KRONEN GAARD AS

4309 SANDNES

Finances

Return on Equity

45,61 %

Current Ratio

0,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 075 000	16 403 000	17 080 000	16 533 000
Net Income	3 981 000	1 091 000	13 000	−2 763 000
Total Assets	43 687 000	34 595 000	42 545 000	41 693 000
Total Equity	8 729 000	4 748 000	4 838 000	4 717 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 075 000	16 403 000	17 080 000	16 533 000
Expenditure	19 842 000	14 024 000	15 983 000	18 730 000
Operating Profit	6 233 000	2 380 000	1 097 000	−2 197 000
Financial Income	0	6 000	14 000	13 000
Financial Costs	1 130 000	987 000	1 094 000	1 351 000
Financial Balance	−1 130 000	−981 000	−1 080 000	−1 338 000
Earnings Before Tax	5 103 000	1 399 000	16 000	−3 536 000
Tax	1 123 000	308 000	4 000	−773 000
Net Income	3 981 000	1 091 000	13 000	−2 763 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 367 000	32 377 000	33 228 000	33 385 000
Total Current Assets	6 320 000	2 218 000	9 317 000	8 308 000
Total Assets	43 687 000	34 595 000	42 545 000	41 693 000
Total Retained Equity	3 981 000	0	13 000	0
Total Equity	8 729 000	4 748 000	4 838 000	4 717 000
Total Long-Term Debt	0	0	0	123 000
Total Current Debt	34 958 000	29 847 000	37 707 000	36 853 000
Total Equity and Debt	43 687 000	34 595 000	42 545 000	41 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 770 000	15 992 000	13 330 000	16 508 000
Other Income	305 000	411 000	3 750 000	25 000
Revenue	26 075 000	16 403 000	17 080 000	16 533 000
Cost of Goods Sold	3 127 000	2 311 000	2 882 000	3 083 000
Salary Costs	7 565 000	6 102 000	7 745 000	9 266 000
Depreciation	772 000	756 000	761 000	1 216 000
Impairment	0	0	0	0
Expenditure	19 842 000	14 024 000	15 983 000	18 730 000
Operating Profit	6 233 000	2 380 000	1 097 000	−2 197 000
Financial Income	0	6 000	14 000	13 000
Financial Costs	1 130 000	987 000	1 094 000	1 351 000
Financial Balance	−1 130 000	−981 000	−1 080 000	−1 338 000
Dividends	0	0	0	0
Net Income	3 981 000	1 091 000	13 000	−2 763 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	939 000	953 000	928 000	962 000
Real Eastate	15 332 000	11 152 000	11 646 000	12 115 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 506 000	683 000	1 065 000	718 000
Total Tangible Assets	16 839 000	11 835 000	12 710 000	12 833 000
Total Fiancial Fixed Assets	19 589 000	19 589 000	19 589 000	19 589 000
Total Fixed Assets	37 367 000	32 377 000	33 228 000	33 385 000
Stock	526 000	469 000	450 000	588 000
Total Investments	668 000	5 000	5 000	5 000
Cash, Bank	271 000	257 000	268 000	256 000
Total Current Assets	6 320 000	2 218 000	9 317 000	8 308 000
Total Assets	43 687 000	34 595 000	42 545 000	41 693 000
Total Equity	8 729 000	4 748 000	4 838 000	4 717 000
Short-Term Group Debt	28 370 000	26 367 000	35 179 000	33 277 000
Total Long-Term Debt	0	0	0	123 000
Creditors	2 803 000	761 000	409 000	709 000
Unpaid Taxes	845 000	1 103 000	782 000	1 107 000
Dividends	0	0	0	0
Other Current Debt	1 831 000	1 616 000	1 337 000	1 760 000
Total Current Debt	34 958 000	29 847 000	37 707 000	36 853 000
Total Equity and Debt	43 687 000	34 595 000	42 545 000	41 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,61 %	22,98 %	0,27 %	−58,58 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	23,9 %	14,51 %	6,42 %	−13,29 %
Current Ratio	0,18	0,07	0,25	0,23
Quick Ratio	0,18	0,08	0,25	0,23
Equity Ratio	0,2	0,14	0,11	0,11
Gross Profit Margin	88,01 %	85,91 %	83,13 %	81,35 %