	609 000	1 050 000	784 000	472 000
Depreciation	204 000	212 000	213 000	48 000
Impairment	0	0	0	0
Expenditure	1 522 000	1 933 000	2 094 000	1 146 000
Operating Profit	−51 000	10 000	−311 000	−236 000
Financial Income	0	0	1 000	1 000
Financial Costs	31 000	2 000	1 000	1 000
Financial Balance	−31 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	−81 000	19 000	−311 000	−218 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	44 000	46 000	48 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	708 000	910 000	1 119 000	1 380 000
Total Tangible Assets	751 000	956 000	1 167 000	1 380 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	751 000	956 000	1 167 000	1 380 000
Stock	345 000	370 000	75 000	75 000
Total Investments	0	0	0	0
Cash, Bank	34 000	109 000	37 000	74 000
Total Current Assets	455 000	747 000	337 000	245 000
Total Assets	1 206 000	1 703 000	1 504 000	1 625 000
Total Equity	−367 000	−286 000	−305 000	6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 385 000	1 415 000	1 440 000	1 490 000
Creditors	25 000	105 000	69 000	48 000
Unpaid Taxes	82 000	228 000	104 000	52 000
Dividends	0	0	0	0
Other Current Debt	81 000	241 000	195 000	29 000
Total Current Debt	188 000	574 000	369 000	129 000
Total Equity and Debt	1 206 000	1 703 000	1 504 000	1 625 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,07 %	−6,64 %	101,97 %	−3 633,33 %
Debt-to-Equity Ratio	−3,77	−4,95	−4,72	248,33
Operating Profit Margin	−3,46 %	0,51 %	−17,45 %	−25,91 %
Current Ratio	2,42	1,3	0,91	1,9
Quick Ratio	−2,9	3,66	1,15	4,54
Equity Ratio	−0,3	−0,17	−0,2	0
Gross Profit Margin	70,38 %	81,52 %	55,84 %	55,54 %