CREDO GRUPPEN AS

2317 HAMAR

Finances

Return on Equity

−3,23 %

Current Ratio

3,5

Debt-to-Equity Ratio

1,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 665 000	215 612 000	153 660 000	227 259 000
Net Income	−6 807 000	33 991 000	32 239 000	93 211 000
Total Assets	549 141 000	510 722 000	569 486 000	362 573 000
Total Equity	210 589 000	216 165 000	190 956 000	149 902 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 665 000	215 612 000	153 660 000	227 259 000
Expenditure	71 696 000	166 746 000	119 805 000	113 848 000
Operating Profit	18 969 000	48 865 000	33 856 000	113 412 000
Financial Income	−15 902 000	7 553 000	10 871 000	2 195 000
Financial Costs	6 218 000	5 289 000	8 724 000	5 812 000
Financial Balance	−22 120 000	2 264 000	2 147 000	−3 617 000
Earnings Before Tax	−3 151 000	51 130 000	36 003 000	109 794 000
Tax	3 656 000	17 138 000	3 764 000	16 583 000
Net Income	−6 807 000	33 991 000	32 239 000	93 211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	408 600 000	357 698 000	354 610 000	280 609 000
Total Current Assets	140 542 000	153 025 000	214 876 000	81 965 000
Total Assets	549 141 000	510 722 000	569 486 000	362 573 000
Total Retained Equity	210 481 000	216 057 000	190 848 000	149 794 000
Total Equity	210 589 000	216 165 000	190 956 000	149 902 000
Total Long-Term Debt	298 431 000	241 869 000	243 437 000	149 123 000
Total Current Debt	40 120 000	52 689 000	135 093 000	63 549 000
Total Equity and Debt	549 141 000	510 722 000	569 486 000	362 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 868 000	204 321 000	136 797 000	110 654 000
Other Income	2 798 000	11 292 000	16 863 000	116 606 000
Revenue	90 665 000	215 612 000	153 660 000	227 259 000
Cost of Goods Sold	42 209 000	140 318 000	100 158 000	92 280 000
Salary Costs	15 696 000	14 351 000	11 861 000	13 222 000
Depreciation	417 000	545 000	650 000	150 000
Impairment	0	0	0	0
Expenditure	71 696 000	166 746 000	119 805 000	113 848 000
Operating Profit	18 969 000	48 865 000	33 856 000	113 412 000
Financial Income	−15 902 000	7 553 000	10 871 000	2 195 000
Financial Costs	6 218 000	5 289 000	8 724 000	5 812 000
Financial Balance	−22 120 000	2 264 000	2 147 000	−3 617 000
Dividends	0	9 994 000	1 500 000	0
Net Income	−6 807 000	33 991 000	32 239 000	93 211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	5 891 000	5 891 000	5 871 000	5 891 000
Total Intangible Assets	6 039 000	6 115 000	6 171 000	6 005 000
Real Eastate	308 665 000	260 763 000	279 797 000	244 773 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 263 000	795 000	1 264 000	1 413 000
Total Tangible Assets	313 928 000	261 558 000	281 061 000	246 185 000
Total Fiancial Fixed Assets	88 633 000	90 025 000	67 379 000	28 419 000
Total Fixed Assets	408 600 000	357 698 000	354 610 000	280 609 000
Stock	105 787 000	92 831 000	72 228 000	46 994 000
Total Investments	526 000	565 000	506 000	401 000
Cash, Bank	8 066 000	30 719 000	28 190 000	14 897 000
Total Current Assets	140 542 000	153 025 000	214 876 000	81 965 000
Total Assets	549 141 000	510 722 000	569 486 000	362 573 000
Total Equity	210 589 000	216 165 000	190 956 000	149 902 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	298 431 000	241 869 000	243 437 000	149 123 000
Creditors	6 735 000	8 975 000	21 277 000	16 779 000
Unpaid Taxes	2 641 000	1 139 000	1 391 000	1 117 000
Dividends	0	9 994 000	1 500 000	0
Other Current Debt	21 732 000	11 229 000	39 445 000	4 978 000
Total Current Debt	40 120 000	52 689 000	135 093 000	63 549 000
Total Equity and Debt	549 141 000	510 722 000	569 486 000	362 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,23 %	15,72 %	16,88 %	62,18 %
Debt-to-Equity Ratio	1,42	1,12	1,27	0,99
Operating Profit Margin	20,92 %	22,66 %	22,03 %	49,9 %
Current Ratio	3,5	2,9	1,59	1,29
Quick Ratio	−2,14	−3,81	3,42	4,95
Equity Ratio	0,38	0,42	0,34	0,41
Gross Profit Margin	53,45 %	34,92 %	34,82 %	59,39 %