CRANE NORWAY ENGINEERING AS

4312 SANDNES

Finances

Share Ownership

Return on Equity

19,77 %

Current Ratio

5,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 432 000	771 000	1 761 000	3 087 000
Net Income	171 000	127 000	282 000	207 000
Total Assets	1 079 000	778 000	1 262 000	1 865 000
Total Equity	865 000	693 000	566 000	784 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 432 000	771 000	1 761 000	3 087 000
Expenditure	1 220 000	597 000	1 381 000	2 838 000
Operating Profit	213 000	174 000	381 000	249 000
Financial Income	7 000	0	4 000	14 000
Financial Costs	0	12 000	24 000	0
Financial Balance	7 000	−12 000	−20 000	14 000
Earnings Before Tax	219 000	161 000	360 000	263 000
Tax	47 000	35 000	78 000	56 000
Net Income	171 000	127 000	282 000	207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 079 000	778 000	1 262 000	1 865 000
Total Assets	1 079 000	778 000	1 262 000	1 865 000
Total Retained Equity	315 000	143 000	16 000	234 000
Total Equity	865 000	693 000	566 000	784 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	214 000	85 000	696 000	1 081 000
Total Equity and Debt	1 079 000	778 000	1 262 000	1 865 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 432 000	771 000	1 761 000	3 087 000
Other Income	0	0	0	0
Revenue	1 432 000	771 000	1 761 000	3 087 000
Cost of Goods Sold	478 000	109 000	160 000	240 000
Salary Costs	0	0	758 000	1 939 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 220 000	597 000	1 381 000	2 838 000
Operating Profit	213 000	174 000	381 000	249 000
Financial Income	7 000	0	4 000	14 000
Financial Costs	0	12 000	24 000	0
Financial Balance	7 000	−12 000	−20 000	14 000
Dividends	0	0	500 000	0
Net Income	171 000	127 000	282 000	207 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	347 000	512 000	556 000	1 572 000
Total Current Assets	1 079 000	778 000	1 262 000	1 865 000
Total Assets	1 079 000	778 000	1 262 000	1 865 000
Total Equity	865 000	693 000	566 000	784 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	148 000	0	1 000	289 000
Unpaid Taxes	19 000	51 000	31 000	330 000
Dividends	0	0	500 000	0
Other Current Debt	0	0	86 000	406 000
Total Current Debt	214 000	85 000	696 000	1 081 000
Total Equity and Debt	1 079 000	778 000	1 262 000	1 865 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,77 %	18,33 %	49,82 %	26,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,87 %	22,57 %	21,64 %	8,07 %
Current Ratio	5,04	9,15	1,81	1,73
Quick Ratio	5,04	9,15	1,81	1,73
Equity Ratio	0,8	0,89	0,45	0,42
Gross Profit Margin	66,62 %	85,86 %	90,91 %	92,23 %