CREDO RESTAURANT AS

0254 OSLO

Finances

Share Ownership

Return on Equity

−50,9 %

Current Ratio

1,68

Debt-to-Equity Ratio

3,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 798 000	21 817 000	21 469 000	22 236 000
Net Income	−1 021 000	557 000	557 000	647 000
Total Assets	13 978 000	15 964 000	15 821 000	11 828 000
Total Equity	2 006 000	2 271 000	1 714 000	1 165 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 798 000	21 817 000	21 469 000	22 236 000
Expenditure	26 669 000	20 704 000	20 502 000	21 138 000
Operating Profit	−871 000	1 113 000	968 000	1 097 000
Financial Income	0	0	1 000	30 000
Financial Costs	150 000	197 000	203 000	254 000
Financial Balance	−150 000	−197 000	−202 000	−224 000
Earnings Before Tax	−1 021 000	916 000	766 000	874 000
Tax	0	359 000	209 000	226 000
Net Income	−1 021 000	557 000	557 000	647 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 019 000	6 807 000	5 101 000	5 213 000
Total Current Assets	6 959 000	9 157 000	10 720 000	6 615 000
Total Assets	13 978 000	15 964 000	15 821 000	11 828 000
Total Retained Equity	1 406 000	1 671 000	1 114 000	565 000
Total Equity	2 006 000	2 271 000	1 714 000	1 165 000
Total Long-Term Debt	7 818 000	8 869 000	8 675 000	5 630 000
Total Current Debt	4 153 000	4 824 000	5 432 000	5 033 000
Total Equity and Debt	13 978 000	15 964 000	15 821 000	11 828 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 284 000	20 249 000	19 800 000	20 701 000
Other Income	1 514 000	1 568 000	1 669 000	1 535 000
Revenue	25 798 000	21 817 000	21 469 000	22 236 000
Cost of Goods Sold	6 550 000	4 475 000	4 618 000	3 925 000
Salary Costs	13 456 000	10 531 000	11 023 000	12 080 000
Depreciation	555 000	452 000	411 000	403 000
Impairment	0	0	0	0
Expenditure	26 669 000	20 704 000	20 502 000	21 138 000
Operating Profit	−871 000	1 113 000	968 000	1 097 000
Financial Income	0	0	1 000	30 000
Financial Costs	150 000	197 000	203 000	254 000
Financial Balance	−150 000	−197 000	−202 000	−224 000
Dividends	0	0	0	0
Net Income	−1 021 000	557 000	557 000	647 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	62 000	35 000
Real Eastate	3 428 000	3 503 000	3 578 000	3 653 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 736 000	1 449 000	1 461 000	1 525 000
Total Tangible Assets	5 164 000	4 952 000	5 039 000	5 178 000
Total Fiancial Fixed Assets	1 855 000	1 855 000	0	0
Total Fixed Assets	7 019 000	6 807 000	5 101 000	5 213 000
Stock	2 381 000	3 100 000	2 730 000	2 762 000
Total Investments	0	0	0	0
Cash, Bank	1 998 000	4 690 000	5 505 000	2 155 000
Total Current Assets	6 959 000	9 157 000	10 720 000	6 615 000
Total Assets	13 978 000	15 964 000	15 821 000	11 828 000
Total Equity	2 006 000	2 271 000	1 714 000	1 165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 818 000	8 869 000	8 675 000	5 630 000
Creditors	271 000	793 000	368 000	431 000
Unpaid Taxes	1 855 000	1 566 000	1 696 000	1 624 000
Dividends	0	0	0	0
Other Current Debt	2 009 000	2 168 000	3 134 000	2 838 000
Total Current Debt	4 153 000	4 824 000	5 432 000	5 033 000
Total Equity and Debt	13 978 000	15 964 000	15 821 000	11 828 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−50,9 %	24,53 %	32,5 %	55,54 %
Debt-to-Equity Ratio	3,9	3,91	5,06	4,83
Operating Profit Margin	−3,38 %	5,1 %	4,51 %	4,93 %
Current Ratio	1,68	1,9	1,97	1,31
Quick Ratio	3,93	5,31	3,97	2,91
Equity Ratio	0,14	0,14	0,11	0,1
Gross Profit Margin	74,61 %	79,49 %	78,49 %	82,35 %