KRONSTEIN ENTREPRENØR AS

8402 SORTLAND

Finances

Return on Equity

−10,03 %

Current Ratio

0,3

Debt-to-Equity Ratio

2,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 176 000	14 308 000	13 923 000	13 298 000
Net Income	−1 407 000	−486 000	−626 000	−224 000
Total Assets	56 206 000	56 096 000	56 727 000	53 675 000
Total Equity	14 025 000	15 432 000	15 918 000	16 544 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 176 000	14 308 000	13 923 000	13 298 000
Expenditure	17 120 000	14 877 000	12 490 000	13 577 000
Operating Profit	−1 944 000	−568 000	−796 000	−279 000
Financial Income	324 000	0	0	1 000
Financial Costs	273 000	55 000	7 000	0
Financial Balance	51 000	−55 000	−7 000	1 000
Earnings Before Tax	−1 893 000	−623 000	−803 000	−279 000
Tax	−486 000	−137 000	−177 000	−54 000
Net Income	−1 407 000	−486 000	−626 000	−224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 299 000	52 927 000	52 923 000	49 513 000
Total Current Assets	2 907 000	3 169 000	3 804 000	4 161 000
Total Assets	56 206 000	56 096 000	56 727 000	53 675 000
Total Retained Equity	−975 000	0	0	268 000
Total Equity	14 025 000	15 432 000	15 918 000	16 544 000
Total Long-Term Debt	32 622 000	32 622 000	32 622 000	32 622 000
Total Current Debt	9 559 000	8 042 000	8 187 000	4 508 000
Total Equity and Debt	56 206 000	56 096 000	56 727 000	53 675 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 176 000	14 308 000	13 923 000	13 298 000
Other Income	0	0	0	0
Revenue	15 176 000	14 308 000	13 923 000	13 298 000
Cost of Goods Sold	0	0	35 000	0
Salary Costs	2 828 000	3 779 000	3 924 000	3 431 000
Depreciation	114 000	133 000	134 000	133 000
Impairment	0	0	0	0
Expenditure	17 120 000	14 877 000	12 490 000	13 577 000
Operating Profit	−1 944 000	−568 000	−796 000	−279 000
Financial Income	324 000	0	0	1 000
Financial Costs	273 000	55 000	7 000	0
Financial Balance	51 000	−55 000	−7 000	1 000
Dividends	0	0	0	0
Net Income	−1 407 000	−486 000	−626 000	−224 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	852 000	366 000	229 000	53 000
Real Eastate	3 367 000	3 367 000	3 367 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	339 000	452 000	585 000	719 000
Total Tangible Assets	3 705 000	3 819 000	3 952 000	719 000
Total Fiancial Fixed Assets	48 742 000	48 742 000	48 742 000	48 742 000
Total Fixed Assets	53 299 000	52 927 000	52 923 000	49 513 000
Stock	0	0	0	2 229 000
Total Investments	0	0	0	0
Cash, Bank	0	272 000	236 000	1 733 000
Total Current Assets	2 907 000	3 169 000	3 804 000	4 161 000
Total Assets	56 206 000	56 096 000	56 727 000	53 675 000
Total Equity	14 025 000	15 432 000	15 918 000	16 544 000
Short-Term Group Debt	8 545 000	7 038 000	7 516 000	3 477 000
Total Long-Term Debt	32 622 000	32 622 000	32 622 000	32 622 000
Creditors	184 000	57 000	24 000	99 000
Unpaid Taxes	14 000	470 000	278 000	314 000
Dividends	0	0	0	0
Other Current Debt	816 000	477 000	369 000	619 000
Total Current Debt	9 559 000	8 042 000	8 187 000	4 508 000
Total Equity and Debt	56 206 000	56 096 000	56 727 000	53 675 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,03 %	−3,15 %	−3,93 %	−1,35 %
Debt-to-Equity Ratio	2,33	2,11	2,05	1,97
Operating Profit Margin	−12,81 %	−3,97 %	−5,72 %	−2,1 %
Current Ratio	0,3	0,39	0,46	0,92
Quick Ratio	0,3	0,39	0,46	1,83
Equity Ratio	0,25	0,28	0,28	0,31
Gross Profit Margin	100 %	100 %	99,75 %	100 %