KRANSEBINDERIET AS

3057 SOLBERGELVA

Finances

Share Ownership

Return on Equity

0,44 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 152 000	19 438 000	19 083 000	15 769 000
Net Income	6 000	3 002 000	2 000 000	2 362 000
Total Assets	9 173 000	14 068 000	12 758 000	13 349 000
Total Equity	1 379 000	1 373 000	3 372 000	1 372 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 152 000	19 438 000	19 083 000	15 769 000
Expenditure	18 037 000	15 555 000	16 487 000	12 664 000
Operating Profit	116 000	3 882 000	2 596 000	3 104 000
Financial Income	4 000	6 000	16 000	10 000
Financial Costs	113 000	40 000	48 000	78 000
Financial Balance	−109 000	−34 000	−32 000	−68 000
Earnings Before Tax	7 000	3 848 000	2 564 000	3 035 000
Tax	2 000	847 000	564 000	673 000
Net Income	6 000	3 002 000	2 000 000	2 362 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	137 000	171 000	209 000	247 000
Total Current Assets	9 036 000	13 897 000	12 549 000	13 102 000
Total Assets	9 173 000	14 068 000	12 758 000	13 349 000
Total Retained Equity	1 229 000	1 223 000	3 222 000	1 222 000
Total Equity	1 379 000	1 373 000	3 372 000	1 372 000
Total Long-Term Debt	2 000	5 000	7 000	12 000
Total Current Debt	7 792 000	12 689 000	9 379 000	11 966 000
Total Equity and Debt	9 173 000	14 068 000	12 758 000	13 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 152 000	19 438 000	19 083 000	15 769 000
Other Income	0	0	0	0
Revenue	18 152 000	19 438 000	19 083 000	15 769 000
Cost of Goods Sold	13 869 000	11 947 000	11 939 000	9 649 000
Salary Costs	3 584 000	1 895 000	2 704 000	1 286 000
Depreciation	34 000	38 000	38 000	25 000
Impairment	0	0	0	0
Expenditure	18 037 000	15 555 000	16 487 000	12 664 000
Operating Profit	116 000	3 882 000	2 596 000	3 104 000
Financial Income	4 000	6 000	16 000	10 000
Financial Costs	113 000	40 000	48 000	78 000
Financial Balance	−109 000	−34 000	−32 000	−68 000
Dividends	0	4 000 000	0	2 500 000
Net Income	6 000	3 002 000	2 000 000	2 362 000

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	43 000	77 000	115 000	153 000
Total Tangible Assets	43 000	77 000	115 000	153 000
Total Fiancial Fixed Assets	94 000	94 000	94 000	94 000
Total Fixed Assets	137 000	171 000	209 000	247 000
Stock	107 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 840 000	9 927 000	7 378 000	355 000
Total Current Assets	9 036 000	13 897 000	12 549 000	13 102 000
Total Assets	9 173 000	14 068 000	12 758 000	13 349 000
Total Equity	1 379 000	1 373 000	3 372 000	1 372 000
Short-Term Group Debt	340 000	228 000	1 343 000	0
Total Long-Term Debt	2 000	5 000	7 000	12 000
Creditors	4 460 000	3 795 000	3 488 000	3 590 000
Unpaid Taxes	2 679 000	3 414 000	3 614 000	3 069 000
Dividends	0	4 000 000	0	2 500 000
Other Current Debt	308 000	402 000	364 000	169 000
Total Current Debt	7 792 000	12 689 000	9 379 000	11 966 000
Total Equity and Debt	9 173 000	14 068 000	12 758 000	13 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,44 %	218,65 %	59,31 %	172,16 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	0,64 %	19,97 %	13,6 %	19,68 %
Current Ratio	1,16	1,1	1,34	1,09
Quick Ratio	1,18	1,1	1,34	1,09
Equity Ratio	0,15	0,1	0,26	0,1
Gross Profit Margin	23,6 %	38,54 %	37,44 %	38,81 %