CREDO I AS

0161 OSLO

Finances

Return on Equity

0,32 %

Current Ratio

9,15

Debt-to-Equity Ratio

52,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 805 000	245 331 000	0	0
Net Income	8 000	23 287 000	−179 000	−60 000
Total Assets	132 792 000	131 412 000	212 236 000	229 475 000
Total Equity	2 486 000	2 478 000	1 941 000	2 120 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 805 000	245 331 000	0	0
Expenditure	1 715 000	2 055 000	2 509 000	2 760 000
Operating Profit	89 000	243 276 000	−2 509 000	−2 760 000
Financial Income	1 124 000	8 930 000	2 260 000	609 000
Financial Costs	1 205 000	228 852 000	−69 000	−2 091 000
Financial Balance	−81 000	−219 922 000	2 329 000	2 700 000
Earnings Before Tax	8 000	23 353 000	−179 000	−60 000
Tax	0	66 000	0	0
Net Income	8 000	23 287 000	−179 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	127 704 000	122 542 000	207 471 000	220 863 000
Total Current Assets	5 088 000	8 870 000	4 765 000	8 612 000
Total Assets	132 792 000	131 412 000	212 236 000	229 475 000
Total Retained Equity	82 000	73 000	−463 000	−284 000
Total Equity	2 486 000	2 478 000	1 941 000	2 120 000
Total Long-Term Debt	129 750 000	128 581 000	209 454 000	224 791 000
Total Current Debt	556 000	354 000	841 000	2 563 000
Total Equity and Debt	132 792 000	131 412 000	212 236 000	229 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 805 000	245 331 000	0	0
Other Income	0	0	0	0
Revenue	1 805 000	245 331 000	0	0
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	1 715 000	2 055 000	2 509 000	2 760 000
Operating Profit	89 000	243 276 000	−2 509 000	−2 760 000
Financial Income	1 124 000	8 930 000	2 260 000	609 000
Financial Costs	1 205 000	228 852 000	−69 000	−2 091 000
Financial Balance	−81 000	−219 922 000	2 329 000	2 700 000
Dividends	0	22 750 000	0	0
Net Income	8 000	23 287 000	−179 000	−60 000

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	127 704 000	122 542 000	207 471 000	220 863 000
Total Fixed Assets	127 704 000	122 542 000	207 471 000	220 863 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 013 000	7 795 000	3 689 000	7 888 000
Total Current Assets	5 088 000	8 870 000	4 765 000	8 612 000
Total Assets	132 792 000	131 412 000	212 236 000	229 475 000
Total Equity	2 486 000	2 478 000	1 941 000	2 120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	129 750 000	128 581 000	209 454 000	224 791 000
Creditors	481 000	25 000	4 000	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	22 750 000	0	0
Other Current Debt	75 000	263 000	837 000	2 552 000
Total Current Debt	556 000	354 000	841 000	2 563 000
Total Equity and Debt	132 792 000	131 412 000	212 236 000	229 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,32 %	939,75 %	−9,22 %	−2,83 %
Debt-to-Equity Ratio	52,19	51,89	107,91	106,03
Operating Profit Margin	4,93 %	99,16 %	-	-
Current Ratio	9,15	25,06	5,67	3,36
Quick Ratio	9,15	25,06	5,67	3,36
Equity Ratio	0,02	0,02	0,01	0,01
Gross Profit Margin	100 %	100 %	-	-