KRUSE SMITH AS

0278 OSLO

Finances

Return on Equity

419,11 %

Current Ratio

0,92

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	3 318 984 000	3 072 203 000	3 858 727 000
Net Income	−302 703 000	−63 425 000	−61 658 000	−48 617 000
Total Assets	1 143 252 000	1 398 535 000	1 355 948 000	2 614 183 000
Total Equity	−72 226 000	230 477 000	293 903 000	398 309 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	3 318 984 000	3 072 203 000	3 858 727 000
Expenditure	3 576 000	3 327 135 000	3 108 164 000	3 931 361 000
Operating Profit	−3 576 000	−8 151 000	−35 961 000	−72 634 000
Financial Income	9 243 000	2 152 000	−22 982 000	−12 409 000
Financial Costs	18 512 000	4 127 000	10 157 000	7 978 000
Financial Balance	−9 269 000	−1 975 000	−33 139 000	−20 387 000
Earnings Before Tax	−12 845 000	−10 126 000	−69 100 000	−93 021 000
Tax	11 176 000	−2 821 000	−7 442 000	−16 880 000
Net Income	−302 703 000	−63 425 000	−61 658 000	−48 617 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 088 000	97 445 000	217 159 000	166 818 000
Total Current Assets	1 124 164 000	1 301 090 000	1 138 789 000	2 447 365 000
Total Assets	1 143 252 000	1 398 535 000	1 355 948 000	2 614 183 000
Total Retained Equity	−234 468 000	68 235 000	131 661 000	236 067 000
Total Equity	−72 226 000	230 477 000	293 903 000	398 309 000
Total Long-Term Debt	0	14 473 000	38 905 000	36 294 000
Total Current Debt	1 215 479 000	1 153 585 000	1 023 140 000	2 179 580 000
Total Equity and Debt	1 143 253 000	1 398 535 000	1 355 948 000	2 614 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	3 316 204 000	3 056 925 000	3 856 028 000
Other Income	0	2 780 000	15 278 000	2 699 000
Revenue	0	3 318 984 000	3 072 203 000	3 858 727 000
Cost of Goods Sold	0	2 742 381 000	2 393 662 000	3 184 260 000
Salary Costs	2 181 000	500 888 000	595 430 000	647 768 000
Depreciation	0	6 607 000	15 696 000	18 606 000
Impairment	0	0	0	0
Expenditure	3 576 000	3 327 135 000	3 108 164 000	3 931 361 000
Operating Profit	−3 576 000	−8 151 000	−35 961 000	−72 634 000
Financial Income	9 243 000	2 152 000	−22 982 000	−12 409 000
Financial Costs	18 512 000	4 127 000	10 157 000	7 978 000
Financial Balance	−9 269 000	−1 975 000	−33 139 000	−20 387 000
Dividends	0	0	0	0
Net Income	−302 703 000	−63 425 000	−61 658 000	−48 617 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	20 442 000	54 005 000	37 071 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	7 218 000	29 544 000	37 335 000
Total Tangible Assets	0	7 218 000	29 544 000	37 335 000
Total Fiancial Fixed Assets	19 088 000	69 785 000	133 610 000	92 412 000
Total Fixed Assets	19 088 000	97 445 000	217 159 000	166 818 000
Stock	0	33 000	33 000	33 000
Total Investments	1 097 730 000	285 108 000	0	1 361 756 000
Cash, Bank	169 000	209 245 000	235 660 000	58 466 000
Total Current Assets	1 124 164 000	1 301 090 000	1 138 789 000	2 447 365 000
Total Assets	1 143 252 000	1 398 535 000	1 355 948 000	2 614 183 000
Total Equity	−72 226 000	230 477 000	293 903 000	398 309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	14 473 000	38 905 000	36 294 000
Creditors	13 113 000	315 968 000	486 665 000	635 455 000
Unpaid Taxes	182 000	118 226 000	84 582 000	114 003 000
Dividends	0	0	0	0
Other Current Debt	116 343 000	473 062 000	451 893 000	544 421 000
Total Current Debt	1 215 479 000	1 153 585 000	1 023 140 000	2 179 580 000
Total Equity and Debt	1 143 253 000	1 398 535 000	1 355 948 000	2 614 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	419,11 %	−27,52 %	−20,98 %	−12,21 %
Debt-to-Equity Ratio	−0	0,06	0,13	0,09
Operating Profit Margin	-	−0,25 %	−1,17 %	−1,88 %
Current Ratio	0,92	1,13	1,11	1,12
Quick Ratio	0,92	1,13	1,11	1,12
Equity Ratio	−0,06	0,16	0,22	0,15
Gross Profit Margin	-	17,37 %	22,09 %	17,48 %