CREATECH AS

4314 SANDNES

Finances

Return on Equity

194,61 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	4 000	0	1 768 000
Net Income	12 747 000	−90 000	7 945 000	1 771 000
Total Assets	14 808 000	2 051 000	9 757 000	4 020 000
Total Equity	6 550 000	1 877 000	1 967 000	1 521 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	4 000	0	1 768 000
Expenditure	302 000	89 000	152 000	1 696 000
Operating Profit	−302 000	−84 000	−151 000	72 000
Financial Income	13 053 000	3 000	8 102 000	1 699 000
Financial Costs	4 000	8 000	5 000	0
Financial Balance	13 049 000	−5 000	8 097 000	1 699 000
Earnings Before Tax	12 747 000	−90 000	7 945 000	1 771 000
Tax	0	0	0	0
Net Income	12 747 000	−90 000	7 945 000	1 771 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 756 000	1 816 000	1 644 000	3 317 000
Total Current Assets	13 052 000	234 000	8 113 000	704 000
Total Assets	14 808 000	2 051 000	9 757 000	4 020 000
Total Retained Equity	6 450 000	1 777 000	1 867 000	1 421 000
Total Equity	6 550 000	1 877 000	1 967 000	1 521 000
Total Long-Term Debt	0	0	113 000	0
Total Current Debt	8 258 000	174 000	7 678 000	2 499 000
Total Equity and Debt	14 808 000	2 051 000	9 757 000	4 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	4 000	0	1 768 000
Other Income	0	0	0	0
Revenue	0	4 000	0	1 768 000
Cost of Goods Sold	0	34 000	0	13 000
Salary Costs	0	0	−4 000	1 567 000
Depreciation	11 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	302 000	89 000	152 000	1 696 000
Operating Profit	−302 000	−84 000	−151 000	72 000
Financial Income	13 053 000	3 000	8 102 000	1 699 000
Financial Costs	4 000	8 000	5 000	0
Financial Balance	13 049 000	−5 000	8 097 000	1 699 000
Dividends	8 074 000	0	7 500 000	2 263 000
Net Income	12 747 000	−90 000	7 945 000	1 771 000

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	20 000	30 000	0	0
Total Tangible Assets	20 000	30 000	0	0
Total Fiancial Fixed Assets	1 737 000	1 786 000	1 644 000	3 317 000
Total Fixed Assets	1 756 000	1 816 000	1 644 000	3 317 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 977 000	234 000	5 000	702 000
Total Current Assets	13 052 000	234 000	8 113 000	704 000
Total Assets	14 808 000	2 051 000	9 757 000	4 020 000
Total Equity	6 550 000	1 877 000	1 967 000	1 521 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	113 000	0
Creditors	10 000	0	2 000	2 000
Unpaid Taxes	0	0	1 000	86 000
Dividends	8 074 000	0	7 500 000	2 263 000
Other Current Debt	174 000	174 000	175 000	148 000
Total Current Debt	8 258 000	174 000	7 678 000	2 499 000
Total Equity and Debt	14 808 000	2 051 000	9 757 000	4 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	194,61 %	−4,79 %	403,91 %	116,44 %
Debt-to-Equity Ratio	0	0	0,06	0
Operating Profit Margin	-	−2 100 %	-	4,07 %
Current Ratio	1,58	1,34	1,06	0,28
Quick Ratio	1,58	1,34	1,06	0,28
Equity Ratio	0,44	0,92	0,2	0,38
Gross Profit Margin	-	−750 %	-	99,26 %