KRAGERØ EXPRESSEN AS

3790 HELLE

Finances

Share Ownership

Return on Equity

−33,83 %

Current Ratio

0,23

Debt-to-Equity Ratio

−0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 681 000	2 739 000	2 801 000	2 992 000
Net Income	227 000	294 000	313 000	194 000
Total Assets	348 000	466 000	455 000	595 000
Total Equity	−671 000	−898 000	−1 192 000	−1 506 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 681 000	2 739 000	2 801 000	2 992 000
Expenditure	2 427 000	2 412 000	2 445 000	2 759 000
Operating Profit	255 000	327 000	355 000	234 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	29 000	34 000	42 000	41 000
Financial Balance	−28 000	−33 000	−41 000	−40 000
Earnings Before Tax	227 000	294 000	313 000	194 000
Tax	0	0	0	0
Net Income	227 000	294 000	313 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	157 000	226 000	308 000	390 000
Total Current Assets	192 000	240 000	147 000	205 000
Total Assets	348 000	466 000	455 000	595 000
Total Retained Equity	−771 000	−998 000	−1 292 000	−1 606 000
Total Equity	−671 000	−898 000	−1 192 000	−1 506 000
Total Long-Term Debt	172 000	249 000	323 000	382 000
Total Current Debt	848 000	1 115 000	1 324 000	1 718 000
Total Equity and Debt	348 000	466 000	455 000	595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 676 000	2 739 000	2 801 000	2 992 000
Other Income	5 000	0	0	0
Revenue	2 681 000	2 739 000	2 801 000	2 992 000
Cost of Goods Sold	287 000	163 000	7 000	10 000
Salary Costs	1 257 000	1 312 000	1 611 000	1 740 000
Depreciation	84 000	82 000	82 000	21 000
Impairment	0	0	0	0
Expenditure	2 427 000	2 412 000	2 445 000	2 759 000
Operating Profit	255 000	327 000	355 000	234 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	29 000	34 000	42 000	41 000
Financial Balance	−28 000	−33 000	−41 000	−40 000
Dividends	0	0	0	0
Net Income	227 000	294 000	313 000	194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	157 000	226 000	308 000	390 000
Total Tangible Assets	157 000	226 000	308 000	390 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	157 000	226 000	308 000	390 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	21 000	8 000	7 000
Total Current Assets	192 000	240 000	147 000	205 000
Total Assets	348 000	466 000	455 000	595 000
Total Equity	−671 000	−898 000	−1 192 000	−1 506 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	172 000	249 000	323 000	382 000
Creditors	516 000	683 000	867 000	1 162 000
Unpaid Taxes	117 000	130 000	172 000	226 000
Dividends	0	0	0	0
Other Current Debt	131 000	122 000	153 000	153 000
Total Current Debt	848 000	1 115 000	1 324 000	1 718 000
Total Equity and Debt	348 000	466 000	455 000	595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,83 %	−32,74 %	−26,26 %	−12,88 %
Debt-to-Equity Ratio	−0,26	−0,28	−0,27	−0,25
Operating Profit Margin	9,51 %	11,94 %	12,67 %	7,82 %
Current Ratio	0,23	0,22	0,11	0,12
Quick Ratio	0,23	0,22	0,11	0,12
Equity Ratio	−1,93	−1,93	−2,62	−2,53
Gross Profit Margin	89,3 %	94,05 %	99,75 %	99,67 %