KREATIVITETEN AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

194,44 %

Current Ratio

3,05

Debt-to-Equity Ratio

−36,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 106 000	2 421 000	2 302 000	899 000
Net Income	−70 000	17 000	101 000	−32 000
Total Assets	1 831 000	889 000	836 000	574 000
Total Equity	−36 000	180 000	163 000	62 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 106 000	2 421 000	2 302 000	899 000
Expenditure	4 095 000	2 360 000	2 153 000	918 000
Operating Profit	11 000	60 000	149 000	−19 000
Financial Income	1 000	0	1 000	0
Financial Costs	82 000	37 000	31 000	13 000
Financial Balance	−81 000	−37 000	−30 000	−13 000
Earnings Before Tax	−70 000	23 000	119 000	−32 000
Tax	0	6 000	18 000	0
Net Income	−70 000	17 000	101 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 000	84 000	86 000	88 000
Total Current Assets	1 680 000	804 000	751 000	486 000
Total Assets	1 831 000	889 000	836 000	574 000
Total Retained Equity	−330 000	85 000	68 000	−32 000
Total Equity	−36 000	180 000	163 000	62 000
Total Long-Term Debt	1 318 000	441 000	426 000	392 000
Total Current Debt	550 000	267 000	248 000	120 000
Total Equity and Debt	1 831 000	889 000	836 000	574 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 090 000	2 421 000	2 302 000	899 000
Other Income	16 000	0	0	0
Revenue	4 106 000	2 421 000	2 302 000	899 000
Cost of Goods Sold	2 255 000	1 392 000	1 235 000	446 000
Salary Costs	1 056 000	534 000	527 000	257 000
Depreciation	34 000	25 000	24 000	12 000
Impairment	0	0	0	0
Expenditure	4 095 000	2 360 000	2 153 000	918 000
Operating Profit	11 000	60 000	149 000	−19 000
Financial Income	1 000	0	1 000	0
Financial Costs	82 000	37 000	31 000	13 000
Financial Balance	−81 000	−37 000	−30 000	−13 000
Dividends	0	0	0	0
Net Income	−70 000	17 000	101 000	−32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	12 000	21 000	29 000	38 000
Total Intangible Assets	12 000	21 000	29 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	139 000	64 000	57 000	51 000
Total Tangible Assets	139 000	64 000	57 000	51 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	151 000	84 000	86 000	88 000
Stock	1 432 000	683 000	556 000	394 000
Total Investments	0	0	0	0
Cash, Bank	156 000	95 000	152 000	76 000
Total Current Assets	1 680 000	804 000	751 000	486 000
Total Assets	1 831 000	889 000	836 000	574 000
Total Equity	−36 000	180 000	163 000	62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 318 000	441 000	426 000	392 000
Creditors	211 000	56 000	51 000	27 000
Unpaid Taxes	164 000	100 000	80 000	63 000
Dividends	0	0	0	0
Other Current Debt	175 000	105 000	100 000	30 000
Total Current Debt	550 000	267 000	248 000	120 000
Total Equity and Debt	1 831 000	889 000	836 000	574 000

Financial indicators	2022	2021	2020	2019
Return on Equity	194,44 %	9,44 %	61,96 %	−51,61 %
Debt-to-Equity Ratio	−36,61	2,45	2,61	6,32
Operating Profit Margin	0,27 %	2,48 %	6,47 %	−2,11 %
Current Ratio	3,05	3,01	3,03	4,05
Quick Ratio	−1,9	−1,93	−2,44	−1,77
Equity Ratio	−0,02	0,2	0,19	0,11
Gross Profit Margin	45,08 %	42,5 %	46,35 %	50,39 %