CREATIVE TECHNOLOGY RESEARCH AS

5428 FOLDRØYHAMN

Finances

Share Ownership

Return on Equity

−12,29 %

Current Ratio

0,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	16 000	2 005 000	5 174 000
Net Income	−67 000	−87 000	−299 000	303 000
Total Assets	1 129 000	1 022 000	1 593 000	2 151 000
Total Equity	545 000	612 000	699 000	762 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	16 000	2 005 000	5 174 000
Expenditure	19 000	91 000	2 334 000	4 764 000
Operating Profit	−19 000	−76 000	−328 000	410 000
Financial Income	−1 000	0	−30 000	19 000
Financial Costs	46 000	13 000	23 000	39 000
Financial Balance	−47 000	−13 000	−53 000	−20 000
Earnings Before Tax	−67 000	−89 000	−382 000	391 000
Tax	0	−2 000	−83 000	88 000
Net Income	−67 000	−87 000	−299 000	303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	628 000	380 000	391 000	343 000
Total Current Assets	501 000	643 000	1 202 000	1 809 000
Total Assets	1 129 000	1 022 000	1 593 000	2 151 000
Total Retained Equity	211 000	277 000	365 000	663 000
Total Equity	545 000	612 000	699 000	762 000
Total Long-Term Debt	0	311 000	629 000	143 000
Total Current Debt	584 000	99 000	265 000	1 245 000
Total Equity and Debt	1 129 000	1 022 000	1 593 000	2 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	16 000	2 005 000	5 174 000
Other Income	0	0	0	0
Revenue	0	16 000	2 005 000	5 174 000
Cost of Goods Sold	0	0	828 000	2 527 000
Salary Costs	0	0	1 021 000	1 711 000
Depreciation	6 000	11 000	5 000	1 000
Impairment	0	0	0	0
Expenditure	19 000	91 000	2 334 000	4 764 000
Operating Profit	−19 000	−76 000	−328 000	410 000
Financial Income	−1 000	0	−30 000	19 000
Financial Costs	46 000	13 000	23 000	39 000
Financial Balance	−47 000	−13 000	−53 000	−20 000
Dividends	0	0	0	0
Net Income	−67 000	−87 000	−299 000	303 000

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	1 000	7 000	18 000	23 000
Total Tangible Assets	1 000	7 000	18 000	23 000
Total Fiancial Fixed Assets	627 000	373 000	373 000	320 000
Total Fixed Assets	628 000	380 000	391 000	343 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	−219 000	18 000	44 000
Total Current Assets	501 000	643 000	1 202 000	1 809 000
Total Assets	1 129 000	1 022 000	1 593 000	2 151 000
Total Equity	545 000	612 000	699 000	762 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	311 000	629 000	143 000
Creditors	73 000	82 000	82 000	194 000
Unpaid Taxes	10 000	10 000	55 000	255 000
Dividends	0	0	0	0
Other Current Debt	8 000	8 000	103 000	173 000
Total Current Debt	584 000	99 000	265 000	1 245 000
Total Equity and Debt	1 129 000	1 022 000	1 593 000	2 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,29 %	−14,22 %	−42,78 %	39,76 %
Debt-to-Equity Ratio	0	0,51	0,9	0,19
Operating Profit Margin	-	−475 %	−16,36 %	7,92 %
Current Ratio	0,86	6,49	4,54	1,45
Quick Ratio	0,86	6,49	4,54	1,45
Equity Ratio	0,48	0,6	0,44	0,35
Gross Profit Margin	-	100 %	58,7 %	51,16 %