KRONSTEIN ELEMENT AS

8402 SORTLAND

Finances

Share Ownership

Return on Equity

−20,63 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−13 000	−21 000	−4 000
Total Assets	113 000	110 000	105 000
Total Equity	63 000	76 000	97 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	15 000	27 000	6 000
Operating Profit	−15 000	−27 000	−6 000
Financial Income	0	0	0
Financial Costs	1 000	0	1 000
Financial Balance	−1 000	0	−1 000
Earnings Before Tax	−16 000	−27 000	−7 000
Tax	−4 000	−6 000	−3 000
Net Income	−13 000	−21 000	−4 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	46 000	42 000	36 000
Total Current Assets	67 000	67 000	69 000
Total Assets	113 000	110 000	105 000
Total Retained Equity	−37 000	−24 000	−3 000
Total Equity	63 000	76 000	97 000
Total Long-Term Debt	0	0	0
Total Current Debt	50 000	34 000	9 000
Total Equity and Debt	113 000	110 000	105 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	15 000	27 000	6 000
Operating Profit	−15 000	−27 000	−6 000
Financial Income	0	0	0
Financial Costs	1 000	0	1 000
Financial Balance	−1 000	0	−1 000
Dividends	0	0	0
Net Income	−13 000	−21 000	−4 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	12 000	9 000	3 000
Real Eastate	0	0	0
Machinery and Plant Facilities	34 000	34 000	34 000
Fixtures	0	0	0
Total Tangible Assets	34 000	34 000	34 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	46 000	42 000	36 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	67 000	67 000	69 000
Total Assets	113 000	110 000	105 000
Total Equity	63 000	76 000	97 000
Short-Term Group Debt	45 000	34 000	5 000
Total Long-Term Debt	0	0	0
Creditors	5 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	4 000
Total Current Debt	50 000	34 000	9 000
Total Equity and Debt	113 000	110 000	105 000

Financial indicators	2022	2021	2020
Return on Equity	−20,63 %	−27,63 %	−4,12 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	-	-	-
Current Ratio	1,34	1,97	7,67
Quick Ratio	1,34	1,97	7,67
Equity Ratio	0,56	0,69	0,92
Gross Profit Margin	-	-	-