CREDO BOLIG AS

2317 HAMAR

Finances

Return on Equity

−3,28 %

Current Ratio

1,54

Debt-to-Equity Ratio

1,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 044 000	13 721 000	16 532 000	10 853 000
Net Income	−435 000	−2 513 000	−2 853 000	−7 255 000
Total Assets	44 453 000	35 999 000	35 406 000	60 706 000
Total Equity	13 248 000	12 409 000	13 605 000	13 264 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 044 000	13 721 000	16 532 000	10 853 000
Expenditure	27 878 000	16 717 000	21 049 000	19 579 000
Operating Profit	−834 000	−2 996 000	−4 517 000	−8 726 000
Financial Income	915 000	651 000	1 023 000	1 658 000
Financial Costs	633 000	877 000	342 000	3 731 000
Financial Balance	282 000	−226 000	681 000	−2 073 000
Earnings Before Tax	−553 000	−3 222 000	−3 836 000	−10 798 000
Tax	−118 000	−709 000	−984 000	−3 544 000
Net Income	−435 000	−2 513 000	−2 853 000	−7 255 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 444 000	24 400 000	22 548 000	35 710 000
Total Current Assets	20 009 000	11 598 000	12 858 000	24 996 000
Total Assets	44 453 000	35 999 000	35 406 000	60 706 000
Total Retained Equity	0	0	0	0
Total Equity	13 248 000	12 409 000	13 605 000	13 264 000
Total Long-Term Debt	18 206 000	19 464 000	19 085 000	4 983 000
Total Current Debt	12 999 000	4 126 000	2 716 000	42 459 000
Total Equity and Debt	44 453 000	35 999 000	35 406 000	60 706 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 982 000	11 559 000	14 218 000	10 713 000
Other Income	2 061 000	2 162 000	2 315 000	141 000
Revenue	27 044 000	13 721 000	16 532 000	10 853 000
Cost of Goods Sold	20 284 000	8 681 000	12 401 000	10 149 000
Salary Costs	5 022 000	3 970 000	5 444 000	6 249 000
Depreciation	349 000	416 000	504 000	419 000
Impairment	0	0	0	0
Expenditure	27 878 000	16 717 000	21 049 000	19 579 000
Operating Profit	−834 000	−2 996 000	−4 517 000	−8 726 000
Financial Income	915 000	651 000	1 023 000	1 658 000
Financial Costs	633 000	877 000	342 000	3 731 000
Financial Balance	282 000	−226 000	681 000	−2 073 000
Dividends	0	0	0	0
Net Income	−435 000	−2 513 000	−2 853 000	−7 255 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	326 000	643 000	382 000	133 000
Real Eastate	0	0	534 000	534 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	386 000	630 000	970 000	973 000
Total Tangible Assets	386 000	630 000	1 504 000	1 507 000
Total Fiancial Fixed Assets	23 732 000	23 127 000	20 662 000	34 070 000
Total Fixed Assets	24 444 000	24 400 000	22 548 000	35 710 000
Stock	2 395 000	1 774 000	1 338 000	1 426 000
Total Investments	125 000	125 000	125 000	125 000
Cash, Bank	1 421 000	155 000	284 000	2 097 000
Total Current Assets	20 009 000	11 598 000	12 858 000	24 996 000
Total Assets	44 453 000	35 999 000	35 406 000	60 706 000
Total Equity	13 248 000	12 409 000	13 605 000	13 264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 206 000	19 464 000	19 085 000	4 983 000
Creditors	6 844 000	3 077 000	1 287 000	368 000
Unpaid Taxes	1 119 000	418 000	416 000	453 000
Dividends	0	0	0	0
Other Current Debt	5 037 000	460 000	1 013 000	41 638 000
Total Current Debt	12 999 000	4 126 000	2 716 000	42 459 000
Total Equity and Debt	44 453 000	35 999 000	35 406 000	60 706 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,28 %	−20,25 %	−20,97 %	−54,7 %
Debt-to-Equity Ratio	1,37	1,57	1,4	0,38
Operating Profit Margin	−3,08 %	−21,84 %	−27,32 %	−80,4 %
Current Ratio	1,54	2,81	4,73	0,59
Quick Ratio	1,89	4,93	9,33	0,61
Equity Ratio	0,3	0,34	0,38	0,22
Gross Profit Margin	25 %	36,73 %	24,99 %	6,49 %