KRONBORG HOLDING AS

3179 ÅSGÅRDSTRAND

Finances

Return on Equity

9,2 %

Current Ratio

0,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	91 000	60 000	48 000	14 000
Net Income	86 000	−90 000	1 199 000	−163 000
Total Assets	1 593 000	1 530 000	1 527 000	205 000
Total Equity	935 000	849 000	939 000	−260 000

Income (NOK)	2022	2021	2020	2019
Revenue	91 000	60 000	48 000	14 000
Expenditure	−19 000	175 000	187 000	220 000
Operating Profit	110 000	−115 000	−139 000	−205 000
Financial Income	0	0	1 307 000	0
Financial Costs	0	0	0	3 000
Financial Balance	0	0	1 307 000	−3 000
Earnings Before Tax	110 000	−115 000	1 168 000	−208 000
Tax	24 000	−25 000	−31 000	−45 000
Net Income	86 000	−90 000	1 199 000	−163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 502 000	1 526 000	1 512 000	197 000
Total Current Assets	91 000	4 000	15 000	7 000
Total Assets	1 593 000	1 530 000	1 527 000	205 000
Total Retained Equity	824 000	738 000	828 000	−371 000
Total Equity	935 000	849 000	939 000	−260 000
Total Long-Term Debt	0	0	33 000	35 000
Total Current Debt	658 000	680 000	555 000	429 000
Total Equity and Debt	1 593 000	1 530 000	1 527 000	205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	90 000	2 000	29 000	14 000
Other Income	1 000	59 000	19 000	0
Revenue	91 000	60 000	48 000	14 000
Cost of Goods Sold	1 000	1 000	0	2 000
Salary Costs	0	4 000	1 000	1 000
Depreciation	0	21 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	−19 000	175 000	187 000	220 000
Operating Profit	110 000	−115 000	−139 000	−205 000
Financial Income	0	0	1 307 000	0
Financial Costs	0	0	0	3 000
Financial Balance	0	0	1 307 000	−3 000
Dividends	0	0	0	0
Net Income	86 000	−90 000	1 199 000	−163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	77 000	101 000	76 000	45 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	21 000	42 000
Total Tangible Assets	0	0	21 000	42 000
Total Fiancial Fixed Assets	1 425 000	1 425 000	1 415 000	110 000
Total Fixed Assets	1 502 000	1 526 000	1 512 000	197 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	4 000	1 000	7 000
Total Current Assets	91 000	4 000	15 000	7 000
Total Assets	1 593 000	1 530 000	1 527 000	205 000
Total Equity	935 000	849 000	939 000	−260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	33 000	35 000
Creditors	99 000	81 000	33 000	1 000
Unpaid Taxes	0	0	0	3 000
Dividends	0	0	0	0
Other Current Debt	559 000	599 000	522 000	425 000
Total Current Debt	658 000	680 000	555 000	429 000
Total Equity and Debt	1 593 000	1 530 000	1 527 000	205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,2 %	−10,6 %	127,69 %	62,69 %
Debt-to-Equity Ratio	0	0	0,04	−0,13
Operating Profit Margin	120,88 %	−191,67 %	−289,58 %	−1 464,29 %
Current Ratio	0,14	0,01	0,03	0,02
Quick Ratio	0,14	0,01	0,03	0,02
Equity Ratio	0,59	0,55	0,61	−1,27
Gross Profit Margin	98,9 %	98,33 %	100 %	85,71 %