CRYOVAC AS

3370 VIKERSUND

Finances

Share Ownership

Return on Equity

55,05 %

Current Ratio

1,03

Debt-to-Equity Ratio

−1,01

Key figures (NOK)	2022	2021	2020
Revenue	0	0	750 000
Net Income	−398 000	−412 000	−544 000
Total Assets	192 000	291 000	121 000
Total Equity	−723 000	−625 000	−514 000

Income (NOK)	2022	2021	2020
Revenue	0	0	750 000
Expenditure	342 000	367 000	1 278 000
Operating Profit	−342 000	−367 000	−528 000
Financial Income	1 000	1 000	0
Financial Costs	58 000	45 000	16 000
Financial Balance	−57 000	−44 000	−16 000
Earnings Before Tax	−398 000	−412 000	−544 000
Tax	0	0	0
Net Income	−398 000	−412 000	−544 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	192 000	291 000	121 000
Total Assets	192 000	291 000	121 000
Total Retained Equity	−1 353 000	−955 000	−544 000
Total Equity	−723 000	−625 000	−514 000
Total Long-Term Debt	730 000	220 000	220 000
Total Current Debt	186 000	696 000	415 000
Total Equity and Debt	192 000	291 000	121 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	750 000
Revenue	0	0	750 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	342 000	367 000	1 278 000
Operating Profit	−342 000	−367 000	−528 000
Financial Income	1 000	1 000	0
Financial Costs	58 000	45 000	16 000
Financial Balance	−57 000	−44 000	−16 000
Dividends	0	0	0
Net Income	−398 000	−412 000	−544 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	163 000	266 000	75 000
Total Current Assets	192 000	291 000	121 000
Total Assets	192 000	291 000	121 000
Total Equity	−723 000	−625 000	−514 000
Short-Term Group Debt	0	510 000	230 000
Total Long-Term Debt	730 000	220 000	220 000
Creditors	69 000	109 000	171 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	116 000	77 000	14 000
Total Current Debt	186 000	696 000	415 000
Total Equity and Debt	192 000	291 000	121 000

Financial indicators	2022	2021	2020
Return on Equity	55,05 %	65,92 %	105,84 %
Debt-to-Equity Ratio	−1,01	−0,35	−0,43
Operating Profit Margin	-	-	−70,4 %
Current Ratio	1,03	0,42	0,29
Quick Ratio	1,03	0,42	0,29
Equity Ratio	−3,77	−2,15	−4,25
Gross Profit Margin	-	-	100 %