CREADENT AS

0671 OSLO

Finances

Share Ownership

Return on Equity

−7,1 %

Current Ratio

1,91

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 873 000	4 553 000	2 542 000	1 111 000
Net Income	−67 000	296 000	260 000	425 000
Total Assets	1 530 000	1 563 000	834 000	858 000
Total Equity	944 000	1 011 000	715 000	455 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 873 000	4 553 000	2 542 000	1 111 000
Expenditure	4 931 000	4 162 000	2 217 000	565 000
Operating Profit	−58 000	392 000	325 000	546 000
Financial Income	1 000	13 000	36 000	1 000
Financial Costs	36 000	19 000	27 000	2 000
Financial Balance	−35 000	−6 000	9 000	−1 000
Earnings Before Tax	−94 000	386 000	335 000	545 000
Tax	−26 000	90 000	75 000	120 000
Net Income	−67 000	296 000	260 000	425 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	843 000	644 000	364 000	195 000
Total Current Assets	688 000	919 000	470 000	663 000
Total Assets	1 530 000	1 563 000	834 000	858 000
Total Retained Equity	914 000	981 000	685 000	425 000
Total Equity	944 000	1 011 000	715 000	455 000
Total Long-Term Debt	226 000	0	0	6 000
Total Current Debt	361 000	552 000	120 000	398 000
Total Equity and Debt	1 530 000	1 563 000	834 000	858 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 873 000	4 553 000	2 542 000	1 111 000
Other Income	0	0	0	0
Revenue	4 873 000	4 553 000	2 542 000	1 111 000
Cost of Goods Sold	2 189 000	1 660 000	1 241 000	280 000
Salary Costs	1 288 000	1 371 000	178 000	0
Depreciation	128 000	104 000	87 000	40 000
Impairment	0	0	0	0
Expenditure	4 931 000	4 162 000	2 217 000	565 000
Operating Profit	−58 000	392 000	325 000	546 000
Financial Income	1 000	13 000	36 000	1 000
Financial Costs	36 000	19 000	27 000	2 000
Financial Balance	−35 000	−6 000	9 000	−1 000
Dividends	0	0	0	0
Net Income	−67 000	296 000	260 000	425 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	403 000	303 000	297 000	195 000
Total Tangible Assets	403 000	303 000	297 000	195 000
Total Fiancial Fixed Assets	0	342 000	68 000	0
Total Fixed Assets	843 000	644 000	364 000	195 000
Stock	507 000	698 000	166 000	0
Total Investments	0	0	0	0
Cash, Bank	101 000	220 000	305 000	524 000
Total Current Assets	688 000	919 000	470 000	663 000
Total Assets	1 530 000	1 563 000	834 000	858 000
Total Equity	944 000	1 011 000	715 000	455 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	226 000	0	0	6 000
Creditors	0	223 000	83 000	60 000
Unpaid Taxes	90 000	97 000	18 000	0
Dividends	0	0	0	0
Other Current Debt	0	143 000	−62 000	223 000
Total Current Debt	361 000	552 000	120 000	398 000
Total Equity and Debt	1 530 000	1 563 000	834 000	858 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,1 %	29,28 %	36,36 %	93,41 %
Debt-to-Equity Ratio	0,24	0	0	0,01
Operating Profit Margin	−1,19 %	8,61 %	12,79 %	49,14 %
Current Ratio	1,91	1,66	3,92	1,67
Quick Ratio	−4,71	−6,29	−10,22	1,67
Equity Ratio	0,62	0,65	0,86	0,53
Gross Profit Margin	55,08 %	63,54 %	51,18 %	74,8 %