KRUDTVERKET AS

2830 RAUFOSS

Finances

Share Ownership

Return on Equity

−8,97 %

Current Ratio

1,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 755 000	2 686 000	2 228 000	2 500 000
Net Income	−47 000	204 000	178 000	165 000
Total Assets	1 072 000	1 048 000	950 000	1 119 000
Total Equity	524 000	571 000	367 000	290 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 755 000	2 686 000	2 228 000	2 500 000
Expenditure	2 815 000	2 422 000	1 996 000	2 287 000
Operating Profit	−59 000	264 000	231 000	214 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	1 000	3 000	3 000	1 000
Financial Balance	0	−2 000	−2 000	0
Earnings Before Tax	−59 000	261 000	230 000	213 000
Tax	−12 000	58 000	52 000	49 000
Net Income	−47 000	204 000	178 000	165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	0	0	0
Total Current Assets	1 060 000	1 048 000	950 000	1 119 000
Total Assets	1 072 000	1 048 000	950 000	1 119 000
Total Retained Equity	499 000	547 000	343 000	265 000
Total Equity	524 000	571 000	367 000	290 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	548 000	477 000	583 000	830 000
Total Equity and Debt	1 072 000	1 048 000	950 000	1 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 755 000	2 686 000	2 228 000	2 495 000
Other Income	0	0	0	6 000
Revenue	2 755 000	2 686 000	2 228 000	2 500 000
Cost of Goods Sold	44 000	27 000	52 000	44 000
Salary Costs	2 212 000	1 869 000	1 638 000	1 862 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 815 000	2 422 000	1 996 000	2 287 000
Operating Profit	−59 000	264 000	231 000	214 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	1 000	3 000	3 000	1 000
Financial Balance	0	−2 000	−2 000	0
Dividends	0	0	0	0
Net Income	−47 000	204 000	178 000	165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	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	0	0	0	0
Total Fixed Assets	12 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	385 000	530 000	393 000	789 000
Total Current Assets	1 060 000	1 048 000	950 000	1 119 000
Total Assets	1 072 000	1 048 000	950 000	1 119 000
Total Equity	524 000	571 000	367 000	290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	25 000	27 000	47 000	274 000
Unpaid Taxes	295 000	179 000	302 000	334 000
Dividends	0	0	0	0
Other Current Debt	228 000	213 000	182 000	173 000
Total Current Debt	548 000	477 000	583 000	830 000
Total Equity and Debt	1 072 000	1 048 000	950 000	1 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,97 %	35,73 %	48,5 %	56,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,14 %	9,83 %	10,37 %	8,56 %
Current Ratio	1,93	2,2	1,63	1,35
Quick Ratio	1,93	2,2	1,63	1,35
Equity Ratio	0,49	0,54	0,39	0,26
Gross Profit Margin	98,4 %	98,99 %	97,67 %	98,24 %