KRENOVA AS

3427 GULLAUG

Finances

Return on Equity

37,9 %

Current Ratio

4,59

Debt-to-Equity Ratio

15,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 188 000	4 503 000	200 000	0
Net Income	412 000	591 000	−220 000	−131 000
Total Assets	19 852 000	3 993 000	284 000	369 000
Total Equity	1 087 000	675 000	84 000	304 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 188 000	4 503 000	200 000	0
Expenditure	11 061 000	3 753 000	420 000	131 000
Operating Profit	1 126 000	749 000	−220 000	−131 000
Financial Income	1 000	0	0	0
Financial Costs	600 000	11 000	0	0
Financial Balance	−599 000	−11 000	0	0
Earnings Before Tax	527 000	738 000	−220 000	−131 000
Tax	115 000	147 000	0	0
Net Income	412 000	591 000	−220 000	−131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 892 000	0	0	0
Total Current Assets	8 960 000	3 993 000	284 000	369 000
Total Assets	19 852 000	3 993 000	284 000	369 000
Total Retained Equity	987 000	575 000	−16 000	204 000
Total Equity	1 087 000	675 000	84 000	304 000
Total Long-Term Debt	16 815 000	2 400 000	0	0
Total Current Debt	1 950 000	918 000	200 000	65 000
Total Equity and Debt	19 852 000	3 993 000	284 000	369 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 780 000	4 473 000	0	0
Other Income	408 000	30 000	200 000	0
Revenue	12 188 000	4 503 000	200 000	0
Cost of Goods Sold	8 156 000	2 745 000	0	0
Salary Costs	1 431 000	630 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 061 000	3 753 000	420 000	131 000
Operating Profit	1 126 000	749 000	−220 000	−131 000
Financial Income	1 000	0	0	0
Financial Costs	600 000	11 000	0	0
Financial Balance	−599 000	−11 000	0	0
Dividends	0	0	0	0
Net Income	412 000	591 000	−220 000	−131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 862 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 862 000	0	0	0
Total Fiancial Fixed Assets	31 000	0	0	0
Total Fixed Assets	10 892 000	0	0	0
Stock	7 646 000	3 126 000	0	0
Total Investments	0	0	0	0
Cash, Bank	157 000	291 000	3 000	5 000
Total Current Assets	8 960 000	3 993 000	284 000	369 000
Total Assets	19 852 000	3 993 000	284 000	369 000
Total Equity	1 087 000	675 000	84 000	304 000
Short-Term Group Debt	251 000	0	135 000	0
Total Long-Term Debt	16 815 000	2 400 000	0	0
Creditors	967 000	124 000	0	0
Unpaid Taxes	235 000	277 000	0	0
Dividends	0	0	0	0
Other Current Debt	397 000	370 000	65 000	65 000
Total Current Debt	1 950 000	918 000	200 000	65 000
Total Equity and Debt	19 852 000	3 993 000	284 000	369 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,9 %	87,56 %	−261,9 %	−43,09 %
Debt-to-Equity Ratio	15,47	3,56	0	0
Operating Profit Margin	9,24 %	16,63 %	−110 %	-
Current Ratio	4,59	4,35	1,42	5,68
Quick Ratio	−1,57	−1,81	1,42	5,68
Equity Ratio	0,05	0,17	0,3	0,82
Gross Profit Margin	33,08 %	39,04 %	100 %	-