CREDLOCK SYSTEMS AS

0279 OSLO

Finances

Share Ownership

Return on Equity

14,95 %

Current Ratio

0,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 666 000	14 028 000	10 415 000	9 979 000
Net Income	122 000	−34 000	79 000	72 000
Total Assets	20 725 000	20 804 000	15 183 000	9 821 000
Total Equity	816 000	694 000	728 000	650 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 666 000	14 028 000	10 415 000	9 979 000
Expenditure	14 239 000	13 520 000	10 112 000	9 689 000
Operating Profit	427 000	508 000	303 000	291 000
Financial Income	193 000	40 000	113 000	8 000
Financial Costs	621 000	726 000	346 000	287 000
Financial Balance	−428 000	−686 000	−233 000	−279 000
Earnings Before Tax	−1 000	−178 000	70 000	12 000
Tax	−122 000	−144 000	−8 000	−61 000
Net Income	122 000	−34 000	79 000	72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 784 000	13 294 000	10 926 000	6 487 000
Total Current Assets	6 940 000	7 510 000	4 257 000	3 334 000
Total Assets	20 725 000	20 804 000	15 183 000	9 821 000
Total Retained Equity	716 000	594 000	628 000	550 000
Total Equity	816 000	694 000	728 000	650 000
Total Long-Term Debt	0	15 429 000	8 977 000	5 690 000
Total Current Debt	19 909 000	4 680 000	5 477 000	3 481 000
Total Equity and Debt	20 725 000	20 804 000	15 183 000	9 821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 516 000	9 052 000	8 599 000	8 371 000
Other Income	4 150 000	4 977 000	1 817 000	1 608 000
Revenue	14 666 000	14 028 000	10 415 000	9 979 000
Cost of Goods Sold	1 669 000	1 365 000	996 000	747 000
Salary Costs	0	0	0	0
Depreciation	3 949 000	3 782 000	2 869 000	2 782 000
Impairment	0	0	0	0
Expenditure	14 239 000	13 520 000	10 112 000	9 689 000
Operating Profit	427 000	508 000	303 000	291 000
Financial Income	193 000	40 000	113 000	8 000
Financial Costs	621 000	726 000	346 000	287 000
Financial Balance	−428 000	−686 000	−233 000	−279 000
Dividends	0	0	0	0
Net Income	122 000	−34 000	79 000	72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 828 000	8 417 000	7 986 000	6 183 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 682 000	4 421 000	2 506 000	303 000
Total Tangible Assets	5 682 000	4 421 000	2 506 000	303 000
Total Fiancial Fixed Assets	275 000	456 000	434 000	2 000
Total Fixed Assets	13 784 000	13 294 000	10 926 000	6 487 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 513 000	1 281 000	705 000	750 000
Total Current Assets	6 940 000	7 510 000	4 257 000	3 334 000
Total Assets	20 725 000	20 804 000	15 183 000	9 821 000
Total Equity	816 000	694 000	728 000	650 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	15 429 000	8 977 000	5 690 000
Creditors	980 000	829 000	2 541 000	773 000
Unpaid Taxes	20 000	0	18 000	0
Dividends	0	0	0	0
Other Current Debt	15 033 000	3 852 000	2 919 000	2 708 000
Total Current Debt	19 909 000	4 680 000	5 477 000	3 481 000
Total Equity and Debt	20 725 000	20 804 000	15 183 000	9 821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,95 %	−4,9 %	10,85 %	11,08 %
Debt-to-Equity Ratio	0	22,23	12,33	8,75
Operating Profit Margin	2,91 %	3,62 %	2,91 %	2,92 %
Current Ratio	0,35	1,6	0,78	0,96
Quick Ratio	0,35	1,6	0,78	0,96
Equity Ratio	0,04	0,03	0,05	0,07
Gross Profit Margin	88,62 %	90,27 %	90,44 %	92,51 %