KRONVIKEN AS

5637 ØLVE

Finances

Share Ownership

Return on Equity

8,68 %

Current Ratio

2,76

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 478 000	2 107 000	2 124 000	2 104 000
Net Income	907 000	640 000	881 000	944 000
Total Assets	13 713 000	12 385 000	12 515 000	12 472 000
Total Equity	10 452 000	9 545 000	9 205 000	8 625 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 478 000	2 107 000	2 124 000	2 104 000
Expenditure	1 248 000	1 218 000	988 000	839 000
Operating Profit	1 229 000	888 000	1 136 000	1 265 000
Financial Income	32 000	20 000	30 000	46 000
Financial Costs	68 000	58 000	85 000	118 000
Financial Balance	−36 000	−38 000	−55 000	−72 000
Earnings Before Tax	1 193 000	850 000	1 081 000	1 194 000
Tax	286 000	211 000	201 000	250 000
Net Income	907 000	640 000	881 000	944 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 320 000	8 185 000	8 709 000	6 752 000
Total Current Assets	4 393 000	4 200 000	3 807 000	5 720 000
Total Assets	13 713 000	12 385 000	12 515 000	12 472 000
Total Retained Equity	9 797 000	8 890 000	8 550 000	7 969 000
Total Equity	10 452 000	9 545 000	9 205 000	8 625 000
Total Long-Term Debt	1 667 000	2 167 000	2 667 000	3 167 000
Total Current Debt	1 594 000	673 000	643 000	681 000
Total Equity and Debt	13 713 000	12 385 000	12 515 000	12 472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 478 000	2 107 000	2 124 000	2 104 000
Revenue	2 478 000	2 107 000	2 124 000	2 104 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	822 000	751 000	634 000	424 000
Impairment	0	0	0	0
Expenditure	1 248 000	1 218 000	988 000	839 000
Operating Profit	1 229 000	888 000	1 136 000	1 265 000
Financial Income	32 000	20 000	30 000	46 000
Financial Costs	68 000	58 000	85 000	118 000
Financial Balance	−36 000	−38 000	−55 000	−72 000
Dividends	0	300 000	300 000	300 000
Net Income	907 000	640 000	881 000	944 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 064 000	7 294 000	7 650 000	6 735 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 251 000	886 000	1 054 000	13 000
Total Tangible Assets	9 315 000	8 180 000	8 703 000	6 747 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	9 320 000	8 185 000	8 709 000	6 752 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 189 000	4 152 000	3 770 000	5 689 000
Total Current Assets	4 393 000	4 200 000	3 807 000	5 720 000
Total Assets	13 713 000	12 385 000	12 515 000	12 472 000
Total Equity	10 452 000	9 545 000	9 205 000	8 625 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 667 000	2 167 000	2 667 000	3 167 000
Creditors	1 304 000	158 000	138 000	122 000
Unpaid Taxes	0	0	0	0
Dividends	0	300 000	300 000	300 000
Other Current Debt	5 000	5 000	5 000	9 000
Total Current Debt	1 594 000	673 000	643 000	681 000
Total Equity and Debt	13 713 000	12 385 000	12 515 000	12 472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,68 %	6,71 %	9,57 %	10,94 %
Debt-to-Equity Ratio	0,16	0,23	0,29	0,37
Operating Profit Margin	49,6 %	42,15 %	53,48 %	60,12 %
Current Ratio	2,76	6,24	5,92	8,4
Quick Ratio	2,76	6,24	5,92	8,4
Equity Ratio	0,76	0,77	0,74	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %