CREONORDIC AS

3172 VEAR

Finances

Share Ownership

Return on Equity

29,24 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	83 551 000	69 776 000	66 142 000	58 916 000
Net Income	913 000	1 692 000	1 833 000	1 591 000
Total Assets	28 943 000	15 798 000	19 209 000	13 774 000
Total Equity	3 122 000	4 146 000	4 125 000	3 774 000

Income (NOK)	2022	2021	2020	2019
Revenue	83 551 000	69 776 000	66 142 000	58 916 000
Expenditure	81 638 000	67 392 000	63 195 000	56 423 000
Operating Profit	1 912 000	2 384 000	2 948 000	2 493 000
Financial Income	388 000	227 000	374 000	87 000
Financial Costs	1 118 000	448 000	993 000	548 000
Financial Balance	−730 000	−221 000	−619 000	−461 000
Earnings Before Tax	1 183 000	2 163 000	2 329 000	2 032 000
Tax	270 000	471 000	496 000	441 000
Net Income	913 000	1 692 000	1 833 000	1 591 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	543 000	567 000	292 000	734 000
Total Current Assets	28 400 000	15 231 000	18 917 000	13 041 000
Total Assets	28 943 000	15 798 000	19 209 000	13 774 000
Total Retained Equity	3 022 000	4 046 000	4 025 000	3 674 000
Total Equity	3 122 000	4 146 000	4 125 000	3 774 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	25 821 000	11 652 000	15 084 000	10 000 000
Total Equity and Debt	28 943 000	15 798 000	19 209 000	13 774 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	82 196 000	68 546 000	64 845 000	57 589 000
Other Income	1 355 000	1 231 000	1 296 000	1 327 000
Revenue	83 551 000	69 776 000	66 142 000	58 916 000
Cost of Goods Sold	57 376 000	47 949 000	42 205 000	38 562 000
Salary Costs	8 748 000	7 992 000	7 249 000	7 136 000
Depreciation	279 000	65 000	484 000	464 000
Impairment	59 000	0	0	0
Expenditure	81 638 000	67 392 000	63 195 000	56 423 000
Operating Profit	1 912 000	2 384 000	2 948 000	2 493 000
Financial Income	388 000	227 000	374 000	87 000
Financial Costs	1 118 000	448 000	993 000	548 000
Financial Balance	−730 000	−221 000	−619 000	−461 000
Dividends	0	0	0	0
Net Income	913 000	1 692 000	1 833 000	1 591 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	342 000	66 000	65 000	143 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	201 000	502 000	227 000	591 000
Total Tangible Assets	201 000	502 000	227 000	591 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	543 000	567 000	292 000	734 000
Stock	20 763 000	12 620 000	14 352 000	10 017 000
Total Investments	0	0	0	0
Cash, Bank	565 000	115 000	277 000	232 000
Total Current Assets	28 400 000	15 231 000	18 917 000	13 041 000
Total Assets	28 943 000	15 798 000	19 209 000	13 774 000
Total Equity	3 122 000	4 146 000	4 125 000	3 774 000
Short-Term Group Debt	9 449 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 798 000	7 050 000	5 299 000	1 437 000
Unpaid Taxes	2 532 000	1 466 000	2 174 000	2 221 000
Dividends	0	0	0	0
Other Current Debt	1 062 000	3 136 000	7 611 000	6 342 000
Total Current Debt	25 821 000	11 652 000	15 084 000	10 000 000
Total Equity and Debt	28 943 000	15 798 000	19 209 000	13 774 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,24 %	40,81 %	44,44 %	42,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,29 %	3,42 %	4,46 %	4,23 %
Current Ratio	1,1	1,31	1,25	1,3
Quick Ratio	5,61	−15,73	25,84	−767,12
Equity Ratio	0,11	0,26	0,21	0,27
Gross Profit Margin	31,33 %	31,28 %	36,19 %	34,55 %