KREARD AS

6415 MOLDE

Finances

Return on Equity

19,44 %

Current Ratio

9,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	187 000	31 000	0	84 000
Net Income	3 950 000	6 001 000	5 946 000	5 542 000
Total Assets	22 412 000	22 881 000	23 395 000	21 454 000
Total Equity	20 323 000	18 373 000	18 872 000	21 427 000

Income (NOK)	2022	2021	2020	2019
Revenue	187 000	31 000	0	84 000
Expenditure	162 000	138 000	111 000	131 000
Operating Profit	25 000	−107 000	−111 000	−47 000
Financial Income	4 456 000	6 091 000	6 041 000	5 601 000
Financial Costs	476 000	0	0	0
Financial Balance	3 980 000	6 091 000	6 041 000	5 601 000
Earnings Before Tax	4 005 000	5 983 000	5 930 000	5 554 000
Tax	55 000	−18 000	−15 000	12 000
Net Income	3 950 000	6 001 000	5 946 000	5 542 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 387 000	3 444 000	3 496 000	3 551 000
Total Current Assets	19 025 000	19 437 000	19 898 000	17 903 000
Total Assets	22 412 000	22 881 000	23 395 000	21 454 000
Total Retained Equity	20 223 000	18 273 000	18 772 000	21 327 000
Total Equity	20 323 000	18 373 000	18 872 000	21 427 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 089 000	4 508 000	4 522 000	27 000
Total Equity and Debt	22 412 000	22 881 000	23 395 000	21 454 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	187 000	31 000	0	0
Other Income	0	0	0	84 000
Revenue	187 000	31 000	0	84 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	70 000	70 000	70 000	70 000
Impairment	0	0	0	0
Expenditure	162 000	138 000	111 000	131 000
Operating Profit	25 000	−107 000	−111 000	−47 000
Financial Income	4 456 000	6 091 000	6 041 000	5 601 000
Financial Costs	476 000	0	0	0
Financial Balance	3 980 000	6 091 000	6 041 000	5 601 000
Dividends	2 000 000	6 500 000	8 500 000	0
Net Income	3 950 000	6 001 000	5 946 000	5 542 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	50 000	32 000	17 000
Real Eastate	3 214 000	3 284 000	3 354 000	3 424 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 214 000	3 284 000	3 354 000	3 424 000
Total Fiancial Fixed Assets	110 000	110 000	110 000	110 000
Total Fixed Assets	3 387 000	3 444 000	3 496 000	3 551 000
Stock	0	0	0	0
Total Investments	3 358 000	3 608 000	0	0
Cash, Bank	11 652 000	10 429 000	13 898 000	12 403 000
Total Current Assets	19 025 000	19 437 000	19 898 000	17 903 000
Total Assets	22 412 000	22 881 000	23 395 000	21 454 000
Total Equity	20 323 000	18 373 000	18 872 000	21 427 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	8 000	5 000	0
Unpaid Taxes	0	0	0	0
Dividends	2 000 000	6 500 000	8 500 000	0
Other Current Debt	16 000	4 500 000	0	10 000
Total Current Debt	2 089 000	4 508 000	4 522 000	27 000
Total Equity and Debt	22 412 000	22 881 000	23 395 000	21 454 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,44 %	32,66 %	31,51 %	25,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,37 %	−345,16 %	-	−55,95 %
Current Ratio	9,11	4,31	4,4	663,07
Quick Ratio	9,11	4,31	4,4	663,07
Equity Ratio	0,91	0,8	0,81	1
Gross Profit Margin	100 %	100 %	-	100 %