NORSK KRANSERTIFISERING AS

2080 EIDSVOLL

Finances

Share Ownership

Return on Equity

11,17 %

Current Ratio

0,93

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 069 000	3 491 000	3 071 000	2 394 000
Net Income	177 000	231 000	−55 000	2 000
Total Assets	2 897 000	2 468 000	1 857 000	1 615 000
Total Equity	1 584 000	1 655 000	1 425 000	1 479 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 069 000	3 491 000	3 071 000	2 394 000
Expenditure	3 821 000	3 173 000	3 131 000	2 375 000
Operating Profit	248 000	317 000	−61 000	20 000
Financial Income	1 000	0	0	1 000
Financial Costs	20 000	10 000	8 000	11 000
Financial Balance	−19 000	−10 000	−8 000	−10 000
Earnings Before Tax	229 000	307 000	−69 000	9 000
Tax	52 000	77 000	−15 000	7 000
Net Income	177 000	231 000	−55 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 390 000	1 344 000	1 296 000	879 000
Total Current Assets	507 000	1 124 000	561 000	736 000
Total Assets	2 897 000	2 468 000	1 857 000	1 615 000
Total Retained Equity	1 484 000	1 555 000	1 325 000	1 379 000
Total Equity	1 584 000	1 655 000	1 425 000	1 479 000
Total Long-Term Debt	768 000	229 000	135 000	189 000
Total Current Debt	545 000	584 000	297 000	−53 000
Total Equity and Debt	2 897 000	2 468 000	1 857 000	1 615 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 024 000	3 470 000	3 071 000	2 394 000
Other Income	45 000	20 000	0	0
Revenue	4 069 000	3 491 000	3 071 000	2 394 000
Cost of Goods Sold	292 000	373 000	484 000	14 000
Salary Costs	1 060 000	1 361 000	770 000	817 000
Depreciation	498 000	354 000	281 000	208 000
Impairment	0	0	0	0
Expenditure	3 821 000	3 173 000	3 131 000	2 375 000
Operating Profit	248 000	317 000	−61 000	20 000
Financial Income	1 000	0	0	1 000
Financial Costs	20 000	10 000	8 000	11 000
Financial Balance	−19 000	−10 000	−8 000	−10 000
Dividends	248 000	0	0	250 000
Net Income	177 000	231 000	−55 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	17 000	16 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	76 000	98 000	31 000	0
Fixtures	2 186 000	1 044 000	1 071 000	675 000
Total Tangible Assets	2 354 000	1 265 000	1 209 000	809 000
Total Fiancial Fixed Assets	36 000	62 000	70 000	70 000
Total Fixed Assets	2 390 000	1 344 000	1 296 000	879 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	215 000	564 000	91 000	244 000
Total Current Assets	507 000	1 124 000	561 000	736 000
Total Assets	2 897 000	2 468 000	1 857 000	1 615 000
Total Equity	1 584 000	1 655 000	1 425 000	1 479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	768 000	229 000	135 000	189 000
Creditors	385 000	158 000	166 000	93 000
Unpaid Taxes	54 000	228 000	59 000	105 000
Dividends	248 000	0	0	250 000
Other Current Debt	87 000	120 000	69 000	−507 000
Total Current Debt	545 000	584 000	297 000	−53 000
Total Equity and Debt	2 897 000	2 468 000	1 857 000	1 615 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,17 %	13,96 %	−3,86 %	0,14 %
Debt-to-Equity Ratio	0,48	0,14	0,09	0,13
Operating Profit Margin	6,09 %	9,08 %	−1,99 %	0,84 %
Current Ratio	0,93	1,92	1,89	−13,89
Quick Ratio	0,93	1,92	1,89	−13,89
Equity Ratio	0,55	0,67	0,77	0,92
Gross Profit Margin	92,82 %	89,32 %	84,24 %	99,42 %