CRETE AS

0976 OSLO

Finances

Share Ownership

Return on Equity

172,5 %

Current Ratio

0,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	429 000	891 000	1 180 000	1 304 000
Net Income	69 000	30 000	100 000	183 000
Total Assets	320 000	1 131 000	1 215 000	1 372 000
Total Equity	40 000	40 000	1 077 000	1 077 000

Income (NOK)	2022	2021	2020	2019
Revenue	429 000	891 000	1 180 000	1 304 000
Expenditure	341 000	853 000	1 052 000	1 071 000
Operating Profit	89 000	38 000	128 000	234 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	89 000	38 000	129 000	234 000
Tax	20 000	8 000	28 000	51 000
Net Income	69 000	30 000	100 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	237 000	727 000	856 000	1 090 000
Total Current Assets	83 000	404 000	359 000	282 000
Total Assets	320 000	1 131 000	1 215 000	1 372 000
Total Retained Equity	0	0	1 037 000	1 037 000
Total Equity	40 000	40 000	1 077 000	1 077 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	280 000	1 091 000	138 000	294 000
Total Equity and Debt	320 000	1 131 000	1 215 000	1 372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	429 000	891 000	1 180 000	1 304 000
Other Income	0	0	0	0
Revenue	429 000	891 000	1 180 000	1 304 000
Cost of Goods Sold	289 000	568 000	749 000	790 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	341 000	853 000	1 052 000	1 071 000
Operating Profit	89 000	38 000	128 000	234 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	69 000	30 000	100 000	183 000

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	237 000	727 000	856 000	1 090 000
Total Fixed Assets	237 000	727 000	856 000	1 090 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	50 000	392 000	321 000	243 000
Total Current Assets	83 000	404 000	359 000	282 000
Total Assets	320 000	1 131 000	1 215 000	1 372 000
Total Equity	40 000	40 000	1 077 000	1 077 000
Short-Term Group Debt	274 000	1 075 000	129 000	234 000
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	9 000	60 000
Unpaid Taxes	4 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	16 000	0	0
Total Current Debt	280 000	1 091 000	138 000	294 000
Total Equity and Debt	320 000	1 131 000	1 215 000	1 372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	172,5 %	75 %	9,29 %	16,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,75 %	4,26 %	10,85 %	17,94 %
Current Ratio	0,3	0,37	2,6	0,96
Quick Ratio	0,3	0,37	2,6	0,96
Equity Ratio	0,13	0,04	0,89	0,78
Gross Profit Margin	32,63 %	36,25 %	36,53 %	39,42 %