KRONEX AS

5578 NEDRE VATS

Finances

Share Ownership

Return on Equity

−40,98 %

Current Ratio

2,61

Debt-to-Equity Ratio

5,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 034 000	1 473 000	2 026 000	2 735 000
Net Income	−641 000	−58 000	346 000	786 000
Total Assets	11 851 000	12 109 000	11 899 000	11 007 000
Total Equity	1 564 000	2 205 000	2 263 000	2 344 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 034 000	1 473 000	2 026 000	2 735 000
Expenditure	1 433 000	1 277 000	1 230 000	1 375 000
Operating Profit	−400 000	196 000	796 000	1 359 000
Financial Income	18 000	9 000	14 000	1 000
Financial Costs	440 000	279 000	367 000	352 000
Financial Balance	−422 000	−270 000	−353 000	−351 000
Earnings Before Tax	−822 000	−74 000	443 000	1 008 000
Tax	−181 000	−16 000	97 000	222 000
Net Income	−641 000	−58 000	346 000	786 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 062 000	7 416 000	7 927 000	8 486 000
Total Current Assets	4 788 000	4 694 000	3 972 000	2 521 000
Total Assets	11 851 000	12 109 000	11 899 000	11 007 000
Total Retained Equity	94 000	735 000	793 000	874 000
Total Equity	1 564 000	2 205 000	2 263 000	2 344 000
Total Long-Term Debt	8 455 000	8 015 000	7 747 000	7 403 000
Total Current Debt	1 831 000	1 889 000	1 889 000	1 260 000
Total Equity and Debt	11 851 000	12 109 000	11 899 000	11 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 000	0	0	0
Other Income	1 031 000	1 473 000	2 026 000	2 735 000
Revenue	1 034 000	1 473 000	2 026 000	2 735 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	534 000	546 000	559 000	575 000
Impairment	0	0	0	0
Expenditure	1 433 000	1 277 000	1 230 000	1 375 000
Operating Profit	−400 000	196 000	796 000	1 359 000
Financial Income	18 000	9 000	14 000	1 000
Financial Costs	440 000	279 000	367 000	352 000
Financial Balance	−422 000	−270 000	−353 000	−351 000
Dividends	0	0	0	0
Net Income	−641 000	−58 000	346 000	786 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	215 000	34 000	0	0
Real Eastate	6 191 000	6 619 000	7 053 000	7 492 000
Machinery and Plant Facilities	563 000	648 000	739 000	836 000
Fixtures	92 000	114 000	136 000	157 000
Total Tangible Assets	6 847 000	7 382 000	7 927 000	8 486 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 062 000	7 416 000	7 927 000	8 486 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 675 000	4 545 000	3 787 000	2 346 000
Total Current Assets	4 788 000	4 694 000	3 972 000	2 521 000
Total Assets	11 851 000	12 109 000	11 899 000	11 007 000
Total Equity	1 564 000	2 205 000	2 263 000	2 344 000
Short-Term Group Debt	1 781 000	1 781 000	1 781 000	1 234 000
Total Long-Term Debt	8 455 000	8 015 000	7 747 000	7 403 000
Creditors	13 000	51 000	90 000	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	37 000	29 000	18 000	16 000
Total Current Debt	1 831 000	1 889 000	1 889 000	1 260 000
Total Equity and Debt	11 851 000	12 109 000	11 899 000	11 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,98 %	−2,63 %	15,29 %	33,53 %
Debt-to-Equity Ratio	5,41	3,63	3,42	3,16
Operating Profit Margin	−38,68 %	13,31 %	39,29 %	49,69 %
Current Ratio	2,61	2,48	2,1	2
Quick Ratio	2,61	2,48	2,1	2
Equity Ratio	0,13	0,18	0,19	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %