CREO-X AS

6977 BYGSTAD

Finances

Return on Equity

−13,54 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	482 000	802 000	604 000	1 230 000
Net Income	−39 000	−26 000	−13 000	−13 000
Total Assets	426 000	499 000	509 000	599 000
Total Equity	288 000	327 000	353 000	366 000

Income (NOK)	2022	2021	2020	2019
Revenue	482 000	802 000	604 000	1 230 000
Expenditure	536 000	775 000	624 000	1 249 000
Operating Profit	−54 000	26 000	−20 000	−19 000
Financial Income	4 000	4 000	4 000	3 000
Financial Costs	0	50 000	0	0
Financial Balance	4 000	−46 000	4 000	3 000
Earnings Before Tax	−50 000	−20 000	−16 000	−16 000
Tax	−11 000	7 000	−4 000	−4 000
Net Income	−39 000	−26 000	−13 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	215 000	235 000	325 000	192 000
Total Current Assets	211 000	264 000	184 000	406 000
Total Assets	426 000	499 000	509 000	599 000
Total Retained Equity	188 000	227 000	253 000	266 000
Total Equity	288 000	327 000	353 000	366 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	138 000	172 000	156 000	232 000
Total Equity and Debt	426 000	499 000	509 000	599 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	481 000	801 000	593 000	1 230 000
Other Income	1 000	0	11 000	0
Revenue	482 000	802 000	604 000	1 230 000
Cost of Goods Sold	−3 000	19 000	5 000	10 000
Salary Costs	334 000	552 000	465 000	1 074 000
Depreciation	31 000	33 000	21 000	3 000
Impairment	0	0	0	0
Expenditure	536 000	775 000	624 000	1 249 000
Operating Profit	−54 000	26 000	−20 000	−19 000
Financial Income	4 000	4 000	4 000	3 000
Financial Costs	0	50 000	0	0
Financial Balance	4 000	−46 000	4 000	3 000
Dividends	0	0	0	0
Net Income	−39 000	−26 000	−13 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 000	56 000	63 000	59 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	72 000	102 000	136 000	7 000
Total Tangible Assets	72 000	102 000	136 000	7 000
Total Fiancial Fixed Assets	76 000	76 000	126 000	126 000
Total Fixed Assets	215 000	235 000	325 000	192 000
Stock	0	0	0	1 000
Total Investments	0	0	0	0
Cash, Bank	166 000	130 000	133 000	283 000
Total Current Assets	211 000	264 000	184 000	406 000
Total Assets	426 000	499 000	509 000	599 000
Total Equity	288 000	327 000	353 000	366 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	24 000	25 000	25 000	23 000
Unpaid Taxes	70 000	52 000	44 000	82 000
Dividends	0	0	0	0
Other Current Debt	44 000	96 000	87 000	127 000
Total Current Debt	138 000	172 000	156 000	232 000
Total Equity and Debt	426 000	499 000	509 000	599 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,54 %	−7,95 %	−3,68 %	−3,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−11,2 %	3,24 %	−3,31 %	−1,54 %
Current Ratio	1,53	1,53	1,18	1,75
Quick Ratio	1,53	1,53	1,18	1,76
Equity Ratio	0,68	0,66	0,69	0,61
Gross Profit Margin	100,62 %	97,63 %	99,17 %	99,19 %