KREMO AS

1580 RYGGE

Finances

Share Ownership

Return on Equity

23,99 %

Current Ratio

1,27

Debt-to-Equity Ratio

3,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 897 000	7 978 000	7 207 000	7 062 000
Net Income	1 108 000	817 000	727 000	123 000
Total Assets	21 674 000	20 832 000	19 523 000	16 106 000
Total Equity	4 619 000	3 911 000	3 495 000	3 168 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 897 000	7 978 000	7 207 000	7 062 000
Expenditure	9 034 000	6 495 000	5 937 000	6 794 000
Operating Profit	1 863 000	1 482 000	1 270 000	268 000
Financial Income	128 000	37 000	16 000	7 000
Financial Costs	569 000	472 000	354 000	231 000
Financial Balance	−441 000	−435 000	−338 000	−224 000
Earnings Before Tax	1 422 000	1 047 000	932 000	44 000
Tax	314 000	231 000	205 000	−80 000
Net Income	1 108 000	817 000	727 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 078 000	18 982 000	18 242 000	14 981 000
Total Current Assets	2 597 000	1 850 000	1 281 000	1 125 000
Total Assets	21 674 000	20 832 000	19 523 000	16 106 000
Total Retained Equity	3 585 000	2 877 000	2 460 000	2 134 000
Total Equity	4 619 000	3 911 000	3 495 000	3 168 000
Total Long-Term Debt	15 004 000	15 283 000	14 534 000	11 728 000
Total Current Debt	2 051 000	1 638 000	1 494 000	1 210 000
Total Equity and Debt	21 674 000	20 832 000	19 523 000	16 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 472 000	7 647 000	6 749 000	6 056 000
Other Income	425 000	331 000	458 000	1 006 000
Revenue	10 897 000	7 978 000	7 207 000	7 062 000
Cost of Goods Sold	2 276 000	1 237 000	1 020 000	1 368 000
Salary Costs	3 336 000	2 578 000	2 603 000	2 860 000
Depreciation	435 000	449 000	480 000	315 000
Impairment	0	0	0	0
Expenditure	9 034 000	6 495 000	5 937 000	6 794 000
Operating Profit	1 863 000	1 482 000	1 270 000	268 000
Financial Income	128 000	37 000	16 000	7 000
Financial Costs	569 000	472 000	354 000	231 000
Financial Balance	−441 000	−435 000	−338 000	−224 000
Dividends	400 000	400 000	400 000	0
Net Income	1 108 000	817 000	727 000	123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	113 000	118 000	48 000	80 000
Real Eastate	16 155 000	16 332 000	15 375 000	12 863 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 286 000	1 283 000	1 489 000	674 000
Total Tangible Assets	17 440 000	17 615 000	16 864 000	13 537 000
Total Fiancial Fixed Assets	1 524 000	1 250 000	1 331 000	1 364 000
Total Fixed Assets	19 078 000	18 982 000	18 242 000	14 981 000
Stock	626 000	600 000	388 000	320 000
Total Investments	0	0	0	0
Cash, Bank	392 000	404 000	94 000	107 000
Total Current Assets	2 597 000	1 850 000	1 281 000	1 125 000
Total Assets	21 674 000	20 832 000	19 523 000	16 106 000
Total Equity	4 619 000	3 911 000	3 495 000	3 168 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 004 000	15 283 000	14 534 000	11 728 000
Creditors	428 000	148 000	324 000	520 000
Unpaid Taxes	529 000	498 000	300 000	437 000
Dividends	400 000	400 000	400 000	0
Other Current Debt	385 000	292 000	296 000	252 000
Total Current Debt	2 051 000	1 638 000	1 494 000	1 210 000
Total Equity and Debt	21 674 000	20 832 000	19 523 000	16 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,99 %	20,89 %	20,8 %	3,88 %
Debt-to-Equity Ratio	3,25	3,91	4,16	3,7
Operating Profit Margin	17,1 %	18,58 %	17,62 %	3,79 %
Current Ratio	1,27	1,13	0,86	0,93
Quick Ratio	1,82	1,78	1,16	1,26
Equity Ratio	0,21	0,19	0,18	0,2
Gross Profit Margin	79,11 %	84,49 %	85,85 %	80,63 %