CREDO AS

1368 STABEKK

Finances

Return on Equity

1,71 %

Current Ratio

2,21

Debt-to-Equity Ratio

1,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 932 000	1 865 000	1 943 000	1 831 000
Net Income	249 000	1 019 000	604 000	1 543 000
Total Assets	43 088 000	44 741 000	54 769 000	55 040 000
Total Equity	14 559 000	14 720 000	14 528 000	23 925 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 932 000	1 865 000	1 943 000	1 831 000
Expenditure	1 245 000	998 000	1 080 000	1 029 000
Operating Profit	686 000	867 000	863 000	802 000
Financial Income	373 000	688 000	547 000	1 664 000
Financial Costs	826 000	581 000	712 000	871 000
Financial Balance	−453 000	107 000	−165 000	793 000
Earnings Before Tax	234 000	973 000	698 000	1 594 000
Tax	−15 000	−46 000	94 000	52 000
Net Income	249 000	1 019 000	604 000	1 543 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 338 000	43 551 000	54 143 000	52 649 000
Total Current Assets	1 750 000	1 190 000	626 000	2 391 000
Total Assets	43 088 000	44 741 000	54 769 000	55 040 000
Total Retained Equity	31 000	192 000	0	2 964 000
Total Equity	14 559 000	14 720 000	14 528 000	23 925 000
Total Long-Term Debt	27 737 000	28 808 000	29 877 000	30 709 000
Total Current Debt	792 000	1 214 000	10 364 000	406 000
Total Equity and Debt	43 088 000	44 741 000	54 769 000	55 040 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 932 000	1 865 000	1 943 000	1 831 000
Revenue	1 932 000	1 865 000	1 943 000	1 831 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	725 000	725 000	725 000	725 000
Impairment	0	0	0	0
Expenditure	1 245 000	998 000	1 080 000	1 029 000
Operating Profit	686 000	867 000	863 000	802 000
Financial Income	373 000	688 000	547 000	1 664 000
Financial Costs	826 000	581 000	712 000	871 000
Financial Balance	−453 000	107 000	−165 000	793 000
Dividends	0	0	10 000 000	0
Net Income	249 000	1 019 000	604 000	1 543 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	39 351 000	40 077 000	40 802 000	41 528 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	39 351 000	40 077 000	40 802 000	41 528 000
Total Fiancial Fixed Assets	1 987 000	3 475 000	13 340 000	11 121 000
Total Fixed Assets	41 338 000	43 551 000	54 143 000	52 649 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	774 000	457 000	626 000	2 391 000
Total Current Assets	1 750 000	1 190 000	626 000	2 391 000
Total Assets	43 088 000	44 741 000	54 769 000	55 040 000
Total Equity	14 559 000	14 720 000	14 528 000	23 925 000
Short-Term Group Debt	525 000	1 061 000	0	0
Total Long-Term Debt	27 737 000	28 808 000	29 877 000	30 709 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	10 000 000	0
Other Current Debt	267 000	153 000	143 000	230 000
Total Current Debt	792 000	1 214 000	10 364 000	406 000
Total Equity and Debt	43 088 000	44 741 000	54 769 000	55 040 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,71 %	6,92 %	4,16 %	6,45 %
Debt-to-Equity Ratio	1,91	1,96	2,06	1,28
Operating Profit Margin	35,51 %	46,49 %	44,42 %	43,8 %
Current Ratio	2,21	0,98	0,06	5,89
Quick Ratio	2,21	0,98	0,06	5,89
Equity Ratio	0,34	0,33	0,27	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %