KUREO AS

4262 AVALDSNES

Finances

Return on Equity

22,22 %

Current Ratio

3,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 596 000	5 163 000	3 742 000	25 358 000
Net Income	726 000	91 000	−795 000	4 565 000
Total Assets	4 534 000	3 540 000	3 061 000	7 429 000
Total Equity	3 267 000	2 542 000	2 338 000	3 133 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 596 000	5 163 000	3 742 000	25 358 000
Expenditure	5 850 000	5 058 000	4 524 000	20 698 000
Operating Profit	747 000	104 000	−782 000	4 660 000
Financial Income	12 000	12 000	4 000	47 000
Financial Costs	33 000	25 000	16 000	142 000
Financial Balance	−21 000	−13 000	−12 000	−95 000
Earnings Before Tax	726 000	91 000	−795 000	4 565 000
Tax	0	0	0	0
Net Income	726 000	91 000	−795 000	4 565 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	40 000	69 000	89 000
Total Current Assets	4 505 000	3 500 000	2 992 000	7 340 000
Total Assets	4 534 000	3 540 000	3 061 000	7 429 000
Total Retained Equity	2 749 000	2 023 000	1 846 000	2 641 000
Total Equity	3 267 000	2 542 000	2 338 000	3 133 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 267 000	998 000	722 000	4 296 000
Total Equity and Debt	4 534 000	3 540 000	3 061 000	7 429 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 596 000	5 163 000	3 742 000	19 358 000
Other Income	0	0	0	6 000 000
Revenue	6 596 000	5 163 000	3 742 000	25 358 000
Cost of Goods Sold	494 000	613 000	631 000	187 000
Salary Costs	4 937 000	3 543 000	2 472 000	15 803 000
Depreciation	18 000	5 000	21 000	16 000
Impairment	0	0	0	0
Expenditure	5 850 000	5 058 000	4 524 000	20 698 000
Operating Profit	747 000	104 000	−782 000	4 660 000
Financial Income	12 000	12 000	4 000	47 000
Financial Costs	33 000	25 000	16 000	142 000
Financial Balance	−21 000	−13 000	−12 000	−95 000
Dividends	0	0	0	0
Net Income	726 000	91 000	−795 000	4 565 000

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	18 000	16 000	21 000	42 000
Total Tangible Assets	18 000	16 000	21 000	42 000
Total Fiancial Fixed Assets	12 000	24 000	48 000	48 000
Total Fixed Assets	29 000	40 000	69 000	89 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 461 000	1 626 000	692 000	643 000
Total Current Assets	4 505 000	3 500 000	2 992 000	7 340 000
Total Assets	4 534 000	3 540 000	3 061 000	7 429 000
Total Equity	3 267 000	2 542 000	2 338 000	3 133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	244 000	168 000	185 000	184 000
Unpaid Taxes	501 000	436 000	308 000	1 746 000
Dividends	0	0	0	0
Other Current Debt	521 000	394 000	229 000	1 470 000
Total Current Debt	1 267 000	998 000	722 000	4 296 000
Total Equity and Debt	4 534 000	3 540 000	3 061 000	7 429 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,22 %	3,58 %	−34 %	145,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,33 %	2,01 %	−20,9 %	18,38 %
Current Ratio	3,56	3,51	4,14	1,71
Quick Ratio	3,56	3,51	4,14	1,71
Equity Ratio	0,72	0,72	0,76	0,42
Gross Profit Margin	92,51 %	88,13 %	83,14 %	99,26 %