CREO - FORBUNDET FOR KUNST OG KULTUR

0186 OSLO

Finances

Return on Equity

−15,94 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 067 000	62 520 000	50 104 000	47 363 000
Net Income	−2 491 000	−1 980 000	93 000	464 000
Total Assets	27 601 000	32 063 000	29 665 000	29 480 000
Total Equity	15 631 000	18 608 000	19 975 000	19 883 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 067 000	62 520 000	50 104 000	47 363 000
Expenditure	64 906 000	64 540 000	50 387 000	47 502 000
Operating Profit	−2 840 000	−2 019 000	−282 000	−139 000
Financial Income	349 000	90 000	375 000	253 000
Financial Costs	0	50 000	1 000	−349 000
Financial Balance	349 000	40 000	374 000	602 000
Earnings Before Tax	−2 491 000	−1 980 000	93 000	464 000
Tax	0	0	0	0
Net Income	−2 491 000	−1 980 000	93 000	464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 524 000	5 903 000	4 997 000	5 291 000
Total Current Assets	22 077 000	26 160 000	24 669 000	24 189 000
Total Assets	27 601 000	32 063 000	29 665 000	29 480 000
Total Retained Equity	15 505 000	17 995 000	0	19 883 000
Total Equity	15 631 000	18 608 000	19 975 000	19 883 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 970 000	13 455 000	9 681 000	9 598 000
Total Equity and Debt	27 601 000	32 063 000	29 656 000	29 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 339 000	43 764 000	42 127 000	40 283 000
Other Income	11 728 000	18 757 000	7 977 000	7 080 000
Revenue	62 067 000	62 520 000	50 104 000	47 363 000
Cost of Goods Sold	15 727 000	15 042 000	13 869 000	13 432 000
Salary Costs	28 833 000	26 719 000	22 624 000	19 142 000
Depreciation	1 196 000	700 000	724 000	524 000
Impairment	0	0	0	0
Expenditure	64 906 000	64 540 000	50 387 000	47 502 000
Operating Profit	−2 840 000	−2 019 000	−282 000	−139 000
Financial Income	349 000	90 000	375 000	253 000
Financial Costs	0	50 000	1 000	−349 000
Financial Balance	349 000	40 000	374 000	602 000
Dividends	0	0	0	0
Net Income	−2 491 000	−1 980 000	93 000	464 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	992 000	1 129 000	1 296 000	1 463 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 967 000	3 211 000	1 814 000	1 975 000
Total Tangible Assets	2 967 000	3 211 000	1 814 000	1 975 000
Total Fiancial Fixed Assets	1 565 000	1 564 000	1 887 000	1 854 000
Total Fixed Assets	5 524 000	5 903 000	4 997 000	5 291 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 973 000	22 745 000	22 156 000	21 996 000
Total Current Assets	22 077 000	26 160 000	24 669 000	24 189 000
Total Assets	27 601 000	32 063 000	29 665 000	29 480 000
Total Equity	15 631 000	18 608 000	19 975 000	19 883 000
Short-Term Group Debt	28 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 650 000	2 170 000	796 000	4 412 000
Unpaid Taxes	1 670 000	1 818 000	1 796 000	1 567 000
Dividends	0	0	0	0
Other Current Debt	8 622 000	9 468 000	7 089 000	3 619 000
Total Current Debt	11 970 000	13 455 000	9 681 000	9 598 000
Total Equity and Debt	27 601 000	32 063 000	29 656 000	29 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,94 %	−10,64 %	0,47 %	2,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,58 %	−3,23 %	−0,56 %	−0,29 %
Current Ratio	1,84	1,94	2,55	2,52
Quick Ratio	1,84	1,94	2,55	2,52
Equity Ratio	0,57	0,58	0,67	0,67
Gross Profit Margin	74,66 %	75,94 %	72,32 %	71,64 %