KROSSEN HANDEL AS

4608 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

7,8 %

Current Ratio

4,3

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	546 000	509 000	452 000	536 000
Net Income	196 000	213 000	200 000	231 000
Total Assets	2 899 000	2 725 000	3 475 000	4 097 000
Total Equity	2 513 000	2 317 000	2 104 000	1 904 000

Income (NOK)	2022	2021	2020	2019
Revenue	546 000	509 000	452 000	536 000
Expenditure	297 000	244 000	184 000	202 000
Operating Profit	249 000	265 000	268 000	334 000
Financial Income	5 000	31 000	30 000	25 000
Financial Costs	0	21 000	40 000	61 000
Financial Balance	5 000	10 000	−10 000	−36 000
Earnings Before Tax	254 000	275 000	259 000	299 000
Tax	58 000	62 000	59 000	68 000
Net Income	196 000	213 000	200 000	231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 270 000	2 056 000	2 069 000	1 892 000
Total Current Assets	628 000	669 000	1 406 000	2 205 000
Total Assets	2 899 000	2 725 000	3 475 000	4 097 000
Total Retained Equity	2 413 000	2 217 000	2 004 000	1 804 000
Total Equity	2 513 000	2 317 000	2 104 000	1 904 000
Total Long-Term Debt	239 000	243 000	1 204 000	2 000 000
Total Current Debt	146 000	165 000	168 000	194 000
Total Equity and Debt	2 898 000	2 725 000	3 475 000	4 097 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 000	83 000	32 000	88 000
Other Income	543 000	426 000	420 000	448 000
Revenue	546 000	509 000	452 000	536 000
Cost of Goods Sold	95 000	0	3 000	17 000
Salary Costs	4 000	4 000	1 000	0
Depreciation	46 000	46 000	46 000	42 000
Impairment	0	0	0	0
Expenditure	297 000	244 000	184 000	202 000
Operating Profit	249 000	265 000	268 000	334 000
Financial Income	5 000	31 000	30 000	25 000
Financial Costs	0	21 000	40 000	61 000
Financial Balance	5 000	10 000	−10 000	−36 000
Dividends	0	0	0	0
Net Income	196 000	213 000	200 000	231 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 755 000	1 801 000	1 846 000	1 892 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 755 000	1 801 000	1 846 000	1 892 000
Total Fiancial Fixed Assets	515 000	255 000	223 000	0
Total Fixed Assets	2 270 000	2 056 000	2 069 000	1 892 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	586 000	573 000	1 223 000	2 202 000
Total Current Assets	628 000	669 000	1 406 000	2 205 000
Total Assets	2 899 000	2 725 000	3 475 000	4 097 000
Total Equity	2 513 000	2 317 000	2 104 000	1 904 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	239 000	243 000	1 204 000	2 000 000
Creditors	0	47 000	1 000	4 000
Unpaid Taxes	36 000	95 000	101 000	115 000
Dividends	0	0	0	0
Other Current Debt	48 000	0	2 000	3 000
Total Current Debt	146 000	165 000	168 000	194 000
Total Equity and Debt	2 898 000	2 725 000	3 475 000	4 097 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,8 %	9,19 %	9,51 %	12,13 %
Debt-to-Equity Ratio	0,1	0,1	0,57	1,05
Operating Profit Margin	45,6 %	52,06 %	59,29 %	62,31 %
Current Ratio	4,3	4,05	8,37	11,37
Quick Ratio	4,3	4,05	8,37	11,37
Equity Ratio	0,87	0,85	0,61	0,46
Gross Profit Margin	82,6 %	100 %	99,34 %	96,83 %