CRECON AS

3408 TRANBY

Finances

Share Ownership

Return on Equity

−30,08 %

Current Ratio

1,6

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 587 000	4 959 000	4 080 000	6 237 000
Net Income	−151 000	118 000	−27 000	−305 000
Total Assets	1 871 000	1 922 000	1 238 000	1 909 000
Total Equity	502 000	653 000	535 000	562 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 587 000	4 959 000	4 080 000	6 237 000
Expenditure	4 856 000	4 725 000	4 115 000	6 586 000
Operating Profit	−193 000	166 000	−14 000	−350 000
Financial Income	18 000	8 000	8 000	12 000
Financial Costs	18 000	22 000	22 000	48 000
Financial Balance	0	−14 000	−14 000	−36 000
Earnings Before Tax	−193 000	152 000	−28 000	−386 000
Tax	−43 000	34 000	−1 000	−81 000
Net Income	−151 000	118 000	−27 000	−305 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 000	88 000	102 000	101 000
Total Current Assets	1 747 000	1 834 000	1 136 000	1 808 000
Total Assets	1 871 000	1 922 000	1 238 000	1 909 000
Total Retained Equity	402 000	553 000	435 000	462 000
Total Equity	502 000	653 000	535 000	562 000
Total Long-Term Debt	275 000	350 000	0	0
Total Current Debt	1 093 000	919 000	703 000	1 347 000
Total Equity and Debt	1 871 000	1 922 000	1 238 000	1 909 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 586 000	4 958 000	4 061 000	6 237 000
Other Income	1 000	0	19 000	0
Revenue	4 587 000	4 959 000	4 080 000	6 237 000
Cost of Goods Sold	1 500 000	1 703 000	1 036 000	2 676 000
Salary Costs	2 353 000	1 923 000	2 140 000	2 593 000
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 856 000	4 725 000	4 115 000	6 586 000
Operating Profit	−193 000	166 000	−14 000	−350 000
Financial Income	18 000	8 000	8 000	12 000
Financial Costs	18 000	22 000	22 000	48 000
Financial Balance	0	−14 000	−14 000	−36 000
Dividends	0	0	0	0
Net Income	−151 000	118 000	−27 000	−305 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	111 000	68 000	102 000	101 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	20 000	0	0
Total Tangible Assets	13 000	20 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	124 000	88 000	102 000	101 000
Stock	253 000	177 000	245 000	223 000
Total Investments	0	0	0	0
Cash, Bank	682 000	1 309 000	460 000	703 000
Total Current Assets	1 747 000	1 834 000	1 136 000	1 808 000
Total Assets	1 871 000	1 922 000	1 238 000	1 909 000
Total Equity	502 000	653 000	535 000	562 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	275 000	350 000	0	0
Creditors	370 000	337 000	174 000	503 000
Unpaid Taxes	507 000	404 000	358 000	587 000
Dividends	0	0	0	0
Other Current Debt	216 000	177 000	171 000	257 000
Total Current Debt	1 093 000	919 000	703 000	1 347 000
Total Equity and Debt	1 871 000	1 922 000	1 238 000	1 909 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,08 %	18,07 %	−5,05 %	−54,27 %
Debt-to-Equity Ratio	0,55	0,54	0	0
Operating Profit Margin	−4,21 %	3,35 %	−0,34 %	−5,61 %
Current Ratio	1,6	2	1,62	1,34
Quick Ratio	2,08	2,47	2,48	1,61
Equity Ratio	0,27	0,34	0,43	0,29
Gross Profit Margin	67,3 %	65,66 %	74,61 %	57,09 %