KRONE UTVIKLING AS

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Finances

Return on Equity

54,2 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 000	49 000	44 000	153 000
Net Income	71 000	76 000	81 000	141 000
Total Assets	303 000	1 516 000	1 727 000	1 256 000
Total Equity	131 000	1 513 000	1 437 000	1 223 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 000	49 000	44 000	153 000
Expenditure	5 000	0	0	12 000
Operating Profit	41 000	49 000	44 000	141 000
Financial Income	0	27 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	27 000	0	0
Earnings Before Tax	41 000	76 000	44 000	141 000
Tax	−31 000	0	−38 000	0
Net Income	71 000	76 000	81 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	1 500 000	0
Total Current Assets	303 000	1 516 000	227 000	1 256 000
Total Assets	303 000	1 516 000	1 727 000	1 256 000
Total Retained Equity	−78 000	1 280 000	1 204 000	1 123 000
Total Equity	131 000	1 513 000	1 437 000	1 223 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	172 000	3 000	290 000	34 000
Total Equity and Debt	303 000	1 516 000	1 727 000	1 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 000	74 000	194 000	253 000
Other Income	0	−25 000	−150 000	−100 000
Revenue	45 000	49 000	44 000	153 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 000	0	0	12 000
Operating Profit	41 000	49 000	44 000	141 000
Financial Income	0	27 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	27 000	0	0
Dividends	1 400 000	0	0	0
Net Income	71 000	76 000	81 000	141 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	1 500 000	0
Total Fixed Assets	0	0	1 500 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	1 000
Total Current Assets	303 000	1 516 000	227 000	1 256 000
Total Assets	303 000	1 516 000	1 727 000	1 256 000
Total Equity	131 000	1 513 000	1 437 000	1 223 000
Short-Term Group Debt	162 000	0	258 000	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	1 000
Unpaid Taxes	8 000	0	3 000	5 000
Dividends	1 400 000	0	0	0
Other Current Debt	3 000	3 000	28 000	28 000
Total Current Debt	172 000	3 000	290 000	34 000
Total Equity and Debt	303 000	1 516 000	1 727 000	1 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,2 %	5,02 %	5,64 %	11,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	91,11 %	100 %	100 %	92,16 %
Current Ratio	1,76	505,33	0,78	36,94
Quick Ratio	1,76	505,33	0,78	36,94
Equity Ratio	0,43	1	0,83	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %