KRONBORG RESOURCES AS

1447 DRØBAK

Finances

Return on Equity

188,56 %

Current Ratio

37,45

Debt-to-Equity Ratio

2,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 790 000	230 000	63 000	56 000
Net Income	1 961 000	156 000	−262 000	−115 000
Total Assets	3 603 000	1 967 000	1 733 000	1 618 000
Total Equity	1 040 000	−921 000	−1 077 000	−814 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 790 000	230 000	63 000	56 000
Expenditure	832 000	74 000	391 000	207 000
Operating Profit	1 958 000	156 000	−328 000	−152 000
Financial Income	80 000	0	65 000	36 000
Financial Costs	35 000	0	0	0
Financial Balance	45 000	0	65 000	36 000
Earnings Before Tax	2 003 000	156 000	−262 000	−115 000
Tax	41 000	0	0	0
Net Income	1 961 000	156 000	−262 000	−115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	944 000	1 679 000	1 639 000	1 548 000
Total Current Assets	2 659 000	288 000	94 000	70 000
Total Assets	3 603 000	1 967 000	1 733 000	1 618 000
Total Retained Equity	940 000	−1 021 000	−1 177 000	−914 000
Total Equity	1 040 000	−921 000	−1 077 000	−814 000
Total Long-Term Debt	2 492 000	2 852 000	2 810 000	2 422 000
Total Current Debt	71 000	36 000	0	10 000
Total Equity and Debt	3 603 000	1 967 000	1 733 000	1 618 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 750 000	230 000	63 000	56 000
Other Income	40 000	0	0	0
Revenue	2 790 000	230 000	63 000	56 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	23 000	20 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	832 000	74 000	391 000	207 000
Operating Profit	1 958 000	156 000	−328 000	−152 000
Financial Income	80 000	0	65 000	36 000
Financial Costs	35 000	0	0	0
Financial Balance	45 000	0	65 000	36 000
Dividends	0	0	0	0
Net Income	1 961 000	156 000	−262 000	−115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	814 000	774 000	785 000
Total Tangible Assets	40 000	814 000	774 000	785 000
Total Fiancial Fixed Assets	875 000	865 000	865 000	763 000
Total Fixed Assets	944 000	1 679 000	1 639 000	1 548 000
Stock	0	0	0	0
Total Investments	511 000	0	0	0
Cash, Bank	1 558 000	288 000	88 000	70 000
Total Current Assets	2 659 000	288 000	94 000	70 000
Total Assets	3 603 000	1 967 000	1 733 000	1 618 000
Total Equity	1 040 000	−921 000	−1 077 000	−814 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 492 000	2 852 000	2 810 000	2 422 000
Creditors	0	0	0	0
Unpaid Taxes	0	36 000	0	10 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	71 000	36 000	0	10 000
Total Equity and Debt	3 603 000	1 967 000	1 733 000	1 618 000

Financial indicators	2022	2021	2020	2019
Return on Equity	188,56 %	−16,94 %	24,33 %	14,13 %
Debt-to-Equity Ratio	2,4	−3,1	−2,61	−2,98
Operating Profit Margin	70,18 %	67,83 %	−520,63 %	−271,43 %
Current Ratio	37,45	8	-	7
Quick Ratio	37,45	8	-	7
Equity Ratio	0,29	−0,47	−0,62	−0,5
Gross Profit Margin	100 %	100 %	100 %	100 %