CREONORDIC MANAGEMENT AS

3172 VEAR

Finances

Return on Equity

35,77 %

Current Ratio

0,74

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 928 000	9 432 000	6 893 000	3 464 000
Net Income	4 449 000	2 679 000	1 098 000	−2 265 000
Total Assets	59 322 000	48 585 000	33 824 000	26 234 000
Total Equity	12 437 000	16 623 000	14 892 000	11 795 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 928 000	9 432 000	6 893 000	3 464 000
Expenditure	15 418 000	9 781 000	7 049 000	6 363 000
Operating Profit	1 510 000	−349 000	−156 000	−2 898 000
Financial Income	9 193 000	5 153 000	2 329 000	1 050 000
Financial Costs	4 239 000	1 020 000	678 000	676 000
Financial Balance	4 954 000	4 133 000	1 651 000	374 000
Earnings Before Tax	6 464 000	3 784 000	1 495 000	−2 525 000
Tax	2 015 000	1 105 000	397 000	−260 000
Net Income	4 449 000	2 679 000	1 098 000	−2 265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 522 000	29 442 000	14 418 000	12 891 000
Total Current Assets	29 800 000	19 144 000	19 406 000	13 342 000
Total Assets	59 322 000	48 585 000	33 824 000	26 234 000
Total Retained Equity	433 000	4 619 000	2 888 000	1 790 000
Total Equity	12 437 000	16 623 000	14 892 000	11 795 000
Total Long-Term Debt	6 695 000	11 325 000	5 000 000	0
Total Current Debt	40 190 000	20 637 000	13 931 000	14 439 000
Total Equity and Debt	59 322 000	48 585 000	33 824 000	26 234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 716 000	9 432 000	6 893 000	3 464 000
Other Income	212 000	0	0	0
Revenue	16 928 000	9 432 000	6 893 000	3 464 000
Cost of Goods Sold	447 000	492 000	0	14 000
Salary Costs	6 544 000	4 827 000	3 605 000	3 723 000
Depreciation	2 915 000	1 360 000	0	0
Impairment	0	0	0	0
Expenditure	15 418 000	9 781 000	7 049 000	6 363 000
Operating Profit	1 510 000	−349 000	−156 000	−2 898 000
Financial Income	9 193 000	5 153 000	2 329 000	1 050 000
Financial Costs	4 239 000	1 020 000	678 000	676 000
Financial Balance	4 954 000	4 133 000	1 651 000	374 000
Dividends	0	0	0	0
Net Income	4 449 000	2 679 000	1 098 000	−2 265 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	531 000
Real Eastate	1 671 000	0	0	0
Machinery and Plant Facilities	6 625 000	0	0	0
Fixtures	98 000	11 869 000	0	0
Total Tangible Assets	8 393 000	11 869 000	0	0
Total Fiancial Fixed Assets	21 129 000	17 572 000	14 418 000	12 360 000
Total Fixed Assets	29 522 000	29 442 000	14 418 000	12 891 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	538 000	255 000	171 000	169 000
Total Current Assets	29 800 000	19 144 000	19 406 000	13 342 000
Total Assets	59 322 000	48 585 000	33 824 000	26 234 000
Total Equity	12 437 000	16 623 000	14 892 000	11 795 000
Short-Term Group Debt	32 099 000	0	0	0
Total Long-Term Debt	6 695 000	11 325 000	5 000 000	0
Creditors	1 363 000	827 000	513 000	110 000
Unpaid Taxes	1 601 000	982 000	519 000	423 000
Dividends	0	0	0	0
Other Current Debt	4 674 000	6 829 000	1 044 000	2 842 000
Total Current Debt	40 190 000	20 637 000	13 931 000	14 439 000
Total Equity and Debt	59 322 000	48 585 000	33 824 000	26 234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,77 %	16,12 %	7,37 %	−19,2 %
Debt-to-Equity Ratio	0,54	0,68	0,34	0
Operating Profit Margin	8,92 %	−3,7 %	−2,26 %	−83,66 %
Current Ratio	0,74	0,93	1,39	0,92
Quick Ratio	0,74	0,93	1,39	0,92
Equity Ratio	0,21	0,34	0,44	0,45
Gross Profit Margin	97,36 %	94,78 %	100 %	99,6 %